Annual Revenue (2024): $4.26 billion, a 14.2% increase year-over-year from 2023.
Quarterly Revenue (Q4 2024): $1.13 billion, up 15.5% from the prior year quarter, though slightly below analyst estimates of $1.39 billion.
Q1 2025 Revenue: $1.17 billion, a 16.1% increase from Q1 2024, reflecting strong growth in skilled services and acquisitions.
Trailing 12-Month Revenue (as of March 31, 2025): $4.42 billion.
Skilled Services Segment: Generated $4.1 billion in 2024, up 13.9% from 2023, driven by higher occupancy rates (Same Facilities: +2.3%, Transitioning Facilities: +4.7%) and increased skilled mix revenue.
Standard Bearer Segment: Q3 2024 revenue was $24.4 million, up 16.4% from Q3 2023, reflecting growth in real estate leasing to skilled nursing and assisted living operations.
Growth Drivers: Expansion through acquisitions (64 new operations since 2023, including 38 in 2024) and improved occupancy and managed care census (e.g., +8.9% and +15.6% for same store and transitioning operations in Q1 2025).
Quarterly Revenue (Q4 2024): $1.13 billion, up 15.5% from the prior year quarter, though slightly below analyst estimates of $1.39 billion.
Q1 2025 Revenue: $1.17 billion, a 16.1% increase from Q1 2024, reflecting strong growth in skilled services and acquisitions.
Trailing 12-Month Revenue (as of March 31, 2025): $4.42 billion.
Skilled Services Segment: Generated $4.1 billion in 2024, up 13.9% from 2023, driven by higher occupancy rates (Same Facilities: +2.3%, Transitioning Facilities: +4.7%) and increased skilled mix revenue.
Standard Bearer Segment: Q3 2024 revenue was $24.4 million, up 16.4% from Q3 2023, reflecting growth in real estate leasing to skilled nursing and assisted living operations.
Growth Drivers: Expansion through acquisitions (64 new operations since 2023, including 38 in 2024) and improved occupancy and managed care census (e.g., +8.9% and +15.6% for same store and transitioning operations in Q1 2025).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.