Financial Snapshot

Revenue
$2.677B
TTM
Gross Margin
21.99%
TTM
Net Earnings
$59.45M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
171.04%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$578.2M
Q2 2024
Cash
Q2 2024
P/E
106.3
Sep 13, 2024 EST
Free Cash Flow
$67.51M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $3.111B $2.422B $1.167B
YoY Change 28.47% 107.62%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $3.111B $2.422B $1.167B
Cost Of Revenue $2.448B $1.861B $901.1M
Gross Profit $663.8M $560.7M $265.5M
Gross Profit Margin 21.33% 23.15% 22.76%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $430.4M $309.0M $175.0M
YoY Change 39.28% 76.62%
% of Gross Profit 64.84% 55.11% 65.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.63M $22.31M $7.153M
YoY Change 14.89% 211.91%
% of Gross Profit 3.86% 3.98% 2.69%
Operating Expenses $456.0M $331.3M $182.1M
YoY Change 37.63% 81.93%
Operating Profit $207.8M $229.4M $83.36M
YoY Change -9.41% 175.15%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense -$49.92M -$25.54M -$5.278M
YoY Change 95.47% 383.86%
% of Operating Profit -24.03% -11.13% -6.33%
Other Income/Expense, Net -$536.0K $3.223M $3.345M
YoY Change -116.63% -3.65%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income $157.3M $207.0M $81.43M
YoY Change -24.02% 154.27%
Income Tax $44.44M $56.55M $33.48M
% Of Pretax Income 28.25% 27.31% 41.12%
Net Earnings $112.9M $150.5M $47.95M
YoY Change -25.0% 213.88%
Net Earnings / Revenue 3.63% 6.21% 4.11%
Basic Earnings Per Share
Diluted Earnings Per Share $0.76 $1.02 $0.32

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $73.42M $58.27M
YoY Change 25.99%
Cash & Equivalents $73.42M $58.27M
Short-Term Investments
Other Short-Term Assets $48.67M $32.77M
YoY Change 48.5%
Inventory
Prepaid Expenses
Receivables $547.8M $370.9M
Other Receivables $52.26M $49.20M
Total Short-Term Assets $722.1M $511.2M
YoY Change 41.28%
Property, Plant & Equipment $2.585B $1.776B
YoY Change 45.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $15.65M $16.22M
YoY Change -3.5%
Other Assets $124.3M $97.41M
YoY Change 27.62%
Total Long-Term Assets $2.791B $1.951B
YoY Change 43.05%
Total Assets $3.513B $2.462B
YoY Change
Accounts Payable $140.9M $110.6M
YoY Change 27.47%
Accrued Expenses $270.7M $249.8M
YoY Change 8.36%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $17.76M $99.26M
YoY Change -82.1%
Total Short-Term Liabilities $456.9M $483.9M
YoY Change -5.57%
Long-Term Debt $756.5M $438.3M
YoY Change 72.58%
Other Long-Term Liabilities $2.198B $1.471B
YoY Change 49.39%
Total Long-Term Liabilities $2.954B $1.909B
YoY Change 54.71%
Total Liabilities $3.417B $2.398B
YoY Change 42.46%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $6.3188 Billion

About Pacs Group Inc

Pacs Group Inc is a US-based company operating in Health Care Providers & Services industry. The company is headquartered in Farmington, Utah and currently employs 32,433 full-time employees. The company went IPO on 2024-04-11. PACS Group, Inc. is a holding company, which is engaged in post-acute care facilities, professional and ancillary services. The firm is focused on delivering skilled nursing care through a portfolio of independently operated facilities. The company also provides its independently operated facilities with a comprehensive suite of technology, support, and back-office services. The post-acute care ecosystem serves individuals who need additional help recuperating from acute conditions, illnesses, or serious medical procedures after they have been discharged from the hospital. This ecosystem ranges from higher acuity, higher-cost settings, such as long-term acute care hospitals and inpatient rehabilitation facilities, to lower acuity, lower-cost settings, such as assisted living facilities, and home health. The company is a skilled nursing provider in the United States based on number of facilities, with over 218 post-acute facilities across nine states serving over 20,000 patients daily.

Industry: Services-Skilled Nursing Care Facilities Peers: Acadia Healthcare Company Inc Brookdale Senior Living Inc HCA Healthcare Inc Encompass Health Corp Ensign Group Inc National Healthcare Corp Tenet Healthcare Corp Select Medical Holdings Corp Surgery Partners Inc Universal Health Services Inc