CareTrust REIT (CTRE) Gross Margin (2014 - 2021)

CareTrust REIT (CTRE) recorded quarterly Gross Margin of 100.0% in Q4 2021, little changed quarter-over-quarter from 100.0% in Q3 2021, and up 47.0% on a YoY basis from 68.03% in Q4 2020.

CareTrust REIT (CTRE) Gross Margin (2014 - 2021) Analysis & Trends

CareTrust REIT's Gross Margin history runs 8 years deep, the most recent figure standing at 100.0% for Q4 2021.

  • In Q4 2021, Gross Margin rose 47.0% year-over-year to 100.0%; the TTM figure through Dec 2021 stood at 100.0% (up 105.0% YoY), while the FY2021 annual figure was 100.0%, up 105.0% from the prior year.
  • Gross Margin was 100.0% for Q4 2021 at CareTrust REIT, roughly flat from 100.0% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.0% in Q1 2021 to a low of 97.58% in Q3 2019.
  • Historically, Gross Margin has averaged 98.64% across 5 years, with a median of 98.33% in 2019.
  • The sharpest annual moves came in 2019 and 2021: Gross Margin plunged 48 bps in 2019, then soared 124 bps in 2021.
  • A 5-year view of Gross Margin shows it stood at 98.01% in 2017, then advanced by 0 bps to 98.17% in 2018, then gained by 0 bps to 98.49% in 2019, then gained by 1 bps to 99.53% in 2020, then increased by 0 bps to 100.0% in 2021.
  • The last three Gross Margin figures came in at 100.0% (Q4 2021), 100.0% (Q3 2021), and 100.0% (Q2 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Welltower 144.82 Bn 141.05 Bn 1.30 Bn 38.68%
2 Ventas 39.06 Bn 38.93 Bn 1.65 Bn 99.41%
3 Healthpeak Properties 13.76 Bn 14.32 Bn - -
4 Omega Healthcare Investors 12.86 Bn 13.12 Bn - -
5 American Healthcare REIT 8.89 Bn 8.81 Bn 97.60 Mn 16.01%
6 CareTrust REIT 8.47 Bn 8.48 Bn - -
7 Healthcare Realty Trust 6.83 Bn 6.83 Bn - -
8 National Health Investors 3.40 Bn 3.41 Bn - -
9 Diversified Healthcare Trust 2.05 Bn 1.93 Bn 304.41 Mn 83.06%
10 Ltc Properties 1.75 Bn 1.82 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2021 100.00%
Sep 30, 2021 100.00%
Jun 30, 2021 100.00%
Mar 31, 2021 100.00%
Dec 31, 2020 99.53%
Sep 30, 2020 98.76%
Jun 30, 2020 98.76%
Mar 31, 2020 98.77%
Dec 31, 2019 98.49%
Sep 30, 2019 97.58%
Jun 30, 2019 98.44%
Mar 31, 2019 98.22%
Dec 31, 2018 98.17%
Sep 30, 2018 98.06%
Jun 30, 2018 98.09%
Mar 31, 2018 98.12%
Dec 31, 2017 98.01%
Sep 30, 2017 97.88%
Jun 30, 2017 98.04%
Mar 31, 2017 97.84%