LTC Properties, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $118.0M | $91.0M | $89.7M | $100.0M | $55.9M | $95.3M | $80.5M | $155.0M |
| Depreciation & Amortization | $37.9M | $36.4M | $37.4M | $37.5M | $38.3M | $39.1M | $39.2M | $37.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $9.3M | $9.1M | $8.5M | $8.0M | $7.8M | $7.0M | $6.6M | $5.9M |
| Net Cash from Operating Activities | $136.0M | $125.9M | $104.5M | $105.6M | $91.2M | $116.1M | $122.5M | $115.5M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-269.9M | $90.7M | $-174.9M | $-119.9M | $-69.8M | $43.9M | $-79.0M | $-3.6M |
| Financing Activities | ||||||||
| Dividends Paid | $107.4M | $100.5M | $94.8M | $91.5M | $90.5M | $90.3M | $90.9M | $90.4M |
| Stock Repurchases | — | — | — | — | — | $18.0M | — | — |
| Net Cash from Financing Activities | $138.9M | $-227.4M | $80.3M | $19.6M | $-24.0M | $-156.5M | $-44.0M | $-112.4M |
| Net Change in Cash | $5.0M | $-10.9M | $9.9M | $5.2M | $-2.6M | $3.5M | $-520.0K | $-449.0K |
| Free Cash Flow | — | — | — | — | — | — | — | — |