LTC - NYSE

LTC Properties, Inc.

LTC·NYSE

$34.82

-0.68%

Real EstateREIT - Healthcare Facilities

LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 181 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.78B

EPS2.5500

P/E Ratio13.65

Earnings Date08/03/2026

135.98M

Operating Cash Flow

3Y+29.0%

5Y+17.0%

10Y+29.0%

-269.94M

Investing Cash Flow

-398%

3Y+125.0%

5Y-714.0%

10Y+93.0%

138.94M

Financing Cash Flow

-161%

3Y+610.0%

5Y-189.0%

10Y+375.0%

LTC Properties, Inc. Cash Conversion Engine

LTC · NYSE

FCF Components

Net Income123.88M

Depreciation & Amortization37.87M

Stock-Based Compensation9.33M

Change in Working Capital-9.29M

Others-25.82M

Capital Expenditures0.00

Free Cash Flow135.98M

Cash Flow Quality Analysis

FCF Conversion Rate

109.8%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

FCF Growth Trend

+8.6%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$9.29M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

LTC Properties, Inc. Cash Flow Statement

LTC • NYSE

LTC Properties, Inc. Cash Flow 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	Dec 2009	Dec 2008	Dec 2007	Dec 2006
OPERATING ACTIVITIES
Net Income	123.9M	94.9M	91.5M	100.6M	55.9M	95.7M	80.9M	155.1M	87.3M	85.1M	73.1M	73.4M	57.8M	51.3M	49.4M	46.1M	44.4M	43M	47.8M	78.8M
Depreciation & Amortization	37.9M	36.4M	37.4M	37.5M	40M	39.1M	39.2M	37.6M	37.6M	35.9M	29.4M	25.5M	24.7M	22.2M	19.6M	16.1M	14.8M	15M	14.4M	13.9M
Change in Deferred Taxes	0.0	0.0	0.0	0.0	0.0	-39.4M	4.2M	-71.1M	-3.5M	-1.8M	1M	-4.9M	575K	-117K	451K	1.7M	-4.2M	-92K	0.0	0.0
Stock-Based Compensation	9.3M	9.1M	8.5M	8M	7.8M	7M	6.6M	5.9M	5.2M	4.3M	4M	3.3M	2.6M	1.8M	1.5M	1.3M	1.4M	1.2M	0.0	0.0
Other Non-Cash Items	-25.8M	-3.6M	-18.1M	-36.5M	-7.4M	22.7M	-1.5M	-8.1M	-6.6M	-9.6M	-7.1M	-1.3M	-3.2M	-1.5M	-2.1M	-2.6M	1.6M	-2.2M	-3.9M	-36.9M
Change in Working Capital	-9.3M	-11.5M	-14.9M	-4M	-5.1M	-8.9M	-6.8M	-3.7M	-14.8M	-8.2M	1.9M	-161K	3.7M	3M	1.9M	2.8M	2.4M	-460K	418K	701K
Cash from Operating Activities	136M	125.2M	104.4M	105.6M	91.2M	116.1M	122.5M	115.5M	105.3M	105.7M	102.3M	95.8M	86.2M	76.7M	70.8M	65.3M	60.3M	56.4M	58.6M	56.6M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	(0.0)	(0.0)	(0.0)	-9M	(0.0)	-354K	-608K	-1.2M	-908K	-1.4M	-827K	-1.5M	(0.0)	(0.0)	-103.9M	-100.4M	-17M	-5.4M	-11.7M	-19.7M
Acquisitions, Net	(0.0)	(0.0)	(0.0)	(50K)	(0.0)	(9.3M)	(6.1M)	-670K	-3.8M	-1.8M	-23M	(0.0)	(0.0)	(0.0)	(97.4M)	(4.9M)	(0.0)	(0.0)	(322K)	(54M)
Purchase of Investments	(0.0)	(0.0)	(0.0)	-191.6M	(0.0)	-45.1M	-100.7M	-97.8M	-121.5M	-157.4M	-324.8M	(0.0)	(0.0)	(0.0)	-232K	-1.7M	-221K	(0.0)	-52K	-1.5M
