Healthcare Services Group, Inc. (HCSG) Key Metrics
HCSG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.45B
- Enterprise value
- $1.31B
- P/E (TTM)
- 12.4 10-yr median 26.8
- Forward P/E
- 17.4
- PEG ratio
- 2.39
- Price / sales
- 0.8 10-yr median 0.9
- Price / book
- 2.8 10-yr median 3.4
- EV / EBITDA
- 7.8 10-yr median 14.2
- Dividend yield
- —
- Beta
- 0.81
HCSG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsHCSG valuation Price multiples at each fiscal year-end price.
HCSG returns How much profit the business earns on the capital it uses.
HCSG per-share figures Results divided by the shares outstanding at year-end.
HCSG financial health Debt, liquidity and how easily interest is covered.
HCSG efficiency & capital use Working capital cycle and where the cash goes.
HCSG valuation history
HCSG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HCSG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HCSG cash returned to shareholders
HCSG price vs earnings per share
HCSG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.40B | $859.4M | $770.9M | $892.2M | $1.33B | $2.10B | $1.81B | $3.00B | $3.92B | $2.88B |
| Enterprise value | $1.22B | $740.0M | $667.1M | $803.8M | $1.17B | $1.85B | $1.72B | $2.93B | $3.87B | $2.79B |
| P/E ratio | 23.6 | 21.8 | 20.1 | 26.1 | 27.5 | 21.3 | 28.1 | 35.9 | 44.4 | 37.2 |
| Price / sales | 0.8 | 0.5 | 0.5 | 0.5 | 0.8 | 1.2 | 1.0 | 1.5 | 2.1 | 1.8 |
| Price / book | 2.7 | 1.7 | 1.7 | 2.1 | 2.9 | 4.4 | 3.9 | 6.8 | 9.8 | 8.5 |
| Price / free cash flow | 10.0 | 35.1 | 20.2 | — | 42.4 | 9.9 | 20.3 | 39.9 | — | 80.0 |
| Price / operating cash flow | 9.6 | 27.9 | 17.7 | — | 35.9 | 9.7 | 19.4 | 37.5 | 513.7 | 69.5 |
| EV / sales | 0.7 | 0.4 | 0.4 | 0.5 | 0.7 | 1.1 | 0.9 | 1.5 | 2.1 | 1.8 |
| EV / EBITDA | 14.1 | 10.0 | 8.9 | 12.8 | 14.3 | 12.8 | 16.8 | 26.1 | 27.3 | 22.2 |
| EV / free cash flow | 8.7 | 30.2 | 17.5 | — | 37.1 | 8.7 | 19.3 | 39.0 | — | 77.5 |
| Earnings yield | 4.2% | 4.6% | 5.0% | 3.8% | 3.6% | 4.7% | 3.6% | 2.8% | 2.3% | 2.7% |
| Free cash flow yield | 10.0% | 2.8% | 4.9% | −1.5% | 2.4% | 10.1% | 4.9% | 2.5% | 0.1% | 1.2% |
| Dividend yield | — | 0.0% | 2.1% | 7.1% | 4.7% | 2.9% | 3.2% | 1.9% | 1.4% | 1.9% |
| Shareholder yield (dividends + buybacks) | 4.4% | 0.6% | 3.5% | 7.1% | 6.3% | 2.9% | 3.2% | 1.9% | 1.4% | 1.9% |
| Share price at fiscal year-end | $19.12 | $11.62 | $10.37 | $12.00 | $17.79 | $28.10 | $24.32 | $40.18 | $52.72 | $39.17 |
| Per share | ||||||||||
| Revenue per share | $25.16 | $23.19 | $22.48 | $22.73 | $21.90 | $23.54 | $24.68 | $26.92 | $25.10 | $21.27 |
| Earnings per share | $0.81 | $0.53 | $0.52 | $0.46 | $0.65 | $1.32 | $0.87 | $1.12 | $1.19 | $1.05 |
| Operating cash flow per share | $1.98 | $0.42 | $0.59 | −$0.11 | $0.50 | $2.90 | $1.25 | $1.07 | $0.10 | $0.56 |
| Free cash flow per share | $1.91 | $0.33 | $0.51 | −$0.18 | $0.42 | $2.85 | $1.20 | $1.01 | $0.03 | $0.49 |
| Cash per share | $2.79 | $1.84 | $1.98 | $1.63 | $2.47 | $3.53 | $1.58 | $1.37 | $1.11 | $1.25 |
| Book value per share | $6.99 | $6.76 | $6.14 | $5.73 | $6.04 | $6.42 | $6.17 | $5.91 | $5.38 | $4.61 |
| Tangible book value per share | $5.80 | $5.61 | $4.96 | $4.50 | $4.76 | $5.50 | $5.19 | $4.87 | $4.28 | $3.81 |
| Dividends per share | — | $0.00 | $0.22 | $0.85 | $0.83 | $0.81 | $0.79 | $0.77 | $0.74 | $0.73 |
| Capex per share | $0.08 | $0.09 | $0.07 | $0.07 | $0.08 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 |
| Debt per share | $0.34 | $0.22 | $0.59 | $0.45 | $0.24 | $0.22 | $0.36 | $0.40 | $0.48 | $0.00 |
