Pennant (PNTG) Gross Margin (2018 - 2026)
Pennant (PNTG) reported Gross Margin of 18.47% for Q1 2026, down 112.0% on a YoY basis from 153.9% in Q1 2025, and up 2.23% quarter-over-quarter from 18.07% in Q4 2025.
Pennant (PNTG) Gross Margin (2018 - 2026) Analysis & Trends
Pennant has reported Gross Margin for 9 years, with the latest figure at 18.47% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 112.0% year-over-year to 18.47%; the trailing twelve-month figure through Mar 2026 stood at 18.65% (down 100.0% YoY), and the FY2025 full-year result was 18.91%, down 77.0% from the prior year.
- Gross Margin for Q1 2026 stood at 18.47%, up from 18.07% in the prior quarter.
- The five-year high for Gross Margin was 20.76% in Q1 2022, with the low at 18.07% in Q4 2025.
- Historically, Gross Margin has averaged 19.59% across 5 years, with a median of 19.73% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin surged 142 bps — and 2023, when it sank 189 bps.
- Pennant's Gross Margin stood at 20.6% in 2022, then slipped by 3 bps to 19.88% in 2023, then retreated by 4 bps to 19.17% in 2024, then decreased by 6 bps to 18.07% in 2025, then climbed by 2 bps to 18.47% in 2026.
- The last three Gross Margin figures came in at 18.47% (Q1 2026), 18.07% (Q4 2025), and 19.04% (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 | Pennant | 1.17 Bn | 1.21 Bn | 52.70 Mn | 18.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.47% |
| Dec 31, 2025 | 18.07% |
| Sep 30, 2025 | 19.04% |
| Jun 30, 2025 | 19.24% |
| Mar 31, 2025 | 19.58% |
| Dec 31, 2024 | 19.17% |
| Sep 30, 2024 | 20.05% |
| Jun 30, 2024 | 19.81% |
| Mar 31, 2024 | 19.70% |
| Dec 31, 2023 | 19.88% |
| Sep 30, 2023 | 19.84% |
| Jun 30, 2023 | 19.73% |
| Mar 31, 2023 | 18.87% |
| Dec 31, 2022 | 20.60% |
| Sep 30, 2022 | 20.00% |
| Jun 30, 2022 | 20.29% |
| Mar 31, 2022 | 20.76% |
| Dec 31, 2021 | 19.18% |
| Sep 30, 2021 | 19.93% |
| Jun 30, 2021 | 21.46% |