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 |
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 |