LTCLTC PROPERTIES INC
Real Estate Investment Trusts
- Revenue
- $263M
- 25% YoY
- Operating margin
- 77.9%
- 18% YoY
- EBITDA
- $243M
- 2.9% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.0×
- $737M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear110% of net incomeCash flow under 80% of net income
- Dilutive SBCClear4% of revenueOver 10% of revenue
- Payouts exceed cash flowClear92% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $155M | $175M | $197M | $210M | $263M | 25% |
| Operating income | $55M | $99M | $185M | $199M | $205M | 2.7% |
| Net income | $56M | $101M | $91M | $95M | $124M | 31% |
| Operating cash flow | $91M | $106M | $104M | $126M | $136M | 8.0% |
| Stock-based comp | $8M | $8M | $8M | $9M | $9M | 3.1% |
| Dividends | $90M | $92M | $95M | $101M | $107M | 6.8% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 122 | 138 |
| FY2024 | — | — | 115 | 134 |
| FY2023 | — | — | 100 | 123 |
| FY2022 | — | — | 103 | 108 |
| FY2021 | — | — | 93 | 143 |