Pennant Group Inc Financials
This page shows Pennant Group Inc (PNTG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Pennant’s FY2025 expansion was acquisition-funded, with overhead leverage doing more work than unit economics to lift earnings.
Across the period, gross margin slipped from19.6% to18.9% , so the earnings lift did not come from richer unit economics at the service level. Yet operating margin reached5.5% and operating cash flow stayed above net income, which suggests scale is covering more corporate overhead while reported profit still converts into spendable cash during an acquisition-heavy year.
FY2025 looks like a balance-sheet expansion:
Cash conversion remained healthier than headline profit, with operating cash flow of
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Pennant Group Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Pennant Group Inc has an operating margin of 5.5%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 34/100, indicating healthy but not exceptional operating efficiency. This is up from 5.5% the prior year.
Pennant Group Inc's revenue surged 36.3% year-over-year to $947.7M, reflecting rapid business expansion. This strong growth earns a score of 86/100.
Pennant Group Inc carries a low D/E ratio of 0.45, meaning only $0.45 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.
Pennant Group Inc's current ratio of 1.14 is below the typical benchmark, resulting in a score of 18/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Pennant Group Inc has a free cash flow margin of 3.8%, earning a moderate score of 35/100. The company generates positive cash flow after capital investments, but with room for improvement.
Pennant Group Inc generates a 7.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 29/100. This is up from 7.2% the prior year.
Pennant Group Inc scores 2.55, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Pennant Group Inc passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Pennant Group Inc generates $1.63 in operating cash flow ($48.3M OCF vs $29.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Pennant Group Inc earns $7.8 in operating income for every $1 of interest expense ($51.9M vs $6.7M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Pennant Group Inc generated $947.7M in revenue in fiscal year 2025. This represents an increase of 36.3% from the prior year.
Pennant Group Inc's EBITDA was $60.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 36.6% from the prior year.
Pennant Group Inc reported $29.6M in net income in fiscal year 2025. This represents an increase of 31.1% from the prior year.
Pennant Group Inc earned $0.84 per diluted share (EPS) in fiscal year 2025. This represents an increase of 20.0% from the prior year.
Cash & Balance Sheet
Pennant Group Inc generated $36.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 19.6% from the prior year.
Pennant Group Inc held $17.0M in cash against $168.8M in long-term debt as of fiscal year 2025.
Pennant Group Inc had 35M shares outstanding in fiscal year 2025. This represents an increase of 0.7% from the prior year.
Margins & Returns
Pennant Group Inc's gross margin was 18.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.8 percentage points from the prior year.
Pennant Group Inc's operating margin was 5.5% in fiscal year 2025, reflecting core business profitability. This is down 0.0 percentage points from the prior year.
Pennant Group Inc's net profit margin was 3.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.1 percentage points from the prior year.
Pennant Group Inc's ROE was 7.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.7 percentage points from the prior year.
Capital Allocation
