LTC Properties
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
19.1219.36
Price/Sales ratio
6.869.46
Earnings per Share (EPS)
$1.88$1.86

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
20.3621.0021.1819.6510.6137.2523.1249.3814.1714.7714.9210.61
Price/Sales ratio
12.5611.2711.1610.219.759.569.568.608.096.727.479.56
Price/Book Value ratio
2.262.322.432.271.992.281.981.811.711.501.592.28
Price/Cash Flow ratio
15.6015.0017.0616.2914.2414.4613.1314.6613.4212.6912.9214.46
Price/Free Cash Flow ratio
15.8515.1217.2916.4314.3914.5313.1715.7414.6712.6914.3414.53
Price/Earnings Growth ratio
0.90-10.551.73N/A0.13-0.530.57-0.830.05-1.116.370.13
Dividend Yield
4.98%4.99%4.68%5.25%5.49%5.13%5.92%6.76%6.45%7.14%6.62%5.49%
Profitability Indicator Ratios
Gross Profit Margin
88.96%87.15%83.63%82.18%82.09%90.95%90.54%90.09%91.15%92.69%93.30%82.09%
Operating Profit Margin
57.53%51.89%49.75%48.35%90.25%61.03%60.01%51.87%56.56%45.60%70.51%70.51%
Pretax Profit Margin
61.70%53.65%52.67%51.96%91.95%43.64%60.04%36.19%57.42%46.37%63.05%63.05%
Net Profit Margin
61.70%53.65%52.67%51.96%91.89%25.66%41.36%17.42%57.10%45.49%48.55%48.55%
Effective Tax Rate
17.88%26.43%32.40%36.88%21.31%41.19%31.10%51.85%-0.36%N/A22.22%21.31%
Return on Assets
7.59%5.72%6.10%5.95%10.23%3.14%4.51%1.79%6.03%4.83%5.40%5.40%
Return On Equity
11.11%11.08%11.50%11.56%18.77%6.12%8.58%3.67%12.07%10.18%11.22%11.22%
Return on Capital Employed
7.26%5.74%5.95%5.69%10.29%7.64%6.71%5.48%6.65%4.97%9.26%9.26%
Liquidity Ratios
Current Ratio
9.946.857.568.8610.1610.059.97N/AN/AN/A3.1010.05
Quick Ratio
9.786.787.528.8410.029.009.9712.053.637.763.099.00
Cash ratio
1.040.290.170.130.070.110.220.130.060.420.120.07
Days of Sales Outstanding
102.01131.79183.84208.36232.23177.70164.1656.74263.0436.311.48K232.23
Days of Inventory outstanding
N/A0.00N/A46.6769.451.34KN/AN/A306.75N/A106.0969.45
Operating Cycle
102.01131.79183.84255.04301.691.52K164.1656.74569.8036.311.58K301.69
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
102.01131.79183.84255.04301.691.52K164.1656.74569.8036.311.58K301.69
Debt Ratios
Debt Ratio
0.290.440.430.450.420.450.440.480.460.480.410.45
Debt Equity Ratio
0.420.860.820.880.780.890.840.980.921.010.820.78
Long-term Debt to Capitalization
N/A0.460.450.460.430.470.450.490.460.500.360.47
Total Debt to Capitalization
0.290.460.450.460.430.470.450.490.480.500.450.43
Interest Coverage Ratio
5.214.203.072.772.702.621.87N/AN/AN/A3.312.70
Cash Flow to Debt Ratio
0.340.170.170.150.170.170.170.120.130.110.140.17
Company Equity Multiplier
1.461.931.881.941.831.941.902.041.992.101.971.83
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.800.750.650.620.680.660.720.580.600.520.560.66
Free Cash Flow / Operating Cash Flow Ratio
0.980.990.980.990.980.990.990.930.9110.930.99
Cash Flow Coverage Ratio
0.340.170.170.150.170.170.170.120.130.110.140.17
Short Term Coverage Ratio
0.34N/AN/AN/AN/AN/AN/AN/A2.14N/A0.48N/A
Dividend Payout Ratio
101.40%105.04%99.35%103.29%58.31%191.14%136.93%334.30%91.48%105.60%97.52%58.31%