LTC
$42.87+1.30%
LTC Properties Inc.Stock · Real EstateUS REITs · 0.1% of VNQRussell 2000 · 0.06% of IWMUS Stock Market · 0.003% of VTIRussell 3000 · 0.002% of IWV
LTC financial statements
The full income statement, balance sheet, and cash-flow statement for LTC Properties Inc. (LTC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 43.5M2024-09 45.3M2024-12 45.5M2025-03 45.9M2025-06 46.1M2025-09 47.6M2025-12 48.5M2026-03 51.2M2026-06 53.9M+23.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 263M+25.3% | 210M+6.4% | 197M+12.6% | 175M+12.8% | 155M-2.5% | ||
| Lease income | 116M-12.2% | 132M+3.9% | 127M-0.7% | 128M+5.9% | 121M-3.9% | |
| Selling, general & administrative | 31.1M+14.2% | 27.2M+12.2% | 24.3M+2.4% | 23.7M+10.5% | 21.5M+8.9% | |
| General & administrative | 31.1M+14.2% | 27.2M+12.2% | 24.3M+2.4% | 23.7M+10.5% | 21.5M+8.9% | |
| Provision for credit losses | 1.51M+104.3% | 741K-86.9% | 5.68M+2118.0% | 256K-66.2% | 758K-96.7% | |
| Operating income | 205M+2.7% | 199M+7.5% | 185M+87.2% | 99.1M+80.8% | 54.8M-42.7% | |
| Interest expense | — | — | 47.0M+49.5% | 31.4M+14.8% | 27.4M-7.8% | |
| Equity-method income | — | — | — | — | 1.42M+228.0% | |
| Pre-tax income | 39.5M-53.3% | 84.5M+60.4% | 52.7M | — | — | |
| Income tax | 179K | 0.00 | 0.00 | 0.00 | 0.00 | |
| 118M+29.6% | 91.0M+1.5% | 89.7M-10.3% | 100M+79.1% | 55.9M-41.4% | ||
| Net income to non-controlling interest | 5.91M+53.9% | 3.84M+122.3% | 1.73M+208.4% | 560K+54.3% | 363K-5.5% | |
| Net income to common | 117M+29.8% | 90.4M+1.4% | 89.1M-10.4% | 99.4M+79.5% | 55.4M-41.6% | |
| $2.52+23.5% | $2.04-5.6% | $2.16-12.9% | $2.48+75.9% | $1.41-41.7% | ||
| EPS (basic) | $2.54+22.7% | $2.07-4.2% | $2.16-13.3% | $2.49+76.6% | $1.41-41.7% | |
| Weighted-avg shares (basic) | 46.2M+5.7% | 43.7M+6.0% | 41.3M+3.5% | 39.9M+1.9% | 39.2M-0.1% | |
| Weighted-avg shares (diluted) | 46.6M+5.2% | 44.2M+7.0% | 41.4M+3.2% | 40.1M+2.3% | 39.2M-0.3% | |
| Dividends per share | $2.28+0.0% | $2.28+0.0% | $2.28+0.0% | $2.28+0.0% | $2.28+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 14.4M+52.8% | 9.41M-53.6% | 20.3M+95.5% | 10.4M+101.1% | 5.16M-33.6% | |
| 2.06B+15.4% | 1.79B-3.7% | 1.86B+12.0% | 1.66B+10.1% | 1.50B+3.1% | ||
| Operating lease right-of-use | 2.58M-5.9% | 2.74M | — | — | — | |
| Intangible assets | 6.52M-9.6% | 7.21M-45.1% | 13.1M | — | — | |
| 900M+22.7% | 733M-21.9% | 939M+16.5% | 806M+6.1% | 760M+11.1% | ||
| Long-term debt | 842M+23.0% | 685M-23.2% | 891M+16.1% | 768M+6.2% | 723M+11.3% | |
| Operating lease liability (total) | 2.58M-5.9% | 2.74M | — | — | — | |
| 1.07B+11.9% | 961M+9.0% | 881M+6.4% | 828M+12.4% | 737M-4.0% | ||
| Common stock | 485K+6.6% | 455K+5.8% | 430K+4.4% | 412K+4.6% | 394K+0.5% | |
| Additional paid-in capital | 1.19B+9.9% | 1.08B+9.2% | 992M+6.5% | 931M+8.7% | 857M+0.5% | |
