Pennant Group Inc
NASDAQ:PNTG
Pennant Group Inc
The Pennant Group, Inc. is a holding company, which engages in the provision of healthcare services to patients of all ages. The company is headquartered in Eagle, Idaho and currently employs 6,441 full-time employees. The company went IPO on 2019-09-19. The firm operates multiple lines of business, including home health, hospice and senior living across, Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming. The company provides home health and hospice services through approximately 88 agencies and senior living services at approximately 54 communities with approximately 4,127 units in its assisted living, independent living and memory care business. The firm operates through two segments: home health and hospice services, and senior living services. Home health and hospice services segment includes its home health, hospice and home care businesses. Senior living services segment includes its assisted living, independent living and memory care communities.
The Pennant Group, Inc. is a holding company, which engages in the provision of healthcare services to patients of all ages. The company is headquartered in Eagle, Idaho and currently employs 6,441 full-time employees. The company went IPO on 2019-09-19. The firm operates multiple lines of business, including home health, hospice and senior living across, Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming. The company provides home health and hospice services through approximately 88 agencies and senior living services at approximately 54 communities with approximately 4,127 units in its assisted living, independent living and memory care business. The firm operates through two segments: home health and hospice services, and senior living services. Home health and hospice services segment includes its home health, hospice and home care businesses. Senior living services segment includes its assisted living, independent living and memory care communities.
Strong Growth: Pennant Group had an exceptional 2025, with full year revenue rising 36.3% to $947.7 million and adjusted EPS of $1.18, exceeding the updated guidance midpoint.
Major Acquisitions: The company completed its largest acquisition ever in October, adding over 50 locations from UnitedHealth and Amedisys, and also acquired Signature Healthcare at Home at the start of the year.
2026 Guidance: Pennant issued 2026 guidance for revenue of $1.13–$1.17 billion (up 22.4% at midpoint), adjusted EBITDA of $88.5–$94.1 million, and adjusted EPS of $1.26–$1.36.
Integration Focus: Management emphasized that 2026 will be a year of transition, with a conservative outlook as Pennant integrates large new acquisitions, especially the UnitedHealth/Amedisys assets.
Operational Strength: Both Home Health & Hospice and Senior Living segments saw significant organic and acquisition-driven growth, with strong increases in admissions, occupancy, and margins.
Healthy Balance Sheet: The company expanded its credit facility, maintains comfortable leverage at 1.7x net debt/EBITDA, and is targeting $45–$55 million in 2026 operating cash flow.
