Concentra Group Holdings Parent, Inc. (CON) Balance Sheet
CON balance sheet, 2025
December 31, 2025 · U.S. dollars$3.04B assets = $2.62B liabilities + $420.4M equity
Both columns are drawn to the same scale: what CON owns equals what it owes plus shareholders’ equity. Hover a block for its value.
CON financial health
Descriptive bands, not a rating. Fiscal 2025.
CON balance sheet trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.30B2022 | $3.04B2025 | +9.8%/yr | |
| Total liabilities | $1.30B2022 | $2.62B2025 | +26.2%/yr | |
| Shareholders’ equity | $973.3M2022 | $393.3M2025 | −26.1%/yr | |
| Cash & short-term investments | $37.7M2022 | $79.9M2025 | +28.5%/yr | |
| Total debt | $1.04B2022 | $2.10B2025 | +26.5%/yr | |
| Net cash (debt) | −$1.00B2022 | −$2.02B2025 | −$1.0B | |
| Working capital | $5.0M2022 | $45.9M2025 | +$40.9M | |
| Book value per share | $7.692022 | $3.072025 | −26.4%/yr | |
| Current ratio | 1.022022 | 1.142025 | +0.12 | |
| Debt / equity | 1.072022 | 5.352025 | +4.28 | |
| Shares outstanding | 126.6M2022 | 128.2M2025 | +0.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
CON assets
CON liabilities and equity
CON debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
CON balance sheet
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $79.9M | $183.3M | $31.4M | $37.7M |
| Cash & equivalents | $79.9M | $183.3M | $31.4M | $37.7M |
| Receivables | $257.9M | $217.7M | $216.2M | $206.3M |
| Inventory | $0 | $0 | $0 | $0 |
| Other current assets | $45.3M | $36.2M | $46.9M | $40.7M |
| Total current assets | $383.1M | $437.2M | $294.4M | $284.6M |
| Property, plant & equipment (net) | $709.0M | $633.5M | $576.2M | $533.9M |
| Goodwill & intangible assets | $1.72B | $1.44B | $1.45B | $1.47B |
| Long-term investments | $0 | $0 | $0 | $0 |
| Other non-current assets | $224.4M | $11.0M | $162.6M | $5.2M |
| Total assets | $3.04B | $2.52B | $2.49B | $2.30B |
| Liabilities | ||||
| Accounts payable | $21.0M | $19.8M | $20.4M | $27.7M |
| Short-term debt | $95.3M | $85.5M | $74.4M | $73.0M |
| Deferred revenue | — | — | $399,000 | $53,000 |
| Total current liabilities | $337.2M | $307.2M | $274.6M | $279.6M |
| Long-term debt | $1.56B | $1.47B | $473.3M | $633.9M |
| Lease obligations | $528.2M | $472.4M | $430,256 | $404.1M |
| Other long-term liabilities | $716.8M | $446.3M | $562.4M | $387.6M |
| Total liabilities | $2.62B | $2.22B | $1.31B | $1.30B |
| Shareholders' equity | ||||
| Common stock & paid-in capital | $1.3M | $1.3M | $470.3M | $464.7M |
| Retained earnings (deficit) | $146.4M | $13.6M | $685.3M | $508.6M |
| Accumulated other comprehensive income | −$3.4M | — | — | — |
| Minority interest | $27.1M | $23.1M | $21.8M | $22.8M |
| Total shareholders' equity | $393.3M | $275.7M | $1.16B | $973.3M |
| Key figures | ||||
| Total debt | $2.10B | $1.95B | $905.0M | $1.04B |
| Net cash (debt) | −$2.02B | −$1.77B | −$873.6M | −$1.00B |
| Working capital | $45.9M | $130.0M | $19.8M | $5.0M |
| Tangible book value | −$1.33B | −$1.16B | −$298.9M | −$500.1M |
| Book value per share | $3.07 | $2.15 | $9.13 | $7.69 |
