CTRE

CareTrust REIT is a self-administered healthcare REIT owning skilled-nursing facilities, senior-housing communities and related properties — 407 properties with 37,628 operational beds/units across 32 U.S. states and the U.K. as of year-end 2025. FY2025 was a major growth year: net income surged 156.3% to $321M and diluted EPS rose 96.3% to $1.57, while total assets jumped 49.8% to $5.15B, driven by acquisitions including the $595.4M Care REIT plc (UK) deal and the establishment of a RIDEA senior-housing operating (SHOP) platform. Operating cash flow grew 61.3% to $394M, underpinning a 50.6%-larger dividend of $259M. (Note the $1.23M XBRL 'revenue' figure is a tagging artifact for a triple-net REIT whose income is overwhelmingly rental; the operating metrics and MD&A rent disclosures are the relevant reads.)

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