LTC Financials Ltc Properties Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 42 d ago Overview →

Growth & profitability

Revenue has grown 10.5% per year over the past 5 years.
Net income has grown slower than revenue (5.4% vs 10.5% per year).
Operating margin has expanded, at 77.9% in the latest year.

Financial health

Total debt ($842M) exceeds cash ($14M); net debt is $828M.
Total debt has grown slower than revenue (5.3% vs 10.5% per year).
Total debt is 3.5× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 86.7% of earnings.
The dividend has grown 3.5% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$263M	$124M	0.0%	77.9%	11.5%	6.0%	—	$842M	$14M
2024	$210M	$95M	0.0%	95.0%	9.9%	5.3%	—	$685M	$9M
2023	$197M	$91M	0.0%	94.0%	10.4%	4.9%	—	$891M	$20M
2022	$175M	$101M	0.0%	56.6%	12.1%	6.1%	—	$768M	$10M
2021	$155M	$56M	0.0%	35.3%	7.6%	3.7%	—	$723M	$5M
2020	$159M	$95M	0.0%	60.0%	12.4%	6.5%	—	$649M	$8M
2019	$185M	$81M	0.0%	44.2%	10.4%	5.3%	—	$693M	$4M
2018	$169M	$155M	0.0%	90.3%	18.8%	10.2%	—	$645M	$3M
2017	$168M	$87M	0.0%	50.6%	11.6%	6.0%	—	$668M	$5M
2016	$162M	$85M	0.0%	52.0%	11.5%	6.1%	—	$609M	$8M
2015	$136M	$73M	0.0%	51.9%	11.1%	5.7%	—	$572M	$13M
2014	$119M	$73M	0.0%	57.5%	11.1%	7.6%	—	$281M	$25M
2013	$105M	$58M	0.0%	52.8%	9.1%	6.2%	—	$279M	$7M
2012	$92M	$51M	0.0%	54.4%	11.1%	6.5%	—	$304M	$7M
2011	$84M	$49M	0.0%	0.0%	10.6%	7.6%	—	$159M	$4M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$99M	$30M	0.0%	55.3%	2.3%	1.4%	—	$777M	$40M
Mar '26	$95M	$24M	0.0%	59.1%	2.1%	1.1%	—	$867M	$22M
Dec '25	$84M	$102M	0.0%	67.5%	9.5%	5.0%	—	$842M	$14M
Sep '25	$69M	-$20M	0.0%	71.9%	-2.1%	-1.0%	—	$945M	$18M
Jun '25	$60M	$15M	0.0%	80.5%	1.6%	0.8%	—	$696M	$8M
Mar '25	$49M	$21M	0.0%	101.1%	2.1%	1.2%	—	$682M	$23M
Dec '24	$53M	$18M	0.0%	95.4%	1.9%	1.0%	—	$685M	$9M
Sep '24	$56M	$29M	0.0%	95.5%	3.1%	1.6%	—	$785M	$35M
Jun '24	$50M	$19M	0.0%	38.0%	2.2%	1.0%	—	$861M	$6M
Mar '24	$51M	$24M	0.0%	47.3%	2.7%	1.3%	—	$860M	$9M
Dec '23	$50M	$28M	0.0%	56.4%	3.2%	1.5%	—	$891M	$20M
Sep '23	$49M	$22M	0.0%	45.1%	2.7%	1.2%	—	$956M	$11M
Jun '23	$48M	$6M	0.0%	12.9%	0.7%	0.3%	—	$953M	$7M
Mar '23	$50M	$33M	0.0%	67.0%	4.0%	1.8%	—	$901M	$6M
Dec '22	$48M	$18M	0.0%	37.3%	2.2%	1.1%	—	$768M	$10M
Sep '22	$44M	$13M	0.0%	29.9%	1.7%	0.8%	—	$794M	$6M
Jun '22	$43M	$54M	0.0%	125.8%	6.8%	3.4%	—	$735M	$6M
Mar '22	$41M	$14M	0.0%	34.6%	2.0%	0.9%	—	$763M	$4M
Dec '21	$39M	$13M	0.0%	31.8%	1.7%	0.9%	—	$723M	$5M
Sep '21	$37M	$11M	0.0%	28.7%	1.5%	0.8%	—	$662M	$45M

Valuation over time

How the market has priced LTC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 18.8× (Mar '23) to 18.2× (Sep '26).
The price-to-sales ratio has fallen from 10.8× (Mar '23) to 8.6× (Sep '26).
The dividend yield has fallen from 4.8% (Mar '23) to 4.8% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is LTC growing its revenue and profit?

Over the past 5 years, Ltc Properties Inc's revenue has grown 10.5% per year, and net income grown 5.4% per year. These are computed facts, not advice.

How much debt does LTC have?

As of FY2025, Ltc Properties Inc reported $842M of total debt against $14M of cash.

What is LTC's profit margin?

In FY2025, gross margin was —, operating margin 77.9%, and net margin 47.1%.

What is LTC's P/E ratio?

As of Sep '26, Ltc Properties Inc traded at a price-to-earnings ratio of about 18.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.