Pacs (PACS) Gross Margin (2023 - 2026)

Pacs (PACS) posted Gross Margin of 24.35% for Q1 2026, up 3.67% sequentially from 23.49% in Q4 2025, and up 453.0% YoY from 4.4% in Q1 2025.

Pacs (PACS) Gross Margin (2023 - 2026) Analysis & Trends

Pacs has reported Gross Margin for 4 years, with the latest figure at 24.35% in Q1 2026.

  • Quarterly Gross Margin rose 453.0% year-over-year to 24.35% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.03% (up 369.0% YoY) and the FY2025 annual result came in at 21.9%, up 258.0% from the prior year.
  • Gross Margin rose to 24.35% in Q1 2026 per PACS's latest filing, from 23.49% in the prior quarter.
  • Over five years, Gross Margin peaked at 24.35% in Q1 2026 and troughed at 17.05% in Q3 2024.
  • A 4-year average of 21.1% and a median of 21.39% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 400 bps in 2024, then soared 512 bps in 2025.
  • Over 4 years, Gross Margin stood at 20.21% in 2023, then increased by 6 bps to 21.39% in 2024, then gained by 10 bps to 23.49% in 2025, then advanced by 4 bps to 24.35% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 24.35%, 23.49%, and 22.17% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn 75.07%
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn 79.14%
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn 84.04%
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn 32.70%
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn 21.26%
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 70.85%
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 23.70%
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn 32.90%
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn 31.70%
10 Option Care Health 3.59 Bn 3.39 Bn 267.25 Mn 18.53%

Historic Data

Download Data
DateValue
Jun 30, 2026 23.70%
Mar 31, 2026 24.35%
Dec 31, 2025 23.49%
Sep 30, 2025 22.17%
Jun 30, 2025 22.00%
Mar 31, 2025 19.83%
Dec 31, 2024 21.39%
Sep 30, 2024 17.05%
Jun 30, 2024 18.55%
Mar 31, 2024 19.95%
Dec 31, 2023 20.21%
Sep 30, 2023 19.07%
Jun 30, 2023 22.30%
Mar 31, 2023 23.95%