{ "ok": true, "cik": "1590717", "ticker": "CTRE", "name": "CareTrust REIT, Inc.", "filings": [ { "form": "8-K", "filed": "2026-08-06", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1590717/000162828026054348/0001628280-26-054348-index.htm" }, { "form": "10-Q", "filed": "2026-08-06", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1590717/000162828026054284/0001628280-26-054284-index.htm" }, { "form": "8-K", "filed": "2026-05-21", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1590717/000114036126022438/0001140361-26-022438-index.htm" }, { "form": "8-K", "filed": "2026-05-20", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1590717/000114036126022236/0001140361-26-022236-index.htm" }, { "form": "8-K", "filed": "2026-05-07", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1590717/000162828026032150/0001628280-26-032150-index.htm" }, { "form": "10-Q", "filed": "2026-05-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1590717/000162828026032118/0001628280-26-032118-index.htm" } ], "events12m": 11, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 1, "latest": { "filed": "2025-10-27", "url": "https://www.sec.gov/Archives/edgar/data/1590717/000162828025046319/0001628280-25-046319-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001590717.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1590717" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up CareTrust REIT, Inc. ($CTRE). Last filing: 8-K (2.02 Results of Operations and Financial Condition), 2026-08-06. 11 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 476393000, "revenueGrowth1y": 0.6078822489081495, "revenueGrowthPerYear": 0.25449152227444194, "yearsOfData": 5, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 0.6728436396000781, "operatingCashFlow": 394029000, "capitalSpending": null, "freeCashFlow": null, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 198042000, "longTermDebt": 894220000, "longTermDebtChange": 1.2528575783456404, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 192351000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 196132000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 217770000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 296286000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 476393000 } ], "totalEquity": 4035280000, "totalAssets": 5148436000, "equityRatio": 0.7837875424692081, "returnOnEquity": 0.07943389306318273, "dividendsPaid": 259347000, "payoutRatio": 0.809099077176497, "dividendPerShare": 1.34, "dividendYearsRising": 11, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 1.57, "sharesOutstanding": 204091000, "bookValuePerShare": 19.771964466830973, "revenuePerShare": 2.334218559368125, "range80": { "low": 529774048.985967, "high": 900751571.5952083, "baseline": 703181862.5137312, "n": 4309, "band": "b01", "bandLabel": "$100M–1B", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.20497559961342982, "classVolatility": 0.1022985825903761, "volatility": 0.16198764835147939 }, "ifPaceHeld": { "low": 529774048.985967, "high": 900751571.5952083 } }, "edgarette": "🔖 Exposure: revenue $476.4M (FY2025), total debt $894.2M. Experience: revenue up 60.8% on the year, up 25.4% a year over 4 years. Soundness: equity 78.4% of assets, return on equity 7.9%, payout 80.9% of profit, dividend per share up 11 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $529.8M and $900.8M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $463.2M to $1.0B. A statistical range, not company guidance. Against peers (79 filers, $50M+ revenue, real estate investment trusts): growth 60.8% against 3.7%.", "peers": { "sic": 6798, "sicDescription": "Real Estate Investment Trusts", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6798", "growth": [ 0.0366, 157 ], "opMargin": [ 0.2474, 79 ], "equityRatio": [ 0.3883, 154 ], "returnOnEquity": [ 0.0254, 128 ], "payoutRatio": [ 1.5128, 81 ] }, "summary": "CareTrust REIT (CTRE) grew revenue 60.8% in FY2025 to $476 million, equity 78.4% of assets, and dividend per share up 11 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
CareTrust REIT, Inc. against its own record and its peers
Revenue, on the yearPeer median 3.7%60.8%Equity of assetsPeer median 38.8%78.4%Return on equityPeer median 2.5%7.9%Payout of profitPeer median 151.3%80.9%Gold tick: the median of 81–154 peers with $50M+ revenue in real estate investment trusts
