SBRA - NASDAQ
Sabra Health Care REIT, Inc.
$18.09
-1.2%As of March 31, 2022, Sabra's investment portfolio included 416 real estate properties held for investment. This consists of (i) 279 Skilled Nursing/Transitional Care facilities, (ii) 59 Senior Housing communities (Senior Housing - Leased), (iii) 50 Senior Housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing - Managed), (iv) 13 Behavioral Health facilities and (v) 15 Specialty Hospitals and Other facilities), one asset held for sale, one investment in a sales-type lease, 16 investments in loans receivable (consisting of (i) two mortgage loans, (ii) one construction loan and (iii) 13 other loans), seven preferred equity investments and one investment in an unconsolidated joint venture. As of March 31, 2022, Sabra's real estate properties held for investment included 41,445 beds/units, spread across the United States and Canada.
At a Glance
Live SnapshotSabra Health Care REIT, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
Sabra Health Care REIT, Inc. Income Statement
SBRA • NASDAQ
| Sabra Health Care REIT, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||
774.6M | 703.2M | 647.5M | 624.8M | 569.5M | 598.6M | 668.2M | 623.4M | 405.6M | 260.5M | 238.9M | 183.5M | 134.8M | 103.2M | 84.2M | 8.8M | |
GROSS PROFIT | ||||||||||||||||
(271.1M) | (227.1M) | (195.2M) | (162.6M) | (141.2M) | (131.6M) | (109.7M) | (49.5M) | (17.9M) | (5.7M) | (2.6M) | (3.9M) | (0.0) | (0.0) | (0.0) | (0.0) | |
503.5M | 476.1M | 452.3M | 462.2M | 428.3M | 467M | 558.5M | 573.9M | 387.8M | 254.8M | 236.3M | 179.6M | 134.8M | 103.2M | 84.2M | 8.8M | |
OPERATING INCOME | ||||||||||||||||
(239.7M) | (219.1M) | (230.6M) | (227.4M) | (217.6M) | (467M) | (30.9M) | (266.9M) | (163.4M) | (93.9M) | (99.8M) | (72.7M) | (49.7M) | (46.4M) | (41.1M) | (8.5M) | |
(53.7M) | (50.1M) | (47.5M) | (39.6M) | (34.7M) | (32.8M) | (30.9M) | (36.5M) | (32.4M) | (19.9M) | (23.9M) | (29.3M) | (16.4M) | (16.1M) | (14.5M) | (1.6M) | |
263.9M | 257M | 221.7M | 234.8M | 210.7M | 0.0 | 527.6M | 307M | 224.4M | 160.9M | 136.5M | 110.8M | 85.1M | 56.8M | 43.2M | 200K | |
PRE-TAX INCOME | ||||||||||||||||
(112.5M) | (115.3M) | (113M) | (105.5M) | (98.6M) | (100.4M) | (126.6M) | (147.1M) | (88.4M) | (64.9M) | (59.2M) | (47M) | (40.5M) | (37M) | (30.3M) | (0.0) | |
-112.5M | -115.3M | -113M | -105.5M | -98.6M | -100.4M | -126.6M | -147.1M | -88.4M | -64.9M | -59.2M | -47M | -40.5M | -34.3M | -30.3M | 0.0 | |
(185.9M) | (169.1M) | (183.1M) | (187.8M) | (182.9M) | (434.3M) | (0.0) | (4.5M) | (3.2M) | (10.7M) | (2.3M) | (1.6M) | -800K | (2.2M) | (26.6M) | (6.9M) | |
-106.5M | -129.3M | -206M | -311.2M | -322.2M | 139.1M | -455.2M | -24.2M | -73.5M | -91.9M | -64.1M | -63.9M | -51.4M | -37.3M | -30.3M | 49K | |
157.3M | 127.7M | 15.8M | -76.4M | -111.4M | 139.1M | 72.4M | 282.1M | 159M | 70.2M | 79.4M | 46.9M | 33.7M | 19.5M | 12.8M | 200K | |
NET INCOME | ||||||||||||||||
(1.8M) | (1M) | (2M) | (1.2M) | (1.8M) | (710K) | (3.4M) | (3M) | (651K) | (75.5M) | (61.4M) | (0.0) | (0.0) | (39.2M) | (0.0) | (242K) | |
155.6M | 126.7M | 13.8M | -77.6M | -113.3M | 138.4M | 69M | 279.1M | 158.4M | 70.3M | 79.4M | 47M | 33.7M | 19.5M | 12.8M | 7.4M |
SEC Filings
SBRA - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 28, 2026 | May 28, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 29, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 24, 2026 | June 17, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 12, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 12, 2026 | 2026 | |
8-K 8-K 2025 N/A | January 05, 2026 | December 31, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 05, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 05, 2025 | November 05, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 05, 2025 | August 05, 2025 | 2025 |
Related Guides
Continue your SBRA research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.