Peer Analysis


All references to earnings per share are diluted earnings per share.
Financial Performance (%) LTC Peer Median Peer Average
Rec. EBITDA / Int. Exp. (x) 4.66 4.05 4.01
Rec. EBITDA / Int. Exp. + Pref. Divs. (x) 4.66 4.06 3.99
G&A / Total Revenue 10.11 6.92 7.99
FFO / Share Growth 1.99 (2.19) 0.04
ROAE 12.32 5.05 5.20
ROAA 6.57 2.24 2.91
Payout / FFO 74.03 77.46 75.92
Market Performance
Price / FFO (x) 15.06 16.32 19.14
Dividend Yield (%) 4.91 4.27 4.24
UPREIT Market Cap ($M) 1,844.48 4,292.93 4,835.57
Total Capitalization ($M) 2,529.70 5,842.51 7,047.28
Data for trailing four quarters

LTC Properties, Inc.'s peer group consists of the following: American Assets Trust, Inc. (AAT), Aviv REIT, Inc. (AVIV), Excel Trust, Inc. (EXL), Healthcare Realty Trust Incorporated (HR), Healthcare Trust of America, Inc. (HTA), Hudson Pacific Properties, Inc. (HPP), Medical Properties Trust, Inc. (MPW), National Health Investors, Inc. (NHI), Nationwide Health Properties, Inc. (NHP), Omega Healthcare Investors, Inc. (OHI), One Liberty Properties, Inc. (OLP), PS Business Parks, Inc. (PSB), Retail Opportunity Investments Corp. (ROIC), Sabra Health Care REIT, Inc. (SBRA), Sunstone Hotel Investors, Inc. (SHO), Terreno Realty Corporation (TRNO)

LTC Properties, Inc.'s financial data is as of 9/30/2019.

Peer financial data is as of 9/30/2019 except for these companies:

Nationwide Health Properties, Inc.'s financial data is as of 3/31/2011.
Excel Trust, Inc.'s financial data is as of 6/30/2015.
Aviv REIT, Inc.'s financial data is as of 3/31/2015.