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
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 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%