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Side-by-side financial comparison of LTC PROPERTIES INC (LTC) and Telesat Corp (TSAT). Click either name above to swap in a different company.

LTC PROPERTIES INC is the larger business by last-quarter revenue ($84.3M vs $73.8M, roughly 1.1× Telesat Corp). LTC PROPERTIES INC runs the higher net margin — 123.0% vs -119.8%, a 242.8% gap on every dollar of revenue. Over the past eight quarters, LTC PROPERTIES INC's revenue compounded faster (28.1% CAGR vs -64.0%).

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.

Telesat, formerly Telesat Canada, is a Canadian satellite communications company founded on May 2, 1969. The company is headquartered in Ottawa.

LTC vs TSAT — Head-to-Head

Bigger by revenue
LTC
LTC
1.1× larger
LTC
$84.3M
$73.8M
TSAT
Higher net margin
LTC
LTC
242.8% more per $
LTC
123.0%
-119.8%
TSAT
Faster 2-yr revenue CAGR
LTC
LTC
Annualised
LTC
28.1%
-64.0%
TSAT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
LTC
LTC
TSAT
TSAT
Revenue
$84.3M
$73.8M
Net Profit
$103.7M
$-88.4M
Gross Margin
95.3%
Operating Margin
5.9%
Net Margin
123.0%
-119.8%
Revenue YoY
60.3%
Net Profit YoY
429.1%
EPS (diluted)
$2.19

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
LTC
LTC
TSAT
TSAT
Q4 25
$84.3M
Q3 25
$69.3M
$73.8M
Q2 25
$60.2M
$77.5M
Q1 25
$49.0M
$152.2M
Q4 24
$52.6M
Q3 24
$55.8M
Q2 24
$50.1M
$363.2M
Q1 24
$51.4M
Net Profit
LTC
LTC
TSAT
TSAT
Q4 25
$103.7M
Q3 25
$-20.0M
$-88.4M
Q2 25
$15.1M
$55.1M
Q1 25
$20.7M
$-52.3M
Q4 24
$19.6M
Q3 24
$29.4M
Q2 24
$19.4M
$547.4M
Q1 24
$24.2M
Gross Margin
LTC
LTC
TSAT
TSAT
Q4 25
Q3 25
95.3%
Q2 25
95.9%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
LTC
LTC
TSAT
TSAT
Q4 25
Q3 25
71.9%
5.9%
Q2 25
80.5%
16.8%
Q1 25
37.8%
Q4 24
Q3 24
95.5%
Q2 24
38.0%
Q1 24
47.3%
Net Margin
LTC
LTC
TSAT
TSAT
Q4 25
123.0%
Q3 25
-28.9%
-119.8%
Q2 25
25.1%
71.2%
Q1 25
42.2%
-34.4%
Q4 24
37.3%
Q3 24
52.6%
Q2 24
38.6%
150.7%
Q1 24
47.2%
EPS (diluted)
LTC
LTC
TSAT
TSAT
Q4 25
$2.19
Q3 25
$-0.44
Q2 25
$0.32
Q1 25
$0.45
Q4 24
$0.38
Q3 24
$0.66
Q2 24
$0.44
Q1 24
$0.56

Balance Sheet & Financial Strength

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

Metric
LTC
LTC
TSAT
TSAT
Cash + ST InvestmentsLiquidity on hand
$14.4M
$352.3M
Total DebtLower is stronger
$842.2M
Stockholders' EquityBook value
$1.1B
$1.6B
Total Assets
$2.1B
$5.1B
Debt / EquityLower = less leverage
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LTC
LTC
TSAT
TSAT
Q4 25
$14.4M
Q3 25
$17.9M
$352.3M
Q2 25
$7.6M
$399.6M
Q1 25
$23.3M
$552.1M
Q4 24
$9.4M
Q3 24
$35.0M
Q2 24
$6.2M
$1.7B
Q1 24
$9.0M
Total Debt
LTC
LTC
TSAT
TSAT
Q4 25
$842.2M
Q3 25
$944.5M
Q2 25
$696.5M
Q1 25
$682.2M
Q4 24
$684.6M
Q3 24
$785.3M
Q2 24
$861.0M
Q1 24
$860.2M
Stockholders' Equity
LTC
LTC
TSAT
TSAT
Q4 25
$1.1B
Q3 25
$957.9M
$1.6B
Q2 25
$957.5M
$1.7B
Q1 25
$961.9M
$2.5B
Q4 24
$960.6M
Q3 24
$947.8M
Q2 24
$889.1M
$2.4B
Q1 24
$886.2M
Total Assets
LTC
LTC
TSAT
TSAT
Q4 25
$2.1B
Q3 25
$2.0B
$5.1B
Q2 25
$1.8B
$4.9B
Q1 25
$1.8B
$6.9B
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$1.9B
$6.3B
Q1 24
$1.8B
Debt / Equity
LTC
LTC
TSAT
TSAT
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×
Q1 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
LTC
LTC
TSAT
TSAT
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.

Operating Cash Flow
LTC
LTC
TSAT
TSAT
Q4 25
$136.0M
Q3 25
$38.4M
Q2 25
$30.0M
Q1 25
$29.6M
Q4 24
$125.9M
Q3 24
$34.0M
Q2 24
$37.0M
Q1 24
$21.1M
Free Cash Flow
LTC
LTC
TSAT
TSAT
Q4 25
$128.7M
Q3 25
$34.3M
Q2 25
$28.9M
Q1 25
$28.2M
Q4 24
$112.2M
Q3 24
$27.7M
Q2 24
$34.7M
Q1 24
$19.7M
FCF Margin
LTC
LTC
TSAT
TSAT
Q4 25
152.7%
Q3 25
49.4%
Q2 25
47.9%
Q1 25
57.6%
Q4 24
213.4%
Q3 24
49.7%
Q2 24
69.1%
Q1 24
38.4%
Capex Intensity
LTC
LTC
TSAT
TSAT
Q4 25
8.6%
Q3 25
6.0%
Q2 25
1.9%
Q1 25
2.7%
Q4 24
26.0%
Q3 24
11.2%
Q2 24
4.6%
Q1 24
2.6%
Cash Conversion
LTC
LTC
TSAT
TSAT
Q4 25
1.31×
Q3 25
Q2 25
1.99×
Q1 25
1.43×
Q4 24
6.43×
Q3 24
1.16×
Q2 24
1.91×
Q1 24
0.87×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LTC
LTC

Seniors Housing Operating Portfolio Segment$72.1M86%
Other$12.2M14%

TSAT
TSAT

Segment breakdown not available.

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