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit80.9% paid out19.1% keptHanded back per share$1.34up 11 years runningGrowth its own profit can fund1.5%retained x return on equityRevenue growth it managed60.8%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 10, "hits": 7, "rate": 0.7, "method": "v4", "byYear": { "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 0, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 0, 1 ], "2025": [ 0, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T15:56:16.072Z", "hash": "9a0eb04a7491d9c8", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "CareTrust REIT (CTRE) grew revenue 60.8% in FY2025 to $476 million, equity 78.4% of assets, and dividend per share up 11 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 476393000, "totalDebt": 894220000, "cash": 198042000 }, "experience": { "revenueGrowth1y": 0.6078822489081495, "revenueGrowthPerYear": 0.25449152227444194, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 0.6728436396000781, "freeCashFlow": null }, "soundness": { "equityRatio": 0.7837875424692081, "returnOnEquity": 0.07943389306318273, "payoutRatio": 0.809099077176497, "dividendPerShare": 1.34, "dividendYearsRising": 11, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6798, "sicDescription": "Real Estate Investment Trusts", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6798", "growth": [ 0.0366, 157 ], "opMargin": [ 0.2474, 79 ], "equityRatio": [ 0.3883, 154 ], "returnOnEquity": [ 0.0254, 128 ], "payoutRatio": [ 1.5128, 81 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 1, "latest": { "filed": "2025-10-27", "url": "https://www.sec.gov/Archives/edgar/data/1590717/000162828025046319/0001628280-25-046319-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 529774048.985967, "high": 900751571.5952083, "baseline": 703181862.5137312, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4309, "sizeBand": "$100M–1B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.20497559961342982, "classVolatility": 0.1022985825903761, "pricedVolatility": 0.16198764835147939, "k": 3 }, "stress": { "low": 463206011.23691446, "high": 1035770844.6642085, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 10, "hits": 7, "rate": 0.7, "method": "v4", "byYear": { "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 0, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 0, 1 ], "2025": [ 0, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T15:56:16.072Z", "hash": "9a0eb04a7491d9c8", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001590717.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1590717" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.8271, "growth3y": 0.3442, "volatility": 0.205, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.7838, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "later", "inside": "Turns 82.7% of revenue into operating cash; revenue growing 34.4% a year over three years; pays and raised its dividend.", "outside": "Among $100M-1B companies: 98th percentile for cash, 88th for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$100M-1B", "cashPctInClass": 98, "growthPctInClass": 88, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "range", "text": "revenue is hard to predict: its 80% range is ±26%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 394029000, "investing": -1461343000, "financing": 1051019000, "capitalSpending": null, "free": null, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 156871000, "free": null }, { "fiscalYearEnd": "2022-12-31", "operating": 144415000, "free": null }, { "fiscalYearEnd": "2023-12-31", "operating": 154767000, "free": null }, { "fiscalYearEnd": "2024-12-31", "operating": 244251000, "free": null }, { "fiscalYearEnd": "2025-12-31", "operating": 394029000, "free": null } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 198042000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 5148436000, "ladder": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.8271, "growth3y": 0.3442, "volatility": 0.205, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.7838, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "later", "inside": "Turns 82.7% of revenue into operating cash; revenue growing 34.4% a year over three years; pays and raised its dividend.", "outside": "Among $100M-1B companies: 98th percentile for cash, 88th for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$100M-1B", "cashPctInClass": 98, "growthPctInClass": 88, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "range", "text": "revenue is hard to predict: its 80% range is ±26%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 394029000, "investing": -1461343000, "financing": 1051019000, "capitalSpending": null, "free": null, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 156871000, "free": null }, { "fiscalYearEnd": "2022-12-31", "operating": 144415000, "free": null }, { "fiscalYearEnd": "2023-12-31", "operating": 154767000, "free": null }, { "fiscalYearEnd": "2024-12-31", "operating": 244251000, "free": null }, { "fiscalYearEnd": "2025-12-31", "operating": 394029000, "free": null } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 198042000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 5148436000, "ladder": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }