CareTrust REIT (CTRE) Gross Margin (2014 - 2021)
CareTrust REIT (CTRE) posted Gross Margin of 100.0% for Q4 2021, little changed on a QoQ basis from 100.0% in Q3 2021, and up 47.0% year-over-year from 68.03% in Q4 2020.
Analysis
CareTrust REIT (CTRE) Gross Margin (2014 - 2021) Analysis & Trends
CareTrust REIT has reported Gross Margin for 8 years, with the latest figure at 100.0% in 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 105.0% increase from a year earlier, with the FY2021 full-year figure at 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.
- The five-year high for Gross Margin was 100.0% in Q1 2021, with the low at 97.58% in Q3 2019.
- Average Gross Margin over 5 years is 98.64%, with a median of 98.33% recorded in 2019.
- The sharpest annual moves came in 2019 and 2021: Gross Margin tumbled 48 bps in 2019, then jumped 124 bps in 2021.
- Over 5 years, Gross Margin stood at 98.01% in 2017, then climbed by 0 bps to 98.17% in 2018, then advanced by 0 bps to 98.49% in 2019, then advanced by 1 bps to 99.53% in 2020, then rose 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 170.25 Bn | 169.31 Bn | 1.39 Bn | 39.34% |
| 2 | Ventas | 46.29 Bn | 46.60 Bn | 1.73 Bn | 99.74% |
| 3 | Healthpeak Properties | 14.22 Bn | 15.84 Bn | - | - |
| 4 | Omega Healthcare Investors | 13.87 Bn | 14.12 Bn | - | - |
| 5 | American Healthcare REIT | 10.65 Bn | 10.51 Bn | 149.41 Mn | 22.16% |
| 6 | CareTrust REIT | 9.21 Bn | 9.22 Bn | - | - |
| 7 | Healthcare Realty Trust | 6.55 Bn | 6.61 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.31 Bn | 5.31 Bn | - | - |
| 9 | Diversified Healthcare Trust | 4.63 Bn | 4.51 Bn | 298.67 Mn | 81.74% |
| 10 | National Health Investors | 3.43 Bn | 3.44 Bn | - | - |
Historic Data
Download Data
Historic 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 | 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% |