| Shares outstanding | 73.0M | 74.0M | 74.3M | 74.4M | 75.0M | 74.8M | 74.6M | 74.6M | 74.3M | 73.5M |
| Change in shares outstanding | −1.3% | −0.5% | −0.0% | −0.8% | +0.2% | +0.3% | −0.0% | +0.4% | +1.2% | +1.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 11.7% | 8.3% | 8.7% | 7.8% | 10.4% | 21.0% | 14.3% | 19.9% | 23.9% | 24.4% |
| Return on invested capital (ROIC) | 11.9% | 10.8% | 11.5% | 10.8% | 18.3% | 27.4% | 16.0% | 23.2% | 28.1% | 34.3% |
| Return on assets (ROA) | 7.3% | 4.9% | 5.0% | 4.6% | 6.1% | 12.9% | 9.1% | 12.2% | 14.7% | 15.3% |
| Return on tangible assets | 8.2% | 5.4% | 5.4% | 5.5% | 7.0% | 13.6% | 9.8% | 13.6% | 14.9% | 16.5% |
| Free cash flow margin | 7.6% | 1.4% | 2.3% | −0.8% | 1.9% | 12.1% | 4.8% | 3.7% | 0.1% | 2.3% |
| Income quality (OCF / net income) | 2.45 | 0.78 | 1.13 | −0.24 | 0.76 | 2.20 | 1.45 | 0.96 | 0.09 | 0.53 |
| Financial health | ||||||||||
| Total debt | $24.7M | $16.4M | $43.6M | $33.1M | $17.8M | $16.7M | $26.8M | $30.0M | $35.4M | $0 |
| Cash & short-term investments | $203.9M | $135.8M | $147.5M | $121.5M | $185.2M | $264.3M | $118.0M | $102.4M | $82.8M | $91.6M |
| Net debt | −$179.2M | −$119.3M | −$103.8M | −$88.4M | −$167.4M | −$247.7M | −$91.2M | −$72.4M | −$47.4M | −$91.6M |
| Debt / equity | 0.05 | 0.03 | 0.10 | 0.08 | 0.04 | 0.03 | 0.06 | 0.07 | 0.09 | 0.00 |
| Debt / assets | 0.03 | 0.02 | 0.05 | 0.05 | 0.02 | 0.02 | 0.04 | 0.04 | 0.05 | 0.00 |
| Net debt / EBITDA | −2.08 | −1.61 | −1.38 | −1.41 | −2.05 | −1.71 | −0.89 | −0.64 | −0.33 | −0.73 |
| Current ratio | 3.38 | 2.89 | 2.64 | 2.85 | 2.86 | 3.53 | 3.47 | 3.11 | 2.86 | 4.11 |
| Quick ratio | 3.28 | 2.80 | 2.55 | 2.73 | 2.72 | 3.33 | 3.22 | 2.86 | 2.63 | 3.74 |
| Interest coverage | 30.7 | 8.3 | 7.0 | 14.7 | 46.3 | 78.6 | 22.5 | 32.4 | 93.1 | — |
| Working capital | $406.0M | $364.1M | $354.8M | $330.0M | $355.3M | $410.1M | $367.1M | $344.7M | $343.2M | $313.8M |
| Invested capital | $331.0M | $380.6M | $352.8M | $337.8M | $285.3M | $232.8M | $369.1M | $368.4M | $352.6M | $247.3M |
| Tangible asset value | $423.4M | $415.0M | $369.0M | $334.7M | $357.1M | $411.2M | $386.9M | $363.2M | $318.0M | $280.0M |
| Net current asset value | $278.8M | $241.1M | $225.1M | $216.5M | $212.3M | $259.4M | $245.3M | $256.3M | $251.4M | $225.0M |
| Graham number | $11.27 | $9.01 | $8.45 | $7.71 | $9.38 | $13.81 | $10.96 | $12.20 | $11.98 | $10.45 |
| Graham net-net per share | $2.27 | $1.56 | $1.32 | $1.31 | $1.21 | $2.12 | $1.63 | $1.71 | $1.51 | $1.69 |
| Capital allocation | ||||||||||
| Dividends paid | — | $0 | $16.0M | $63.4M | $62.2M | $60.7M | $59.0M | $57.2M | $55.2M | $53.3M |
| Share buybacks (net) | $61.6M | $5.0M | $11.3M | $0 | $21.5M | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | — | 0.0% | 41.6% | 185.1% | 128.2% | 61.5% | 91.3% | 68.5% | 62.6% | 68.9% |
| Dividends + buybacks / free cash flow | 44.3% | 20.5% | 71.6% | — | 266.6% | 28.5% | 66.1% | 76.2% | — | 148.3% |
| Capex / revenue | 0.3% | 0.4% | 0.3% | 0.3% | 0.3% | 0.2% | 0.2% | 0.2% | 0.3% | 0.3% |
| Capex / operating cash flow | 4.0% | 20.6% | 12.4% | — | 15.3% | 2.0% | 4.7% | 6.2% | 70.7% | 13.1% |
| Capex / depreciation | 0.35 | 0.43 | 0.38 | 0.34 | 0.39 | 0.30 | 0.31 | 0.53 | 0.61 | 0.73 |
| Stock-based compensation / revenue | 0.7% | 0.5% | 0.5% | 0.5% | 0.5% | 0.4% | 0.4% | 0.3% | 0.0% | 0.3% |
| SG&A / revenue | 10.0% | 10.2% | 9.3% | 8.8% | 10.1% | 8.0% | 8.1% | 6.9% | 6.8% | 6.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 71.2 | 81.5 | 79.4 | 69.7 | 62.0 | 61.8 | 67.7 | 65.5 | 63.6 | 56.8 |