Sale/Maturity of Investments	0.0	0.0	0.0	80.6M	0.0	96.3M	25.2M	98.7M	33.3M	25.7M	6.3M	33.6M	11M	6.5M	6.7M	1.6M	671K	463K	1.1M	6.1M
Other Investing Items	-269.9M	90.7M	-174.9M	-50K	-69.8M	-16.2M	-9M	-1.7M	-87.3M	-136.7M	-303M	-61.1M	-175M	-165M	-97.4M	8.3M	7.5M	9.9M	36.9M	20.6M
Cash from Investing Activities	-269.9M	(90.7M)	-174.9M	-119.9M	-69.8M	(43.9M)	-79M	-3.6M	-92M	-139.9M	-326.8M	-29M	-164M	-158.5M	-97.4M	-87.4M	-9.1M	(5M)	(26.6M)	(59.6M)
FINANCING ACTIVITIES
Net Issuance of Common Stock	-5.2M	82.4M	53.8M	68.2M	-3.6M	-18M	-2M	1M	14.6M	78.6M	0.0	24.6M	176.3M	0.0	103.6M	67.8M	750K	0.0	-18.8M	-1.5M
Net Issuance of Debt	159M	-207.1M	123.1M	45.9M	73.8M	-44.2M	48.2M	-22.7M	58.2M	37.4M	291.3M	2.8M	-25.1M	144.7M	67.8M	66M	-11.3M	-15.5M	-1.5M	2M
Cash Paid for Dividends	-107.4M	-100.5M	-94.8M	-91.5M	-90.5M	-90.3M	-90.9M	-90.4M	-90.2M	-84.6M	-76.8M	-74.4M	-66.9M	-57.8M	-56.6M	-53.9M	-51.4M	-52.1M	-52M	-50.9M
Share Repurchases	-5.2M	(0.0)	(0.0)	(0.0)	-3.6M	-18M	-2M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-88.4M	-59.1M	-2M	(0.0)	-18.8M	-1.5M
Other Financing Items	92.5M	-1.5M	-1.7M	-3M	-3.8M	-4.1M	-1.3M	-342K	1.3M	-2.2M	-2.4M	-1.3M	-6.9M	-2.3M	-2.4M	-746K	430K	-1.2M	-182K	-39.4M
Cash from Financing Activities	138.9M	-226.7M	80.4M	19.6M	-24M	-156.5M	-44M	-112.4M	-16.1M	29.2M	212.2M	-48.3M	77.3M	84.6M	24.1M	20.1M	-63.5M	-82.9M	-72.4M	-89.8M
CASH FLOW SUMMARY
Net Change in Cash	5M	-10.9M	9.9M	5.2M	-2.6M	3.5M	-520K	-449K	-2.8M	-5M	-12.3M	18.5M	-413K	2.8M	-2.5M	-2M	-12.3M	-21.5M	12.7M	26.3M
Cash at Beginning of Period	9.4M	20.3M	10.4M	5.2M	7.8M	4.2M	4.8M	5.2M	8M	12.9M	25.2M	6.8M	7.2M	4.4M	6.9M	8.9M	21.1M	42.6M	29.9M	3.6M
Cash at End of Period	14.4M	9.4M	20.3M	10.4M	5.2M	7.8M	4.2M	4.8M	5.2M	8M	12.9M	25.2M	6.8M	7.2M	4.4M	6.9M	8.9M	21.1M	42.6M	29.9M
Free Cash Flow	136M	125.2M	104.4M	96.6M	91.2M	115.7M	121.9M	114.3M	104.4M	104.3M	101.5M	94.3M	86.2M	76.7M	-33M	-35.1M	43.4M	51M	46.9M	36.9M

SEC Filings

LTC - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 27, 2026	May 20, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 06, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 08, 2026	May 20, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 24, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 24, 2026	February 24, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 15, 2025	December 15, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 04, 2025	November 04, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 04, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 03, 2025	September 29, 2025	2025	View Filing

Showing 1 to 10 of 386 filings

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