| Shares outstanding | 128.2M | 128.1M | 126.6M | 126.6M |
| Current ratio | 1.14 | 1.42 | 1.07 | 1.02 |
| Quick ratio | 1.00 | 1.31 | 0.90 | 0.87 |
| Debt / equity | 5.35 | 7.08 | 0.78 | 1.07 |
| Equity / assets | 12.9% | 10.9% | 46.5% | 42.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & short-term investments | $158.0M | $61.7M | $79.9M | $49.9M | $73.9M | $52.1M | $183.3M | $136.8M | $50.7M | $49.6M | $31.4M |
| Cash & equivalents | $158.0M | $61.7M | $79.9M | $49.9M | $73.9M | $52.1M | $183.3M | $136.8M | $50.7M | $49.6M | $31.4M |
| Receivables | $299.8M | $296.5M | $257.9M | $279.0M | $271.8M | $258.1M | $217.7M | $232.2M | $229.0M | $229.7M | $216.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 |
| Other current assets | $48.6M | $46.0M | $45.3M | $46.5M | $49.5M | $41.4M | $36.2M | $40.9M | $40.7M | $48.3M | $46.9M |
| Total current assets | $506.5M | $404.2M | $383.1M | $375.4M | $395.2M | $351.6M | $437.2M | $410.0M | $320.3M | $327.5M | $294.4M |
| Property, plant & equipment (net) | $748.5M | $724.5M | $709.0M | $711.4M | $693.6M | $670.3M | $633.5M | $621.2M | $586.3M | $577.0M | $576.2M |
| Goodwill & intangible assets | $1.71B | $1.72B | $1.72B | $1.73B | $1.74B | $1.69B | $1.44B | $1.44B | $1.45B | $1.45B | $1.45B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $42.6M | $41.9M | $44.6M | $24.1M | $14.9M | $13.0M | $188.7M | $6.0M | $10.4M | $8.6M | $8.4M |
| Total assets | $3.01B | $2.89B | $2.86B | $2.84B | $2.84B | $2.73B | $2.70B | $2.48B | $2.36B | $2.37B | $2.33B |
| Liabilities | |||||||||||
| Accounts payable | $36.4M | $31.7M | $21.0M | $32.8M | $38.9M | $35.2M | $19.8M | $21.0M | $23.7M | $24.6M | $20.4M |
| Short-term debt | $99.6M | $98.9M | $95.3M | $95.7M | $97.2M | $112.1M | $85.5M | $84.1M | $78.2M | $80.3M | $74.4M |
| Deferred revenue | — | — | — | — | — | — | — | −$21.0M | $3.0M | $19.1M | — |
| Total current liabilities | $367.9M | $320.9M | $337.2M | $312.6M | $335.1M | $320.4M | $307.2M | $269.5M | $265.2M | $275.6M | $274.6M |
| Long-term debt | $1.56B | $1.56B | $1.56B | $1.60B | $1.65B | $1.62B | $1.47B | $1.47B | $423.0M | $1.48B | $473.3M |
| Lease obligations | $570.2M | $546.5M | $528.2M | $525.7M | $513.7M | $502.2M | $472.4M | $465.4M | $433.3M | $427.6M | $430.3M |
| Other long-term liabilities | $574.7M | $552.4M | $537.1M | $520.7M | $487.1M | $459.3M | $624.0M | $437.7M | $404.7M | $0 | $408.2M |
| Total liabilities | $2.50B | $2.44B | $2.44B | $2.43B | $2.47B | $2.40B | $2.40B | $2.18B | $1.09B | $1.15B | $1.16B |
| Shareholders' equity | |||||||||||
| Common stock & paid-in capital | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.0M | $4.5M | $470.3M |
| Retained earnings (deficit) | $244.2M | $186.8M | $146.4M | $120.1M | $79.8M | $44.5M | $13.6M | $0 | $784.2M | $732.3M | $685.3M |
| Accumulated other comprehensive income | $703,000 | −$1.3M | −$3.4M | −$3.6M | −$3.9M | −$1.7M | — | $0 | — | $0 | — |
| Minority interest | $29.3M | $29.3M | $27.1M | $24.6M | $24.7M | — | — | — | — | — | — |
| Total shareholders' equity | $477.1M | $424.7M | $393.3M | $385.5M | $342.6M | $307.1M | $275.7M | $277.8M | $1.25B | $1.20B | $1.16B |
