Pennant Group Inc Financials
Pennant Group Inc (PNTG) reported $947.7M in revenue for fiscal year 2025, up 36.3% from the prior fiscal year. This page shows its 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).
Rapid expansion is being financed through heavy investment and debt financing while operating margins remain nearly flat.
From FY2023 to FY2025, total assets expanded79.4% while goodwill grew160.7% , showing the balance sheet scaled faster than the operating base. FY2025 investing cash flow of-$228.0M alongside financing inflow of$172.5M indicates that expansion required substantial external funding, not merely retained operating cash.
Cash conversion is favorable: FY2025 operating cash flow reached
Gross margin eased from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. 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 59/100, indicating healthy but not exceptional operating efficiency. This is unchanged from 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 90/100.
Pennant Group Inc has elevated debt relative to equity (D/E of 0.45), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 25/100, reflecting increased financial risk.
Pennant Group Inc's current ratio of 1.14 is below the typical benchmark, resulting in a score of 26/100. 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 44/100. The company generates positive cash flow after capital investments, but with room for improvement.
Pennant Group Inc's ROE of 7.9% shows moderate profitability relative to equity, earning a score of 55/100. This is up from 7.2% the prior year.
Pennant Group Inc scores 2.68, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($1.4B) relative to total liabilities ($593.9M). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Pennant Group Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 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 $7.77 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.
Not reported for fiscal year 2025.
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. That is unchanged 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.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
PNTG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $947.7M+36.3% | $695.2M+27.6% | $544.9M+15.1% | $473.2M+7.6% | $439.7M+12.5% | $391.0M+15.5% | $338.5M+18.3% | $286.1M+14.0% | $251.0M |
| Cost of Revenue | $897.8M | $768.5M+37.6% | $558.4M+27.5% | $438.1M+16.3% | $376.6M+7.5% | $350.2M+18.0% | $296.9M+14.6% | $258.9M+21.9% | $212.4M+13.4% | $187.3M |
| Gross Profit | $203.9M | $179.2M+31.0% | $136.8M+28.1% | $106.8M+10.6% | $96.6M+8.0% | $89.5M-4.9% | $94.1M+18.2% | $79.6M+8.1% | $73.6M+15.6% | $63.7M |
| SG&A Expenses | $79.9M | $71.1M+41.6% | $50.2M+36.9% | $36.7M+7.9% | $34.0M-6.3% | $36.3M | N/A | N/A | N/A | N/A |
| Operating Income | $62.2M | $51.9M+36.1% | $38.1M+51.4% | $25.2M+97.6% | $12.7M+171.3% | $4.7M-75.2% | $18.9M+233.6% | $5.7M-72.5% | $20.6M+34.0% | $15.4M |
| Interest Expense | $10.7M | $6.7M-4.0% | $7.0M+17.4% | $5.9M+55.2% | $3.8M+96.6% | $1.9M+56.7% | $1.2M+202.2% | $410K | $0 | N/A |
| Income Tax | $14.1M | $11.9M+68.8% | $7.0M+23.9% | $5.7M+244.1% | $1.6M+183.3% | $582K-75.2% | $2.4M+12.7% | $2.1M-52.1% | $4.4M-19.0% | $5.4M |
| Net Income | $32.3M | $29.6M+31.1% | $22.6M+68.6% | $13.4M+101.4% | $6.6M+146.4% | $2.7M-82.9% | $15.7M+518.4% | $2.5M-83.8% | $15.7M+59.0% | $9.9M |
| EPS (Diluted) | — | $0.84+20.0% | $0.70+59.1% | $0.44+100.0% | $0.22+144.4% | $0.09-82.7% | $0.52+372.7% | $0.11-81.0% | $0.58+61.1% | $0.36 |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
PNTG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $968.2M+42.5% | $679.5M+25.9% | $539.7M+5.4% | $512.1M-3.4% | $530.3M+4.6% | $507.0M+13.2% | $447.8M+356.2% | $98.2M | N/A |
| Current Assets | $167.4M+36.3% | $122.9M+53.4% | $80.1M+8.5% | $73.8M-2.7% | $75.8M+27.3% | $59.6M+54.1% | $38.7M+32.8% | $29.1M | N/A |
| Cash & Equivalents | $17.0M-29.8% | $24.2M+300.2% | $6.1M+191.4% | $2.1M-59.9% | $5.2M+11969.8% | $43K-89.3% | $402K+880.5% | $41K+13.9% | $36K |
| Accounts Receivable | $123.1M+51.4% | $81.3M+33.0% | $61.1M+14.4% | $53.4M-1.0% | $53.9M+14.2% | $47.2M+46.7% | $32.2M+31.5% | $24.5M | N/A |
| Goodwill | $237.2M+83.7% | $129.1M+41.9% | $91.0M+14.5% | $79.5M+7.0% | $74.3M+11.8% | $66.4M+61.1% | $41.2M+33.5% | $30.9M+10.5% | $28.0M |
| Total Liabilities | $593.9M+61.6% | $367.6M-6.8% | $394.2M+2.0% | $386.5M-7.1% | $416.1M+2.5% | $405.8M+7.7% | $376.6M+1046.1% | $32.9M | N/A |
| Current Liabilities | $147.3M+44.8% | $101.7M+42.1% | $71.5M+1.9% | $70.2M-1.9% | $71.6M-19.5% | $89.0M+73.9% | $51.2M+73.3% | $29.5M | N/A |
| Long-Term Debt | $168.8M | N/A | $63.9M+1.6% | $62.9M+22.4% | $51.4M+520.7% | $8.3M-55.3% | $18.5M | $0 | N/A |
| Total Equity | $374.3M+20.0% | $312.0M+114.4% | $145.5M+15.8% | $125.7M+10.0% | $114.2M+12.9% | $101.2M+42.3% | $71.1M+27.3% | $55.9M-6.8% | $59.9M |
| Retained Earnings | $86.8M+51.7% | $57.2M+65.1% | $34.7M+62.9% | $21.3M+45.4% | $14.6M+22.6% | $11.9M+414.4% | -$3.8M | $0 | N/A |
Not reported in any period shown, so not listed: Inventory.
