CareTrust REIT (CTRE) Operating Expenses (2013 - 2026)
CareTrust REIT's (CTRE) quarterly Operating Expenses came in at $3.1 million in Q1 2026, down 91.51% year-on-year from $36.6 million in Q1 2025, and down 94.96% quarter-over-quarter from $61.6 million in Q4 2025.
CareTrust REIT (CTRE) Operating Expenses (2013 - 2026) Analysis & Trends
CareTrust REIT's Operating Expenses history runs 14 years deep, the most recent figure standing at $3.1 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 91.51% year-over-year to $3.1 million in Q1 2026; TTM through Mar 2026 was $173.0 million, a 5922.7% increase from a year earlier, with the FY2025 full-year figure at $206.5 million, changed N/A from the prior year.
- Operating Expenses slipped to $3.1 million in Q1 2026 per CTRE's latest filing, from $61.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $89.9 million in Q1 2022 and bottomed at -$133.3 million in Q4 2024.
- The 5-year median for Operating Expenses is $41.9 million (2023), against an average of $23.7 million.
- Across the five-year window, Operating Expenses surged 258.66% in 2022 and sank 473.76% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $33.4 million in 2022, then sank by 473.76% to -$124.7 million in 2023, then retreated by 6.89% to -$133.3 million in 2024, then surged by 146.21% to $61.6 million in 2025, then plunged by 94.96% to $3.1 million in 2026.
- Per Business Quant, the three latest CTRE Operating Expenses figures stand at $3.1 million (Q1 2026), $61.6 million (Q4 2025), and $58.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 172.91 Bn | 168.34 Bn | 1.30 Bn | 3.01 Bn |
| 2 | Ventas | 46.62 Bn | 46.50 Bn | 1.65 Bn | 1.62 Bn |
| 3 | Healthpeak Properties | 15.34 Bn | 16.55 Bn | - | 323.86 Mn |
| 4 | Omega Healthcare Investors | 15.14 Bn | 15.41 Bn | - | 167.14 Mn |
| 5 | American Healthcare REIT | 10.71 Bn | 10.59 Bn | 97.60 Mn | 611.91 Mn |
| 6 | CareTrust REIT | 9.45 Bn | 9.46 Bn | - | 3.11 Mn |
| 7 | Healthcare Realty Trust | 7.33 Bn | 7.33 Bn | - | 247.32 Mn |
| 8 | Sabra Health Care REIT | 5.09 Bn | 5.09 Bn | - | 3.77 Mn |
| 9 | Diversified Healthcare Trust | 4.51 Bn | 4.39 Bn | 295.29 Mn | 371.20 Mn |
| 10 | National Health Investors | 3.86 Bn | 3.87 Bn | - | 78.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.11 Mn |
| Dec 31, 2025 | 61.60 Mn |
| Sep 30, 2025 | 58.35 Mn |
| Jun 30, 2025 | 49.92 Mn |
| Mar 31, 2025 | 36.59 Mn |
| Dec 31, 2024 | -133.30 Mn |
| Sep 30, 2024 | 42.96 Mn |
| Jun 30, 2024 | 56.62 Mn |
| Mar 31, 2024 | 33.72 Mn |
| Dec 31, 2023 | -124.71 Mn |
| Sep 30, 2023 | 41.94 Mn |
| Jun 30, 2023 | 51.91 Mn |
| Mar 31, 2023 | 30.86 Mn |
| Dec 31, 2022 | 33.37 Mn |
| Sep 30, 2022 | 42.59 Mn |
| Jun 30, 2022 | 26.88 Mn |
| Mar 31, 2022 | 89.93 Mn |
| Dec 31, 2021 | 31.59 Mn |
| Sep 30, 2021 | 25.86 Mn |
| Jun 30, 2021 | 26.94 Mn |