How LTC Properties makes money

Period

FY2025

How does LTC Properties make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

LTC Properties Inc. · FY2025 · year ended 2025-12-31

Revenue$263MGross profit$263M · 100%Cost of revenue$0 · 0%Operating income$205M · 78%Operating expenses$58M · 22%SG&A$31M · 12%Other opex$27M · 10%Pre-tax income$118M · 45%Other expense$87M · 33%Net income$118M · 45%Income tax$0 · 0%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.