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LTC PROPERTIES INC LTC

NYSE · reit · Real Estate Investment Trusts · website · IPO 1992-08-18 · LEI

LTC PROPERTIES INC statistics & valuation

Market cap$2.0B
P / E16.7×
P / S7.5×
P / B1.7×
Dividend yield5.45%
Net margin44.9%
Return on equity10.1%
Net debt$827.8M
Net debt / EBITDA3.4×
Enterprise value USD$2.8B
EV / EBITDA11.5×
Earnings yield EBIT/EV7.3%
Graham number -5.4%$36.87

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($36.87); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
52.70% 52.00% 91.90% 43.50% 59.80% 36.00% 57.10% 45.50% 43.40% 44.90% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
52.00% 50.60% 90.30% 44.20% 60.00% 35.30% 56.60% 94.00% 95.00% 77.90% 2016201720182019202020212022202320242025
Return on equity (%)
11.50% 11.50% 18.60% 10.30% 12.30% 7.50% 11.80% 9.80% 8.60% 10.10% 2016201720182019202020212022202320242025
Shares outstanding
39.2M 39.6M 39.8M 39.8M 39.3M 39.4M 41.3M 43.0M 45.5M 48.5M 2016201720182019202020212022202320242025
Net debt ($)
$601.4M $662.3M $642.4M $689.1M $641.6M $717.6M $757.5M $871.0M $675.2M $827.8M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
6.10% 6.00% 10.20% 5.30% 6.50% 3.70% 6.00% 4.80% 5.10% 5.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.82× 0.88× 0.77× 0.88× 0.84× 0.97× 0.90× 0.97× 0.65× 0.72× 2016201720182019202020212022202320242025
EPS ($)
$2.21 $2.20 $3.89 $2.02 $2.42 $1.41 $2.48 $2.16 $2.04 $2.52 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

LTC PROPERTIES INC trades at about 15.5× earnings — near its 10-year norm (10-year range 12.2×–25.6×, median 16.9×).

12.2× 25.6×

Shaded band = 10-year range (12.2×–25.6×); dot = today's 15.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin77.9%95.0%94.0%56.6%35.3%60.0%44.2%90.3%50.6%52.0%
Net margin44.9%43.4%45.5%57.1%36.0%59.8%43.5%91.9%52.0%52.7%
Return on assets5.7%5.1%4.8%6.0%3.7%6.5%5.3%10.2%6.0%6.1%
Return on equity10.1%8.6%9.8%11.8%7.5%12.3%10.3%18.6%11.5%11.5%
Debt / equity0.72×0.65×0.97×0.90×0.97×0.84×0.88×0.77×0.88×0.82×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.