)
Visual
test
CareTrust REIT
CareTrust REIT (CTRE) investor relations material
CareTrust REIT Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Net income for Q3 2025 was $74.9 million, or $0.35 per diluted share, up 67% year-over-year, with normalized FFO per share of $0.45, up 18% year-over-year.
Closed $495 million of new investments in Q3, bringing year-to-date total to over $1.6 billion, surpassing last year's record.
Completed the acquisition of Care REIT plc, expanding into the U.K. and increasing the portfolio to 579 healthcare properties with 53,589 beds/units across 33 U.S. states and the U.K.
Raised $736 million in a public equity offering and $369.9 million through the ATM program, strengthening liquidity for acquisitions and debt repayment.
Maintains a strong balance sheet with no near-term debt maturities until 2028 and significant liquidity.
Financial highlights
Q3 2025 total revenues were $132.4 million, up from $77.4 million in Q3 2024; net income attributable to shareholders was $74.9 million, up from $33.4 million.
Normalized FFO for Q3 2025 was $94.7 million ($0.45/share), up from $60.9 million ($0.38/share) in Q3 2024; normalized FAD was $93.1 million ($0.44/share), up from $61.9 million ($0.39/share).
Dividend per share for Q3 2025 was $0.335, with a normalized FFO payout ratio of 83%.
Net debt to annualized normalized run rate EBITDA was 0.42x; net debt to enterprise value was ~2.4%.
100% collection of contractual rent and interest, excluding properties held for sale.
Outlook and guidance
2025 guidance: net income per diluted share $1.41–$1.42; normalized FFO and FAD per share $1.76–$1.77.
Guidance assumes no new acquisitions, dispositions, or capital raises for the remainder of 2025.
Investment pipeline stands at $600 million, with about half in U.S. skilled nursing, a third in U.K. care homes, and the rest in SHOP and strategic loans.
Management expects strong fundamentals and a robust investment pipeline to drive momentum into 2026.
Full-year 2026 guidance to be provided with Q4 and full-year 2025 update.
SHOP strategy: asset types, markets, operator fit
G&A drivers for 2026 and expected trend
U.K. pipeline growth and market competitiveness
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 7 FebGICRE
Net profit for the nine months surged to ₹6,62,217 lakhs, with a robust solvency ratio of 3.87. - 7 Feb517271
Strong revenue and profit growth, interim dividend, and major investments approved. - 7 Feb514167
Quarterly and nine-month results reflect solid revenue, profit, and compliance with new labour codes. - 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus.
Next CareTrust REIT earnings date
Q4 202513 Feb, 2026
CareTrust REIT
Next CareTrust REIT earnings date
Q4 202513 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
CareTrust REIT, Inc. is a U.S.-based real estate investment trust focused on owning and managing healthcare-related properties. The company’s portfolio includes skilled nursing facilities, senior housing, and other healthcare properties, which it leases to healthcare operators under long-term agreements. CareTrust provides capital for property acquisitions and developments, supporting healthcare operators in delivering services to aging populations and other patients. The company is headquartered in San Clemente, California, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage