PACS Group, Inc. (PACS) - Net Assets
Based on the latest financial reports, PACS Group, Inc. (PACS) has net assets worth $1.04 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.66 Billion) and total liabilities ($4.62 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PACS Group, Inc. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.04 Billion |
| % of Total Assets | 18.4% |
| Annual Growth Rate | 140.24% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 265.43 |
PACS Group, Inc. - Net Assets Trend (2022–2025)
This chart illustrates how PACS Group, Inc.'s net assets have evolved over time, based on quarterly financial data. See PACS Group, Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for PACS Group, Inc. (2022–2025)
The table below shows the annual net assets of PACS Group, Inc. from 2022 to 2025. For live valuation and market cap data, see PACS Group, Inc. (PACS) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $952.45 Million | +33.08% |
| 2024-12-31 | $715.69 Million | +603.55% |
| 2023-12-31 | $101.73 Million | +48.18% |
| 2022-12-31 | $68.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PACS Group, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 386.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $309.58 Million | 32.70% |
| Common Stock | $157.00K | 0.02% |
| Other Components | $637.03 Million | 67.29% |
| Total Equity | $946.77 Million | 100.00% |
PACS Group, Inc. Competitors by Market Cap
The table below lists competitors of PACS Group, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VSE Corporation
NASDAQ:VSEC
|
$5.57 Billion |
|
KBC Ancora
BR:KBCA
|
$5.58 Billion |
|
Primoris Services Corporation
NYSE:PRIM
|
$5.58 Billion |
|
Western Superconducting Tech Co Ltd
SHG:688122
|
$5.58 Billion |
|
NewMarket Corporation
NYSE:NEU
|
$5.57 Billion |
|
KEI Industries Limited
NSE:KEI
|
$5.57 Billion |
|
United Bankshares Inc
NASDAQ:UBSI
|
$5.57 Billion |
|
Zhejiang Longsheng Group Co Ltd
SHG:600352
|
$5.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PACS Group, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 715,691,000 to 946,771,000, a change of 231,080,000 (32.3%).
- Net income of 191,543,000 contributed positively to equity growth.
- Dividend payments of 33,721,000 reduced retained earnings.
- Other factors increased equity by 73,258,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $191.54 Million | +20.23% |
| Dividends Paid | $33.72 Million | -3.56% |
| Other Changes | $73.26 Million | +7.74% |
| Total Change | $- | 32.29% |
Book Value vs Market Value Analysis
This analysis compares PACS Group, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 84.67x to 5.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $0.42 | $35.89 | x |
| 2023-12-31 | $0.64 | $35.89 | x |
| 2024-12-31 | $4.61 | $35.89 | x |
| 2025-12-31 | $6.04 | $35.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PACS Group, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.62%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 5.90x
- Recent ROE (20.23%) is below the historical average (95.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 236.46% | 6.21% | 0.98x | 38.68x | $144.13 Million |
| 2023 | 117.42% | 3.63% | 0.89x | 36.54x | $103.26 Million |
| 2024 | 7.79% | 1.36% | 0.78x | 7.33x | $-15.81 Million |
| 2025 | 20.23% | 3.62% | 0.95x | 5.90x | $96.87 Million |
Industry Comparison
This section compares PACS Group, Inc.'s net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $441,613,417
- Average return on equity (ROE) among peers: 9102.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PACS Group, Inc. (PACS) | $1.04 Billion | 236.46% | 4.43x | $5.57 Billion |
| Acadia Healthcare Company Inc (ACHC) | $432.55 Million | 4.72% | 1.27x | $1.52 Billion |
| Addus HomeCare Corporation (ADUS) | $34.58 Million | 11.64% | 2.93x | $1.69 Billion |
| agilon health Inc (AGL) | $661.02 Million | -39.73% | 1.63x | $264.44 Million |
| Airsculpt Technologies Inc (AIRS) | $79.29 Million | -10.41% | 1.65x | $354.84 Million |
| Amedisys Inc (AMED) | $879.72 Million | 12.80% | 0.48x | $3.32 Billion |
| AMN Healthcare Services Inc (AMN) | $284.13 Million | 12.09% | 1.26x | $624.22 Million |
| American Shared Hospital Service (AMS) | $11.83 Million | 169.54% | 1.28x | $8.87 Million |
| American Oncology Network Inc. (AONC) | $24.17K | 90834.23% | 1.03x | $292.48 Million |
| Ardent Health Partners, Inc. (ARDT) | $1.52 Billion | 13.82% | 2.26x | $1.33 Billion |
| Astrana Health Inc (ASTH) | $510.64 Million | 13.50% | 0.70x | $1.90 Billion |
About PACS Group, Inc.
PACS Group, Inc., through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the United States. It also provides senior care and independent living facilities. The company engages in the acquisition, ownership, and leasing of health care-related properties. PACS Group, Inc. was founded in 2013 and is headquartered in Salt Lake City, Utah.