LTC Properties (FRA:LTP) Gross Margin %: 58.83% (As of Mar. 2026) — 35% Below Median


FRA:LTP LTC Properties Inc FRA:LTP
88 GF Score
Price €33.90
GF Value €42.49
Valuation Modestly Undervalued
! 6 Warning Signs
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What is LTC Properties Gross Margin %?

LTC Properties FRA:LTP +0.36% 88 Gross Margin % is 58.83% as of Mar. 2026, which is 35% below its 10-year median of 90.96. GuruFocus rates FRA:LTP with a GF Score™ of 88/100 and a GF Value™ of €42.49 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 680 REITs companies, LTC Properties ranks worse than 54.85% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. LTC Properties's Gross Profit for the three months ended in Mar. 2026 was €48.6 Mil. LTC Properties's Revenue for the three months ended in Mar. 2026 was €82.5 Mil. Therefore, LTC Properties's Gross Margin % for the quarter that ended in Mar. 2026 was 58.83%.

Warning Sign:

LTC Properties Inc gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


The historical rank and industry rank for LTC Properties's Gross Margin % or its related term are showing as below:

FRA:LTP' s Gross Margin % Range Over the Past 10 Years
Min: 67.32   Med: 90.96   Max: 93.84
Current: 67.32


During the past 13 years, the highest Gross Margin % of LTC Properties was 93.84%. The lowest was 67.32%. And the median was 90.96%.

FRA:LTP's Gross Margin % is ranked worse than
54.85% of 680 companies
in the REITs industry
Industry Median: 69.705 vs FRA:LTP: 67.32

LTC Properties had a gross margin of 58.83% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for LTC Properties was -2.20% per year.


LTC Properties  (FRA:LTP) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

LTC Properties had a gross margin of 58.83% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


LTC Properties Gross Margin % Related Terms


LTC Properties Gross Margin % Historical Data

* Premium members only.

The historical data trend for LTC Properties's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

LTC Properties Gross Margin % Chart

LTC Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.09 91.16 93.27 93.84 75.32

LTC Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 93.66 79.73 71.22 64.86 58.83

FRA:LTP vs DHC, SILA, MPT: Gross Margin % Comparison

For the REIT - Healthcare Facilities subindustry, LTC Properties's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LTC Properties Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, LTC Properties's Gross Margin % distribution charts can be found below:

* The bar in red indicates where LTC Properties's Gross Margin % falls into.


FRA:LTP
88GF Score
LTC Properties Inc FRA:LTP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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LTC Properties Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

LTC Properties's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=169.1 / 224.477
=(Revenue - Cost of Goods Sold) / Revenue
=(224.477 - 55.41) / 224.477
=75.32 %

LTC Properties's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=48.6 / 82.531
=(Revenue - Cost of Goods Sold) / Revenue
=(82.531 - 33.98) / 82.531
=58.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 58.83% mean?
LTC Properties (FRA:LTP) has a Gross Margin % of 58.83% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on LTC Properties and its competitors. This is 35% below median its historical median of 90.96. Over the past decade, LTC Properties' Gross Margin % has ranged from 67.32 to 93.84. According to the industry distribution chart, LTC Properties ranks #373 out of 680 companies in the REITs industry, placing it in the top 54.9%.
Is LTC Properties' Gross Margin % too high?
LTC Properties' current Gross Margin % of 58.83% is 35% below median its 10-year median of 90.96. Over the past 10 years, this metric has ranged from a low of 67.32 to a high of 93.84. The REITs industry median Gross Margin % is 69.71. LTC Properties' value of 58.83% is 15.6% below this industry median. Based on the distribution chart, LTC Properties ranks #373 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, LTC Properties has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LTC Properties' Gross Margin % compare to DHC and SILA?
According to the REITs industry distribution chart, LTC Properties ranks #373 out of 680 companies for Gross Margin %. This places LTC Properties in the lower half of its industry. The industry median Gross Margin % is 69.71. LTC Properties' value of 58.83% is 15.6% below this benchmark. Historically, LTC Properties' own Gross Margin % has ranged from 67.32 to 93.84 over the past decade. While the company's 10-year median is 90.96 vs. the industry median of 69.71, LTC Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.71, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LTC Properties's current Gross Margin % of 58.83% is 15.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on LTC Properties and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LTC Properties's current Gross Margin % is 58.83%, which is 35% below median its own 10-year median of 90.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LTC Properties stock overvalued right now?
Based on GuruFocus' analysis, LTC Properties (FRA:LTP) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.49, compared to a current price of €33.90 — trading 20.2% below its estimated fair value. The current Gross Margin % is 58.83%, which is 35% below median its 10-year median of 90.96 and 15.6% below the REITs industry median of 69.71. LTC Properties' overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For LTC Properties (FRA:LTP), the current Gross Margin % is 58.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LTC Properties (FRA:LTP) Overvalued in 2026?

Based on GuruFocus' analysis, LTC Properties stock appears to be undervalued. The current stock price of €33.90 is trading 20.2% below its estimated GF Value™ of €42.49. GuruFocus considers LTC Properties to be Modestly Undervalued.

Key valuation signals for FRA:LTP:

  • Gross Margin %: 58.83% (35% below median its 10-year median of 90.96)
  • GF Value™: €42.49 vs. price of €33.90 (20.2% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 15.6% below the REITs median (#373 of 680)

No single metric tells the full story. See the FRA:LTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LTC Properties Business Description

Industry Real EstateREITs
Address 3011 Townsgate Road, Suite 220, Westlake Village, CA, USA, 91361
LTC Properties Inc is a real estate investment trust. It invests in seniors housing and health care properties, mainly through ownership, sale-leasebacks, mortgage financing, joint ventures, construction financing, and structured finance solutions, including preferred equity, bridge, and mezzanine lending. The company's investment portfolio comprises several properties located throughout the USA, the majority of which are seniors housing and skilled nursing properties. The firm conducts and manages its business as two operating segments: Real Estate Investments, which generates maximum revenue, and SHOP.
88GF Score

Get the complete analysis for FRA:LTP

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€33.90
Price
€42.49
GF Value