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| Date | Value |
|---|---|
| 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 |