NASDAQ : HCSG
Healthcare Services Group, Inc. — Financial statements
Healthcare · Medical Care Facilities · United States
Last price 24.52 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.65B
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Financial statements
Healthcare Services Group, Inc. (HCSG) reported revenue of 1.88B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.88B | 1.84B | 1.72B | 1.67B | 1.69B | 1.64B |
| Cost of Revenue | 1.58B | 1.60B | 1.49B | 1.46B | 1.50B | 1.41B |
| Gross Profit | 303.09M | 239.41M | 228.09M | 214.75M | 193.31M | 230.57M |
| Selling, General & Admin | 189.23M | 190.87M | 183.06M | 166.77M | 140.34M | 173.11M |
| Operating Expenses | 189.23M | 190.87M | 183.06M | 166.77M | 140.34M | 173.11M |
| Operating Income | 113.86M | 48.54M | 45.03M | 47.97M | 52.97M | 57.46M |
| Interest Expense | -1.68M | -1.58M | -6.44M | -7.86M | -2.99M | -1.39M |
| Interest & Investment Income | 15.62M | 20.72M | 14.70M | 12.95M | ||
| Other Non Operating Income (Expenses) | -5.39M | 9.38M | ||||
| EBT Excluding Unusual Items | 127.80M | 67.68M | 53.30M | 53.07M | 44.59M | 65.46M |
| Gain (Loss) on Sale of Investments | 22.00K | 185.00K | -355.00K | -12.00K | -37.00K | 55.00K |
| Pretax Income | 127.82M | 67.87M | 52.94M | 53.06M | 44.55M | 65.51M |
| Income Tax Expense | 22.95M | 8.81M | 13.47M | 14.67M | 10.31M | 16.97M |
| Net Income | 104.88M | 59.06M | 39.47M | 38.39M | 34.24M | 48.54M |
| Net Income to Common | 104.88M | 59.06M | 39.47M | 38.39M | 34.24M | 48.54M |
| Shares Outstanding (Basic) | 69.27M | 72.38M | 73.75M | 74.29M | 74.34M | 74.82M |
| Shares Outstanding (Diluted) | 70.49M | 73.03M | 73.99M | 74.34M | 74.35M | 74.96M |
| EPS (Basic) | 1.51 | 0.82 | 0.54 | 0.52 | 0.46 | 0.65 |
| EPS (Diluted) | 1.49 | 0.81 | 0.53 | 0.52 | 0.46 | 0.65 |
| Free Cash Flow | 106.68M | 139.15M | 24.47M | 38.09M | -13.38M | 31.42M |
| Free Cash Flow Per Share | 1.51 | 1.91 | 0.33 | 0.51 | -0.18 | 0.42 |
| Dividend Per Share | 0.64 | 0.84 | ||||
| Gross Margin | 16.12% | 13.03% | 13.29% | 12.85% | 11.44% | 14.04% |
| Operating Margin | 6.06% | 2.64% | 2.62% | 2.87% | 3.13% | 3.50% |
| Profit Margin | 5.58% | 3.21% | 2.30% | 2.30% | 2.03% | 2.96% |
| Free Cash Flow Margin | 5.67% | 7.57% | 1.43% | 2.28% | -0.79% | 1.91% |
| EBITDA | 121.91M | 57.02M | 51.81M | 55.92M | 62.18M | 65.72M |
| EBITDA Margin | 6.49% | 3.10% | 3.02% | 3.35% | 3.68% | 4.00% |
| D&A For EBITDA | 8.05M | 8.48M | 6.79M | 7.94M | 9.22M | 8.27M |
| EBIT | 113.86M | 48.54M | 45.03M | 47.97M | 52.97M | 57.46M |
| EBIT Margin | 6.06% | 2.64% | 2.62% | 2.87% | 3.13% | 3.50% |
| Effective Tax Rate | 17.95% | 12.98% | 25.44% | 27.65% | 23.14% | 25.90% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 134.60M | 125.19M | 56.78M | 54.33M | 26.28M | 70.79M |