| Days of inventory on hand | 3.8 | 4.3 | 5.0 | 5.8 | 7.4 | 8.3 | 8.8 | 8.6 | 9.1 | 10.1 |
| Days payables outstanding | 18.1 | 20.2 | 19.0 | 16.2 | 15.1 | 13.0 | 13.1 | 14.0 | 13.3 | 11.5 |
| Cash conversion cycle (days) | 57.0 | 65.6 | 65.4 | 59.3 | 54.3 | 57.1 | 63.4 | 60.1 | 59.4 | 55.4 |
| Receivables turnover | 5.12 | 4.48 | 4.60 | 5.24 | 5.89 | 5.90 | 5.39 | 5.58 | 5.74 | 6.43 |
| Payables turnover | 20.16 | 18.10 | 19.23 | 22.56 | 24.20 | 27.98 | 27.84 | 26.07 | 27.48 | 31.75 |
| Inventory turnover | 95.26 | 84.46 | 73.49 | 63.45 | 49.01 | 43.83 | 41.38 | 42.27 | 40.22 | 36.15 |
| Asset turnover | 2.26 | 2.12 | 2.20 | 2.25 | 2.08 | 2.31 | 2.59 | 2.94 | 3.10 | 3.10 |
| Average receivables | $358.6M | $382.9M | $363.5M | $322.8M | $278.8M | $298.2M | $341.4M | $360.3M | $325.0M | $243.1M |
| Average payables | $79.3M | $82.2M | $75.8M | $66.4M | $58.3M | $53.3M | $57.9M | $68.0M | $58.7M | $42.2M |
| Average inventory | $16.8M | $17.6M | $19.8M | $23.6M | $28.8M | $34.1M | $39.0M | $41.9M | $40.1M | $37.1M |
| Intangibles / total assets | 10.7% | 10.4% | 10.9% | 12.7% | 12.1% | 8.7% | 10.1% | 11.2% | 12.1% | 11.1% |
Computed from HCSG's annual financial statements (latest annual report filed February 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
HCSG valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Healthcare Services traded at 23.6 times earnings, against a 10-year median of 26.8. Based on the latest twelve months, the trailing P/E is 12.4 and the forward P/E is 17.4. Healthcare Services earned a return on equity of 11.7% and a return on invested capital of 11.9% in fiscal 2025. It ended the year with $24.7 million of debt and $203.9 million in cash and short-term investments, a net cash position of $179.2 million. It returned $61.6 million to shareholders: $0 in dividends and $61.6 million in share buybacks, 44% of free cash flow.
See the HCSG income statement, the HCSG chart for price history, or the HCSG stock overview for the latest quote and news.
HCSG key metrics FAQ
What is Healthcare Services's P/E ratio?
Healthcare Services's trailing P/E ratio is 12.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 17.4. At the end of fiscal 2025 it was 23.6, compared with a 10-year median of 26.8.
What is Healthcare Services's EV/EBITDA?
Healthcare Services's enterprise value was 14.1 times EBITDA at the end of fiscal 2025 (enterprise value $1.2 billion, EBITDA $86.2 million); the current EV/EBITDA is 7.8.
What is Healthcare Services's return on equity?
Healthcare Services's return on equity (ROE) was 11.7% in fiscal 2025: net income of $59.1 million on average shareholders' equity of $505.1 million.
What is Healthcare Services's ROIC?
Healthcare Services's return on invested capital was 11.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Healthcare Services have?
Healthcare Services had total debt of $24.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.05 and more cash than debt.
Does Healthcare Services buy back its shares?
Yes. Healthcare Services spent $61.6 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.3% over the year, to 73.0M..
What is Healthcare Services's free cash flow yield?
Healthcare Services generated $139.2 million of free cash flow in fiscal 2025, a free cash flow yield of 10.0% on its market value at year-end ($1.4 billion).
What is Healthcare Services's current ratio?
Healthcare Services's current ratio was 3.38 at the end of fiscal 2025: current assets were 3.38 times current liabilities.