Forensic Analysis · Healthcare / Pharmaceuticals / Biotech · as of Sep 24, 2026
Brookdale Senior Living Inc. (BKD)
A forensic read on Brookdale Senior Living Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
-1.9
Distress distance
Clean
Earnings quality
3
Forensic signals
-19.8
P / E (ttm)
$2.7B
Market cap
0.00%
Dividend yield
2.2%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern, valuation). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Brookdale Senior Living Inc. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads -1.9, placing it in the Distress zone. 3 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
0.2%
FY2025
Return on invested capital.Return on invested capital is 0.2% in the latest fiscal year and steady across FY2023–FY2025, inside a 0.5-point range. The capital base behind it barely moved across FY2023–FY2025 ($4.7B to $5.2B, +9%), so there has been little new capital for that return to be earned on.
+2.2%/yr
FY2023–FY2025
Share-count dilution.Diluted share count changed +4% over the last 2 years to FY2025 (+2.2%/yr). The count is growing: more stock was issued than repurchased over this window, so aggregate results grew faster than their per-share equivalents. That's ~2.2% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2023 has been diluted ~4%.
0.4% of rev
FY2025
Stock-based comp load.Stock-based compensation ran 0.4% of revenue and 72% of free cash flow in FY2025 — about $0.05 per diluted share. No cash left the business to pay it, which is why operating cash flow adds it back. Net of repurchases the diluted count still rose about 2.2% a year and that rate is not falling, so total profit has to grow by that much annually before any of it reaches a share. Stock compensation is one source of that issuance; acquisition consideration, equity raises, convertibles and other employee plans also net into the count, and these figures do not separate them.
Key fundamentals
Latest Revenue$3.19B
Revenue Growth YoY+2.2%
Revenue CAGR (2yr)+2.9%
Net Margin-8.2%
Free Cash Flow$16.5M
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Brookdale Senior Living Inc.'s actual 10-K/10-Q/8-K filings?