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Healthcare Services Group

OverviewSuggest Edit

Healthcare Services Group provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments to nursing homes, retirement complexes, rehabilitation centers, and hospitals. It operates through two segments, Housekeeping and Dietary. The Housekeeping segment engages in the cleaning, disinfecting, and sanitizing of resident rooms and common areas of client's facility, as well as laundering and processing of the bed linens, uniforms, resident personal clothing, and other assorted linen items utilized at a client facility. The Dietary segment is involved in the food purchasing and meal preparation activities, as well as in the provision of professional dietitian services, which include the development of menus that meet the dietary needs of residents. This segment also offers clinical consulting services to facilities.

TypePublic
Founded1976
HQBensalem, USMap
Websitehcsgcorp.com
Employee Ratings3More
View Jobs (4,715)

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Latest Updates

Employees (est.) (Dec 2019)51,000(-7%)
Job Openings4,715
Revenue (FY, 2018)$2 B(+8%)
Share Price (Sept 2020)$21.3 (+3%)
Cybersecurity ratingBMore

Healthcare Services Group Office Locations

Healthcare Services Group has an office in Bensalem
Bensalem, US (HQ)
3220 Tillman Dr #300
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Healthcare Services Group Financials and Metrics

Healthcare Services Group Revenue

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Healthcare Services Group's revenue was reported to be $2.01 b in FY, 2018
USD

Revenue (Q2, 2020)

452.0m

Gross profit (Q2, 2020)

64.5m

Gross profit margin (Q2, 2020), %

14.3%

Net income (Q2, 2020)

23.1m

Market capitalization (16-Sept-2020)

1.6b

Closing stock price (16-Sept-2020)

21.3

Cash (30-Jun-2020)

78.1m

EV

1.5b
Healthcare Services Group's current market capitalization is $1.6 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

774.0m889.1m1.1b1.1b1.3b1.4b1.6b1.9b2.0b

Revenue growth, %

12%11%9%

Cost of goods sold

665.1m767.0m930.8m995.1m1.2b1.2b1.3b1.6b1.8b

Gross profit

108.8m122.1m146.6m154.8m137.9m200.7m223.2m253.6m236.8m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q2, 2020

Revenue

193.0m195.1m208.4m211.5m218.9m260.6m267.1m272.7m273.9m273.6m298.5m312.2m319.3m320.1m355.2m355.4m360.2m384.8m386.6m392.7m404.5m470.9m491.4m501.8m503.7m506.9m476.1m462.1m455.6m452.0m

Cost of goods sold

165.2m168.4m180.0m181.7m188.0m227.5m230.2m234.3m235.2m234.6m256.0m267.4m275.8m315.8m303.9m304.2m308.6m330.0m332.2m336.3m345.6m407.3m426.9m469.9m437.6m439.2m427.3m400.5m398.4m387.5m

Gross profit

27.7m26.7m28.4m29.8m30.9m33.1m36.9m38.4m38.7m39.0m42.6m44.8m43.5m4.3m51.3m51.1m51.5m54.8m54.3m56.4m58.9m63.6m64.4m31.9m66.1m67.7m48.8m61.6m57.2m64.5m

Gross profit Margin, %

14%14%14%14%14%13%14%14%14%14%14%14%14%1%14%14%14%14%14%14%15%13%13%6%13%13%10%13%13%14%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

39.7m38.6m68.9m64.2m75.3m33.2m23.9m9.6m26.0m

Accounts Receivable

108.4m130.7m140.2m189.1m198.1m214.9m378.7m341.8m

Prepaid Expenses

5.6m5.9m8.7m9.7m9.8m11.5m23.5m22.5m

Inventories

Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q2, 2020

Cash

35.0m26.1m36.7m35.5m27.1m48.3m55.6m53.2m54.7m63.2m50.6m71.7m57.3m52.9m58.3m85.9m44.4m29.1m21.7m24.3m48.2m7.1m11.0m10.5m13.2m15.2m28.4m16.2m40.6m78.1m

Accounts Receivable

107.3m108.4m111.4m117.2m117.3m128.1m135.8m137.4m149.1m165.7m184.6m195.1m205.2m200.0m211.4m205.0m209.6m236.4m255.8m265.5m281.1m338.4m367.0m335.0m343.7m353.5m353.1m346.8m349.7m295.3m

Prepaid Expenses

4.9m4.8m6.5m6.2m6.8m8.8m10.5m9.8m9.9m9.8m10.3m11.8m13.6m12.5m11.0m12.0m11.8m14.8m16.3m16.4m16.8m20.1m25.6m27.0m27.6m23.2m24.0m26.6m23.1m24.2m

Current Assets

210.0m203.3m216.6m221.1m215.7m232.5m250.3m249.1m266.5m289.3m287.7m324.1m320.0m312.5m330.3m352.3m362.0m391.5m410.3m424.5m451.7m476.2m515.5m489.2m500.8m508.2m525.0m509.0m531.9m523.5m
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

34.4m38.2m44.2m47.1m21.9m58.0m77.4m88.2m83.5m

Depreciation and Amortization

3.8m4.4m5.1m6.2m7.3m7.7m7.5m8.9m9.3m

Inventories

(3.6m)(4.5m)(3.5m)(3.8m)(3.0m)(846.0k)(1.5m)(1.9m)950.0k

Accounts Payable

1.3m(1.1m)13.7m26.0m492.0k2.4m(4.3m)11.2m(9.1m)
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q2, 2020