| Accumulated other comprehensive income | 482K-87.4% | 3.81M-37.6% | 6.11M-29.9% | 8.72M+5169.2% | -172K | |
| Non-controlling interest | 87.4M-5.4% | 92.4M+164.0% | 35.0M+59.5% | 21.9M+160.8% | 8.41M+0.1% | |
| Total equity incl. non-controlling | 1.16B+10.4% | 1.05B+14.9% | 916M+7.8% | 850M+14.1% | 745M-4.0% | |
| Total liabilities & equity | 2.06B+15.4% | 1.79B-3.7% | 1.86B+12.0% | 1.66B+10.1% | 1.50B+3.1% | |
| Common shares issued | 48.5M+6.5% | 45.5M+5.8% | 43.0M+4.3% | 41.3M+4.8% | 39.4M+0.3% | |
| Common shares outstanding | 48.5M+6.5% | 45.5M+5.8% | 43.0M+4.3% | 41.3M+4.8% | 39.4M+0.3% | |
| Shares outstanding (cover) | 48.5M+6.7% | 45.5M+5.4% | 43.1M+4.2% | 41.4M+4.7% | 39.5M+0.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 136M+8.0% | 126M+20.5% | 104M-1.0% | 106M+15.8% | 91.2M-21.5% | ||
| Depreciation & amortization | 37.9M+4.1% | 36.4M-2.8% | 37.4M-0.2% | 37.5M-2.1% | 38.3M-2.0% | |
| Share-based compensation | 9.33M+3.1% | 9.05M+6.7% | 8.48M+6.5% | 7.96M+2.6% | 7.76M+10.7% | |
| -270M-397.7% | 90.7M+151.8% | -175M-45.8% | -120M-71.9% | -69.8M-258.9% | ||
| Capital expenditure | 7.27M-46.8% | 13.7M+41.2% | 9.69M+7.7% | 8.99M+42.8% | 6.30M-8.9% | |
| Free cash flow | 129M+14.7% | 112M+18.3% | 94.8M-1.8% | 96.6M+13.8% | 84.9M-22.3% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 139M+161.1% | -227M-383.1% | 80.3M+310.2% | 19.6M+181.6% | -24.0M+84.7% | ||
| Long-term debt issued | 687M+2423.9% | 27.2M-90.2% | 277M+3.1% | 269M-11.6% | 304M+1168.3% | |
| Long-term debt repaid | 527M+125.2% | 234M+51.8% | 154M-30.8% | 223M-3.3% | 231M+238.3% | |
| Common stock issued | 101M+21.0% | 83.1M+54.5% | 53.8M-20.5% | 67.6M | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Dividends paid | 107M+6.8% | 101M+6.1% | 94.8M+3.6% | 91.5M+1.1% | 90.5M+0.3% | |
| Other financing activities | -11.0K+63.3% | -30.0K | — | -6.00K+91.4% | -70.0K-1066.7% | |
| Net change in cash | 4.97M+145.7% | -10.9M-209.7% | 9.91M+89.9% | 5.22M+299.8% | -2.61M-174.0% | |
| Interest paid | 33.0M-17.7% | 40.0M-15.1% | 47.2M+63.8% | 28.8M+7.8% | 26.7M-9.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.67B+6.2% | 1.57B+18.1% | 1.33B-7.6% | 1.44B+6.7% | 1.35B-11.7% | |
| P/E | 14.1×-18.0% | 17.2×+3.0% | 16.7×+10.4% | 15.2×-37.2% | 24.1×+50.6% | |
| P/S | 6.3×-15.2% | 7.5×+9.6% | 6.8×-20.9% | 8.6×-0.6% | 8.7×-9.4% | |
| P/B | 1.6×-5.1% | 1.6×+1.4% | 1.6×-10.1% | 1.8×-2.1% | 1.8×-8.0% | |
| P/FCF | 13.0×-7.4% | 14.0×+7.6% | 13.0×-20.1% | 16.3×+2.5% | 15.9×+13.6% | |
| Earnings yield | 7.1%+22.0% | 5.8%-2.9% | 6.0%-9.4% | 6.6%+59.2% | 4.1%-33.6% | |
| FCF yield | 7.7%+8.0% | 7.1%-7.1% | 7.7%+25.2% | 6.1%-2.5% | 6.3%-12.0% | |
| Dividend yield | 6.6%+0.5% | 6.6%-7.0% | 7.1%+10.6% | 6.4%-3.9% | 6.7%+14.0% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: LTC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LTC filings on SEC EDGAR → Not investment advice.