CareTrust REIT (CTRE) FY2021 results: revenue $192 million, up 7.9% on the year
CareTrust REIT, Inc. (CTRE) reported revenue of $192 million for fiscal 2021, the year ended 31 December 2021, up 7.9% on the year before. Net income was $72 million, down 11.0%, and diluted earnings per share $0.74. The figures are the company's own, from the 10-K it filed with the SEC on 16 February 2022.
Revenue
$192 million
+7.9% on the year
FY2014FY2021
Operating margin
43.1%
45.4% a year earlier
FY2014FY2021
Net income
$72 million
-11.0% on the year
FY2014FY2021
Diluted EPS
$0.74
-12.9% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
157
146
126
+7.6%
Capital expenditure
n/a
n/a
2.9
Free cash flow
n/a
n/a
123
Free cash flow margin
n/a
n/a
75.5%
Cash from investing
-193
-41.6
-316
Cash from financing
36.7
-106
173
Depreciation and amortisation
55.4
52.8
51.9
+4.9%
Share-based compensation
10.8
3.8
4.1
+185.8%
Dividends paid
101
93.2
80.6
+8.2%
Dividend per share
$1.06
$1.00
$0.90
+6.0%
Diluted shares, weighted
96m
95m
93m
+0.9%
Shares outstanding at period end
96m
95m
95m
+1.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
916
914
928
+0.2%
Redeemable equity
0.0
n/a
n/a
Debt
673
546
555
+23.4%
Other liabilities
51.7
43.8
36.6
+18.0%
Total liabilities and equity
1,641
1,504
1,519
+9.1%
Cash and equivalents
19.9
18.9
20.3
+5.2%
Other assets
1,621
1,485
1,499
+9.2%
Total assets
1,641
1,504
1,519
+9.1%
10-K for the year ended 31 December 2021, filed 16 February 2022: the filing.