PACS Group Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 1/6
PACS Group's earnings have been declining at an average annual rate of -25%, while the Healthcare industry saw earnings growing at 5.6% annually. Revenues have been growing at an average rate of 28.5% per year. PACS Group's return on equity is 111%, and it has net margins of 3.6%.
Key information
-25.0%
Earnings growth rate
-25.0%
EPS growth rate
| Healthcare Industry Growth | 8.5% |
| Revenue growth rate | 28.5% |
| Return on equity | 111.0% |
| Net Margin | 3.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How PACS Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 3,111 | 113 | 201 | 0 |
| 31 Dec 22 | 2,422 | 150 | 170 | 0 |
| 31 Dec 21 | 1,167 | 48 | 106 | 0 |
Quality Earnings: PACS has high quality earnings.
Growing Profit Margin: PACS's current net profit margins (3.6%) are lower than last year (6.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if PACS's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: PACS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PACS had negative earnings growth (-25%) over the past year, making it difficult to compare to the Healthcare industry average (14.9%).
Return on Equity
High ROE: Whilst PACS's Return on Equity (110.97%) is outstanding, this metric is skewed due to their high level of debt.