Brookdale Senior Living (BKD) AI Stock Analysis

• Market Cap: $2.65B
• Dividend Yield: N/A
• Average Volume (3M): 3.67M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.14
• Revenue Growth: 3.93%
• EPS Growth: -42.22%
• Country: US
• Employees: 24,480
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Care Facilities
• EPS (TTM): -0.48
• Shares Outstanding: 237,655,400
• 10 Day Avg. Volume: 3,080,976
• 30 Day Avg. Volume: 3,669,173
• PEG Ratio: -0.95
• Price to Book (P/B): 5.39
• Price to Sales (P/S): 0.38
• P/FCF Ratio: -32.63
• Enterprise Value/Market Cap: 1.09
• Enterprise Value/Revenue: 0.92
• Enterprise Value/Gross Profit: 3.40
• Enterprise Value/Ebitda: 6.53
• 1Y Price Target: $13.33
• Price Target Upside: 19.66% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: $11.50 ▲(3.23% Upside)

The score is held back primarily by weak profitability and high leverage/negative equity, despite improving cash flow. Offsetting these risks are strong technical momentum and a positive earnings narrative with raised adjusted EBITDA guidance and improving occupancy, supported by favorable recent corporate updates.

Positive Factors

Occupancy Recovery

Sustained occupancy gains improve revenue stability and utilization across Brookdale's portfolio. Higher occupancy increases operating leverage and recurring cash inflows, supporting margin recovery and cash generation over the next several quarters as demand normalizes in senior housing.

EBITDA and Cash Flow Improvement

Material growth in adjusted EBITDA and sharply higher free cash flow signal operational progress and stronger cash conversion. Durable improvements in underlying cash generation enhance the company's ability to service debt, reinvest in communities, and pursue deleveraging over the medium term.

Experienced Operating Leadership

Installing a seasoned COO with deep operational experience can accelerate execution of regional structure changes and SWAT initiatives. Better on-site decision-making and operational oversight should sustainably boost occupancy, resident satisfaction, and margin expansion over months to years.

Negative Factors

High Leverage and Negative Equity

Very high leverage and negative equity materially constrain financial flexibility. Interest and refinancing risk can erode cash available for operations or capital projects, limiting strategic choices and increasing vulnerability to adverse demand or cost shocks over the medium term.

Weak Profitability and Declining Margins

Persistent negative net margins and a declining gross margin indicate structural profitability issues. Until margins recover sustainably, Brookdale will struggle to convert revenue into retained earnings, slowing deleveraging and investment capacity despite EBITDA and occupancy momentum.

Portfolio Exit Execution Risk

Selling or exiting many leased assets can improve long-term metrics but creates transitional revenue and execution risks. Resident relocations, lease termination costs and timing mismatches can depress cash flow and occupancy transiently, testing operational execution and financial resilience.

Brookdale Senior Living Business Overview & Revenue Model

Company Description

Brookdale Senior Living Inc. owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors. The Assisted Living and Memory Care segment owns or leases communities consisting of freestanding multi-story communities and freestanding single-story communities, which offer housing and 24-hour assistance with activities of daily living for the Company's residents. This segment also operates memory care communities for residents with Alzheimer's and other dementias. The CCRCs segment owns or leases communities that provides various living arrangements, such as independent and assisted living, memory care, and skilled nursing; and services to accommodate various levels of physical ability and healthcare needs. It also manages communities on behalf of others. As of December 31, 2021, the company owned 347 communities, leased 299 communities, and managed 33 communities on behalf of others. Brookdale Senior Living Inc. was incorporated in 2005 and is headquartered in Brentwood, Tennessee.

How the Company Makes Money

Brookdale Senior Living generates revenue primarily through the fees charged for its various senior living services. The company operates on a rental model where residents pay monthly fees that cover accommodations, amenities, and care services. Key revenue streams include independent living, assisted living, memory care, and skilled nursing facilities. Additionally, Brookdale may earn revenue from ancillary services such as rehabilitation and therapy. The company also benefits from partnerships with healthcare providers, insurance companies, and government programs, which can enhance its service offerings and patient referrals, contributing to its overall earnings.

Brookdale Senior Living Financial Statement Overview

Summary

Brookdale Senior Living faces significant financial challenges, particularly in profitability and leverage. The income statement shows weak profitability with a negative net profit margin and declining gross profit margin. The balance sheet reveals high financial leverage and negative stockholders' equity, indicating financial instability. Although cash flow management shows improvement with substantial free cash flow growth, overall financial health remains a concern.

Income Statement

Brookdale Senior Living's income statement shows a mixed performance. The TTM data indicates a slight revenue growth of 2.16%, but the company is struggling with profitability, as evidenced by a negative net profit margin of -9.73% and a declining gross profit margin. The EBIT margin is also low, indicating operational challenges. Despite a positive EBITDA margin, the overall profitability remains weak.

