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Side-by-side financial comparison of CareTrust REIT, Inc. (CTRE) and FORMFACTOR INC (FORM). Click either name above to swap in a different company.

FORMFACTOR INC is the larger business by last-quarter revenue ($226.1M vs $134.9M, roughly 1.7× CareTrust REIT, Inc.). CareTrust REIT, Inc. runs the higher net margin — 82.5% vs 9.0%, a 73.5% gap on every dollar of revenue. On growth, CareTrust REIT, Inc. posted the faster year-over-year revenue change (55.1% vs 32.0%). Over the past eight quarters, CareTrust REIT, Inc.'s revenue compounded faster (46.2% CAGR vs 7.0%).

Target Healthcare REIT is a British property investment company which invests in healthcare properties and holds a large portfolio of care homes. It is structured as a real estate investment trust (REIT) and is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Formfactor, Inc. is a provider of test and measurement technologies for integrated circuits, with its headquarters in Livermore, California. It provides semiconductor companies with products to improve device performance and provide test and measurement technologies for integrated circuits.

CTRE vs FORM — Head-to-Head

Bigger by revenue
FORM
FORM
1.7× larger
FORM
$226.1M
$134.9M
CTRE
Growing faster (revenue YoY)
CTRE
CTRE
+23.1% gap
CTRE
55.1%
32.0%
FORM
Higher net margin
CTRE
CTRE
73.5% more per $
CTRE
82.5%
9.0%
FORM
Faster 2-yr revenue CAGR
CTRE
CTRE
Annualised
CTRE
46.2%
7.0%
FORM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CTRE
CTRE
FORM
FORM
Revenue
$134.9M
$226.1M
Net Profit
$111.3M
$20.4M
Gross Margin
38.4%
Operating Margin
7.4%
Net Margin
82.5%
9.0%
Revenue YoY
55.1%
32.0%
Net Profit YoY
113.5%
218.5%
EPS (diluted)
$0.52
$0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTRE
CTRE
FORM
FORM
Q1 26
$226.1M
Q4 25
$134.9M
$215.2M
Q3 25
$132.4M
$202.7M
Q2 25
$112.5M
$195.8M
Q1 25
$96.6M
$171.4M
Q4 24
$86.9M
$189.5M
Q3 24
$77.4M
$207.9M
Q2 24
$68.9M
$197.5M
Net Profit
CTRE
CTRE
FORM
FORM
Q1 26
$20.4M
Q4 25
$111.3M
$23.2M
Q3 25
$74.9M
$15.7M
Q2 25
$68.5M
$9.1M
Q1 25
$65.8M
$6.4M
Q4 24
$52.1M
$9.7M
Q3 24
$33.4M
$18.7M
Q2 24
$10.8M
$19.4M
Gross Margin
CTRE
CTRE
FORM
FORM
Q1 26
38.4%
Q4 25
42.2%
Q3 25
39.8%
Q2 25
37.3%
Q1 25
37.7%
Q4 24
38.8%
Q3 24
40.7%
Q2 24
44.0%
Operating Margin
CTRE
CTRE
FORM
FORM
Q1 26
7.4%
Q4 25
10.9%
Q3 25
58.1%
8.9%
Q2 25
61.3%
6.3%
Q1 25
1.9%
Q4 24
4.1%
Q3 24
43.0%
8.6%
Q2 24
15.1%
9.0%
Net Margin
CTRE
CTRE
FORM
FORM
Q1 26
9.0%
Q4 25
82.5%
10.8%
Q3 25
56.6%
7.7%
Q2 25
60.9%
4.6%
Q1 25
