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PACS Group (PACS Group) Pretax Margin % : 7.82% (As of Mar. 2024)


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What is PACS Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PACS Group's Pre-Tax Income for the three months ended in Mar. 2024 was $73.1 Mil. PACS Group's Revenue for the three months ended in Mar. 2024 was $934.7 Mil. Therefore, PACS Group's pretax margin for the quarter that ended in Mar. 2024 was 7.82%.

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

PACS' s Pretax Margin % Range Over the Past 10 Years
Min: 5.06   Med: 6.98   Max: 8.55
Current: 7.82


PACS's Pretax Margin % is ranked better than
66.97% of 657 companies
in the Healthcare Providers & Services industry
Industry Median: 2.59 vs PACS: 7.82

PACS Group Pretax Margin % Historical Data

The historical data trend for PACS Group's Pretax 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.

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PACS Group Pretax Margin % Chart

PACS Group Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
6.98 8.55 5.06

PACS Group Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Pretax Margin % - - 6.93 - 7.82

Competitive Comparison of PACS Group's Pretax Margin %

For the Medical Care Facilities subindustry, PACS Group's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Healthcare Providers & Services Industry

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

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



PACS Group Pretax Margin % Calculation

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

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=157.317/3111.492
=5.06 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=73.055/934.721
=7.82 %

* 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.


PACS Group  (NYSE:PACS) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


PACS Group Pretax Margin % Related Terms

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PACS Group (PACS Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
262 N. University Avenue, Farmington, UT, USA, 84025
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

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