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SILA

Sila Realty Trust, Inc.

SILA

Sila Realty Trust, Inc. • NYSE
$23.92 ▲ 0.50% (+0.12)
Market Cap $1.32 B
52w High $27.50
52w Low $22.52
Dividend Yield 1.60%
P/E 33.69
Volume 116.12K
Outstanding Shares 55.12M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $49.848M ▲ $27.615M ▲ $11.609M ▲ 23.289% ▲ $0.21 ▲ $31.005M ▼
Q2-2025 $48.732M ▲ $23.318M ▼ $8.598M ▲ 17.643% ▲ $0.16 ▲ $34.662M ▲
Q1-2025 $48.256M ▲ $23.46M ▼ $7.898M ▼ 16.367% ▼ $0.14 ▼ $33.211M ▼
Q4-2024 $46.545M ▲ $24.76M ▲ $11.114M ▼ 23.878% ▼ $0.2 ▼ $34.319M ▼
Q3-2024 $46.118M $22.665M $11.935M 25.879% $0.21 $35.268M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $27.709M ▲ $2.106B ▲ $757.826M ▲ $1.348B ▼
Q2-2025 $24.832M ▼ $2.019B ▲ $661.368M ▲ $1.358B ▼
Q1-2025 $30.458M ▼ $2.015B ▲ $633.167M ▲ $1.382B ▼
Q4-2024 $39.844M ▲ $2.007B ▼ $603.889M ▼ $1.403B ▲
Q3-2024 $28.606M $2.007B $606.958M $1.4B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $11.609M ▲ $0 ▼ $0 ▲ $0 ▲ $0 ▲ $0 ▼
Q2-2025 $8.598M ▲ $31.925M ▲ $-32.059M ▲ $-5.492M ▼ $-5.626M ▲ $31.385M ▲
Q1-2025 $7.898M ▼ $24.129M ▼ $-36.042M ▼ $2.527M ▲ $-9.386M ▼ $23.552M ▼
Q4-2024 $11.114M ▼ $35.58M ▲ $-663K ▲ $-23.679M ▲ $11.238M ▲ $33.691M ▲
Q3-2024 $11.855M $29.055M $-13.669M $-73.917M $-58.365M $28.818M

Five-Year Company Overview

Income Statement

Income Statement Sila’s income statement shows a business built for stability rather than rapid growth. Rental revenue has inched up over time and appears steady, reflecting long-term leases and high occupancy rather than big expansion moves. Profitability at the property level looks solid, with healthy margins typical of a net-lease REIT. The main bumpiness shows up in net income, which was distorted by a very large gain a few years ago and a small loss the following year, likely tied to portfolio reshaping or one-off items. More recently, earnings have returned to modest but improving profitability, suggesting a reasonably stable underlying franchise, even if reported profits can swing when properties are bought or sold.

Balance Sheet

Balance Sheet The balance sheet reflects a relatively conservative real estate owner that has already done a major portfolio repositioning. Total assets have edged down from earlier peaks, implying Sila has sold or rebalanced properties rather than simply adding more and more real estate. Debt levels moved up from very low a few years ago to more typical levels for a REIT, but external commentary still characterizes leverage as restrained, which can be a cushion during downturns. Equity has drifted slightly lower over time, but not dramatically, pointing to a generally intact capital base. Cash balances move around from year to year, which is common for REITs that rely on credit lines and capital markets rather than holding large idle cash reserves; this just means liquidity needs to be watched alongside access to financing.

Cash Flow

Cash Flow Cash flow is a relative strength. Operating cash flow has been consistently positive and fairly steady, which aligns with long-term leases and predictable rent collections. After modest capital spending, free cash flow remains solidly positive, indicating that the current portfolio more than supports its upkeep and basic investment needs. Capital expenditures look light, which fits a triple-net model where tenants shoulder many property costs. Overall, the cash flow profile supports the idea of a steady income vehicle, though large acquisitions or balance-sheet moves would still depend on outside funding conditions and management’s capital-raising choices.

Competitive Edge

Competitive Edge Sila’s edge comes from being a pure-play healthcare REIT with deep specialization rather than a broad real estate landlord. Focusing only on healthcare facilities gives it detailed knowledge of operators, regulations, and local market dynamics that can be hard for generalist REITs to match. Long-term triple-net leases shift many property costs to tenants and create predictable rent streams, which is attractive in a sector benefiting from aging demographics and rising demand for care. Strong relationships with healthcare operators and developers can also open the door to off-market deals and repeat business, reinforcing its niche. On the risk side, the company is heavily exposed to healthcare policy, reimbursement changes, and the financial health of a relatively concentrated tenant base, and it competes with much larger healthcare REITs that may have lower funding costs.

Innovation and R&D

Innovation and R&D Innovation at Sila is mostly strategic and financial, not technological. The company differentiates itself by acting as a capital partner to healthcare providers, using tools like sale-leasebacks and mezzanine loans to help operators grow while Sila secures long-term real estate income. Its focus on the full “continuum of care” and lower-cost care settings suggests a thoughtful reading of where healthcare demand is heading and where new facilities will be needed. Management highlights a disciplined, data-informed underwriting process rather than flashy tech, and has formal IT and cybersecurity functions to safeguard operations. While there is no substantial R&D in the traditional sense, Sila could incrementally benefit from adopting property technology and data analytics over time, though this upside is more an opportunity than a current defining strength.

Summary

Overall, Sila Realty Trust comes across as a focused, income-oriented healthcare REIT with stable cash generation and a conservative financial posture. Its greatest strengths are specialization in healthcare properties, long-term triple-net leases, and deep relationships with operators, all supported by steady operating cash flow. Financial statements show modest revenue growth and solid property-level margins, with reported earnings sometimes distorted by one-off gains and portfolio moves. The balance sheet and cash flows look sensible for a REIT, though ongoing access to capital markets and careful leverage management remain critical. The main uncertainties revolve around healthcare policy, tenant concentration, interest-rate sensitivity, and execution of its “smart growth” strategy as a newly listed company. For observers, Sila is best viewed as a niche, stability-seeking platform in a demographically supported sector, rather than a high-growth or tech-driven story.

NEWS

November 4, 2025 · 4:34 PM UTC

Sila Realty Trust Announces Third Quarter 2025 Results

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October 14, 2025 · 4:30 PM UTC

Sila Realty Trust Announces Third Quarter 2025 Earnings Release Date and Conference Call

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September 8, 2025 · 6:30 AM UTC

Sila Realty Trust Completes Acquisition of a Two-Property Inpatient Rehabilitation Facility Portfolio for $70.3 Million

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