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

Sabra Health Care REIT, Inc.

Real EstateREITs
Ticker SBRATUSTIN, CAFiscal year ends DecemberBook value per share $10.76Diluted shares 255.8M

Sabra Health Care REIT, Inc. (NASDAQ: SABRA) operates as a self-administered, self-managed real estate investment trust that owns and invests in healthcare properties throughout the United States and Canada. The company's website is www.sabrahealth.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$774.63M
+10.2% year over year
Last 12 mo $859.56M
0.00%
$155.51M
+22.7% year over year
Last 12 mo $65.23M
5.51%
+0.9 percentage points
Last 12 mo 2.38%
Cash & financing
$348.61M
+12.3% year over year
Last 12 mo $371.57M
$348.61M
+12.3% year over year
Last 12 mo $371.57M
0.90
Was 0.88× a year earlier
Last 12 mo 0.95
244.5M
+3.6% year over year
Last 12 mo 255.8M

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: SABRA) operates as a self-administered, self-managed real estate investment trust that owns and invests in healthcare properties throughout the United States and Canada. The company's website is www.sabrahealth.com.

Sabra's primary business consists of acquiring, financing, and owning real estate properties leased to third-party healthcare operators and managing senior housing communities through property management agreements. The company generates revenues primarily through triple-net leases where tenants assume responsibility for maintenance, insurance, taxes, and utilities, as well as through management fees from operated communities.

As of December 31, 2025, Sabra's investment portfolio comprises 360 real estate properties held for investment, 13 loans receivable, four preferred equity investments, and two unconsolidated joint ventures. The portfolio contains approximately 36,412 beds and units across diverse healthcare facility types. Skilled nursing and transitional care facilities represent the largest segment at 64.7 percent of beds and units, followed by senior housing managed communities at 23.8 percent, senior housing leased at 7.3 percent, behavioral health facilities at 3.1 percent, and specialty hospitals and other facilities at 1.1 percent.

Geographically, Sabra maintains a diversified presence across multiple states and Canada, with Texas representing the largest concentration at 15.8 percent of total beds and units. The company employs 58 full-time employees and maintains relationships with 61 different operators and tenants.

Sabra's competitive strengths include its geographically diverse property portfolio, long-term triple-net lease structures with weighted-average remaining terms of seven years, direct operational exposure through senior housing managed communities, strong relationships with qualified healthcare operators, and significant experience in proactive asset management. The company pursues strategies focused on opportunistic acquisitions, portfolio diversification by tenant and facility type, balance sheet strength and liquidity maintenance, development of new investment relationships, and strategic capital improvements to support tenant growth.

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

Financial performance, year by year

Fiscal 2013–2025 · USD
$-210.54M$81.31M$373.15M$665.00M$956.84M2013201420152016201720182019202020212022202320242025Last 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

397
funds hold it
0 of 35
superinvestors hold it
$2.31B
held by funds, at market
45.3%
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
0.27%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
2.48%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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