Concentra Group Holdings Parent, Inc. (CON) 10-Year Financial Performance & Capital Metrics

CON • • Industrial / General

HealthcareMedical EquipmentOccupational Health & Wellness ServicesOccupational Health Centers

AboutConcentra Group Holdings Parent, Inc. provides occupational health services in the United States. The company offers occupational and consumer health services, including workers' compensation injury care, urgent care, clinical testing, preventative care, and employer services, as well as wellness programs through occupational health centers and onsite clinics. It also provides Concentra Telemed, a telemedicine solution for the treatment of work-related injuries and illnesses, and employer services; pharmacy solution under the Concentra Pharmacy name; and Concentra Medical Compliance Administration, a third-party administrator that helps to manage abuse testing programs for employers with regulated or non-regulated workforces. The company was founded in 1979 and is based in Mechanicsburg, Pennsylvania. Concentra Group Holdings Parent, Inc. operates as a subsidiary of Select Medical Corporation.Show more

Revenue $1.9B +3.4%
EBITDA $372M +3.1%
Net Income $167M -7.4%
EPS (Diluted) 1.30 -8.5%
Gross Margin 27.79% -0.3%
EBITDA Margin 19.57% -0.2%
Operating Margin 16.04% +2.5%
Net Margin 8.76% -10.5%
ROE 22.56% +36.3%
ROIC 11.1% +4.2%
Debt/Equity 6.53 +749.9%
Interest Coverage 4.37 +73.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Good 3Y average ROE of 18.6%

✗Weaknesses

✗High debt to equity ratio of 6.5x
✗Dividend payout exceeds 100% of earnings

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM11.38%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM27.12%

EPS CAGR

10Y-

5Y-

3Y-

TTM-14.58%

ROCE

10Y Avg13.39%

5Y Avg13.39%

3Y Avg13.39%

Latest13.77%

Peer Comparison

Occupational Health Centers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CONConcentra Group Holdings Parent, Inc.	2.77B	21.58	16.60	3.38%	7.33%	37.36%	7.61%	6.53

Profit & Loss

	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.72B	1.84B	1.9B
Revenue Growth %	-	0.07%	0.03%
Cost of Goods Sold+	1.32B	1.33B	1.37B
COGS % of Revenue	0.76%	0.72%	0.72%
Gross Profit+	408.19M	512.43M	527.98M
Gross Margin %	0.24%	0.28%	0.28%
Gross Profit Growth %	-	0.26%	0.03%
Operating Expenses+	149.98M	224.8M	223.21M
OpEx % of Revenue	0.09%	0.12%	0.12%
Selling, General & Admin	149.98M	152M	156.32M
SG&A % of Revenue	0.09%	0.08%	0.08%
Research & Development	0	0	0
R&D % of Revenue	-	-	-
Other Operating Expenses	0	72.8M	66.89M
Operating Income+	258.22M	287.63M	304.76M
Operating Margin %	0.15%	0.16%	0.16%
Operating Income Growth %	-	0.11%	0.06%
EBITDA+	331.88M	360.68M	371.94M
EBITDA Margin %	0.19%	0.2%	0.2%
EBITDA Growth %	-	0.09%	0.03%
D&A (Non-Cash Add-back)	73.67M	73.05M	67.18M
EBIT	256.54M	287.1M	301.09M
Net Interest Income+	-31.64M	-114.04M	-69.69M
Interest Income	0	0	0
Interest Expense	31.64M	114.04M	69.69M
Other Income/Expense	-33.32M	-45M	-73.37M
Pretax Income+	224.9M	242.63M	231.39M
Pretax Margin %	0.13%	0.13%	0.12%
Income Tax+	52.65M	57.89M	59.5M
Effective Tax Rate %	0.74%	0.74%	0.72%
Net Income+	166.73M	179.95M	166.54M
Net Margin %	0.1%	0.1%	0.09%
Net Income Growth %	-	0.08%	-0.07%
Net Income (Continuing)	172.24M	184.74M	171.9M
Discontinued Operations	0	0	0
Minority Interest	22.8M	21.84M	23.05M
EPS (Diluted)+	1.32	1.42	1.30
EPS Growth %	-	0.08%	-0.08%
EPS (Basic)	1.32	1.42	1.30
Diluted Shares Outstanding	126.59M	126.59M	128.13M
Basic Shares Outstanding	126.59M	126.59M	128.13M
Dividend Payout Ratio	-	0.03%	9.27%

