Community Healthcare Trust Incorporated is a real estate investment trust. It focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the United States. As of December 31, 2025, the Company had investments of approximately 1.2 billion US dollars in 198 real estate properties (including one property with sales-type leases and one property classified as held for sale). The properties are in 36 states, totaling approximately 4.5 million square feet in the aggregate. Community Healthcare Trust was established on march 28, 2014 and incorporated in Maryland.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $121M | $77M | $5M | $36M | 1.2% | 4.7% | -260.4% |
| 2024 | $116M | $64M | $-3M | $34M | -0.7% | 2.6% | -141.2% |
| 2023 | $113M | $66M | $8M | $42M | 1.5% | 15.5% | -65.0% |
| 2022 | $98M | $67M | $22M | $50M | 4.4% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 97.68 | 112.84 | 115.79 | 121.20 |
| Operating Revenue | - | 97.68 | 112.84 | 115.79 | 121.20 |
| Cost Of Revenue | - | 16.64 | 20.71 | 22.83 | 23.62 |
| Gross Profit | - | 81.04 | 92.13 | 92.95 | 97.57 |
| Operating Expense | - | 47.18 | 67.03 | 72.84 | 77.31 |
| Selling General And Administration | - | 14.84 | 27.34 | 19.06 | 25.10 |
| Total Expenses | - | 63.81 | 87.74 | 95.67 | 100.93 |
| Operating Income | - | 33.87 | 25.10 | 20.12 | 20.27 |
| EBITDA | - | 67.12 | 66.25 | 64.23 | 76.97 |
| Normalized EBITDA | - | 67.12 | 66.35 | 64.35 | 65.17 |
| EBIT | - | 33.93 | 25.81 | 20.52 | 32.10 |
| Interest Income | - | 0.07 | 0.81 | 0.53 | 0.03 |
| Interest Expense | - | 11.87 | 17.79 | 23.71 | 26.98 |
| Net Interest Income | - | -11.81 | -16.98 | -23.18 | -26.94 |
| Other Income Expense | 0.24 | - | -0.10 | -0.12 | 11.80 |
| Interest Income Non Operating | - | 0.07 | 0.81 | 0.53 | 0.03 |
| Interest Expense Non Operating | - | 11.87 | 17.79 | 23.71 | 26.98 |
| Net Non Operating Interest Income Expense | - | -11.81 | -16.98 | -23.18 | -26.94 |
| Pretax Income | - | 22.06 | 8.02 | -3.18 | 5.12 |
| Tax Provision | - | 0.04 | 0.31 | 0 | 0.02 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | -0.01 | -0.01 | 0.40 |
| Net Income Continuous Operations | - | 22.02 | 7.71 | -3.18 | 5.10 |
| Net Income From Continuing And Discontinued Operation | - | 22.02 | 7.71 | -3.18 | 5.10 |
| Net Income From Continuing Operation Net Minority Interest | - | 22.02 | 7.71 | -3.18 | 5.10 |
| Net Income | - | 22.02 | 7.71 | -3.18 | 5.10 |
| Net Income Common Stockholders | - | 19.17 | 5.10 | -5.98 | 2.08 |
| Net Income Including Noncontrolling Interests | - | 22.02 | 7.71 | -3.18 | 5.10 |
| Normalized Income | - | 22.02 | 7.81 | -3.07 | -6.30 |
| Diluted NI Availto Com Stockholders | - | 19.17 | 5.10 | -5.98 | 2.08 |
| Basic Average Shares | - | 23.63 | 25.20 | 26.53 | 26.86 |
| Diluted Average Shares | - | 23.63 | 25.20 | 26.53 | 26.86 |
| Reconciled Depreciation | - | 33.19 | 40.44 | 43.70 | 44.87 |
| Reconciled Cost Of Revenue | - | 15.78 | 19.97 | 21.91 | 22.29 |
| Total Unusual Items | - | 0 | -0.10 | -0.12 | 11.80 |
| Total Unusual Items Excluding Goodwill | - | 0 | -0.10 | -0.12 | 11.80 |
| Special Income Charges | - | 0 | -0.10 | -0.12 | 11.80 |
| Impairment Of Capital Assets | - | 0 | 0.10 | 0.12 | -11.80 |
| Gain On Sale Of Security | 0.24 | - | - | - | - |
| Depreciation Amortization Depletion Income Statement | - | 32.34 | 39.69 | 42.78 | 43.54 |
| Depreciation And Amortization In Income Statement | - | 32.34 | 39.69 | 42.78 | 43.54 |
| General And Administrative Expense | - | 14.84 | 27.34 | 19.06 | 25.10 |
| Other Gand A | - | 14.84 | 27.34 | 19.06 | 25.10 |
| Provision For Doubtful Accounts | - | 0 | 0 | 11 | 8.67 |
| Otherunder Preferred Stock Dividend | - | 2.85 | 2.62 | 2.80 | 3.02 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Community Healthcare Trust Incorporatedthis co. | CHCT | $494M | 96.77β premium | 1.15 | 1.2% | 13.34 |
| Chatham Lodging Trust | CLDT | $555M | 36.84 | 0.75 | 2.0% | 8.96 |
| Brandywine Realty Trust | BDN | $542M | -3.04 | 0.68 | -22.5% | 22.43 |
| One Liberty Properties, Inc. | OLP | $516M | 20.27 | 1.72 | 8.5% | 13.22 |
| Chiron Real Estate Inc. |
| 2021 | - | - | - | - | - | - | - |
| XRN |
| $515M |
| - |
| 1.01 |
| -2.4% |
| 13.98 |
| RE/MAX Holdings, Inc. | RMAX | $494M | 60.54 | 1.09 | 1.8% | 10.81 |
| Farmland Partners Inc. | FPI | $456M | 14.46 | 0.99 | 6.9% | 13.23 |
| KKR Real Estate Finance Trust Inc. | KREF | $453M | - | 0.39 | -6.0% | - |
| FRP Holdings, Inc. | FRPH | $452M | 135.80 | 1.06 | 0.8% | 30.39 |
| Peer Median | - | 28.56 | 1.00 | 1.3% | 13.23 | |