Pacs (PACS) Gross Margin (2023 - 2026)
Pacs' (PACS) quarterly Gross Margin came in at 24.35% in Q1 2026, up 453.0% year-on-year from 4.4% in Q1 2025, and up 3.61% quarter-over-quarter from 23.51% in Q4 2025.
Pacs (PACS) Gross Margin (2023 - 2026) Analysis & Trends
Pacs has disclosed Gross Margin across 4 years of filings, most recently posting 24.35% for Q1 2026.
- Gross Margin for Q1 2026 came in at 24.35%, up 453.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.04% (up 366.0% YoY), and the FY2025 annual result was 21.92%, up 254.0% from the prior year.
- Gross Margin came in at 24.35% for Q1 2026 at Pacs, up from 23.51% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 24.35% in Q1 2026 to a low of 17.22% in Q3 2024.
- The 4-year median for Gross Margin is 21.4% (2024), against an average of 21.13%.
- Across the five-year window, Gross Margin sank 390 bps in 2024 and jumped 495 bps in 2025, its largest moves.
- Pacs' Gross Margin stood at 20.34% in 2023, then increased by 5 bps to 21.4% in 2024, then grew by 10 bps to 23.51% in 2025, then rose by 4 bps to 24.35% in 2026.
- The last three Gross Margin figures came in at 24.35% (Q1 2026), 23.51% (Q4 2025), and 22.17% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 85.07% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 82.10% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 31.42% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 84.75% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 21.12% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 71.44% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | -18,654.20% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 32.82% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 24.35% |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 29.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.35% |
| Dec 31, 2025 | 23.51% |
| Sep 30, 2025 | 22.17% |
| Jun 30, 2025 | 22.02% |
| Mar 31, 2025 | 19.83% |
| Dec 31, 2024 | 21.40% |
| Sep 30, 2024 | 17.22% |
| Jun 30, 2024 | 18.55% |
| Mar 31, 2024 | 19.99% |
| Dec 31, 2023 | 20.34% |
| Sep 30, 2023 | 19.07% |
| Jun 30, 2023 | 22.33% |
| Mar 31, 2023 | 23.88% |