68.1%
3.7%
Q4 24
60.0%
5.1%
Q3 24
43.2%
9.0%
Q2 24
15.6%
9.8%
EPS (diluted)
CTRE
CTRE
FORM
FORM
Q1 26
$0.26
Q4 25
$0.52
$0.29
Q3 25
$0.35
$0.20
Q2 25
$0.35
$0.12
Q1 25
$0.35
$0.08
Q4 24
$0.30
$0.12
Q3 24
$0.21
$0.24
Q2 24
$0.07
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTRE
CTRE
FORM
FORM
Cash + ST InvestmentsLiquidity on hand
$198.0M
$123.5M
Total DebtLower is stronger
$894.2M
Stockholders' EquityBook value
$4.0B
$1.1B
Total Assets
$5.1B
$1.3B
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTRE
CTRE
FORM
FORM
Q1 26
$123.5M
Q4 25
$198.0M
$103.3M
Q3 25
$712.5M
$266.0M
Q2 25
$306.1M
$249.3M
Q1 25
$26.5M
$299.0M
Q4 24
$213.8M
$360.0M
Q3 24
$377.1M
$354.5M
Q2 24
$495.1M
$357.6M
Total Debt
CTRE
CTRE
FORM
FORM
Q1 26
Q4 25
$894.2M
$12.2M
Q3 25
$893.8M
Q2 25
$1.2B
Q1 25
$822.1M
Q4 24
$396.9M
$13.3M
Q3 24
$396.7M
Q2 24
$671.1M
Stockholders' Equity
CTRE
CTRE
FORM
FORM
Q1 26
$1.1B
Q4 25
$4.0B
$1.0B
Q3 25
$4.0B
$1.0B
Q2 25
$3.3B
$990.0M
Q1 25
$2.9B
$965.9M
Q4 24
$2.9B
$947.8M
Q3 24
$2.4B
$955.0M
Q2 24
$1.9B
$947.9M
Total Assets
CTRE
CTRE
FORM
FORM
Q1 26
$1.3B
Q4 25
$5.1B
$1.2B
Q3 25
$5.1B
$1.2B
Q2 25
$4.7B
$1.2B
Q1 25
$3.9B
$1.2B
Q4 24
$3.4B
$1.1B
Q3 24
$2.9B
$1.2B
Q2 24
$2.7B
$1.2B
Debt / Equity
CTRE
CTRE
FORM
FORM
Q1 26
Q4 25
0.22×
0.01×
Q3 25
0.22×
Q2 25
0.35×
Q1 25
0.28×
Q4 24
0.14×
0.01×
Q3 24
0.16×
Q2 24
0.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTRE
CTRE
FORM
FORM
Operating Cash FlowLast quarter
$394.0M
$45.0M
Free Cash FlowOCF − Capex
$30.7M
FCF MarginFCF / Revenue
13.6%
Capex IntensityCapex / Revenue
6.7%
Cash ConversionOCF / Net Profit
3.54×
2.21×
TTM Free Cash FlowTrailing 4 quarters
$37.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTRE
CTRE
FORM
FORM
Q1 26
$45.0M
Q4 25
$394.0M
$46.0M
Q3 25
$100.9M
$27.0M
Q2 25
$100.8M
$18.9M
Q1 25
$71.4M
$23.5M
Q4 24
$244.3M
$35.9M
Q3 24
$67.2M
$26.7M
Q2 24
$53.0M
$21.9M
Free Cash Flow
CTRE
CTRE
FORM
FORM
Q1 26
$30.7M
Q4 25
$34.7M
Q3 25
$19.5M
Q2 25
$-47.4M
Q1 25
$5.0M
Q4 24
$28.3M
Q3 24
$17.8M
Q2 24
$13.5M
FCF Margin
CTRE
CTRE
FORM
FORM
Q1 26
13.6%
Q4 25
16.1%
Q3 25
9.6%
Q2 25
-24.2%
Q1 25
2.9%
Q4 24
14.9%
Q3 24
8.6%
Q2 24
6.8%
Capex Intensity
CTRE
CTRE
FORM
FORM
Q1 26
6.7%
Q4 25
5.3%
Q3 25
3.7%
Q2 25
33.8%
Q1 25
10.8%
Q4 24
4.0%
Q3 24
4.3%
Q2 24
4.3%
Cash Conversion
CTRE
CTRE
FORM
FORM
Q1 26
2.21×
Q4 25
3.54×
1.98×
Q3 25
1.35×
1.72×
Q2 25
1.47×
2.08×
Q1 25
1.08×
3.68×
Q4 24
4.68×
3.70×
Q3 24
2.01×
1.43×
Q2 24
4.92×
1.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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