Pennant Group Inc invested $12.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 33.9% from the prior year.
PNTG Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $285.4M-1.4% | $289.3M+26.3% | $229.0M+4.3% | $219.5M+4.6% | $209.8M+11.1% | $188.9M+4.5% | $180.7M+7.1% | $168.7M |
| Cost of Revenue | $232.7M-1.9% | $237.1M+27.8% | $185.4M+4.6% | $177.3M+5.1% | $168.7M+10.5% | $152.7M+5.7% | $144.5M+6.8% | $135.3M |
| Gross Profit | $52.7M+0.8% | $52.3M+19.9% | $43.6M+3.3% | $42.2M+2.7% | $41.1M+13.5% | $36.2M0.0% | $36.2M+8.3% | $33.4M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $19.7M+1.8% | $19.3M+0.2% | $19.3M+9.7% | $17.6M+18.6% | $14.8M+7.0% | $13.9M+6.5% | $13.0M+9.6% | $11.9M |
| Operating Income | $17.3M-1.0% | $17.5M+70.6% | $10.2M-11.2% | $11.5M-8.9% | $12.7M+37.0% | $9.2M-14.4% | $10.8M+12.9% | $9.6M |
| Interest Expense | $3.1M-5.7% | $3.3M+220.2% | $1.0M-15.6% | $1.2M-0.1% | $1.2M+85.4% | $650K-77.5% | $2.9M+78.3% | $1.6M |
| Income Tax | $3.8M-2.6% | $3.9M+54.7% | $2.5M-3.1% | $2.6M-9.0% | $2.9M+37.8% | $2.1M+53.0% | $1.4M-26.6% | $1.8M |
| Net Income | $8.5M-1.4% | $8.6M+42.0% | $6.1M-14.2% | $7.1M-8.9% | $7.8M+35.0% | $5.8M-7.2% | $6.2M+9.1% | $5.7M |
| EPS (Diluted) | $0.24 | N/A | $0.17-15.0% | $0.20-9.1% | $0.22 | N/A | $0.20+11.1% | $0.18 |
PNTG Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $956.5M-1.2% | $968.2M+28.5% | $753.6M+0.3% | $751.4M+1.0% | $743.6M+9.4% | $679.5M+5.1% | $646.8M+7.4% | $602.5M |
| Current Assets | $152.8M-8.7% | $167.4M+46.9% | $114.0M-10.5% | $127.4M+2.8% | $123.9M+0.8% | $122.9M+20.7% | $101.8M+8.2% | $94.1M |
| Cash & Equivalents | $4.9M-71.1% | $17.0M+628.8% | $2.3M-83.8% | $14.4M+175.5% | $5.2M-78.5% | $24.2M+443.1% | $4.5M+46.7% | $3.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $122.8M-0.2% | $123.1M+28.1% | $96.1M+0.4% | $95.7M+0.8% | $95.0M+16.8% | $81.3M-3.2% | $84.0M+10.4% | $76.1M |
| Goodwill | $237.2M0.0% | $237.2M+46.9% | $161.5M+3.1% | $156.6M+1.1% | $154.9M+20.0% | $129.1M-0.2% | $129.3M+17.1% | $110.5M |
| Total Liabilities | $567.0M-4.5% | $593.9M+44.6% | $410.6M-1.7% | $417.8M-0.7% | $420.6M+14.4% | $367.6M-20.0% | $459.5M+7.0% | $429.5M |
| Current Liabilities | $128.6M-12.7% | $147.3M+34.7% | $109.4M+4.2% | $104.9M+19.3% | $88.0M-13.5% | $101.7M+12.3% | $90.6M+8.3% | $83.7M |
| Long-Term Debt | $164.7M-2.5% | $168.8M+549.4% | $26.0M-29.7% | $37.0M-29.5% | $52.5M | $0-100.0% | $108.9M+32.5% | $82.2M |
| Total Equity | $389.4M+4.1% | $374.3M+9.1% | $343.0M+2.8% | $333.6M+3.3% | $323.0M+3.5% | $312.0M+66.6% | $187.3M+8.3% | $173.0M |
| Retained Earnings | $95.3M+9.8% | $86.8M+11.0% | $78.2M+8.4% | $72.1M+10.9% | $65.0M+13.6% | $57.2M+11.2% | $51.5M+13.7% | $45.3M |
PNTG Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.4M-116.2% | $21.0M+50.5% | $13.9M-59.8% | $34.6M+263.2% | -$21.2M-203.2% | $20.6M+167.4% | $7.7M-26.7% | $10.5M |
| Capital Expenditures | $5.3M+48.1% | $3.6M+3.0% | $3.5M+12.8% | $3.1M+56.3% | $2.0M-41.0% | $3.3M+265.9% | $908K-43.9% | $1.6M |
| Free Cash Flow | -$8.7M-149.9% | $17.4M+66.2% | $10.5M-66.9% | $31.6M+236.2% | -$23.2M-234.5% | $17.2M+154.2% | $6.8M-23.5% | $8.9M |
| Investing Cash Flow | -$5.4M+96.5% | -$153.0M-948.4% | -$14.6M-45.2% | -$10.1M+80.0% | -$50.3M-1044.0% | -$4.4M+86.7% | -$33.0M-242.3% | -$9.6M |
| Financing Cash Flow | -$3.3M-102.3% | $146.8M+1390.0% | -$11.4M+26.2% | -$15.4M-129.4% | $52.5M+1354.4% | $3.6M-86.5% | $26.7M+5182.7% | -$526K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PNTG Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.5%+0.4pp | 18.1%-1.0pp | 19.0%-0.2pp | 19.2%-0.3pp | 19.6%+0.4pp | 19.2%-0.9pp | 20.1%+0.2pp | 19.8% |
| Operating Margin | 6.1%+0.0pp | 6.0%+1.6pp | 4.5%-0.8pp | 5.3%-0.8pp | 6.0%+1.1pp | 4.9%-1.1pp | 6.0%+0.3pp | 5.7% |
| Net Margin | 3.0%0.0pp | 3.0%+0.3pp | 2.7%-0.6pp | 3.2%-0.5pp | 3.7%+0.7pp | 3.0%-0.4pp | 3.4%+0.1pp | 3.4% |
