Brookdale Senior Living, Inc. (N:BKD)

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
See Regulatory Filings on SEC
Company Contact
Address: SUITE 400, 111 WESTWOOD PLACE
BRENTWOOD TN 37027
Tel: 1-615-5648104
Website: https://www.brookdale.com
IR: See website
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Key People
Lucinda M. Baier
President, Chief Executive Officer, Director
Dawn L. Kussow
Chief Financial Officer, Executive Vice President
George Thomas Hicks
Executive Vice President - Finance, Treasurer
Chad C. White
Executive Vice President, General Counsel, Secretary
Jaclyn C. Pritchett
Executive Vice President - Human Resources
H. Todd Kaestner
Executive Vice President - Corporate Development, President - CCRCs
Laura E. Fischer
Division Vice President - West
Benjamin J. Ricci
Division Vice President - East
 
Business Overview
Brookdale Senior Living Inc. is a premier operator of senior living communities, operating and managing 652 communities in 41 states. The Company operates independent living, assisted living, memory care, and continuing care retirement communities. It operates through three segments: Assisted Living and Memory Care, continuing care retirement communities (CCRCs). The Company's Independent Living segment includes owned or leased communities that are primarily designed for middle to upper income seniors who desire to live in a residential setting that feels like home, without the efforts of ownership. The Company's Assisted Living and Memory Care segment includes owned or leased communities that offer housing and 24-hour assistance with activities of daily living for the Company's residents. The CCRCs segment includes large owned or leased communities that offer a variety of living arrangements and services to accommodate a broad spectrum of physical ability and healthcare needs.
Financial Overview
For the fiscal year ended 31 December 2023, Brookdale Senior Living, Inc. revenues increased 7% to $3.02B. Net loss decreased 21% to $189M. Revenues reflect Assisted Living segment increase of 8% to $1.97B, Independent Living segment increase of 9% to $564.5M, Utilization of Licensed Beds -%- Indepen increase of 3% to 79.4%. Lower net loss reflects Assisted Living segment income increase of 32% to $502.3M.
Employees: 25,200 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $4,791M as of Dec 31, 2023
Annual revenue (TTM): $3,016M as of Dec 31, 2023
EBITDA (TTM): $376.99M as of Dec 31, 2023
Net annual income (TTM): -$189.01M as of Dec 31, 2023
Free cash flow (TTM): -$70.86M as of Dec 31, 2023
Net Debt Last Fiscal Year: $3,541M as of Dec 31, 2023
Shares outstanding: 189,339,428 as of Feb 19, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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