📊 BKD Key Takeaways
Investment Thesis
Brookdale is in severe financial distress with negative stockholders equity of -$44.8M, indicating the company is technically insolvent on a book value basis. The company is unprofitable with a -8.2% net margin, generates minimal operating income of only $13.5M on $3.2B revenue, and has dangerously low interest coverage of 0.1x, making debt service unsustainable. While operating cash flow of $218M provides a temporary cushion, the combination of negative equity, negative profitability, high leverage, and deteriorating liquidity ratios signals imminent financial distress.
BKD Strengths
- Positive operating cash flow of $218M demonstrates some underlying cash generation despite accounting losses
- Revenue growth of 2.2% YoY shows the business maintains modest top-line expansion in a mature sector
- Cash position of $279.1M provides short-term liquidity buffer for immediate obligations
BKD Risks
- Negative stockholders equity of -$44.8M indicates technical insolvency and elimination of equity cushion; any further losses could trigger covenant violations
- Interest coverage ratio of 0.1x is critically low; operating income of $13.5M cannot service $4.3B long-term debt, indicating refinancing risk or default potential
- Net loss of -$262.7M with -8.2% net margin shows core operations are value-destructive; negative ROA of -4.4% and current ratio of 0.98x indicate deteriorating financial health
- High leverage with liabilities equaling total assets leaves no margin for error; any operational deterioration or market downturn could trigger liquidity crisis
Key Metrics to Watch
- Interest coverage ratio trend - any further decline below 0.5x signals imminent default risk
- Operating cash flow sustainability - watch if OCF begins declining as it may not offset capex obligations
- Debt refinancing ability and covenant compliance status - critical given negative equity and weak coverage ratios
- Path to profitability and operating margin expansion - company must achieve sustained positive net income to restore equity
BKD Financial Metrics
💡 AI Analyst Insight
The relatively thin 0.5% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.
BKD Profitability Ratios
BKD vs Default Sector
How Brookdale Senior Living Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BKD Balance Sheet & Liquidity
BKD 5-Year Financial Trend
5-Year Trend Summary: Brookdale Senior Living Inc.'s revenue has declined by 21% over the 5-year period, indicating business contraction. The most recent EPS of $-0.84 indicates the company is currently unprofitable.
BKD Growth Metrics (YoY)
BKD Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $784.2M | -$50.7M | $-0.22 |
| Q2 2025 | $777.5M | -$37.7M | $-0.17 |
| Q1 2025 | $782.8M | -$29.6M | $-0.13 |
| Q3 2024 | $757.3M | -$48.8M | $-0.22 |
| Q2 2024 | $750.8M | -$4.5M | $-0.02 |
| Q1 2024 | $753.3M | -$29.6M | $-0.13 |
| Q3 2023 | $757.3M | -$28.4M | $-0.15 |
| Q2 2023 | $689.5M | -$4.5M | $-0.02 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BKD Capital Allocation
BKD SEC Filings
Access official SEC EDGAR filings for Brookdale Senior Living Inc. (CIK: 0001332349)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BKD
What is the AI rating for BKD?
Brookdale Senior Living Inc. (BKD) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BKD's key strengths?
Positive operating cash flow of $218M demonstrates some underlying cash generation despite accounting losses. Revenue growth of 2.2% YoY shows the business maintains modest top-line expansion in a mature sector.
What are the risks of investing in BKD?
Negative stockholders equity of -$44.8M indicates technical insolvency and elimination of equity cushion; any further losses could trigger covenant violations. Interest coverage ratio of 0.1x is critically low; operating income of $13.5M cannot service $4.3B long-term debt, indicating refinancing risk or default potential.
What is BKD's revenue and growth?
Brookdale Senior Living Inc. reported revenue of $3.2B.
Does BKD pay dividends?
Brookdale Senior Living Inc. does not currently pay dividends.
Where can I find BKD SEC filings?
Official SEC filings for Brookdale Senior Living Inc. (CIK: 0001332349) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BKD's EPS?
Brookdale Senior Living Inc. has a diluted EPS of $-1.12.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.