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Side-by-side financial comparison of CareTrust REIT, Inc. (CTRE) and MONARCH CASINO & RESORT INC (MCRI). Click either name above to swap in a different company.

MONARCH CASINO & RESORT INC is the larger business by last-quarter revenue ($136.6M vs $134.9M, roughly 1.0× CareTrust REIT, Inc.). CareTrust REIT, Inc. runs the higher net margin — 82.5% vs 20.2%, a 62.3% gap on every dollar of revenue. On growth, CareTrust REIT, Inc. posted the faster year-over-year revenue change (55.1% vs 8.9%). Over the past eight quarters, CareTrust REIT, Inc.'s revenue compounded faster (46.2% CAGR vs 3.2%).

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.

The Atlantis Casino Resort Spa is a hotel and casino located in Reno, Nevada, United States. It is owned and operated by Monarch Casino & Resort, Inc. Its three hotel towers have a combined 824 guest rooms and suites. The casino floor spans 64,814 sq ft. Often known simply as "Atlantis," it is one of Reno's most profitable and luxurious properties, competing directly with Peppermill Hotel Casino and Grand Sierra Resort for customers. Nearly $150 million has been spent on upgrading the facility.

CTRE vs MCRI — Head-to-Head

Bigger by revenue
MCRI
MCRI
1.0× larger
MCRI
$136.6M
$134.9M
CTRE
Growing faster (revenue YoY)
CTRE
CTRE
+46.2% gap
CTRE
55.1%
8.9%
MCRI
Higher net margin
CTRE
CTRE
62.3% more per $
CTRE
82.5%
20.2%
MCRI
Faster 2-yr revenue CAGR
CTRE
CTRE
Annualised
CTRE
46.2%
3.2%
MCRI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CTRE
CTRE
MCRI
MCRI
Revenue
$134.9M
$136.6M
Net Profit
$111.3M
$27.6M
Gross Margin
Operating Margin
25.6%
Net Margin
82.5%
20.2%
Revenue YoY
55.1%
8.9%
Net Profit YoY
113.5%
38.9%
EPS (diluted)
$0.52
$1.52

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
MCRI
MCRI
Q1 26
$136.6M
Q4 25
$134.9M
$140.0M
Q3 25
$132.4M
$142.8M
Q2 25
$112.5M
$136.9M
Q1 25
$96.6M
$125.4M
Q4 24
$86.9M
$134.5M
Q3 24
$77.4M
$137.9M
Q2 24
$68.9M
$128.1M
Net Profit
CTRE
CTRE
MCRI
MCRI
Q1 26
$27.6M
Q4 25
$111.3M
$22.9M
Q3 25
$74.9M
$31.6M
Q2 25
$68.5M
$27.0M
Q1 25
$65.8M
$19.9M
Q4 24
$52.1M
$4.2M
Q3 24
$33.4M
$27.6M
Q2 24
$10.8M
$22.7M
Gross Margin
CTRE
CTRE
MCRI
MCRI
Q1 26
Q4 25
20.8%
Q3 25
26.7%
Q2 25
25.5%
Q1 25
20.2%
Q4 24
2.9%
Q3 24
25.6%
Q2 24
23.0%
Operating Margin
CTRE
CTRE
MCRI
MCRI
Q1 26
25.6%
Q4 25
21.3%
Q3 25
58.1%
27.1%
Q2 25
61.3%
25.8%
Q1 25
20.4%
Q4 24
3.1%
Q3 24
43.0%
25.5%
Q2 24
15.1%
22.9%
Net Margin
CTRE
CTRE
MCRI
MCRI
Q1 26
20.2%
Q4 25
82.5%
16.4%
Q3 25
56.6%
22.1%
Q2 25
60.9%
19.7%
Q1 25
68.1%
15.8%
Q4 24
60.0%
3.1%
Q3 24
43.2%
20.0%
Q2 24
15.6%
17.7%
EPS (diluted)
CTRE
CTRE
MCRI
MCRI
Q1 26
$1.52
Q4 25
$0.52
$1.25
Q3 25
$0.35
$1.69
Q2 25
$0.35
$1.44
Q1 25
$0.35
$1.05
Q4 24
$0.30
$0.25
Q3 24
$0.21
$1.47
Q2 24
$0.07
$1.19