| Short-Term Investments | 34.22M | 42.77M | 50.53M | 93.13M | 95.20M | 114.40M |
| Cash & Short-Term Investments | 168.82M | 167.96M | 107.31M | 147.46M | 121.48M | 185.19M |
| Accounts Receivable | 334.10M | 312.55M | 382.34M | 383.51M | 336.78M | 293.39M |
| Other Receivables | 22.25M | 6.63M | 8.81M | |||
| Receivables | 334.10M | 334.79M | 382.34M | 383.51M | 343.41M | 302.20M |
| Inventory | 15.53M | 16.80M | 16.75M | 18.48M | 21.16M | 26.02M |
| Prepaid Expenses | 12.32M | 8.32M | 11.90M | 20.75M | 20.98M | 25.98M |
| Restricted Cash | 115.00K | 5.58M | 3.35M | |||
| Other Current Assets | 51.88M | 42.97M | 35.00M | 1.50M | 1.60M | 7.00M |
| Total Current Assets | 582.76M | 576.41M | 556.65M | 571.70M | 508.63M | 546.38M |
| Property, Plant & Equipment | 30.78M | 27.59M | 28.20M | 28.77M | 22.98M | 28.10M |
| Goodwill | 90.46M | 79.80M | 75.53M | 75.53M | 75.53M | 74.75M |
| Other Intangible Assets | 16.86M | 6.96M | 9.44M | 12.13M | 15.95M | 20.80M |
| Long-Term Deferred Tax Assets | 18.64M | 18.47M | 38.17M | 35.23M | 30.84M | 31.54M |
| Other Long-Term Assets | 68.56M | 59.81M | 53.73M | 42.47M | 34.30M | 46.69M |
| Total Assets | 850.40M | 794.25M | 802.77M | 790.65M | 720.84M | 777.53M |
| Accounts Payable | 92.17M | 77.38M | 81.15M | 83.22M | 68.30M | 64.42M |
| Accrued Expenses | 85.73M | 65.02M | 87.12M | 94.10M | 90.42M | 120.21M |
| Short-Term Debt | 25.00M | 25.00M | ||||
| Current Portion of Leases | 6.61M | 5.36M | 8.42M | 7.40M | 5.30M | 6.50M |
| Current Income Taxes Payable | 1.73M | 8.39M | 7.20M | |||
| Current Unearned Revenue | 6.82M | 8.93M | 4.47M | |||
| Other Current Liabilities | 13.36M | 13.69M | 2.99M | |||
| Total Current Liabilities | 206.42M | 170.38M | 192.55M | 216.93M | 189.01M | 191.12M |
| Long-Term Leases | 11.43M | 9.66M | 8.03M | 11.23M | 8.10M | 11.30M |
| Other Long-Term Liabilities | 101.09M | 104.01M | 102.27M | 105.87M | 105.45M | 122.43M |
| Total Liabilities | 318.95M | 284.04M | 302.85M | 334.04M | 302.56M | 324.85M |
| Common Stock | 773.00K | 768.00K | 765.00K | 763.00K | 762.00K | 760.00K |
| Additional Paid-In Capital | 334.30M | 327.96M | 318.36M | 310.44M | 302.30M | 294.12M |
| Retained Earnings | 357.30M | 283.67M | 224.56M | 185.01M | 146.60M | 183.96M |
| Treasury Stock | -157.56M | -101.73M | -41.44M | -37.75M | -27.91M | -30.16M |
| Comprehensive Income & Other | -3.36M | -448.00K | -2.32M | -1.84M | -3.48M | 4.00M |
| Shareholders' Equity | 531.45M | 510.21M | 499.93M | 456.62M | 418.28M | 452.68M |
| Total Liabilities & Equity | 850.40M | 794.25M | 802.77M | 790.65M | 720.84M | 777.53M |
| Total Debt | 18.04M | 15.02M | 16.45M | 43.63M | 38.40M | 17.80M |
| Net Cash (Debt) | 150.78M | 152.95M | 90.86M | 103.83M | 83.08M | 167.39M |
| Net Cash Per Share | 2.14 | 2.09 | 1.23 | 1.40 | 1.12 | 2.23 |
