Unless otherwise specified, references to "Brookdale," "we," "us," "our," or "the Company" in this Annual Report on Form 10-K mean Brookdale Senior Living Inc. together with its consolidated subsidiaries. Our Business We are the nation's premier operator of senior living communities, operating and managing 584 communities in 41 states as of December 31, 2025, with the ability to serve approximately 51,000 residents. We offer our residents access to a broad continuum of services across the most attractive sectors of the senior living industry. We operate and manage independent living, assisted living, memory care, and continuing care retirement communities ("CCRCs"). As of December 31, 2025, we owned 370 communities (33,262 units), leased 178 communities (10,608 units), and managed 36 communities (4,374 units). Our senior living communities and our comprehensive network help to provide seniors with care, connection, and services in an environment that feels like home.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 3.2B | 3.2B | 3.1B | 3.0B | 2.8B | 2.8B |
| Net Income | -263M | -263M | -202M | -189M | -238M | -99M |
| EPS | $-1.12 | $-1.12 | $-0.89 | $-0.84 | $-1.25 | $-0.54 |
| Free Cash Flow | 17M | 17M | -35M | -70M | -194M | -271M |
| ROIC | 0.2% | 0.3% | 0.9% | 0.4% | -1.0% | -2.2% |
| Gross Margin | 26.2% | 26.2% | 25.6% | 24.8% | 21.0% | 18.2% |
| Debt/Equity | 0.00 | -124.42 | 25.36 | 11.33 | 7.97 | 6.70 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 13M | 13M | 47M | 18M | -43M | -217M |
| Operating Margin | 0.4% | 0.4% | 1.5% | 0.6% | -1.5% | -7.9% |
| ROE | 0.0% | -313.2% | -95.0% | -38.3% | -37.3% | -13.3% |
| Shares Outstanding | 235M | 235M | 227M | 225M | 191M | 184M |
Brookdale Senior Living Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 200.5x vs a median of 40.9x. The company's 5-year average gross margin is 23.2%. At current prices, the estimated annualized return to fair value is -8.3%.
Brookdale Senior Living Inc. (BKD) has a 5-year average return on invested capital (ROIC) of -0.3%. This is below average and may indicate limited pricing power.
Brookdale Senior Living Inc. (BKD) has a market capitalization of $3.3B. It is classified as a mid-cap stock.
Brookdale Senior Living Inc. (BKD) does not currently pay a regular dividend.
Brookdale Senior Living Inc. (BKD) operates in the Services-Nursing & Personal Care Facilities industry, within the Healthcare sector.
Brookdale Senior Living Inc. (BKD) reported annual revenue of $3.2 billion in its most recent fiscal year, based on SEC EDGAR filings.
Brookdale Senior Living Inc. (BKD) has a net profit margin of -8.2%. The company is currently unprofitable.
Brookdale Senior Living Inc. (BKD) generated $17 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Brookdale Senior Living Inc. (BKD) reported earnings per share (EPS) of $-1.12 in its most recent fiscal year.
Brookdale Senior Living Inc. (BKD) has a return on equity (ROE) of -313.2%. A negative ROE may indicate losses or negative equity.
Brookdale Senior Living Inc. (BKD) has a 5-year average gross margin of 23.2%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 18 years of financial data for Brookdale Senior Living Inc. (BKD), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Brookdale Senior Living Inc. (BKD) has a book value per share of $-0.19, based on its most recent annual SEC filing.