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Pennant Group (Pennant Group) Net Margin % : 3.13% (As of Mar. 2024)


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What is Pennant Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Pennant Group's Net Income for the three months ended in Mar. 2024 was $4.9 Mil. Pennant Group's Revenue for the three months ended in Mar. 2024 was $156.9 Mil. Therefore, Pennant Group's net margin for the quarter that ended in Mar. 2024 was 3.13%.

The historical rank and industry rank for Pennant Group's Net Margin % or its related term are showing as below:

PNTG' s Net Margin % Range Over the Past 10 Years
Min: 0.61   Med: 3.05   Max: 5.48
Current: 2.86


PNTG's Net Margin % is ranked better than
54.14% of 652 companies
in the Healthcare Providers & Services industry
Industry Median: 1.53 vs PNTG: 2.86

Pennant Group Net Margin % Historical Data

The historical data trend for Pennant Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pennant Group Net Margin % Chart

Pennant Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 0.75 4.03 0.61 1.40 2.46

Pennant Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.46 2.11 3.13 2.98 3.13

Competitive Comparison of Pennant Group's Net Margin %

For the Medical Care Facilities subindustry, Pennant Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pennant Group's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pennant Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Pennant Group's Net Margin % falls into.



Pennant Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Pennant Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=13.379/544.891
=2.46 %

Pennant Group's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=4.906/156.915
=3.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pennant Group  (NAS:PNTG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Pennant Group Net Margin % Related Terms

Thank you for viewing the detailed overview of Pennant Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pennant Group (Pennant Group) Business Description

Traded in Other Exchanges
Address
1675 East Riverside Drive, Suite 150, Eagle, ID, USA, 83616
Pennant Group Inc is engaged in providing healthcare services to patients of all ages, including the growing senior population, in the United States. It operates in multiple lines of business including home health and hospice services which includes our home health, hospice, and home care businesses and Senior living which includes the company's assisted living, independent living, and memory care communities across Arizona, California, Colorado, Idaho, Iowa, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The majority of the revenue is generated from the Home Health and Hospice Services segment.
Executives
Jennifer Freeman officer: Chief Financial Officer C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 120, EAGLE ID 83616
Lynette Walbom officer: Chief Financial Officer 1675 E. RIVERSIDE DR., SUITE 150, EAGLE ID 83616
John J Gochnour officer: Chief Operating Officer C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 100, EAGLE ID 83616
Joanne Stringfield director C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 120, EAGLE ID 83616
Barry M Smith director 4800 N SCOTTSDALE RD, SUITE 5000, SCOTTSDALE AZ 85251
John G. Nackel director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Christopher R. Christensen director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Morris Gregory K Sr. director 1675 E RIVERSIDE DR, SUITE 150, EAGLE ID 83616
Daniel H Walker director, officer: See Remarks C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, STE 150, EAGLE ID 83616
Brent Guerisoli officer: President 1675 E RIVERSIDE DR, SUITE 150, EAGLE ID 83616
Derek J Bunker officer: See Remarks C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, STE 150, EAGLE ID 83616
Scott E Lamb director ICU MEDICAL, INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Roderic W Lewis director
Covey Stephen M R director
Ensign Group, Inc 10 percent owner 29222 RANCHO VIEJO RD., SUITE 127, SAN JUAN CAPISTRANO CA 92675

Pennant Group (Pennant Group) Headlines