| Filing Date Shares Outstanding | 67.43M | 70.27M | 73.49M | 73.58M | 74.39M | 74.00M |
| Total Common Shares Outstanding | 67.43M | 69.60M | 73.20M | 73.34M | 74.09M | 73.77M |
| Working Capital | 376.34M | 406.04M | 364.11M | 354.77M | 319.62M | 355.26M |
| Book Value Per Share | 7.88 | 7.33 | 6.83 | 6.23 | 5.65 | 6.14 |
| Tangible Book Value | 424.13M | 423.45M | 414.96M | 368.96M | 326.80M | 357.12M |
| Tangible Book Value Per Share | 6.29 | 6.08 | 5.67 | 5.03 | 4.41 | 4.84 |
| Machinery | 28.94M | 27.76M | 25.25M | 22.63M | 19.67M | 19.35M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 104.88M | 59.06M | 39.47M | 38.39M | 34.24M | 48.54M |
| Depreciation & Amortization | 15.25M | 16.78M | 14.59M | 14.34M | 15.32M | 14.67M |
| Loss (Gain) From Sale of Assets | 482.00K | 422.00K | 654.00K | 818.00K | 1.14M | 1.47M |
| Loss (Gain) From Sale of Investments | -5.27M | -7.03M | -6.66M | -4.50M | 11.64M | -4.12M |
| Loss (Gain) on Equity Investments | 92.00K | 2.39M | 532.00K | |||
| Stock-Based Compensation | 11.65M | 12.01M | 9.16M | 8.98M | 9.21M | 8.83M |
| Provision & Write-off of Bad Debts | 8.52M | 83.08M | 46.76M | 35.60M | 31.97M | 10.48M |
| Other Operating Activities | 4.68M | 18.82M | -3.51M | -5.97M | 2.55M | 4.08M |
| Change in Accounts Receivable | -41.53M | 5.23M | -61.81M | -74.56M | -78.71M | -37.19M |
| Change in Inventory | 1.67M | -48.00K | 1.73M | 2.69M | 4.85M | 5.60M |
| Change in Accounts Payable | -1.67M | -12.06M | -9.74M | 7.43M | -13.75M | 10.24M |
| Change in Income Taxes | 17.30M | -30.64M | 1.19M | 572.00K | 2.18M | -8.42M |
| Change in Other Net Operating Assets | -2.88M | -3.03M | -1.56M | 19.71M | -28.82M | -17.08M |
| Operating Cash Flow | 113.16M | 144.97M | 30.80M | 43.50M | -8.17M | 37.11M |
| Capital Expenditures | -6.48M | -5.82M | -6.34M | -5.41M | -5.21M | -5.69M |
| Sale of Property, Plant & Equipment | 179.00K | 105.00K | 211.00K | 121.00K | 393.00K | 211.00K |
| Cash Acquisitions | -22.72M | -7.15M | -114.00K | -23.88M | ||
| Investment in Securities | 5.06M | 1.86M | 12.17M | 1.99M | 7.51M | 6.36M |
| Investing Cash Flow | -23.96M | -11.00M | 6.05M | -3.29M | 2.58M | -22.99M |
| Short-Term Debt Issued | 25.00M | |||||
| Total Debt Issued | 25.00M | |||||
| Short-Term Debt Repaid | -25.00M | |||||
| Total Debt Repaid | -25.00M | |||||
| Net Debt Issued (Repaid) | -25.00M | 25.00M | ||||
| Issuance of Common Stock | 1.49M | 516.00K | 2.52M | |||
| Repurchase of Common Stock | -80.39M | -63.33M | -6.05M | -12.15M | -1.07M | -22.95M |
| Common Dividends Paid | -63.37M | -62.23M | ||||
| Financing Cash Flow | -78.90M | -63.33M | -31.05M | -12.15M | -38.93M | -82.65M |
| Net Cash Flow | 10.29M | 70.64M | 5.80M | 28.05M | -44.52M | -68.54M |
| Free Cash Flow | 106.68M | 139.15M | 24.47M | 38.09M | -13.38M | 31.42M |
| Free Cash Flow Margin | 5.67% | 7.57% | 1.43% | 2.28% | -0.79% | 1.91% |
