PACS Group (PACS Group) Net Margin % : 5.26% (As of Mar. 2024)

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What is PACS Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. PACS Group's Net Income for the three months ended in Mar. 2024 was $49.1 Mil. PACS Group's Revenue for the three months ended in Mar. 2024 was $934.7 Mil. Therefore, PACS Group's net margin for the quarter that ended in Mar. 2024 was 5.26%.

The historical rank and industry rank for PACS Group's Net Margin % or its related term are showing as below:

PACS' s Net Margin % Range Over the Past 10 Years
Min: 3.63 Med: 4.11 Max: 6.21
Current: 5.26

PACS's Net Margin % is ranked better than
65.34% of 655 companies
in the Healthcare Providers & Services industry
Industry Median: 1.82 vs PACS: 5.26

PACS Group Net Margin % Historical Data

The historical data trend for PACS Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PACS Group Net Margin % Chart

PACS Group Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

4.11

6.21

3.63

PACS Group Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Net Margin %	-	-	5.31	-	5.26

Competitive Comparison of PACS Group's Net Margin %

For the Medical Care Facilities subindustry, PACS Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PACS Group's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PACS Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where PACS Group's Net Margin % falls into.

PACS Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

PACS Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	112.874	/	3111.492
	=	3.63 %

PACS Group's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	49.138	/	934.721
	=	5.26 %

PACS Group (NYSE:PACS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

PACS Group Net Margin % Related Terms

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PACS Group (PACS Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PACS Group Inc (NYSE:PACS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

262 N. University Avenue, Farmington, UT, USA, 84025

Website

https://www.pacs.com

PACS Group Inc is a post-acute healthcare company primarily focused on delivering high-quality skilled nursing care through a portfolio of independently operated facilities Its is a nursing providers in the United States based on number of facilities, with over 200 post-acute care facilities across nine states serving over 20,000 patients daily. It also provide senior care, assisted living, and independent living options in some of communities.

PACS Group (PACS Group) Headlines

From GuruFocus

PACS Group, Inc. Announces Pricing of Its Upsized Initial Public Offering

By Business Wire • 04-11-2024