EARNINGS PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Reconciliation of Weighted-Average Common Shares Outstanding Used in Calculation of Basic EPS to Diluted EPS

The following table presents the calculation of basic and diluted earnings per common share attributable to CareTrust REIT, Inc. (“EPS”) for the Company’s common stock for the years ended December 31, 2025, 2024 and 2023, and reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS for the years ended December 31, 2025, 2024 and 2023 (amounts in thousands, except per share amounts):

 

	Year Ended December 31,
	2025		2024		2023
Numerator:
Net income attributable to CareTrust REIT, Inc.	$	320,538	$	125,080	$	53,735
Less: Net income allocated to participating securities	(739)		(445)		(400)
Numerator for basic and diluted earnings available to common stockholders	$	319,799	$	124,635	$	53,335
Denominator:
Weighted-average basic common shares outstanding	203,642		154,795		105,956
Dilutive potential common shares - TSR Units	442		372		164
Dilutive potential common shares - forward equity agreements	7		—		32
Weighted-average diluted common shares outstanding	204,091		155,167		106,152
Earnings per common share attributable to CareTrust REIT, Inc., basic	$	1.57	$	0.81	$	0.50
Earnings per common share attributable to CareTrust REIT, Inc., diluted	$	1.57	$	0.80	$	0.50
Antidilutive unvested restricted stock awards, total shareholder units, performance awards, and forward equity shares excluded from the computation	554		553		475