Brookdale Senior Living Inc. (BKD) intrinsic value & 10-year financials
Brookdale Senior Living Inc. (BKD) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 4.8% a year to $3.2B, with an average return on invested capital of -2.1%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $10.09
- Market cap
- $2.4B
- Revenue (FY2025)
- $3.2B
- Revenue growth (10-yr CAGR)
- -4.8%
- ROIC (10-yr avg)
- -2.1%
- Free cash flow (FY2025)
- $16.5M
BKD 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $3.2B | -$262.7M | -$1.12 | $16.5M | 0.4% | 0.5% |
| FY2024 | $3.1B | -$201.9M | -$0.89 | -$35.1M | 1.5% | 0.9% |
| FY2023 | $3.0B | -$189.0M | -$0.84 | -$70.3M | 0.6% | 0.4% |
| FY2022 | $2.8B | -$238.4M | -$1.25 | -$193.6M | -1.5% | -0.8% |
| FY2021 | $2.8B | -$99.3M | -$0.54 | -$271.3M | -7.9% | -4.1% |
| FY2020 | $3.5B | $82.0M | $0.44 | $19.8M | -2.8% | -2.3% |
| FY2019 | $4.1B | -$267.9M | -$1.44 | -$87.7M | -1.1% | -1.0% |
| FY2018 | $4.5B | -$528.3M | -$2.82 | -$21.5M | -13.1% | -10.2% |
| FY2017 | $4.7B | -$571.4M | — | $152.8M | -5.7% | -3.9% |
| FY2016 | $5.0B | -$404.4M | — | $32.1M | -0.6% | -0.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Brookdale Senior Living Inc. is facing top-line stagnation, with revenue contracting over the decade.
Brookdale Senior Living Inc. has historically struggled to out-earn its cost of capital, averaging just -2.1% ROIC.
Brookdale Senior Living Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Brookdale Senior Living Inc. is modeled at -4.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.43 per share.