CareTrust REIT, Inc. reported Q4 and FY 2025 financial results, highlighting significant growth in Net Income, Normalized FFO, and Normalized FAD per share. The company announced 2026 guidance for Normalized FFO of $1.90-$1.95 per share and declared a Q4 dividend of $0.335 per share.
Key takeaways
Q4 2025 Net Income attributable to CareTrust REIT, Inc. was $111.3 million, or $0.50 per diluted share, compared to $0.29 in the prior year quarter.
Full Year 2025 Normalized FFO per diluted share was $1.76, a 17% increase over the prior year.
The Company provided 2026 guidance projecting Normalized FFO per diluted share in the range of $1.90 to $1.95.
A quarterly dividend of $0.335 per common share was declared for the fourth quarter.
Net Debt to Annualized Normalized Run Rate EBITDA was 0.7x as of December 31, 2025.
Full year 2025 investment activity totaled $1.8 billion closed at a blended stabilized yield of 8.6%.