PACS Group, Inc.
Close on Oct 19, 2026
- Market cap
- $7.43B
- P/E (TTM)
- 26.2
- Dividend yield
- –
About PACS
Services-Skilled Nursing Care Facilities, SIC 8051
The company is a post-acute healthcare provider primarily dedicated to delivering skilled nursing care, with an operational emphasis on high-acuity, short-term transitional services. Alongside its primary skilled nursing services, the company offers senior care, assisted living, and independent living options. Its core strategy centers on acquiring underperforming custodial care facilities and upgrading them into short-term transitional care centers supported by centralized administrative and technology resources. The organization primarily serves post-hospital patients recovering from serious medical conditions, acute illnesses, or surgeries who require continuous, 24-hour facility-based inpatient care.
The organization operates 321 post-acute care facilities across 17 states in the United States, providing daily care to more than 31,700 patients. Its property portfolio comprises 268 leased facilities, 53 directly owned facilities, and partial interests in 49 facilities held through partnerships managed by third parties. The provided text does not mention the location of the company's headquarters.
Summary of the business section of PACS's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PACS Group, Inc.
- Founded
- 2013
- Headquarters
- Salt Lake City, UT
- Address
- 90 S. 400 W. Suite 700 84101
- Phone
- (801) 447-9829
- Employees
- 47,455, Dec 31, 2025
- Industry
- Services-Skilled Nursing Care Facilities
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Salt Lake City, Utah
Stock & identifiers
- Ticker
- PACS
- Exchange
- NYSE
- IPO date
- Apr 12, 2024
- Shares outstanding
- 158M, Jul 31, 2026
- Public float
- $588.50M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 2001184
- CUSIP
- 69380Q107
- ISIN
- US69380Q1076
- EIN
- 92-3144268
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jason Hulse Murray | Co-Founder, CEO & Chairman, Director | 64,055,249 |
| Patrick (Joseph) Murphy | Chief Legal Officer & Sec. | – |
| Joshua Jergensen | President & COO | 2,496,320 |
| Michelle Renee Lewis | Chief Accounting Officer | 355,338 |
| John Todd Mitchell | Chief Legal Officer & Sec. | 806,866 |
| Carey P. Hendrickson | Chief Financial Officer | 48,426 |
| Trent Dean Bingham | Chief Human Resources Officer | 39,649 |
| Kelly Priegnitz | Chief Compliance Officer | 38,203 |
| Joseph Robert Lee | Chief Compliance Officer | 648,122 |
| Derick G. Apt | Chief Financial Officer | 1,111,628 |
| Peter Sanford | See Remarks | 1,280,872 |
| Mark Hancock | Director | 63,018,884 |
| Patrick Hugh Conway | Director | 8,947 |
| Jacqueline Millard | Director | 20,217 |
| Evelyn S. Dilsaver | Director | 36,085 |
| Taylor S. Leavitt | Director | 19,784 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Jason Murray | $17.07M | $17.97M | $10.44M | $167 | $125 |
| FY2024 Jason Murray | $5.04M | $5.04M | $40.96M | $57 | $116 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 47,455 employees working across 321 post-acute care facilities in 17 states and at our corporate headquarters in Salt Lake City, Utah.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 17, 2025 | Late filing | Notification of late filing |
| Aug 15, 2025 | Late filing | Notification of late filing |
| May 16, 2025 | Late filing | Notification of late filing |
| Apr 1, 2025 | Late filing | Notification of late filing |
| Nov 26, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Nov 15, 2024 | Late filing | Notification of late filing |
| Apr 12, 2024 | IPO | Initial public offering priced (424B4 prospectus) |
| Apr 11, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |