Financial Snapshot

Revenue
$652.3M
TTM
Gross Margin
20.53%
TTM
Net Earnings
$21.15M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
112.36%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$187.3M
Q3 2024
Cash
Q3 2024
P/E
50.33
Nov 29, 2024 EST
Free Cash Flow
$14.88M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $544.9M $473.2M $439.7M $391.0M $338.5M $286.1M $251.0M $217.2M
YoY Change 15.14% 7.63% 12.47% 15.49% 18.34% 13.97% 15.56%

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 2020 2019 2018 2017 2016
Revenue $544.9M $473.2M $439.7M $391.0M $338.5M $286.1M $251.0M $217.2M
Cost Of Revenue $435.4M $370.1M $353.1M $296.9M $258.9M $212.4M $187.3M $160.0M
Gross Profit $109.5M $103.1M $86.60M $94.10M $79.60M $73.60M $63.70M $57.20M
Gross Profit Margin 20.1% 21.8% 19.7% 24.07% 23.51% 25.73% 25.38% 26.34%

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 2020 2019 2018 2017 2016
Selling, General & Admin $36.67M $77.25M $75.11M $69.30M $70.10M $50.00M $45.80M $41.40M
YoY Change -52.53% 2.84% 8.39% -1.14% 40.2% 9.17% 10.63%
% of Gross Profit 33.48% 74.89% 86.74% 73.65% 88.07% 67.93% 71.9% 72.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.130M $4.900M $4.784M $4.675M $3.810M $2.964M $2.544M $2.860M
YoY Change 4.69% 2.42% 2.33% 22.7% 28.54% 16.51% -11.05%
% of Gross Profit 4.68% 4.75% 5.52% 4.97% 4.79% 4.03% 3.99% 5.0%
Operating Expenses $36.67M $82.14M $79.90M $73.90M $74.00M $53.00M $48.30M $44.20M
YoY Change -55.36% 2.81% 8.12% -0.14% 39.62% 9.73% 9.28%
Operating Profit $25.17M $12.74M $4.695M $18.92M $5.670M $20.63M $15.40M $13.00M
YoY Change 97.57% 171.33% -75.18% 233.63% -72.52% 33.95% 18.48%

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 2020 2019 2018 2017 2016
Interest Expense $5.924M $3.816M $1.941M $1.239M $410.0K $0.00 $0.00
YoY Change 55.24% 96.6% 56.66% 202.2%
% of Operating Profit 23.54% 29.96% 41.34% 6.55% 7.23% 0.0% 0.0%
Other Income/Expense, Net $339.0K -$31.00K -$24.00K $225.0K $0.00
YoY Change -1193.55% 29.17% -110.67%

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 2020 2019 2018 2017 2016
Pretax Income $19.58M $8.892M $2.730M $17.90M $5.260M $20.63M $15.40M $13.00M
YoY Change 120.24% 225.71% -84.75% 240.36% -74.5% 33.95% 18.48%
Income Tax $5.674M $1.649M $582.0K $2.350M $2.085M $4.352M $5.375M $5.100M
% Of Pretax Income 28.97% 18.54% 21.32% 13.13% 39.64% 21.09% 34.9% 39.23%
Net Earnings $13.38M $6.643M $2.696M $15.74M $2.546M $15.68M $9.867M $7.900M
YoY Change 101.4% 146.4% -82.88% 518.38% -83.77% 58.95% 24.9%
Net Earnings / Revenue 2.46% 1.4% 0.61% 4.03% 0.75% 5.48% 3.93% 3.64%
Basic Earnings Per Share $0.45 $0.23 $0.09 $0.56 $0.11 $0.58 $0.36
Diluted Earnings Per Share $0.44 $0.22 $0.09 $0.52 $0.11 $0.58 $0.36 $295.9K

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 2020 2019 2018 2017 2016
Cash & Short-Term Investments $6.059M $2.079M $5.190M $0.00 $400.0K $0.00 $0.00
YoY Change 191.44% -59.94% -100.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $12.90M $18.32M $16.71M $12.30M $6.100M $4.600M $4.400M
YoY Change -29.59% 9.65% 35.86% 101.64% 32.61% 4.55%
Inventory
Prepaid Expenses
Receivables $61.12M $53.42M $53.94M $47.20M $32.20M $24.50M $22.20M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $80.08M $73.82M $75.84M $59.60M $38.70M $29.10M $26.70M
YoY Change 8.47% -2.66% 27.25% 54.01% 32.99% 8.99%
Property, Plant & Equipment $291.5M $287.5M $317.8M $326.5M $331.0M $10.50M $8.800M
YoY Change 1.4% -9.53% -2.67% -1.36% 3052.38% 19.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.337M $12.69M $8.676M $6.900M $3.400M $2.500M $2.000M
YoY Change -26.45% 46.31% 25.74% 102.94% 36.0% 25.0%
Total Long-Term Assets $459.6M $438.3M $454.5M $447.4M $409.1M $69.10M $61.60M
YoY Change 4.86% -3.56% 1.58% 9.36% 492.04% 12.18%
Total Assets $539.7M $512.1M $530.3M $507.0M $447.8M $98.20M $88.30M
YoY Change
Accounts Payable $10.84M $13.65M $10.55M $9.800M $8.700M $4.400M $3.100M
YoY Change -20.56% 29.32% 7.68% 12.64% 97.73% 41.94%
Accrued Expenses $51.81M $42.42M $40.70M $41.00M $37.30M $20.80M $18.60M
YoY Change 22.12% 4.23% -0.73% 9.92% 79.33% 11.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $71.55M $70.25M $71.64M $89.00M $51.20M $29.50M $26.30M
YoY Change 1.85% -1.94% -19.51% 73.83% 73.56% 12.17%
Long-Term Debt $63.91M $62.89M $51.37M $8.300M $18.50M $0.00 $0.00
YoY Change 1.63% 22.42% 518.94% -55.14%
Other Long-Term Liabilities $256.9M $253.3M $293.0M $308.5M $306.9M $3.300M $2.100M
YoY Change 1.4% -13.56% -5.01% 0.52% 9200.0% 57.14%
Total Long-Term Liabilities $320.8M $316.2M $344.4M $316.8M $325.4M $3.300M $2.100M
YoY Change 1.44% -8.19% 8.72% -2.64% 9760.61% 57.14%
Total Liabilities $399.4M $391.1M $420.1M $410.4M $376.6M $42.30M $33.30M
YoY Change 2.11% -6.9% 2.36% 8.98% 790.31% 27.03%

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

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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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.0645 Billion

About Pennant Group, Inc.

The Pennant Group, Inc. is a holding company, which engages in the provision of healthcare services to patients of all ages. The company is headquartered in Eagle, Idaho and currently employs 5,791 full-time employees. The company went IPO on 2019-09-19. The firm operates multiple lines of business, including home health, hospice, and senior living. The company operates through two segments: home health and hospice services and senior living services. The home health and hospice services segment include its home health, hospice and home care businesses. The senior living services segment includes the operation of assisted living, independent living and memory care communities. Its senior living operations provide a variety of services tailored to its residents’ needs, including residential accommodations, activities, meals, housekeeping and assistance in the activities of daily living to seniors. The company provides healthcare services through 122 home health and hospice agencies and 56 senior living communities located throughout Arizona, California, Colorado, Connecticut, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming.

Industry: Services-Health Services Peers: Brookdale Senior Living Inc. SONIDA SENIOR LIVING, INC. HCA Healthcare, Inc. COMMUNITY HEALTH SYSTEMS INC Oncology Institute, Inc. HANGER, INC. JOINT Corp NATIONAL HEALTHCARE CORP Surgery Partners, Inc. U S PHYSICAL THERAPY INC /NV