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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. LTC Properties's Net Income for the three months ended in Dec. 2024 was $18.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $91.0 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. LTC Properties's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $0.40.
The historical data trend for LTC Properties's Net Income 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 Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Net Income | Get a 7-Day Free Trial |
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95.29 | 55.86 | 100.02 | 89.74 | 91.04 |
LTC Properties Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Net Income | Get a 7-Day Free Trial |
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28.23 | 24.23 | 19.36 | 29.37 | 18.08 |
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income
= Revenue
- Cost of Goods Sold
- Selling, General, & Admin. Expense
- Research & Development
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= EBITDA
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Operating Income
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others
LTC Properties's Net Income for the fiscal year that ended in Dec. 2024 is calculated as
Net Income | (A: Dec. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 94.879 | + | 0 | + | 0 | + | -3.839 |
= | 91.0 |
LTC Properties's Net Income for the quarter that ended in Dec. 2024 is calculated as
Net Income | (Q: Dec. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 19.59 | + | 0 | + | 0 | + | -1.507 |
= | 18.1 |
Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $91.0 Mil.
* 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 (NYSE:LTC) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
LTC Properties's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as
Earnings per Share (Diluted) (Q: Dec. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (18.083 | - | 0) | / | 45.523 | |
= | 0.40 |
* 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.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable businessThe dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of LTC Properties's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
David L Gruber | director | 2829 TOWNSGATE RD, STE 350, WESTLAKE VILLAGE CA 91361 |
Clint B Malin | officer: VP & CIO | 22917 PACIFIC COAST HWY, SUITE 350, MALIBU CA 90265 |
Timothy Triche | director | 2358 NORTH VERMONT AVE, LOS ANGELES CA 90027 |
Boyd W Hendrickson | director | 22917 PACIFIC COAST HWY, SUITE 350, MALIBU CA 90265 |
Pamela Shelley-kessler | officer: VP & Controller | 300 ESPLANADE DR #1860, OXNARD CA 93036 |
Wendy Simpson | director, officer: CFO & Treasurer | 300 ESPLANADE DR #1860, OXNARD CA 93036 |
Caroline Wong | officer: VP, Controller & Treasurer | 2829 TOWNSGATE RD, SUITE 350, WESTLAKE VILLAGE CA 91361 |
Cheng Cornelia | director | 2829 TOWNSGATE RD, STE 350, STE 350, WESTLAKE VILLAGE CA 91361 |
James Pieczynski | director | PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212 |
Brent P. Chappell | officer: SVP, Inv. & Portfolio Mgmt | 2829 TOWNSGATE RD #350, WESTLAKE VILLAGE CA 91361 |
Edmund King | director | 258 VINEYARD LANE, MESQUITE NV 89027 |
Thomas Andrew Stokes | officer: VP, Marketing/Strat. Planning | 31365 OAK CREST DRIVE, SUITE 200, WESTLAKE VILLAGE CA 91361 |
Peter G Lyew | officer: VP, Director of Taxes | 31365 OAK CREST DRVE, SUITE 200, WESTLAKE VILLAGE CA 91361 |
Andre C Dimitriadis | director, officer: CEO and President | 9955 SE WASHINTON, SUITE 201, PORTLAND OR 97216 |
Devra G Shapiro | director | C/O IPC THE HOSPITALIST COMPANY, INC., 4605 LANKERSHIM BLVD SUITE 617, NORTH HOLLYWOOD CA 91602 |
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