CareTrust REIT (CTRE) Gross Margin (2014 - 2021)
CareTrust REIT (CTRE) posted quarterly Gross Margin of 100.0% for Q4 2021, up 47.0% year-over-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.
- 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 406.0% YoY), while the FY2021 annual figure was 100.0%, up 105.0% from the prior year.
- Gross Margin for Q4 2021 stood at 100.0%, 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 10.41% in Q3 2020.
- The 5-year median for Gross Margin is 98.11% (2018), against an average of 85.54%.
- The sharpest annual moves came in 2020 and 2021: Gross Margin tumbled 8722 bps in 2020, then surged 8959 bps in 2021.
- CareTrust REIT's Gross Margin stood at 98.01% in 2017, then gained by 0 bps to 98.17% in 2018, then rose by 0 bps to 98.49% in 2019, then rose by 1 bps to 99.53% in 2020, then grew by 0 bps to 100.0% in 2021.
- Business Quant data shows CTRE's Gross Margin at 100.0% in Q4 2021, 100.0% in Q3 2021, and 100.0% in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 168.28 Bn | 166.31 Bn | 1.39 Bn | 39.34% |
| 2 | Ventas | 45.36 Bn | 45.17 Bn | 1.73 Bn | 99.74% |
| 3 | Healthpeak Properties | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Omega Healthcare Investors | 13.98 Bn | 13.98 Bn | - | - |
| 5 | American Healthcare REIT | 10.76 Bn | 10.56 Bn | 149.41 Mn | 22.16% |
| 6 | CareTrust REIT | 9.30 Bn | 9.30 Bn | - | - |
| 7 | Healthcare Realty Trust | 6.66 Bn | 6.66 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.18 Bn | 5.18 Bn | - | - |
| 9 | Diversified Healthcare Trust | 4.52 Bn | 4.40 Bn | 298.67 Mn | 81.74% |
| 10 | National Health Investors | 3.58 Bn | 3.58 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% |