← Pennant Group, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $251.0m |
$286.1m
+13.97%
|
$338.5m
+18.34%
|
$391.0m
+15.49%
|
$439.7m
+12.47%
|
$473.2m
+7.63%
|
$544.9m
+15.14%
|
$695.2m
+27.59%
|
$947.7m
+36.31%
|
$1.1b
+16.25%
|
|
| Cost of services | $187.3m |
$212.4m
+13.43%
|
$258.9m
+21.90%
|
$296.9m
+14.65%
|
$353.1m
+18.94%
|
$376.6m
+6.67%
|
$438.1m
+16.32%
|
$558.4m
+27.47%
|
$768.5m
+37.61%
|
— | |
| Rent—cost of services | $31.3m |
$31.2m
-0.34%
|
$35.0m
+12.10%
|
$39.2m
+12.05%
|
$40.9m
+4.27%
|
$38.0m
-6.96%
|
$39.8m
+4.58%
|
$43.0m
+8.22%
|
$48.7m
+13.18%
|
— | |
| Gross Profit | $63.7m |
$73.6m
+15.58%
|
$79.6m
+8.08%
|
$94.1m
+18.20%
|
$86.6m
-7.95%
|
$96.6m
+11.55%
|
$106.8m
+10.55%
|
$136.8m
+28.09%
|
$179.2m
+31.00%
|
$152.3m
-14.99%
|
|
| General and administrative expense | $14.5m | $18.8m | $35.1m | $31.3m | $36.3m | $34.0m | $36.7m | $50.2m | $71.1m | $79.9m | |
| Income from operations | $15.4m |
$20.6m
+33.95%
|
$5.7m
-72.52%
|
$18.9m
+233.63%
|
$4.7m
-75.18%
|
$12.7m
+171.33%
|
$25.2m
+97.57%
|
$38.1m
+51.44%
|
$51.9m
+36.13%
|
$62.3m
+19.98%
|
|
| Interest expense, net | — | $0 | ($410k) | ($1.2m) | ($1.9m) | ($3.8m) | ($5.9m) | ($7.0m) | ($6.7m) | $10.7m | |
| Other income | — | $0 | $0 | $225k | ($24k) | ($31k) | $339k | $207k | $422k | — | |
| Other expense, net | $0 | $0 | ($410k) | ($1.0m) | ($2.0m) | ($3.8m) | ($5.6m) | ($6.7m) | ($6.3m) | — | |
| Income before provision for income taxes | $15.4m | $20.6m | $5.3m | $17.9m | $2.7m | $8.9m | $19.6m | $31.4m | $45.6m | — | |
| Provision for income taxes | $5.4m | $4.4m | $2.1m | $2.4m | $582k | $1.6m | $5.7m | $7.0m | $11.9m | — | |
| Net income | $10.0m |
$16.3m
+62.35%
|
$3.2m
-80.50%
|
$15.6m
+389.86%
|
$2.1m
-86.19%
|
$7.2m
+237.20%
|
$13.9m
+92.05%
|
$24.3m
+74.97%
|
$33.8m
+38.72%
|
$32.3m
-4.28%
|
|
| Net income and other comprehensive income attributable to The Pennant Group, Inc. | $9.9m | $15.7m | $2.5m | $15.7m | $2.7m | $6.6m | $13.4m | $22.6m | $29.6m | $32.3m | |
| Less: net income attributable to noncontrolling interest | $160k | $595k | $629k | ($191k) | ($548k) | $600k | $531k | $1.8m | $4.2m | — | |
| Basic (in dollars per share) | $0.36 | $0.58 | $0.11 | $0.55 | $0.08 | $0.25 | $0.47 | $0.78 | $0.98 | — | |
| Diluted (in dollars per share) | $0.36 | $0.58 | $0.11 | $0.51 | $0.07 | $0.24 | $0.46 | $0.76 | $0.96 | — | |
| Depreciation and amortization | $2.5m | $3.0m | $3.8m | $4.7m | $4.8m | $4.9m | $5.1m | $6.1m | $8.5m | $10.2m | |
| (Gain) loss on asset dispositions and impairment, net | — | — | — | $0 | $2.9m | $7.0m | $70k | ($682k) | ($999k) | — | |
| Total expenses | $235.6m | $265.4m | $332.9m | $372.0m | $435.0m | $460.5m | $519.7m | $657.1m | $895.8m | $1.0b |