CareTrust REIT Return On Tangible Equity 2012-2025 | CTRE
- CareTrust REIT average return on tangible equity for 2024 was 5.2, a 3.17% increase from 2023.
- CareTrust REIT average return on tangible equity for 2023 was 5.04, a 3260% increase from 2022.
- CareTrust REIT average return on tangible equity for 2022 was 0.15, a 98.21% increase from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.