CareTrust REIT Gross Margin 2012-2024 | CTRE
- CareTrust REIT average gross margin for 2023 was 97.51%, a 0.31% decline from 2022.
- CareTrust REIT average gross margin for 2022 was 97.81%, a 0.04% decline from 2021.
- CareTrust REIT average gross margin for 2021 was 97.85%, a 0.56% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.