Quality Care Properties, Inc.

Quality Care Properties, Inc.

QCP
Quality Care Properties, Inc.US flagNew York Stock Exchange
20.74
USD
+0.04
- -
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
TTM
Revenue per Share
6.05
44.31
6.15
5.03
3.4
2.99
Basic EPS, GAAP
3.56
-4.21
1.21
0.87
-4.74
-5.35
Free Cash Flow per Basic Share
5.29
1.39
5.17
4.47
1.48
1.02
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
-1.38
-6.12
-6.34
Tangible Book Value per Share
- -
57.61
51.84
30.1
25.89
26.08
Basic Weighted Avg Shares
94
94
94
94
94
94
Sales/Revenue/Turnover
566
4,146
576
471
318
280
Operating Margin (%)
50.61
10.37
52.72
59.39
49.38
39.99
Depreciation Expense
248
144
245
166
132
128
Net Income, GAAP
333
-394
113
81
-444
-501
Effective Tax Rate (%)
0.2
- -
0.7
17.73
- -
- -
Profit Margin (%)
58.89
-9.49
19.66
17.22
-139.26
-178.72
Working Capital
- -
383
217
106
299
672
LT Debt
- -
- -
- -
1,713
1,762
1,762
Total Equity
- -
5,658
5,087
3,035
2,599
2,581
Return on Invested Capital (%)
- -
- -
5.61
4.66
- -
- -
Return on Capital (%)
- -
- -
- -
12.63
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'17
Dec'17
Mar'18
ST Debt
75
75
- -
LT Borrowings
1,762
1,762
1,762
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
2
2
2
Shares Outstanding
94
94
94
Market Capitalization
1,451
1,293
1,819

Working Capital

FRC

in mil. unless spec.
Sep'17
Dec'17
Mar'18
Total Current Assets
315
328
712
Cash, Cash Equivalents & STI
312
326
352
Accounts Receivable, Net
3
2
2
Inventories
- -
- -
- -
Total Current Liabilities
42
29
40
Payables & Accruals
35
21
35
ST Debt
75
75
- -
Deferred Revenue
7
8
5

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-14.37%
Free Cash Flow
- -
- -
-66.95%
Net Income, GAAP
- -
- -
-646.6%
Sales/Revenue/Turnover
- -
- -
-32.4%
Total Cash Common Dividend
- -
- -
-78.5%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
120
124
124
104
471
2017
113
79
56
71
318
2018
74
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
1.07
0.89
0.57
- -
0.87
2017
0.39
-4.12
-0.36
- -
-4.74
2018
-0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
- -
- -
- -
- -
- -
2017
- -
- -
- -
- -
- -
2018
- -
- -
- -
- -
- -

Company Description

APIChat
Sector
Real Estate
Industry
REIT - Healthcare Facilities
Address
IPO Date
Oct 20, 2016
Business
Quality Care Properties, Inc. (NYSE: QCP) operates as a self-managed real estate investment trust focused on owning and leasing healthcare properties, including post-acute and skilled nursing facilities; memory care and assisted living properties; surgical hospitals; and medical office buildings across 29 states in the United States. The company maintains a portfolio comprising 257 post-acute/skilled nursing properties and 61 memory care/assisted living properties, with its primary tenant historically including HCR ManorCare, a leading operator of skilled nursing, assisted living, memory care, hospice, and home health services. Founded in 2016 through a spin-off from HCP, Inc., Quality Care Properties is headquartered in Bethesda, Maryland. In recent years, the company entered definitive agreements for its acquisition by Welltower Inc. and ProMedica Health System, completed in July 2018 for approximately $4.4 billion, under which Welltower acquired QCP's real estate assets in a joint venture structure while ProMedica took over HCR ManorCare operations; this transaction marked a significant strategic shift from REIT status and portfolio repositioning. Although marked as potentially delisted on some exchanges, QCP shares continue to appear in select trading platforms at around $20.74 with a market capitalization of approximately $1.95 billion as of late 2025, reflecting ongoing market interest post-acquisition. The company targets operators in the post-acute care sector, emphasizing actively managed properties leased to national healthcare providers.