LTC Q4 2025 total revenues rise 60% to USD 84.3 million

LTC reported Q4 2025 total revenues of USD 84.3 million and net income available to common stockholders of USD 101.6 million, with diluted EPS of USD 2.11. Nareit FFO attributable to common stockholders was USD 34.5 million (USD 0.72 per diluted share) and Core FFO was USD 33.5 million (USD 0.70 per diluted share). Funds available for distribution $(FAD)$ was USD 37.0 million (USD 0.77 per diluted share) and Core FAD was USD 35.0 million (USD 0.73 per diluted share). The company said SHOP momentum drove 60% revenue growth and 13% Core FFO growth in 2025. In portfolio updates, LTC said it completed USD 353 million of SHOP acquisitions in 2025 and acquired three SHOP seniors housing communities in Q4 for USD 84.2 million; it also converted two Oregon seniors housing communities from triple-net to SHOP and wrote off a USD 0.96 million working capital note tied to the prior operator. During Q4, LTC sold seven skilled nursing centers for USD 123.0 million and recorded a USD 78.0 million gain on sales. As of the release, SHOP represented 24% of gross investments (average property age 9 years), while skilled nursing represented 36% (down from 46% at year-end 2024); management reiterated a goal of SHOP reaching 45% of the investment portfolio by end-2026. For 2026, LTC introduced guidance for diluted EPS of USD 1.80 to USD 1.84, diluted Core FFO per share of USD 2.75 to USD 2.79, and diluted Core FAD per share of USD 2.82 to USD 2.86; Q1 2026 guidance calls for diluted EPS of USD 0.60 to USD 0.62, diluted Core FFO per share of USD 0.66 to USD 0.68, and diluted Core FAD per share of USD 0.68 to USD 0.70. The company reported total pro forma liquidity of USD 542.0 million, including USD 15.9 million of cash on hand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LTC Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602241615BIZWIRE_USPR_____20260224_BW095209) on February 24, 2026, and is solely responsible for the information contained therein.