CareTrust REIT (CTRE) Gross Margin (2014 - 2021)
CareTrust REIT's (CTRE) quarterly Gross Margin came in at 100.0% in Q4 2021, up 47.0% year-on-year from 68.03% in Q4 2020, and little changed quarter-over-quarter from 100.0% in Q3 2021.
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.
- On a quarterly basis, Gross Margin rose 47.0% year-over-year to 100.0% in Q4 2021; TTM through Dec 2021 was 100.0%, a 406.0% increase from a year earlier, with the FY2021 full-year figure at 100.0%, up 105.0% from the prior year.
- Gross Margin held at 100.0% in Q4 2021 per CTRE's latest filing, from 100.0% in the prior quarter.
- Across five years, Gross Margin topped out at 100.0% in Q1 2021 and bottomed at 10.41% in Q3 2020.
- The 5-year median for Gross Margin is 98.11% (2018), against an average of 85.54%.
- Across the five-year window, Gross Margin plunged 8722 bps in 2020 and surged 8959 bps in 2021, its largest moves.
- Year by year, Gross Margin 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.
- Per Business Quant, the three latest CTRE Gross Margin figures stand at 100.0% (Q4 2021), 100.0% (Q3 2021), and 100.0% (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 172.91 Bn | 168.34 Bn | 1.30 Bn | 38.68% |
| 2 | Ventas | 46.62 Bn | 46.50 Bn | 1.65 Bn | 99.41% |
| 3 | Healthpeak Properties | 15.34 Bn | 16.55 Bn | - | - |
| 4 | Omega Healthcare Investors | 15.14 Bn | 15.41 Bn | - | - |
| 5 | American Healthcare REIT | 10.71 Bn | 10.59 Bn | 97.60 Mn | 16.01% |
| 6 | CareTrust REIT | 9.45 Bn | 9.46 Bn | - | - |
| 7 | Healthcare Realty Trust | 7.33 Bn | 7.33 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.09 Bn | 5.09 Bn | - | - |
| 9 | Diversified Healthcare Trust | 4.51 Bn | 4.39 Bn | 295.29 Mn | 80.58% |
| 10 | National Health Investors | 3.86 Bn | 3.87 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 10.41% |
| Jun 30, 2020 | 11.22% |
| Mar 31, 2020 | 12.64% |
| 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% |