| Key figures | |||||||||||
| Total debt | $2.14B | $2.12B | $2.10B | $2.14B | $2.18B | $2.14B | $1.95B | $1.95B | $861.0M | $907.5M | $905.0M |
| Net cash (debt) | −$1.99B | −$2.06B | −$2.02B | −$2.09B | −$2.11B | −$2.08B | −$1.77B | −$1.81B | −$810.3M | −$857.9M | −$873.6M |
| Working capital | $138.5M | $83.3M | $45.9M | $62.8M | $60.1M | $31.2M | $130.0M | $140.4M | $55.2M | $51.9M | $19.8M |
| Tangible book value | −$1.24B | −$1.29B | −$1.33B | −$1.35B | −$1.40B | −$1.39B | −$1.16B | −$1.17B | −$199.5M | −$257.2M | −$298.9M |
| Book value per share | $3.72 | $3.31 | $3.07 | $3.01 | $2.67 | $2.43 | $2.15 | $2.18 | $9.85 | $9.45 | $9.13 |
| Shares outstanding | 128.2M | 128.2M | 128.2M | 128.2M | 128.2M | 126.6M | 128.1M | 127.3M | 126.6M | 126.6M | 126.6M |
| Current ratio | 1.38 | 1.26 | 1.14 | 1.20 | 1.18 | 1.10 | 1.42 | 1.52 | 1.21 | 1.19 | 1.07 |
| Quick ratio | 1.24 | 1.12 | 1.00 | 1.05 | 1.03 | 0.97 | 1.31 | 1.37 | 1.05 | 1.01 | 0.90 |
| Debt / equity | 4.49 | 5.00 | 5.35 | 5.55 | 6.36 | 6.96 | 7.08 | 7.01 | 0.69 | 0.76 | 0.78 |
| Equity / assets | 15.8% | 14.7% | 13.8% | 13.6% | 12.1% | 11.3% | 10.2% | 11.2% | 52.8% | 50.5% | 49.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
CON financial position
At the end of fiscal 2025 (December 31, 2025), Concentra Group Holdings Parent had total assets of $3.0 billion (up 20.5% from a year earlier), total liabilities of $2.6 billion and shareholders' equity of $393.3 million. It held $79.9 million in cash and short-term investments against $2.1 billion of debt, net debt of $2.0 billion. Its current ratio was 1.14. In the latest quarter (ended June 30, 2026) total assets were $3.0 billion and equity $477.1 million.
Related: CON income statement, CON cash flow statement, CON key metrics. See the CON stock overview for the latest quote and news.
CON balance sheet FAQ
What are Concentra Group Holdings Parent's total assets?
Concentra Group Holdings Parent reported total assets of $3.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.5 billion a year earlier.
How much debt does Concentra Group Holdings Parent have?
Concentra Group Holdings Parent had $2.1 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 5.35.
How much cash does Concentra Group Holdings Parent have?
Concentra Group Holdings Parent held $79.9 million in cash and short-term investments at the end of fiscal 2025; with $2.1 billion of debt that is net debt of $2.0 billion.
What is Concentra Group Holdings Parent's book value?
Concentra Group Holdings Parent's shareholders' equity (book value) was $393.3 million at the end of fiscal 2025, or $3.07 per share.
What is Concentra Group Holdings Parent's current ratio?
Concentra Group Holdings Parent had current assets of $383.1 million and current liabilities of $337.2 million, a current ratio of 1.14 (it can cover its short-term obligations).
How much goodwill does Concentra Group Holdings Parent have?
Concentra Group Holdings Parent carried $1.7 billion of goodwill and intangible assets, 56.7% of total assets, at the end of fiscal 2025.