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PACS Group PACS Finance Lease Liabilities

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Other financials

Income statement

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Revenue$1.4B+11.2%
Gross profit$346.0M+36.5%
Operating income$120.0M+149%
Net income$80.7M+183%
EPS (diluted)$0.50+194%

Balance sheet

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Cash & equivalents$273.7M-5.8%
Total debt$3.5B-3.2%
Total equity$1.0B+38.2%
Total assets$5.7B+3.1%

Cash flow

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Operating cash flow$236.3M+57.3%
CapEx$21.8M+23.2%
Free cash flow$214.5M+61.9%

Valuation

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Market cap$7.39B+331%
Enterprise value$10.58B+112%
P/E30.3×+17.3×
P/S1.4×+1.0×

Profitability

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Gross margin23%+3.7pp
Operating margin7%+4.6pp
Net margin4.5%+3.4pp
FCF margin7.7%

Returns & leverage

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Return on equity27.3%+15.8pp
Debt / equity3.3×-1.4×
Current ratio0.0×

Where this comes from

Reported directly by PACS Group in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

The source filing: PACS Group’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0002001184-26-000023

Finance lease right-of-use assets are included in property and equipment and have a balance of $166,785 and $150,595 as of March 31, 2026 and December 31, 2025, respectively. The current portion of finance lease liabilities is included in other accrued expenses and has a balance of $29,583 and $28,935 as of March 31, 2026 and December 31, 2025, respectively. The non-current portion of finance lease liabilities is included in other liabilities and has a balance of $141,143 and $126,960 as of March 31, 2026 and December 31, 2025, respectively.

Item 1. Financial Statements (unaudited)

FAQ

What is PACS Group's finance lease liabilities?
PACS Group (PACS) reported finance lease liabilities of $141.14M in Q1 2026.
How has PACS Group's finance lease liabilities changed year-over-year?
PACS Group's finance lease liabilities increased by 12.8% year-over-year, from $125.16M to $141.14M.
What is the long-term trend for PACS Group's finance lease liabilities?
Over 2 years (2023 to 2025), PACS Group's finance lease liabilities has grown at a 76.5% compound annual growth rate (CAGR), from $40.77M to $126.96M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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