Net Income

16.1m25.3m7.8m17.6m27.6m8.6m19.9m31.4m15.0m27.9m41.7m14.6m28.6m6.4m15.5m31.8m48.9m18.6m37.4m57.1m22.0m44.6m68.0m72.0k25.9m52.0m9.2m27.3m45.7m43.3m

Depreciation and Amortization

1.8m2.7m1.0m2.0m3.1m1.2m2.5m3.8m1.4m2.7m4.5m1.8m3.6m5.3m1.9m3.8m5.7m2.0m3.9m5.6m1.9m4.2m6.3m2.4m4.8m7.0m3.5m7.0m10.4m7.1m

Inventories

(1.4m)(1.9m)(230.0k)(803.0k)(1.6m)(822.0k)(1.9m)(2.3m)79.0k27.0k(1.9m)(309.0k)(472.0k)(361.0k)44.0k69.0k(425.0k)(1.6m)(1.3m)(1.3m)506.0k(238.0k)(997.0k)119.0k969.0k798.0k300.0k1.3m2.4m2.8m

Accounts Payable

(1.3m)(2.5m)319.0k(2.2m)(1.7m)11.3m10.8m15.6m7.7m8.5m13.9m(469.0k)(1.9m)14.6m(2.4m)(9.5m)(7.7m)(4.1m)552.0k(6.8m)3.6m5.6m(1.1m)(5.5m)(6.6m)55.0k(5.3m)(8.8m)(9.4m)(964.0k)
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USDQ2, 2010

Financial Leverage

1.3 x
Show all financial metrics

Healthcare Services Group Operating Metrics

FY, 2014FY, 2015FY, 2016Q1, 2017

Facilities

3.50 k3.50 k3.50 k3.80 k

Retention Rate

90%
Show all operating metrics

Healthcare Services Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

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Healthcare Services Group Revenue Breakdown

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Healthcare Services Group revenue breakdown by business segment: 61.3% from Housekeeping and 38.7% from Dietary

Healthcare Services Group Online and Social Media Presence

Healthcare Services Group's Trends

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Healthcare Services Group News and Updates

April 30, 2019

Healthcare Services Group, Inc. Reports Q1 Results, Cash Dividend Increase and 2019 Expectations

BENSALEM, Pa., April 30, 2019 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (NASDAQ:HCSG) (the “Company”) reported for the three months ended March 31, 2019 revenue of $476 million and net income of $9.2 million or $0.12 per basic and $0.12 per diluted common share. The Company also reported…
April 15, 2019

HCSG CLASS ACTION ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Healthcare Services Group, Inc. - HCSG

NEW YORK, April 15, 2019 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Healthcare Services Group, Inc. (NASDAQ: HCSG) from April 11, 2017 through March 4, 2019, inclusive (the...
April 15, 2019

Healthcare Services Group, Inc. Announces First Quarter Earnings Release and Annual Meeting Dates

BENSALEM, Pa., April 15, 2019 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (the “Company”) intends to release its results for the quarter ended March 31, 2019 on Tuesday, April 30, 2019 after market close. In conjunction with its release, the Company will host a conference call on Wednesday…
April 09, 2019

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Healthcare Services Group, Inc. of Class Action Lawsuit and Upcoming Deadline - HCSG

NEW YORK, April 9, 2019 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Healthcare Services Group, Inc. ("Healthcare Services" or the "Company") (NASDAQ: HCSG) and certain of its officers. The class action, filed in United States District Court,...
March 29, 2019

Kessler Topaz Meltzer & Check, LLP: Securities Fraud Class Action Filed Against Healthcare Services Group, Inc. - HCSG

RADNOR, Pa., March 29, 2019 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP alerts investors that a securities fraud class action lawsuit has been filed against Healthcare Services Group, Inc. (Nasdaq: HCSG) ("Healthcare Services") on behalf of purchasers of Healthcare...
March 06, 2019

HEALTHCARE SERVICES INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Healthcare Services Group, Inc. To Contact The Firm

NEW YORK, March 6, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Healthcare Services Group, Inc. ("Healthcare Services" or the "Company")(NASDAQ:HCSG). If you invested in Healthcare Services stock or options...
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 Healthcare Services Group Frequently Asked Questions

  • When was Healthcare Services Group founded?

    Healthcare Services Group was founded in 1976.

  • How many employees does Healthcare Services Group have?

    Healthcare Services Group has 51,000 employees.

  • What is Healthcare Services Group revenue?

    Latest Healthcare Services Group annual revenue is $2 b.

  • What is Healthcare Services Group revenue per employee?

    Latest Healthcare Services Group revenue per employee is $39.4 k.

  • Who are Healthcare Services Group competitors?

    Competitors of Healthcare Services Group include Glucose Health, Stella and Hangover Club.

  • Where is Healthcare Services Group headquarters?

    Healthcare Services Group headquarters is located at 3220 Tillman Dr #300, Bensalem.

  • Where are Healthcare Services Group offices?

    Healthcare Services Group has an office in Bensalem.

  • How many offices does Healthcare Services Group have?

    Healthcare Services Group has 1 office.