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Side-by-side financial comparison of LTC PROPERTIES INC (LTC) and Porch Group, Inc. (PRCH). Click either name above to swap in a different company.
Porch Group, Inc. is the larger business by last-quarter revenue ($121.1M vs $84.3M, roughly 1.4× LTC PROPERTIES INC). LTC PROPERTIES INC runs the higher net margin — 123.0% vs -3.9%, a 126.8% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs 60.3%). Over the past eight quarters, LTC PROPERTIES INC's revenue compounded faster (28.1% CAGR vs 26.4%).
LTC Properties Inc is a U.S.-based real estate investment trust (REIT) that owns, finances, and manages seniors housing and healthcare-related real estate assets. Its core portfolio includes assisted living facilities, skilled nursing properties, memory care centers, and independent living communities for senior care and healthcare service operators.
Porch is a website that tries to connect homeowners with local home improvement contractors. The site features advice articles, cost guide, and online booking for over 160 home projects.
LTC vs PRCH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $84.3M | $121.1M |
| Net Profit | $103.7M | $-4.7M |
| Gross Margin | — | 52.7% |
| Operating Margin | — | 34.7% |
| Net Margin | 123.0% | -3.9% |
| Revenue YoY | 60.3% | 100.0% |
| Net Profit YoY | 429.1% | 2.0% |
| EPS (diluted) | $2.19 | $-0.04 |
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.
| Q1 26 | — | $121.1M | ||
| Q4 25 | $84.3M | $112.3M | ||
| Q3 25 | $69.3M | $115.1M | ||
| Q2 25 | $60.2M | $107.0M | ||
| Q1 25 | $49.0M | $84.5M | ||
| Q4 24 | $52.6M | $75.3M | ||
| Q3 24 | $55.8M | $77.7M | ||
| Q2 24 | $50.1M | $75.9M |
| Q1 26 | — | $-4.7M | ||
| Q4 25 | $103.7M | $-3.5M | ||
| Q3 25 | $-20.0M | $-10.9M | ||
| Q2 25 | $15.1M | $2.6M | ||
| Q1 25 | $20.7M | $8.4M | ||
| Q4 24 | $19.6M | $30.5M | ||
| Q3 24 | $29.4M | $14.4M | ||
| Q2 24 | $19.4M | $-64.3M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | — | 99.5% | ||
| Q3 25 | — | 75.6% | ||
| Q2 25 | — | 70.9% | ||
| Q1 25 | — | 77.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 79.4% | ||
| Q2 24 | — | 22.1% |
| Q1 26 | — | 34.7% | ||
| Q4 25 | — | 14.7% | ||
| Q3 25 | 71.9% | 14.2% | ||
| Q2 25 | 80.5% | 4.7% | ||
| Q1 25 | 37.8% | -1.5% | ||
| Q4 24 | — | 33.3% | ||
| Q3 24 | 95.5% | -3.2% | ||
| Q2 24 | 38.0% | -69.2% |
| Q1 26 | — | -3.9% | ||
| Q4 25 | 123.0% | -3.1% | ||
| Q3 25 | -28.9% | -9.4% | ||
| Q2 25 | 25.1% | 2.4% | ||
| Q1 25 | 42.2% | 9.9% | ||
| Q4 24 | 37.3% | 40.5% | ||
| Q3 24 | 52.6% | 18.5% | ||
| Q2 24 | 38.6% | -84.8% |
| Q1 26 | — | $-0.04 | ||
| Q4 25 | $2.19 | $0.00 | ||
| Q3 25 | $-0.44 | $-0.10 | ||
| Q2 25 | $0.32 | $0.00 | ||
| Q1 25 | $0.45 | $0.07 | ||
| Q4 24 | $0.38 | $0.34 | ||
| Q3 24 | $0.66 | $0.12 | ||
| Q2 24 | $0.44 | $-0.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.4M | $68.4M |
| Total DebtLower is stronger | $842.2M | $391.3M |
