Net-lease and mortgage REIT financing seniors housing and skilled nursing facilities across the US.
Net-lease and mortgage REIT financing seniors housing and skilled nursing facilities across the US.
Earns rent under long-term leases in which operators typically pay property costs, with a smaller layer of mortgage-loan interest. More recent seniors-housing investments sit in operating partnerships, where it shares in the property's results instead of collecting fixed rent. A few care operators account for a large share of rent, so operator health matters.
Moat: narrow (switching costs, scale). Long-term leases with operators tied to licensed facilities create sticky, hard-to-replace income.
Headquarters: Westlake Village, California, US · Founded: 1992 · Employees: 25
Size LTC Properties (LTC) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $2.52B, the 1653rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $44.77 on 6 Nov 2026.
Performance Over six months the shares gained 14.4%, against -5.4% for the median peer and -1.1% for the United States market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 68.9% over the last twelve months (peer median +5.5%); the operating margin is 30.9% (peer median 39.5%).
Valuation It trades at 22.6× forward earnings against a peer median of 21.5× (10th most expensive of 20).
Short interest Short interest is 6.0% of the free float (15 Oct 2026).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $394M | $265M | $211M | $198M | $176M |
| Revenue growth | — | +26% | +7% | +12% | — |
| Gross profit | $152M | $162M | $161M | $147M | $122M |
| EBITDA | $133M | $113M | $169M | $154M | $134M |
| Net income | $501M | $117M | $90.4M | $89.1M | $99.4M |
| Free cash flow | $129M | $122M | $112M | $94.6M | $95.4M |
| Capital expenditure | $11.8M | $7.27M | $13.7M | $9.69M | $8.99M |
| Total debt | $987M | $845M | $687M | $891M | $768M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| LTC Properties LTC | $2.52B | +14% | +69% | 31% | 22.6× | n/a |
| Omega Healthcare Investors OHI | $14.6B | +2% | +14% | 61% | 24.3× | n/a |
| National Health Investors NHI | $3.50B | -5% | +24% | 45% | 20.6× | n/a |
| Sabra Health Care REIT SBRA | $5.51B | +1% | +21% | 18% | 29.4× | n/a |
| CareTrust REIT CTRE | $9.03B | -8% | +53% | 65% | 24.2× | n/a |
| Ventas VTR | $47.9B | +2% | +22% | 15% | 106.4× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LTC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +6.5% | +7.2% | 10th lowest of 21 |
| 6-month return | +14.4% | -5.4% | 6th highest of 21 |
| Distance from 52-week high | -4.6% | -12.9% | 3rd highest of 21 |
| Revenue growth (TTM) | +68.9% | +5.5% | 3rd highest of 21 |
| Operating margin | 30.9% | 39.5% | 8th lowest of 21 |
| Forward P/E | 22.6× | 21.5× | 10th most expensive of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| LTC Properties LTC | United States | $2.52B | +14% | +69% | 31% | 22.6× | n/a | n/a |
| Big Yellow BYG.L | United Kingdom | $2.50B | +11% | +2% | 62% | 16.5× | n/a | n/a |
| CapitaLand Ascott Trust HMN.SI | Singapore | $2.55B | -6% | +5% | 34% | 18.9× | n/a | n/a |
| Four Corners Property Trust FCPT | United States | $2.57B | -7% | +10% | 56% | 21.4× | n/a | n/a |
| InvenTrust Properties IVT | United States | $2.46B | +1% | +13% | 16% | 393.9× | n/a | n/a |
| Urban Edge Properties UE | United States | $2.58B | -6% | +6% | 31% | 41.4× | n/a | n/a |
| Dream Industrial Real Estate Investment Trust DIR-UN.TO | Canada | $2.58B | -8% | +6% | 70% | 15.0× | n/a | n/a |
| Advance Residence Investment 3269.T | Japan | $2.42B | -18% | -4% | 45% | 22.7× | n/a | n/a |
| Japan Prime Realty Investment 8955.T | Japan | $2.37B | -7% | -13% | 39% | 21.2× | n/a | n/a |
| NETSTREIT NTST | United States | $2.37B | -9% | +27% | 37% | 44.6× | n/a | n/a |
| Pebblebrook Hotel Trust PEB | United States | $2.36B | +43% | +3% | 9% | n/a | n/a | n/a |
| Sunstone Hotel Investors SHO | United States | $2.33B | +19% | +7% | 10% | 59.0× | n/a | n/a |
| Acadia Realty Trust AKR | United States | $2.74B | -9% | 0% | 19% | 65.9× | n/a | n/a |
| SmartStop Self Storage REIT SMA | United States | $2.31B | +20% | +21% | 22% | 56.3× | n/a | n/a |
| Frasers Logistics & Commercial Trust BUOU.SI | Singapore | $2.76B | -6% | 0% | 64% | 18.1× | n/a | n/a |
| Dynex Capital DX | United States | $2.77B | -20% | +142% | 65% | 6.6× | n/a | n/a |
| Hammerson HMSO.L | United Kingdom | $2.80B | +13% | +92% | 49% | 15.2× | n/a | n/a |
| Crombie Real Estate Investment Trust CRR-UN.TO | Canada | $2.22B | -3% | +4% | 42% | 26.3× | n/a | n/a |
| Boardwalk Real Estate Investment Trust BEI-UN.TO | Canada | $2.21B | -5% | +3% | 62% | 63.1× | n/a | n/a |
| Derwent London DLN.L | United Kingdom | $2.87B | +15% | +45% | 40% | 20.0× | n/a | n/a |
| DiamondRock Hospitality DRH | United States | $2.88B | +30% | +2% | 17% | 21.5× | n/a | n/a |