10x Insights
Loading account…
Companies / Health Care / PACS Group, Inc.
PACS

PACS Group, Inc.

Health CareHealth Services
Ticker PACSSALT LAKE CITY, UTFiscal year ends DecemberBook value per share $6.85Diluted shares 162.0M

PACS Group, Inc. (NYSE: PACS) operates post-acute healthcare facilities, primarily providing skilled nursing care, with senior care, assisted living and independent living options in some communities. Its facilities serve patients who need around-the-clock care after hospital discharge, including people receiving… From the company’s description.

In fiscal 2025, PACS Group, Inc. reported revenue of $5.29B, up 29.3% from fiscal 2024, and net income of $191.46M. Its operating margin was 5.9%, and operations generated $404.22M in cash. Over the twelve months to Jun 30, 2026, revenue was $5.55B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$5.29BFY2025
+29.3% year over year
Last 12 mo $5.55B
5.85%FY2025
+2.8 percentage points
Last 12 mo 7.39%
$191.46MFY2025
+245.9% year over year
Last 12 mo $269.13M
20.23%FY2025
+12.4 percentage points
Last 12 mo 24.24%
Cash & financing
$404.22MFY2025
+10.0% year over year
Last 12 mo $573.25M
$298.82MFY2025
−0.7% year over year
Last 12 mo $455.78M
0.37FY2025
Was 0.57× a year earlier
Last 12 mo 0.22
156.7MFY2025
+5.5% year over year
Last 12 mo 162.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What PACS Group, Inc. does

In the company’s own words

PACS Group, Inc. (NYSE: PACS) operates post-acute healthcare facilities, primarily providing skilled nursing care, with senior care, assisted living and independent living options in some communities. Its facilities serve patients who need around-the-clock care after hospital discharge, including people receiving short-term transitional or long-term custodial care. The company supports independently operated facilities with PACS Services, a centralized suite of technology, administrative, clinical, compliance and back-office services, while local teams manage day-to-day operations. PACS has one reportable business focused on skilled nursing services; for 2025, its 150 Mature, 102 Ramping and 69 New facilities generated $2.9 billion, $1.1 billion and $1.2 billion in skilled nursing services revenue, respectively. Founded in 2013, the company’s acquisition strategy centers on acquiring underperforming facilities and developing them into higher-acuity transitional care providers. At December 31, 2025, it operated 321 facilities across 17 states and served more than 31,700 patients daily; revenue for 2025 was $5.3 billion. Its website is https://www.pacs.com.

Company details
Sector
Health Care
Industry (SIC)
Health Services
Headquarters
SALT LAKE CITY, UT
Fiscal year end
December
CIK
2001184
SIC
8051

Financial performance, year by year

Fiscal 2024–2025 · USD
$-555.10M$1.11B$2.78B$4.44B$6.11B20242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns PACS Group, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

260
funds hold it
0 of 35
superinvestors hold it
$1.04B
held by funds, at market
16.9%
of shares held by funds

Largest fund holders · PACS Group, Inc.’s weight in each

Cohen & Steers Real Estate Securities Fund
CSEIX · COHEN & STEERS REAL ESTATE SECURITIES FUND INC
1.19%of fund net assets
Fidelity Value Fund
FDVLX · Fidelity Capital Trust
—of fund net assets
Cohen & Steers Institutional Realty Shares
CSRIX · COHEN & STEERS INSTITUTIONAL REALTY SHARES INC
0.62%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Cohen & Steers Realty Shares
CSRSX · COHEN & STEERS REALTY SHARES INC
0.64%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do PACS Group, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of PACS Group, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in PACS Group, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.