| Stockholders' EquityBook value | $1.1B | $26.3M |
| Total Assets | $2.1B | $806.6M |
| Debt / EquityLower = less leverage | 0.78× | 14.87× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $68.4M | ||
| Q4 25 | $14.4M | $57.3M | ||
| Q3 25 | $17.9M | $85.0M | ||
| Q2 25 | $7.6M | $79.8M | ||
| Q1 25 | $23.3M | $70.4M | ||
| Q4 24 | $9.4M | $191.7M | ||
| Q3 24 | $35.0M | $238.6M | ||
| Q2 24 | $6.2M | $308.4M |
| Q1 26 | — | $391.3M | ||
| Q4 25 | $842.2M | $392.8M | ||
| Q3 25 | $944.5M | $387.1M | ||
| Q2 25 | $696.5M | $394.1M | ||
| Q1 25 | $682.2M | $409.2M | ||
| Q4 24 | $684.6M | $403.9M | ||
| Q3 24 | $785.3M | $399.0M | ||
| Q2 24 | $861.0M | $436.8M |
| Q1 26 | — | $26.3M | ||
| Q4 25 | $1.1B | $-24.6M | ||
| Q3 25 | $957.9M | $-27.9M | ||
| Q2 25 | $957.5M | $-29.3M | ||
| Q1 25 | $961.9M | $-52.4M | ||
| Q4 24 | $960.6M | $-43.2M | ||
| Q3 24 | $947.8M | $-77.0M | ||
| Q2 24 | $889.1M | $-101.9M |
| Q1 26 | — | $806.6M | ||
| Q4 25 | $2.1B | $797.4M | ||
| Q3 25 | $2.0B | $787.7M | ||
| Q2 25 | $1.8B | $770.7M | ||
| Q1 25 | $1.8B | $802.3M | ||
| Q4 24 | $1.8B | $814.0M | ||
| Q3 24 | $1.9B | $867.3M | ||
| Q2 24 | $1.9B | $876.1M |
| Q1 26 | — | 14.87× | ||
| Q4 25 | 0.78× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 0.71× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.97× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $136.0M | — |
| Free Cash FlowOCF − Capex | $128.7M | — |
| FCF MarginFCF / Revenue | 152.7% | — |
| Capex IntensityCapex / Revenue | 8.6% | — |
| Cash ConversionOCF / Net Profit | 1.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | $220.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $136.0M | $1.2M | ||
| Q3 25 | $38.4M | $40.8M | ||
| Q2 25 | $30.0M | $35.6M | ||
| Q1 25 | $29.6M | $-11.2M | ||
| Q4 24 | $125.9M | $-26.6M | ||
| Q3 24 | $34.0M | $12.4M | ||
| Q2 24 | $37.0M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | $128.7M | $1.1M | ||
| Q3 25 | $34.3M | $40.7M | ||
| Q2 25 | $28.9M | $35.4M | ||
| Q1 25 | $28.2M | $-11.2M | ||
| Q4 24 | $112.2M | $-26.8M | ||
| Q3 24 | $27.7M | $12.2M | ||
| Q2 24 | $34.7M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | 152.7% | 1.0% | ||
| Q3 25 | 49.4% | 35.4% | ||
| Q2 25 | 47.9% | 33.0% | ||
| Q1 25 | 57.6% | -13.3% | ||
| Q4 24 | 213.4% | -35.6% | ||
| Q3 24 | 49.7% | 15.7% | ||
| Q2 24 | 69.1% | -34.3% |
| Q1 26 | — | — | ||
| Q4 25 | 8.6% | 0.1% | ||
| Q3 25 | 6.0% | 0.1% | ||
| Q2 25 | 1.9% | 0.2% | ||
| Q1 25 | 2.7% | 0.1% | ||
| Q4 24 | 26.0% | 0.3% | ||
| Q3 24 | 11.2% | 0.3% | ||
| Q2 24 | 4.6% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.31× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.99× | 13.79× | ||
| Q1 25 | 1.43× | -1.33× | ||
| Q4 24 | 6.43× | -0.87× | ||
| Q3 24 | 1.16× | 0.86× | ||
| Q2 24 | 1.91× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LTC
| Seniors Housing Operating Portfolio Segment | $72.1M | 86% |
| Other | $12.2M | 14% |
PRCH
Segment breakdown not available.