PNTG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $53.3M | $48.3M+22.9% | $39.3M+18.8% | $33.1M+265.9% | $9.0M+149.6% | -$18.2M-136.3% | $50.2M+425.5% | $9.6M-59.0% | $23.3M+34.9% | $17.3M |
| Capital Expenditures | $18.6M | $12.0M+33.9% | $9.0M+10.9% | $8.1M-42.8% | $14.2M+124.8% | $6.3M-13.1% | $7.3M+8.0% | $6.7M+86.3% | $3.6M+15.0% | $3.1M |
| Free Cash Flow | $34.7M | $36.3M+19.6% | $30.3M+21.3% | $25.0M+587.4% | -$5.1M+79.1% | -$24.5M-157.1% | $43.0M+1412.4% | $2.8M-85.6% | $19.7M+39.3% | $14.1M |
| Investing Cash Flow | -$212.9M | -$228.0M-222.5% | -$70.7M-133.9% | -$30.2M-24.7% | -$24.2M-20.5% | -$20.1M+51.7% | -$41.6M-57.2% | -$26.5M-179.3% | -$9.5M+41.1% | -$16.1M |
| Financing Cash Flow | $160.5M | $172.5M+247.9% | $49.6M+4358.0% | $1.1M-90.8% | $12.1M-72.2% | $43.5M+586.1% | -$8.9M-151.8% | $17.3M+225.2% | -$13.8M-1088.0% | -$1.2M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | $0 | $0-100.0% | $11.6M | $0 | $0 |
| Share Buybacks | N/A | N/A | N/A | N/A | $0 | $0-100.0% | $65K | $0 | $0 | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
PNTG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.9%-0.8pp | 19.7%+0.1pp | 19.6%-0.8pp | 20.4%+0.1pp | 20.3%-3.7pp | 24.1%+0.6pp | 23.5%-2.2pp | 25.7%+0.4pp | 25.4% |
| Operating Margin | 5.5%0.0pp | 5.5%+0.9pp | 4.6%+1.9pp | 2.7%+1.6pp | 1.1%-3.8pp | 4.8%+3.2pp | 1.7%-5.5pp | 7.2%+1.1pp | 6.1% |
| Net Margin | 3.1%-0.1pp | 3.2%+0.8pp | 2.5%+1.1pp | 1.4%+0.8pp | 0.6%-3.4pp | 4.0%+3.3pp | 0.8%-4.7pp | 5.5%+1.6pp | 3.9% |
| Return on Equity | 7.9%+0.7pp | 7.2%-2.0pp | 9.2%+3.9pp | 5.3%+2.9pp | 2.4%-13.2pp | 15.6%+12.0pp | 3.6%-24.5pp | 28.1%+11.6pp | 16.5% |
| Return on Assets | 3.1%-0.3pp | 3.3%+0.8pp | 2.5%+1.2pp | 1.3%+0.8pp | 0.5%-2.6pp | 3.1%+2.5pp | 0.6%-15.4pp | 16.0% | N/A |
| Current Ratio | 1.14-0.1x | 1.21+0.1x | 1.12+0.1x | 1.050.0x | 1.06+0.4x | 0.67-0.1x | 0.76-0.2x | 0.99 | N/A |
| Debt-to-Equity | 0.45-0.7x | 1.18+0.7x | 0.44-0.1x | 0.50+0.1x | 0.45+0.4x | 0.08-0.2x | 0.26+0.3x | 0.00 | N/A |
| FCF Margin | 3.8%-0.5pp | 4.4%-0.2pp | 4.6%+5.7pp | -1.1%+4.5pp | -5.6%-16.6pp | 11.0%+10.1pp | 0.8%-6.0pp | 6.9%+1.3pp | 5.6% |
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Where Pennant Group Inc Ranks
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 2.68, 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 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 7.77x, 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 50 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.