LTC Properties (LTC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

LTC Properties

NYSE•Real Estate•REIT - Healthcare Facilities

$45.80+0.66(0.01%)Pre-market

Market Cap

$2.38B

P/E

16.9x

P/S

6.8x

P/B

1.9x

LTC Properties, Inc. is a real estate investment trust (REIT) focused on seniors housing and health care properties, principally investing through SHOP, as well as triple-net leases, and joint ventures. The Company's portfolio includes over 160 properties throughout the United States. Based on gross real estate investments, nearly 80% of the Company's assets are seniors housing communities with the remainder skilled nursing centers. LTC Properties, Inc. was established in 1992 and was incorporated in Maryland.

How this company scores

ExcellentMetricSide Score: 81/100

Strongest: Cash & Earnings Quality (23/25); weakest: Balance Sheet & Red Flags (16/25).

Profitability20/25

Growth22/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality23/25

Strengths

Growing revenueStrong marginsRising earningsCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 16.9x5y range 13.0x – 42.1x

Currently near its 20-quarter median.

P/S · 6.8x5y range 5.9x – 9.5x

Currently near its 20-quarter median.

P/B · 1.9x5y range 1.5x – 2.0x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Share Dilution

Red Flag

Shares outstanding increased 18.2% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $2.38B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $347.85M
Q. Revenue: $98.86M
TTM EBITDA: $293.07M
TTM Op. Income: $248.78M
Q. Op. Income: $54.65M
TTM Net Income: $140.88M
Q. Net Income: $30.82M
EPS: $0.57
Shares Out.: $51.87M

$347.85M in TTM revenue grew 59.8% YoY, reaching $98.86M last quarter. TTM EBITDA of $293.07M and TTM operating income of $248.78M show growth is flowing through to the bottom line. TTM net income of $140.88M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 67.8%
Op. Margin: 55.3%
Net Margin: 31.2%

Op. margin of 55.3% is down 25.2% YoY — costs are rising relative to revenue. Net margin at 31.2% Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 16.9x
P/S Ratio: 6.8x
P/B Ratio: 1.9x

At 16.9x P/E, the stock trades within typical market levels. P/S of 6.8x and P/B of 1.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.18B
Cash: $40.44M
Long-Term Debt: $777.09M
Book Value: $1.27B
D/E Ratio: 0.6
Debt/EBITDA: 11.6

With $2.18B in assets and $777.09M in long-term debt, D/E is 0.6and book value is $1.27B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 3 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $34.38M
TTM Free Cash Flow: $130.30M
FCF Margin: 37.5%
FCF / Net Income: 0.9

TTM FCF of $130.30M on $34.38M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 14% — an improving trend.