Pennant (PNTG) Invested Capital (2018 - 2026)
Pennant's Invested Capital was $613.1 million in Q3 2026, up 66.1% from $369.04 million a year earlier and up 2.7% from the prior quarter.
Powered by 
Analysis
Pennant (PNTG) Invested Capital (2018 - 2026) Analysis & Trends
For FY2025, Invested Capital at Pennant came in at $543.09 million, up 74.1% from FY2024.
- Invested Capital has now increased for seven consecutive years, with a five-year compound annual growth rate of 37.8% (FY2020 to FY2025).
- In earlier years, Invested Capital was $311.97 million in FY2024 (+49.0%), $209.43 million in FY2023 (+11.1%), $188.55 million in FY2022 (+13.8%) and $165.62 million in FY2021 (+51.3%).
- The Q3 2026 figure marks the highest quarterly Invested Capital in data going back to Q4 2018.
- Compared with a year earlier, Invested Capital has increased for 24 straight quarters, with growth averaging 52.4% over the last eight quarters.
- Across the past five years, year-over-year growth in Invested Capital ran from 6.8% in Q1 2023 to 74.1% in Q4 2025.
- Per Business Quant data, PNTG's Invested Capital in the three quarters before Q3 2026 was $596.94 million (Q2 2026), $554.1 million (Q1 2026) and $543.09 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 105.29 Bn | 103.13 Bn | 17.03 Bn | 42.42 Bn |
| 2 | Natera | 46.06 Bn | 41.68 Bn | 513.47 Mn | 1.95 Bn |
| 3 | Labcorp Holdings | 30.09 Bn | 28.19 Bn | 1.11 Bn | 14.88 Bn |
| 4 | Quest Diagnostics | 28.58 Bn | 26.66 Bn | 1.04 Bn | 13.50 Bn |
| 5 | Guardant Health | 20.44 Bn | 16.05 Bn | 236.15 Mn | - |
| 6 | BrightSpring Health Services | 14.16 Bn | 11.04 Bn | 518.55 Mn | 4.36 Bn |
| 7 | Encompass Health | 13.83 Bn | 14.29 Bn | 1.54 Bn | 6.10 Bn |
| 8 | Tempus AI | 12.69 Bn | 9.84 Bn | 266.70 Mn | 500.40 Mn |
| 9 | Davita | 11.06 Bn | 9.92 Bn | 1.13 Bn | 10.18 Bn |
| 10 | Pennant | 1.27 Bn | 1.25 Bn | 54.12 Mn | 613.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 613.10 Mn |
| Jun 30, 2026 | 596.94 Mn |
| Mar 31, 2026 | 554.10 Mn |
| Dec 31, 2025 | 543.09 Mn |
| Sep 30, 2025 | 369.04 Mn |
| Jun 30, 2025 | 370.63 Mn |
| Mar 31, 2025 | 375.53 Mn |
| Dec 31, 2024 | 311.97 Mn |
| Sep 30, 2024 | 296.16 Mn |
| Jun 30, 2024 | 255.17 Mn |
| Mar 31, 2024 | 247.53 Mn |
| Dec 31, 2023 | 209.43 Mn |
| Sep 30, 2023 | 193.30 Mn |
| Jun 30, 2023 | 192.85 Mn |
| Mar 31, 2023 | 186.25 Mn |
| Dec 31, 2022 | 188.55 Mn |
| Sep 30, 2022 | 176.60 Mn |
| Jun 30, 2022 | 171.12 Mn |
| Mar 31, 2022 | 174.43 Mn |
| Dec 31, 2021 | 165.62 Mn |
API Access
Pennant Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=PNTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "PNTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=PNTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();