CareTrust Historical Income Statement
| CTRE Stock | USD 28.54 0.29 1.01% |
Historical analysis of CareTrust REIT income statement accounts such as Interest Expense of 26.9 M, Selling General Administrative of 14.6 M or Total Revenue of 141.6 M can show how well CareTrust REIT performed in making a profits. Evaluating CareTrust REIT income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CareTrust REIT's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CareTrust REIT latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CareTrust REIT is a good buy for the upcoming year.
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About CareTrust Income Statement Analysis
CareTrust REIT Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CareTrust REIT shareholders. The income statement also shows CareTrust investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
CareTrust REIT Income Statement Chart
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Total Revenue
Total revenue comprises all receipts CareTrust REIT generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of CareTrust REIT minus its cost of goods sold. It is profit before CareTrust REIT operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CareTrust REIT. It is also known as CareTrust REIT overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from CareTrust REIT's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CareTrust REIT current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareTrust REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.At present, CareTrust REIT's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 43.3 M, whereas Selling General Administrative is forecasted to decline to about 14.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 23.7M | 30.0M | 40.9M | 26.9M | Depreciation And Amortization | 85.8M | 83.7M | 51.2M | 53.0M |
CareTrust REIT income statement Correlations
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CareTrust REIT Account Relationship Matchups
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CareTrust REIT income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 51.9M | 97.4M | 85.8M | 83.7M | 51.2M | 53.0M | |
| Interest Expense | 28.1M | 23.7M | 23.7M | 30.0M | 40.9M | 26.9M | |
| Selling General Administrative | 15.2M | 16.3M | 26.9M | 20.2M | 21.8M | 14.6M | |
| Total Revenue | 159.1M | 175.7M | 190.2M | 187.5M | 217.8M | 141.6M | |
| Gross Profit | 153.1M | 171.0M | 186.6M | 178.1M | 208.2M | 132.4M | |
| Other Operating Expenses | 74.0M | 73.8M | 85.8M | 83.7M | 31.4M | 29.8M | |
| Operating Income | 89.4M | 104.6M | 106.6M | 112.4M | 186.4M | 195.7M | |
| Ebit | 89.4M | 60.0M | 76.2M | 79.1M | 94.6M | 61.7M | |
| Ebitda | 141.3M | 157.4M | 162.0M | 162.8M | 145.8M | 114.8M | |
| Cost Of Revenue | 5.9M | 4.7M | 3.6M | 9.4M | 9.6M | 6.7M | |
| Total Operating Expenses | 68.1M | 69.1M | 82.2M | 74.3M | 21.8M | 20.7M | |
| Income Before Tax | 46.4M | 80.9M | 72.0M | (7.5M) | 53.7M | 33.0M | |
| Total Other Income Expense Net | (43.0M) | (37K) | (34.6M) | (119.9M) | (132.7M) | (126.0M) | |
| Net Income Applicable To Common Shares | 46.4M | 80.9M | 72.0M | (7.5M) | (8.6M) | (8.2M) | |
| Net Income | 18.2M | 57.2M | 48.3M | 42.9M | 53.7M | 30.7M | |
| Income Tax Expense | 28.1M | 23.7M | 23.7M | (50.4M) | 41.2M | 43.3M | |
| Net Income From Continuing Ops | 284.0M | 80.9M | 72.0M | (7.5M) | 53.7M | 82.3M | |
| Interest Income | 4.3M | 2.6M | 2.2M | 8.6M | 19.2M | 20.1M | |
| Net Interest Income | (23.8M) | (21.0M) | (21.5M) | (21.4M) | (21.7M) | (22.8M) | |
| Non Operating Income Net Other | 1.8M | (37K) | (10.9M) | (10.9M) | (9.8M) | (9.3M) | |
| Reconciled Depreciation | 51.9M | 52.8M | 55.4M | 50.4M | 50.9M | 54.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CareTrust REIT is a strong investment it is important to analyze CareTrust REIT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CareTrust REIT's future performance. For an informed investment choice regarding CareTrust Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareTrust REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CareTrust REIT. If investors know CareTrust will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CareTrust REIT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.614 | Dividend Share 1.15 | Earnings Share 0.73 | Revenue Per Share 1.926 | Quarterly Revenue Growth 0.385 |
The market value of CareTrust REIT is measured differently than its book value, which is the value of CareTrust that is recorded on the company's balance sheet. Investors also form their own opinion of CareTrust REIT's value that differs from its market value or its book value, called intrinsic value, which is CareTrust REIT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CareTrust REIT's market value can be influenced by many factors that don't directly affect CareTrust REIT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CareTrust REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareTrust REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareTrust REIT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.