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Companies / Real Estate / Sabra Health Care REIT, Inc.
SBRA

Sabra Health Care REIT, Inc.

Ticker SBRATUSTIN, CAFiscal year ends DecemberBook value per share $11.04Diluted shares 257.2M

Sabra Health Care REIT, Inc. (Nasdaq: SBRA) is a self-administered, self-managed real estate investment trust that owns and invests in properties serving the healthcare industry in the United States and Canada. It primarily acquires, finances and owns healthcare real estate leased to third-party operators, and also… From the company’s description.

Over the twelve months to Sep 30, 2026, Sabra Health Care REIT, Inc. reported revenue of $919.09M, up 23.4% from a year earlier, and net income of $71.27M. Its operating margin was 17.5%, and operations generated $400.58M in cash. In fiscal 2025, it reported revenue of $774.63M, up 10.2% from fiscal 2024, and net income of $155.51M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$774.63MFY2025
+10.2% year over year
Last 12 mo $919.09M
34.93%FY2025
+0.6 percentage points
Last 12 mo 17.49%
$155.51MFY2025
+22.7% year over year
Last 12 mo $71.27M
5.51%FY2025
+0.9 percentage points
Last 12 mo 2.52%
Cash & financing
$348.61MFY2025
+12.3% year over year
Last 12 mo $400.58M
$348.61MFY2025
+12.3% year over year
Last 12 mo $400.58M
0.90FY2025
Was 0.88× a year earlier
Last 12 mo 0.86
244.5MFY2025
+3.6% year over year
Last 12 mo 257.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Sabra Health Care REIT, Inc. does

In the company’s own words

Sabra Health Care REIT, Inc. (Nasdaq: SBRA) is a self-administered, self-managed real estate investment trust that owns and invests in properties serving the healthcare industry in the United States and Canada. It primarily acquires, finances and owns healthcare real estate leased to third-party operators, and also owns senior housing communities managed by third-party property managers. Its portfolio includes skilled nursing and transitional care facilities; independent, assisted living, memory care and continuing care communities; behavioral health and addiction treatment facilities; and specialty hospitals and other healthcare properties. Sabra also makes loans, preferred equity investments and joint venture investments, and pursues property development and capital improvements with operators. As of December 31, 2025, its portfolio included 360 real estate properties, 13 investments in loans receivable, four preferred equity investments and two unconsolidated joint venture investments. The company’s property portfolio is organized around leased properties, managed senior housing communities and other investment types, rather than reportable business segments. Its website is www.sabrahealth.com.

Company details
Sector
Real Estate
Industry (SIC)
REITs
Headquarters
TUSTIN, CA
Fiscal year end
December
CIK
1492298
SIC
6798

Financial performance, year by year

Fiscal 2011–2025 · USD
$-216.49M$93.21M$402.92M$712.62M$1.02B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Sabra Health Care REIT, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

398
funds hold it
0 of 35
superinvestors hold it
$2.31B
held by funds, at market
44.1%
of shares held by funds
2
bond issues held by funds

Largest fund holders · Sabra Health Care REIT, Inc.’s weight in each

VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.14%of fund net assets
Real Estate Securities Fund
PRERX · Principal Funds, Inc
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.15%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Sabra Health Care REIT, Inc.’s bonds, as funds hold them

Funds report holding 2 issues of Sabra Health Care REIT, Inc.’s debt, $553.50M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.35%, maturing 2029 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Sabra Health Care REIT, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Sabra Health Care REIT, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Sabra Health Care REIT, Inc.'s last four quarterly filings that the numbers alone won't show?”
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