0001631569-26-000012
SEC filingCommunity Healthcare Trust Incorporated (CHCT) reported FY 2025 results with total revenue of $121.2M, primarily from rental income of $121.4M, partially offset by other operating interest of -$156K. Total expenses were $92.3M, including property operating ($23.6M), general and administrative ($25.1M), and depreciation and amortization ($43.5M). Other expenses totaled -$23.8M, driven by interest expense ($27.0M) and credit loss reserve ($8.7M), partially offset by gains on asset sales ($11.8M). This resulted in net income of $5.1M. The company generated $56.4M in net cash from operating activities, used $47.7M in investing activities (primarily for acquisitions and capital expenditures), and had a net cash outflow of $9.8M from financing activities (including dividend payments of $53.7M). The balance sheet shows total assets of $990.8M, with net real estate properties of $922.9M, total liabilities of $561.4M (including debt of $532.2M), and stockholders' equity of $429.4M. No prior period figures are provided for YoY comparisons.
Community Healthcare Trust Incorporated (CHCT) reported its FY 2025 financial results for the period ending December 31, 2025. The company achieved total revenue of $121.2M, derived almost entirely from rental income of $121.4M, with a minor offset from other operating interest of -$156K. Total operating expenses amounted to $92.3M, consisting of property operating expenses ($23.6M), general and administrative expenses ($25.1M), and depreciation and amortization ($43.5M). Other expenses and income resulted in a net outflow of $23.8M, primarily due to interest expense ($27.0M) and a credit loss reserve ($8.7M), partially mitigated by gains on sales of depreciable real estate assets ($11.8M). The bottom line net income was $5.1M. The company reported basic and diluted net income per common share as $0.00, with weighted average shares outstanding of 26.9M for both basic and diluted calculations. No comparative figures for the prior fiscal year (FY 2024) are provided in the source data, preventing year-over-year analysis.
The revenue structure for FY 2025 is straightforward, with rental income constituting the vast majority at $121.4M. A small negative adjustment of $156K from other operating interest brought total revenue to $121.2M. The document and XBRL data do not provide any segment breakdown, geographic mix, or detailed revenue drivers beyond these line items. There is no disclosure of revenue by property type, tenant concentration, or geographic region. The absence of prior period revenue figures also precludes analysis of growth trends or drivers.
Gross profit is not explicitly stated in the provided data. Operating income is also not separately disclosed, as the income statement presentation combines operating expenses and other non-operating items before arriving at net income. Therefore, gross margin and operating margin cannot be calculated from the available figures. The cost structure shows that depreciation and amortization ($43.5M) is the largest single expense category, followed by general and administrative ($25.1M) and property operating ($23.6M). The net income margin (net income/revenue) is approximately 4.2% ($5.1M / $121.2M).
The company generated strong operating cash flow of $56.4M for FY 2025, significantly higher than its net income of $5.1M. Major adjustments to reconcile net income to operating cash flow included adding back depreciation and amortization ($43.5M), stock-based compensation ($10.3M), credit loss reserve ($8.7M), and subtracting gains on asset sales ($11.8M). Investing activities used $47.7M in cash, primarily for acquisitions of real estate ($64.6M) and capital expenditures on existing properties ($20.5M), partially offset by proceeds from real estate sales ($32.2M). Financing activities resulted in a net cash outflow of $9.8M, driven by dividend payments of $53.7M, partially funded by net borrowings on the revolving credit facility of $46.0M. The balance sheet as of December 31, 2025, shows total assets of $990.8M, with net real estate properties (after accumulated depreciation of $280.3M) being the largest component at $922.9M. Total liabilities are $561.4M, including debt net of $532.2M. Stockholders' equity is $429.4M. The debt-to-equity ratio is approximately 1.31 ($532.2M debt / $429.4M equity). Cash and cash equivalents were $3.3M, with total cash, cash equivalents, and restricted cash ending the period at $12.1M.
The provided XBRL data and document content do not include any management discussion, forward-looking statements, guidance, strategic priorities, or specific risk factors. Therefore, no outlook information can be extracted from the source material. The analysis is limited to the historical financial results for FY 2025 as presented in the financial statements.