LTC Properties (LTC) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
209.8M
Gross Profit
196.9M
93.84%
Operating Income
132.6M
63.17%
Net Income
94.9M
45.21%
Balance Sheet Metrics
Total Assets
1.8B
Total Liabilities
733.1M
Shareholders Equity
1.1B
Debt to Equity
0.70
Cash Flow Metrics
Operating Cash Flow
127.6M
Free Cash Flow
125.2M
Revenue & Profitability Trend
LTC Properties Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 209.8M | 197.2M | 175.2M | 155.3M | 159.3M |
| Cost of Goods Sold | 12.9M | 13.3M | 15.5M | 15.4M | 15.1M |
| Gross Profit | 196.9M | 184.0M | 159.7M | 139.9M | 144.3M |
| Operating Expenses | 27.2M | 24.3M | 23.7M | 21.5M | 19.7M |
| Operating Income | 132.6M | 116.6M | 96.9M | 79.2M | 85.5M |
| Pre-tax Income | 94.9M | 91.5M | 100.6M | 56.2M | 95.7M |
| Income Tax | - | - | - | - | - |
| Net Income | 94.9M | 91.5M | 100.6M | 56.2M | 95.7M |
| EPS (Diluted) | - | $2.16 | $2.48 | $1.41 | $2.42 |
Income Statement Trend
LTC Properties Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 829.0M | 864.6M | 625.9M | 448.5M | 342.0M |
| Non-Current Assets | 957.2M | 990.5M | 1.0B | 1.1B | 1.1B |
| Total Assets | 1.8B | 1.9B | 1.7B | 1.5B | 1.5B |
| Liabilities | |||||
| Current Liabilities | 192.9M | 47.5M | 37.9M | 37.0M | 34.3M |
| Non-Current Liabilities | 540.2M | 891.3M | 767.9M | 722.7M | 649.4M |
| Total Liabilities | 733.1M | 938.8M | 805.8M | 759.7M | 683.7M |
| Equity | |||||
| Total Shareholders Equity | 1.1B | 916.3M | 850.3M | 745.1M | 775.8M |
Balance Sheet Composition
LTC Properties Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 94.9M | 91.5M | 100.6M | 56.2M | 95.7M |
| Operating Cash Flow | 127.6M | 125.0M | 144.3M | 99.7M | 156.3M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | 65.8M | -187.7M | -131.7M | -107.1M | 9.3M |
| Financing Activities | |||||
| Dividends Paid | -100.5M | -94.8M | -91.5M | -90.5M | -90.3M |
| Financing Cash Flow | -226.7M | 80.4M | 19.6M | -24.0M | -156.5M |
| Free Cash Flow | 125.2M | 104.4M | 105.6M | 91.2M | 115.7M |
Cash Flow Trend
LTC Properties Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
18.35
Forward P/E
18.16
Price to Book
1.69
Price to Sales
8.03
PEG Ratio
18.16
Profitability Ratios
Profit Margin
43.17%
Operating Margin
55.68%
Return on Equity
9.39%
Return on Assets
4.23%
Financial Health
Current Ratio
12.67
Debt to Equity
65.01
Beta
0.66
Per Share Data
EPS (TTM)
$1.93
Book Value per Share
$20.96
Revenue per Share
$4.57
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| ltc | 1.6B | 18.35 | 1.69 | 9.39% | 43.17% | 65.01 |
| Welltower | 100.9B | 87.65 | 2.96 | 3.48% | 12.65% | 49.20 |
| Ventas | 28.9B | 194.30 | 2.52 | 1.38% | 2.82% | 108.90 |
| Sila Realty Trust | 1.3B | 38.10 | 0.96 | 2.48% | 19.29% | 43.23 |
| Global Medical REIT | 852.7M | 209.00 | 0.95 | 1.43% | 5.75% | 127.91 |
| Diversified | 887.8M | -2.40 | 0.46 | -13.96% | -19.38% | 144.76 |
Financial data is updated regularly. All figures are in the company's reporting currency.