CareTrust REIT (CTRE) Operating Expenses (2013 - 2026)
CareTrust REIT (CTRE) posted Operating Expenses of $72.38 million for Q2 2026, up 45.0% from $49.92 million a year earlier and up 18.5% from the prior quarter.
CareTrust REIT (CTRE) Operating Expenses (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at CareTrust REIT was $253.4 million, up 45.4% year-over-year; for FY2025, it was $206.46 million, up 15.9% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 16.2% (FY2020 to FY2025).
- In prior years, CareTrust REIT's Operating Expenses was $178.07 million in FY2024 (+11.4%), $159.78 million in FY2023 (-17.1%), $192.77 million in FY2022 (+76.1%) and $109.47 million in FY2021 (+12.4%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q1 2022.
- On a year-over-year basis, Operating Expenses has increased in each of the last four quarters, with growth averaging 26.5% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2022, with growth of 258.7%; the weakest was Q1 2023, with a decline of 65.7%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $61.07 million (Q1 2026), $61.6 million (Q4 2025) and $58.35 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 1.47 Bn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 900.79 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.19 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 766.20 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 566.18 Mn |
| 10 | CareTrust REIT | 8.64 Bn | 8.65 Bn | - | 72.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.38 Mn |
| Mar 31, 2026 | 61.07 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 | 44.77 Mn |
| Sep 30, 2024 | 42.96 Mn |
| Jun 30, 2024 | 56.62 Mn |
| Mar 31, 2024 | 33.72 Mn |
| Dec 31, 2023 | 35.07 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 |
CareTrust REIT Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CTRE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CTRE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CTRE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();