---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-002959"
form_type: "8-K"
ticker: "CTRE"
cik: "0001590717"
company_name: "CareTrust REIT, Inc."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T20:21:24.870775+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CareTrust REIT Q4 normalized FFO $0.38; net income $14.4M; dividend maintained at $0.275

## Summary
- Q4 net income $14.4M ($0.15 diluted EPS); full-year net loss $7.5M ($0.08 loss).
- Normalized FFO $0.38/share in Q4, $1.49/share for FY2022; normalized FAD $0.40 and $1.57.
- Contractual rent collections 95.5% in Q4, 95.2% for year; EBITDAR lease coverage 2.01x.
- Dividend maintained at $0.275/quarter; payout ratio ~69% of normalized FAD.
- Liquidity: $20M cash, $135M drawn on $600M revolver, $428.4M ATM remaining; net debt/EBITDA 3.7x.

## SEC filing metadata
- accession: 0001628280-23-002959
- form_type: 8-K
- ticker: CTRE
- cik: 0001590717
- company_name: CareTrust REIT, Inc.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590717/000162828023002959/0001628280-23-002959-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590717/000162828023002959/ctre-20230209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-002959
- JSON: https://secwatch.observer/filing/0001628280-23-002959.json
- Plain text: https://secwatch.observer/filing/0001628280-23-002959.txt

## Key facts
- Earnings Releases
  CareTrust REIT, Inc. reported the year ended December 31, 2022 results: net income net loss of $7.5 million, or $0.08 loss per diluted weighted-average common share, EPS $0.08 loss per diluted weighted-average common share.
  - Period: the year ended December 31, 2022
  - Net income: net loss of $7.5 million, or $0.08 loss per diluted weighted-average common share
  - EPS: $0.08 loss per diluted weighted-average common share
  - Result: reported results
  source text: On February 9, 2023, CareTrust REIT, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590717/000162828023002959/0001628280-23-002959-index.htm
- Earnings Releases
  CareTrust REIT, Inc. reported the fourth quarter ended December 31, 2022 results: net income Net income of $14.4 million and net income per share of $0.15, EPS $0.15 per diluted weighted-average common share.
  - Period: the fourth quarter ended December 31, 2022
  - Net income: Net income of $14.4 million and net income per share of $0.15
  - EPS: $0.15 per diluted weighted-average common share
  - Result: reported results
  source text: On February 9, 2023, CareTrust REIT, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590717/000162828023002959/0001628280-23-002959-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.