Pacs (PACS) Rent Expense (2023 - 2026)

Pacs' (PACS) quarterly Rent Expense came in at $95.5 million in Q1 2026, up 1.85% year-on-year from $93.8 million in Q1 2025, and little changed quarter-over-quarter from $95.7 million in Q4 2025.

Pacs (PACS) Rent Expense (2023 - 2026) Analysis & Trends

Pacs has disclosed Rent Expense across 4 years of filings, most recently posting $95.5 million for Q1 2026.

  • Rent Expense for Q1 2026 came in at $95.5 million, up 1.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $380.6 million (up 20.75% YoY), and the FY2025 annual result was $378.9 million, up 32.97% from the prior year.
  • Rent Expense came in at $95.5 million for Q1 2026 at Pacs, roughly flat from $95.7 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $95.7 million in Q4 2025 to a low of $45.1 million in Q1 2023.
  • The 4-year median for Rent Expense is $72.6 million (2024), against an average of $75.1 million.
  • Across the five-year window, Rent Expense soared 47.68% in 2025 and gained 1.85% in 2026, its largest moves.
  • Pacs' Rent Expense stood at $61.8 million in 2023, then soared by 35.95% to $84.0 million in 2024, then gained by 13.88% to $95.7 million in 2025, then fell by 0.13% to $95.5 million in 2026.
  • The last three Rent Expense figures came in at $95.5 million (Q1 2026), $95.7 million (Q4 2025), and $95.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn -
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn -
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn -
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn -
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn -
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 38.20 Mn
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn -
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn -
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 95.53 Mn
10 Concentra Group Holdings Parent 3.59 Bn 3.54 Bn 170.47 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 95.53 Mn
Mar 31, 2026 95.53 Mn
Dec 31, 2025 95.66 Mn
Dec 31, 2025 95.66 Mn
Sep 30, 2025 95.11 Mn
Sep 30, 2025 95.11 Mn
Jun 30, 2025 94.35 Mn
Jun 30, 2025 94.35 Mn
Mar 31, 2025 93.80 Mn
Mar 31, 2025 93.80 Mn
Dec 31, 2024 84.00 Mn
Dec 31, 2024 84.00 Mn
Sep 30, 2024 72.63 Mn
Sep 30, 2024 72.63 Mn
Jun 30, 2024 64.81 Mn
Jun 30, 2024 64.81 Mn
Mar 31, 2024 63.51 Mn
Mar 31, 2024 63.51 Mn
Dec 31, 2023 61.79 Mn
Dec 31, 2023 61.79 Mn