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
DateValue
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