Balance Sheet & Financial Strength

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

Metric
CTRE
CTRE
MCRI
MCRI
Cash + ST InvestmentsLiquidity on hand
$198.0M
$120.1M
Total DebtLower is stronger
$894.2M
Stockholders' EquityBook value
$4.0B
$549.8M
Total Assets
$5.1B
$725.2M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTRE
CTRE
MCRI
MCRI
Q1 26
$120.1M
Q4 25
$198.0M
Q3 25
$712.5M
Q2 25
$306.1M
Q1 25
$26.5M
Q4 24
$213.8M
Q3 24
$377.1M
Q2 24
$495.1M
Total Debt
CTRE
CTRE
MCRI
MCRI
Q1 26
Q4 25
$894.2M
Q3 25
$893.8M
Q2 25
$1.2B
Q1 25
$822.1M
Q4 24
$396.9M
Q3 24
$396.7M
Q2 24
$671.1M
Stockholders' Equity
CTRE
CTRE
MCRI
MCRI
Q1 26
$549.8M
Q4 25
$4.0B
$537.7M
Q3 25
$4.0B
$558.4M
Q2 25
$3.3B
$539.2M
Q1 25
$2.9B
$535.6M
Q4 24
$2.9B
$517.7M
Q3 24
$2.4B
$513.3M
Q2 24
$1.9B
$498.4M
Total Assets
CTRE
CTRE
MCRI
MCRI
Q1 26
$725.2M
Q4 25
$5.1B
$712.8M
Q3 25
$5.1B
$725.4M
Q2 25
$4.7B
$705.8M
Q1 25
$3.9B
$712.1M
Q4 24
$3.4B
$691.6M
Q3 24
$2.9B
$671.1M
Q2 24
$2.7B
$672.4M
Debt / Equity
CTRE
CTRE
MCRI
MCRI
Q1 26
Q4 25
0.22×
Q3 25
0.22×
Q2 25
0.35×
Q1 25
0.28×
Q4 24
0.14×
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
MCRI
MCRI
Operating Cash FlowLast quarter
$394.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.54×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTRE
CTRE
MCRI
MCRI
Q1 26
Q4 25
$394.0M
$38.1M
Q3 25
$100.9M
$56.0M
Q2 25
$100.8M
$34.1M
Q1 25
$71.4M
$36.5M
Q4 24
$244.3M
$37.8M
Q3 24
$67.2M
$40.3M
Q2 24
$53.0M
$24.3M
Free Cash Flow
CTRE
CTRE
MCRI
MCRI
Q1 26
Q4 25
$32.2M
Q3 25
$53.5M
Q2 25
$26.0M
Q1 25
$16.6M
Q4 24
$26.2M
Q3 24
$35.4M
Q2 24
$11.0M
FCF Margin
CTRE
CTRE
MCRI
MCRI
Q1 26
Q4 25
23.0%
Q3 25
37.5%
Q2 25
19.0%
Q1 25
13.3%
Q4 24
19.5%
Q3 24
25.7%
Q2 24
8.5%
Capex Intensity
CTRE
CTRE
MCRI
MCRI
Q1 26
Q4 25
4.2%
Q3 25
1.7%
Q2 25
5.9%
Q1 25
15.8%
Q4 24
8.6%
Q3 24
3.6%
Q2 24
10.4%
Cash Conversion
CTRE
CTRE
MCRI
MCRI
Q1 26
Q4 25
3.54×
1.66×
Q3 25
1.35×
1.77×
Q2 25
1.47×
1.26×
Q1 25
1.08×
1.84×
Q4 24
4.68×
8.98×
Q3 24
2.01×
1.46×
Q2 24
4.92×
1.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CTRE
CTRE

Segment breakdown not available.

MCRI
MCRI

Casino$79.7M58%
Food and beverage$31.7M23%
Hotel$19.0M14%
Other$6.1M5%

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