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| 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% |