| Free Cash Flow Per Share | 1.51 | 1.91 | 0.33 | 0.51 | -0.18 | 0.42 |
| Levered Free Cash Flow | 92.23M | 74.72M | 16.60M | 32.26M | -828.50K | 27.92M |
| Unlevered Free Cash Flow | 93.28M | 75.71M | 20.63M | 37.17M | 1.04M | 28.78M |
| Cash Interest Paid | 1.68M | 1.68M | 6.49M | 7.81M | 2.82M | 1.39M |
| Cash Income Tax Paid | 20.39M | 20.39M | 15.23M | 5.58M | 3.31M | 21.23M |
| Change in Working Capital | -27.13M | -40.55M | -70.19M | -44.16M | -114.24M | -46.84M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.74B | 1.35B | 851.28M | 765.81M | 889.06M | 1.33B |
| Enterprise Value | 1.59B | 1.18B | 789.51M | 708.37M | 814.87M | 1.14B |
| Last Close Price | 25.76 | 19.12 | 11.62 | 10.37 | 12.00 | 16.82 |
| PE Ratio | 17.32 | 22.81 | 21.57 | 19.95 | 25.96 | 27.32 |
| Forward PE | 21.90 | 20.89 | 14.23 | 15.25 | 20.62 | 23.87 |
| PS Ratio | 0.92 | 0.73 | 0.50 | 0.46 | 0.53 | 0.81 |
| PB Ratio | 3.27 | 2.64 | 1.70 | 1.68 | 2.13 | 2.93 |
| P/TBV Ratio | 4.10 | 3.18 | 2.05 | 2.08 | 2.72 | 3.71 |
| P/FCF Ratio | 16.28 | 9.68 | 34.79 | 20.10 | 42.20 | |
| P/OCF Ratio | 15.35 | 9.29 | 27.64 | 17.61 | 35.73 | |
| PEG Ratio | 1.44 | 1.44 | 1.70 | 2.29 | 1.99 | |
| EV/Sales Ratio | 0.84 | 0.64 | 0.46 | 0.42 | 0.48 | 0.69 |
| EV/EBITDA Ratio | 13.01 | 20.76 | 15.24 | 12.67 | 13.10 | 17.33 |
| EV/EBIT Ratio | 13.93 | 24.38 | 17.53 | 14.77 | 15.38 | 19.82 |
| EV/FCF Ratio | 14.87 | 8.51 | 32.27 | 18.60 | 36.25 | |
| Debt / Equity Ratio | 0.03 | 0.03 | 0.03 | 0.10 | 0.09 | 0.04 |
| Debt / EBITDA Ratio | 0.13 | 0.22 | 0.26 | 0.67 | 0.55 | 0.24 |
| Debt / FCF Ratio | 0.17 | 0.11 | 0.67 | 1.15 | 0.57 | |
| Net Debt / Equity Ratio | -0.28 | -0.30 | -0.18 | -0.23 | -0.20 | -0.37 |
| Net Debt / EBITDA Ratio | -1.24 | -2.68 | -1.75 | -1.86 | -1.34 | -2.55 |
| Net Debt / FCF Ratio | -1.41 | -1.10 | -3.71 | -2.73 | 6.21 | -5.33 |
| Asset Turnover | 2.27 | 2.30 | 2.15 | 2.21 | 2.26 | 2.10 |
| Inventory Turnover | 96.34 | 95.26 | 84.45 | 73.49 | 63.45 | 49.01 |
| Quick Ratio | 2.44 | 2.95 | 2.54 | 2.45 | 2.46 | 2.55 |
| Current Ratio | 2.82 | 3.38 | 2.89 | 2.63 | 2.69 | 2.86 |
| Return on Equity (ROE) | 20.41% | 11.69% | 8.25% | 8.77% | 7.86% | 10.40% |
| Return on Assets (ROA) | 8.60% | 3.80% | 3.53% | 3.97% | 4.42% | 4.60% |
| Return on Invested Capital (ROIC) | 24.83% | 11.02% | 8.81% | 10.09% | 13.12% | 16.44% |
| Return on Capital Employed (ROCE) | 17.70% | 7.80% | 7.40% | 8.40% | 10.00% | 9.80% |
| Earnings Yield | 5.77% | 4.38% | 4.64% | 5.01% | 3.85% | 3.66% |
| FCF Yield | 6.14% | 10.33% | 2.87% | 4.97% | -1.50% | 2.37% |
| Dividend Yield | 5.34% | 4.66% | ||||
| Payout Ratio | 185.07% | 128.19% | ||||
| Buyback Yield / Dilution | 4.25% | 1.29% | 0.47% | 0.01% | 0.81% | -0.24% |
| Total Shareholder Return | 4.25% | 1.29% | 0.47% | 0.01% | 6.16% | 4.42% |