Balance Sheet

	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	284.63M	294.42M	437.21M
Cash & Short-Term Investments	37.66M	31.37M	183.25M
Cash Only	37.66M	31.37M	183.25M
Short-Term Investments	0	0	0
Accounts Receivable	206.26M	216.19M	217.72M
Days Sales Outstanding	43.66	42.93	41.82
Inventory	0	0	0
Days Inventory Outstanding	-	-	-
Other Current Assets	34.03M	38.87M	34.69M
Total Non-Current Assets+	2.01B	2.19B	2.08B
Property, Plant & Equipment	533.93M	576.22M	633.52M
Fixed Asset Turnover	3.23x	3.19x	3.00x
Goodwill	1.23B	1.23B	1.23B
Intangible Assets	247.57M	224.77M	204.72M
Long-Term Investments	0	0	0
Other Non-Current Assets	5.24M	8.41M	11M
Total Assets+	2.3B	2.49B	2.52B
Asset Turnover	0.75x	0.74x	0.75x
Asset Growth %	-	0.08%	0.01%
Total Current Liabilities+	279.63M	274.63M	307.19M
Accounts Payable	27.67M	20.41M	19.75M
Days Payables Outstanding	7.67	5.62	5.25
Short-Term Debt	1.67M	74.4M	10.09M
Deferred Revenue (Current)	53K	0	0
Other Current Liabilities	73.19M	75.11M	43.65M
Current Ratio	1.02x	1.07x	1.42x
Quick Ratio	1.02x	1.07x	1.42x
Cash Conversion Cycle	-	-	-
Total Non-Current Liabilities+	1.02B	1.04B	1.92B
Long-Term Debt	633.91M	473.29M	1.47B
Capital Lease Obligations	332.77M	357.31M	399.88M
Deferred Tax Liabilities	29.8M	177.57M	25.38M
Other Non-Current Liabilities	25.02M	27.52M	24.04M
Total Liabilities	1.3B	1.31B	2.22B
Total Debt+	1.04B	905M	1.95B
Net Debt	1B	873.63M	1.77B
Debt / Equity	1.04x	0.77x	6.53x
Debt / EBITDA	3.13x	2.51x	5.25x
Net Debt / EBITDA	3.02x	2.42x	4.75x
Interest Coverage	8.16x	2.52x	4.37x
Total Equity+	996.12M	1.18B	298.72M
Equity Growth %	-	0.18%	-0.75%
Book Value per Share	7.87	9.30	2.33
Total Shareholders' Equity	973.32M	1.16B	275.67M
Common Stock	464.73M	470.3M	1.28M
Retained Earnings	508.59M	685.29M	13.55M
Treasury Stock	0	0	0
Accumulated OCI	0	0	0
Minority Interest	22.8M	21.84M	23.05M

Cash Flow

	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	274.34M	234.32M	274.68M
Operating CF Margin %	0.16%	0.13%	0.14%
Operating CF Growth %	-	-0.15%	0.17%
Net Income	172.24M	184.74M	171.9M
Depreciation & Amortization	73.67M	73.05M	67.18M
Stock-Based Compensation	2.14M	651K	2.33M
Deferred Taxes	-8.64M	-6.29M	-2.4M
Other Non-Cash Items	1.01M	857K	5.5M
Working Capital Changes	33.92M	-18.7M	30.18M
Change in Receivables	-5.93M	-10.26M	-1.6M
Change in Inventory	0	0	0
Change in Payables	0	0	24.59M
Cash from Investing+	-57.75M	-75.31M	-71.27M
Capital Expenditures	-45.98M	-69.34M	-64.33M
CapEx % of Revenue	0.03%	0.04%	0.03%
Acquisitions	-	-	-
Investments	-	-	-
Other Investing	38K	36K	27K
Cash from Financing+	-209.86M	-165.29M	-51.53M
Debt Issued (Net)	-	-	-
Equity Issued (Net)	-	-	-
Dividends Paid	0	-6.13M	-1.54B
Share Repurchases	-	-	-
Other Financing	3.87M	4.51M	-3.63M
Net Change in Cash	-	-	-
Free Cash Flow+	228.35M	164.98M	210.35M
FCF Margin %	0.13%	0.09%	0.11%
FCF Growth %	-	-0.28%	0.28%
FCF per Share	1.80	1.30	1.64
FCF Conversion (FCF/Net Income)	1.65x	1.30x	1.65x
Interest Paid	31.12M	44.35M	49.65M
Taxes Paid	42.17M	60.61M	55.76M

Key Ratios

Metric	2022	2023	2024
Return on Equity (ROE)	16.74%	16.56%	22.56%
Return on Invested Capital (ROIC)	9.69%	10.66%	11.1%
Gross Margin	23.67%	27.88%	27.79%
Net Margin	9.67%	9.79%	8.76%
Debt / Equity	1.04x	0.77x	6.53x
Interest Coverage	8.16x	2.52x	4.37x
FCF Conversion	1.65x	1.30x	1.65x
Revenue Growth	-	6.59%	3.38%

Frequently Asked Questions

Valuation & Price

Concentra Group Holdings Parent, Inc. (CON) has a price-to-earnings (P/E) ratio of 16.6x. This is roughly in line with market averages.

Growth & Financials

Concentra Group Holdings Parent, Inc. (CON) reported $2.09B in revenue for fiscal year 2024. This represents a 21% increase from $1.72B in 2022.

Concentra Group Holdings Parent, Inc. (CON) grew revenue by 3.4% over the past year. Growth has been modest.

Yes, Concentra Group Holdings Parent, Inc. (CON) is profitable, generating $153.2M in net income for fiscal year 2024 (8.8% net margin).

Dividend & Returns

Yes, Concentra Group Holdings Parent, Inc. (CON) pays a dividend with a yield of 55.83%. This makes it attractive for income-focused investors.

Concentra Group Holdings Parent, Inc. (CON) has a return on equity (ROE) of 22.6%. This is excellent, indicating efficient use of shareholder capital.

Concentra Group Holdings Parent, Inc. (CON) generated $175.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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