Balance Sheet

The balance sheet reveals significant financial leverage with a high debt-to-equity ratio of -171.10 in the TTM period, indicating potential financial risk. The negative stockholders' equity and return on equity suggest financial instability. The equity ratio is also concerning, reflecting a high reliance on debt financing.

Cash Flow

The cash flow statement shows some positive trends, with a substantial free cash flow growth rate of 381.44% in the TTM period. However, the operating cash flow to net income ratio is moderate at 0.36, and the free cash flow to net income ratio indicates limited cash generation relative to net losses. Overall, cash flow management shows improvement but remains a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.12B	2.98B	2.87B	2.74B	2.75B	3.02B
Gross Profit	847.98M	807.43M	744.71M	513.94M	488.58M	700.64M
EBITDA	441.27M	420.80M	369.29M	319.92M	425.07M	256.69M
Net Income	-306.65M	-201.94M	-189.01M	-238.43M	-99.29M	82.02M
Balance Sheet
Total Assets	6.01B	6.34B	5.57B	5.94B	6.41B	6.90B
Cash, Cash Equivalents and Short-Term Investments	253.45M	328.80M	307.73M	447.53M	529.42M	553.33M
Total Debt	5.50B	5.65B	4.73B	4.89B	5.23B	5.61B
Total Liabilities	6.02B	6.12B	5.17B	5.35B	5.71B	6.10B
Stockholders Equity	-6.73M	212.47M	403.66M	582.61M	697.40M	800.43M
Cash Flow
Free Cash Flow	40.50M	-35.07M	-70.28M	-193.64M	-271.29M	19.78M
Operating Cash Flow	228.69M	166.18M	162.92M	3.28M	-94.63M	205.65M
Investing Cash Flow	-555.90M	-278.07M	-113.36M	-67.43M	181.46M	-425.11M
Financing Cash Flow	326.49M	142.06M	-174.44M	100.38M	-113.66M	382.91M

Brookdale Senior Living Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BKD, the sentiment is Positive. The current price of 11.14 is above the 20-day moving average (MA) of 10.91, above the 50-day MA of 10.60, and above the 200-day MA of 8.13, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 60.56 is Neutral, neither overbought nor oversold. The STOCH value of 52.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BKD.

Brookdale Senior Living Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADUS	74 Outperform	$2.04B	23.50	8.58%	―	18.77%	6.88%
NHC	74 Outperform	$2.10B	20.88	9.94%	1.80%	23.74%	-18.99%
PNTG	73 Outperform	$996.99M	39.52	10.87%	―	29.89%	10.33%
ASTH	62 Neutral	$1.29B	144.11	1.29%	―	68.17%	-85.42%
BKD	59 Neutral	$2.65B	-8.56	-214.33%	―	3.93%	-42.22%
AVAH	52 Neutral	$1.95B	27.11	―	―	15.48%	―
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%

Brookdale Senior Living Corporate Events

Brookdale Senior Living Reports Strong Occupancy Momentum Into 2026

On January 12, 2026, Brookdale Senior Living reported that its consolidated weighted average occupancy reached 82.5% in the fourth quarter of 2025, a 70-basis-point increase over the third quarter and a 310-basis-point gain year-on-year, underscoring a sustained recovery in utilization across its senior housing portfolio. December 2025 performance was particularly strong, with consolidated weighted average occupancy of 82.4% up 310 basis points from a year earlier and month-end occupancy rising 30 basis points sequentially, driven by unusually robust move-in and move-out activity for a typically weaker month, suggesting solid momentum heading into 2026 and potentially strengthening Brookdale’s operating leverage and competitive position in the senior living market.

The most recent analyst rating on (BKD) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Brookdale Senior Living stock, see the BKD Stock Forecast page.

Brookdale Senior Living Appoints New COO

Brookdale Senior Living announced the appointment of Mary Sue Patchett as Executive Vice President and Chief Operating Officer, effective December 1, 2025. Patchett, who has 40 years of experience in senior living operations, previously held various leadership roles within the company and was instrumental in redesigning its regional operating structure. Her appointment is seen as a strategic move to enhance Brookdale’s operational performance and agility, with a focus on improving decision-making and resource allocation closer to residents, thereby enriching the lives of seniors and their families.

The most recent analyst rating on (BKD) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Brookdale Senior Living stock, see the BKD Stock Forecast page.

Brookdale Senior Living Reports Q3 2025 Financial Results

Brookdale Senior Living reported its third-quarter 2025 results, showing a significant increase in occupancy rates and adjusted EBITDA. Despite a net loss of $114.7 million due to a non-cash impairment charge, the company experienced a 20.4% growth in adjusted EBITDA and improved cash flow, reflecting strong demand for senior living services and strategic focus on profitability.

The most recent analyst rating on (BKD) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Brookdale Senior Living stock, see the BKD Stock Forecast page.