| Return on Equity | 2.2%-0.1pp | 2.3%+0.5pp | 1.8%-0.3pp | 2.1%-0.3pp | 2.4%+0.6pp | 1.8%-1.5pp | 3.3%+0.0pp | 3.3% |
| Return on Assets | 0.9%0.0pp | 0.9%+0.1pp | 0.8%-0.1pp | 0.9%-0.1pp | 1.1%+0.2pp | 0.9%-0.1pp | 1.0%+0.0pp | 0.9% |
| Current Ratio | 1.19+0.1 | 1.14+0.1 | 1.04-0.2 | 1.21-0.2 | 1.41+0.2 | 1.21+0.1 | 1.120.0 | 1.12 |
| Debt-to-Equity | 0.42-0.0 | 0.45+0.4 | 0.08-0.0 | 0.11-0.1 | 0.16+0.2 | 0.00-0.6 | 0.58+0.1 | 0.47 |
| FCF Margin | -3.0%-9.0pp | 6.0%+1.4pp | 4.6%-9.8pp | 14.4%+25.4pp | -11.1%-20.2pp | 9.1%+5.4pp | 3.8%-1.5pp | 5.3% |
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Frequently Asked Questions
What is Pennant Group Inc's annual revenue?
Pennant Group Inc (PNTG) reported $947.7M in total revenue for fiscal year 2025. This represents a 36.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Pennant Group Inc's revenue growing?
Pennant Group Inc (PNTG) revenue grew by 36.3% year-over-year, from $695.2M to $947.7M in fiscal year 2025.
Is Pennant Group Inc profitable?
Yes, Pennant Group Inc (PNTG) reported a net income of $29.6M in fiscal year 2025, with a net profit margin of 3.1%.
What is Pennant Group Inc's EBITDA?
Pennant Group Inc (PNTG) had EBITDA of $60.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Pennant Group Inc have?
As of fiscal year 2025, Pennant Group Inc (PNTG) had $17.0M in cash and equivalents against $168.8M in long-term debt.
What is Pennant Group Inc's gross margin?
Pennant Group Inc (PNTG) had a gross margin of 18.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Pennant Group Inc's operating margin?
Pennant Group Inc (PNTG) had an operating margin of 5.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Pennant Group Inc's net profit margin?
Pennant Group Inc (PNTG) had a net profit margin of 3.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Pennant Group Inc's return on equity (ROE)?
Pennant Group Inc (PNTG) has a return on equity of 7.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Pennant Group Inc's free cash flow?
Pennant Group Inc (PNTG) generated $36.3M in free cash flow during fiscal year 2025. This represents a 19.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Pennant Group Inc's operating cash flow?
Pennant Group Inc (PNTG) generated $48.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Pennant Group Inc's total assets?
Pennant Group Inc (PNTG) had $968.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Pennant Group Inc's capital expenditures?
Pennant Group Inc (PNTG) invested $12.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Pennant Group Inc's current ratio?
Pennant Group Inc (PNTG) had a current ratio of 1.14 as of fiscal year 2025, which is considered adequate.
What is Pennant Group Inc's debt-to-equity ratio?
Pennant Group Inc (PNTG) had a debt-to-equity ratio of 0.45 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Pennant Group Inc's return on assets (ROA)?
Pennant Group Inc (PNTG) had a return on assets of 3.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Pennant Group Inc's Altman Z-Score?
Pennant Group Inc (PNTG) has an Altman Z-Score of 2.55, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Pennant Group Inc's Piotroski F-Score?
Pennant Group Inc (PNTG) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Pennant Group Inc's earnings high quality?
Pennant Group Inc (PNTG) has an earnings quality ratio of 1.63x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Pennant Group Inc cover its interest payments?
Pennant Group Inc (PNTG) has an interest coverage ratio of 7.8x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Pennant Group Inc?
Pennant Group Inc (PNTG) scores 49 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.