← CareTrust REIT, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $29.4m | $25.9m | $57.9m | $46.4m | $80.9m | $72.0m | ($7.5m) | $53.7m | $125.1m | $320.5m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $29.4m | $25.9m | $57.9m | $46.4m | $80.9m | $71.5m | ($7.9m) | $53.3m | $124.6m | $319.8m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $53.7m | $124.4m | $320.3m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | ($13k) | ($681k) | ($252k) | |
| Depreciation, Depletion and Amortization | $32.0m | $39.2m | $45.8m | $51.9m | $52.8m | $55.4m | $50.3m | $51.2m | $56.8m | $92.9m | |
| Amortization of Debt Issuance Costs | $2.2m | $2.1m | $1.9m | — | — | — | — | — | — | — | |
| Amortization of Debt Issuance Costs and Discounts | $2.2m | $2.1m | $1.9m | $2.0m | $1.9m | $2.1m | $2.1m | $2.4m | $2.8m | $4.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $515k | $866k | $1.3m | $2.5m | $2.0m | $1.3m | $4.5m | $1.5m | $2.5m | $3.3m | |
| Share-based Payment Arrangement, Expense | $1.5m | $2.4m | $3.8m | $4.1m | $3.8m | $10.8m | $5.8m | $5.2m | $6.1m | $11.9m | |
| Gain (Loss) on Extinguishment of Debt | $0 | ($11.9m) | $0 | $0 | $0 | ($10.8m) | $0 | $0 | ($657k) | ($390k) | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | $3.5m | $0 | $0 | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | $5.0m | |
| Operating Lease, Lease Income | — | — | — | $155.7m | $173.6m | $190.2m | $187.5m | $198.6m | $228.3m | $368.2m | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | — | $4.3m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $3.4m | $9.4m | $3.8m | $6.3m | ($825k) | $562k | ($604k) | $9k | $808k | $187k | |
| Payments of Financing Costs | $1.4m | $6.1m | $0 | $4.5m | $0 | $14.1m | $5.4m | $68k | $9.2m | $4.6m | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | — | — | — | — | — | — | $4.0m | |
| Gain (Loss) on Termination of Lease | — | — | — | — | $1.2m | $63k | $0 | $0 | — | — | |
| General and Administrative Expense | $9.3m | $11.1m | $12.6m | $15.2m | $16.3m | $26.9m | $20.2m | $21.8m | $28.9m | $52.5m | |
| Operating Costs and Expenses | — | — | — | — | — | — | — | — | — | $952k | |
| Operating Expenses | $75.1m | $110.6m | $101.1m | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | $1.1m | $0 | $0 | $3.8m | $0 | $4.9m | $0 | |
| Real Estate Tax Expense | $7.8m | $10.3m | $11.9m | $3.0m | $2.8m | $3.6m | $4.3m | $6.2m | $7.8m | $8.8m | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $64.4m | $88.8m | $99.4m | $126.3m | $145.7m | $156.9m | $144.4m | $154.8m | $244.3m | $394.0m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $151k | $403k | $1.8m | $2.9m | $8.3m | $6.0m | $7.3m | $11.0m | $8.1m | $15.0m | |
| Gains (Losses) on Sales of Investment Real Estate | ($265k) | $0 | $2.1m | $1.8m | ($37k) | ($77k) | ($3.8m) | $2.2m | ($2.2m) | $31.5m | |
| Payments for (Proceeds from) Other Investing Activities | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($284.6m) | ($302.6m) | ($115.1m) | ($316.0m) | ($41.6m) | ($192.6m) | ($127.4m) | ($267.8m) | ($1.5b) | ($1.5b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Common Stock | $200.4m | $170.3m | $179.9m | $195.9m | $404k | $22.9m | $47.2m | $634.4m | $1.6b | $1.1b | |
| Payments of Ordinary Dividends, Common Stock | $37.3m | $52.6m | $63.0m | $80.6m | $93.2m | $100.8m | $106.1m | $115.5m | $172.2m | $259.3m | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | $2.0m | $19.8m | $8.7m | |
| Dividends Payable, Current | — | — | — | $21.5m | $23.9m | $25.8m | $27.4m | $36.5m | $54.4m | $74.8m | |
| Dividends Payable | $11.1m | $14.0m | $17.8m | $21.7m | $24.3m | $26.3m | $27.6m | $36.5m | $54.4m | $74.8m | |
| Proceeds from (Payments for) Other Financing Activities | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $216.2m | $213.2m | $45.6m | $173.2m | ($105.6m) | $36.7m | ($23.7m) | $394.3m | $1.2b | $1.1b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | — | — | $515k | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($4.0m) | ($591k) | $29.9m | ($16.5m) | ($1.4m) | $976k | ($6.7m) | $281.3m | ($80.6m) | ($15.8m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $20.3m | $18.9m | $19.9m | $13.2m | $294.4m | $213.8m | $198.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $21.2m | $29.6m | $25.9m | $26.0m | $21.7m | $22.8m | $25.9m | $40.0m | $27.9m | $39.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.