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Side-by-side financial comparison of Floor & Decor Holdings, Inc. (FND) and PACS Group, Inc. (PACS). Click either name above to swap in a different company.

PACS Group, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.2× Floor & Decor Holdings, Inc.). PACS Group, Inc. runs the higher net margin — 4.4% vs 3.5%, a 0.9% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs 2.0%). Over the past eight quarters, PACS Group, Inc.'s revenue compounded faster (20.5% CAGR vs 1.5%).

Floor & Decor Holdings, Inc., branded as Floor & Decor, is a multi-channel American specialty retailer of hard surface flooring and related accessories that was founded in 2000 and headquartered in Smyrna, Georgia, United States.

FND vs PACS — Head-to-Head

Bigger by revenue
PACS
PACS
1.2× larger
PACS
$1.4B
$1.1B
FND
Growing faster (revenue YoY)
PACS
PACS
+16.4% gap
PACS
18.4%
2.0%
FND
Higher net margin
PACS
PACS
0.9% more per $
PACS
4.4%
3.5%
FND
Faster 2-yr revenue CAGR
PACS
PACS
Annualised
PACS
20.5%
1.5%
FND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FND
FND
PACS
PACS
Revenue
$1.1B
$1.4B
Net Profit
$39.3M
$59.7M
Gross Margin
43.5%
Operating Margin
4.6%
7.0%
Net Margin
3.5%
4.4%
Revenue YoY
2.0%
18.4%
Net Profit YoY
-17.2%
3022.5%
EPS (diluted)
$0.36
$0.42

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FND
FND
PACS
PACS
Q4 25
$1.1B
$1.4B
Q3 25
$1.2B
$1.3B
Q2 25
$1.2B
$1.3B
Q1 25
$1.2B
$1.3B
Q4 24
$1.1B
$1.1B
Q3 24
$1.1B
$1.0B
Q2 24
$1.1B
$981.4M
Q1 24
$1.1B
$934.3M
Net Profit
FND
FND
PACS
PACS
Q4 25
$39.3M
$59.7M
Q3 25
$57.3M
$52.4M
Q2 25
$63.2M
$51.0M
Q1 25
$48.9M
$28.5M
Q4 24
$47.5M
$1.9M
Q3 24
$51.7M
$15.6M
Q2 24
$56.7M
$-10.9M
Q1 24
$50.0M
$49.1M
Gross Margin
FND
FND
PACS
PACS
Q4 25
43.5%
Q3 25
43.4%
Q2 25
43.9%
Q1 25
43.8%
Q4 24
43.5%
Q3 24
43.5%
17.1%
Q2 24
43.3%
22.3%
Q1 24
42.8%
21.2%
Operating Margin
FND
FND
PACS
PACS
Q4 25
4.6%
7.0%
Q3 25
6.1%
6.4%
Q2 25
6.7%
6.2%
Q1 25
5.5%
3.8%
Q4 24
5.3%
1.7%
Q3 24
5.9%
2.2%
Q2 24
6.3%
0.1%
Q1 24
5.4%
8.6%
Net Margin
FND
FND
PACS
PACS
Q4 25
3.5%
4.4%
Q3 25
4.9%
3.9%
Q2 25
5.2%
3.9%
Q1 25
4.2%
2.2%
Q4 24
4.3%
0.2%
Q3 24
4.6%
1.5%
Q2 24
5.0%
-1.1%
Q1 24
4.6%
5.3%
EPS (diluted)
FND
FND
PACS
PACS
Q4 25
$0.36
$0.42
Q3 25
$0.53
$0.32
Q2 25
$0.58
$0.31
Q1 25
$0.45
$0.17
Q4 24
$0.44
$-0.03
Q3 24
$0.48
$0.10
Q2 24
$0.52
$-0.07
Q1 24
$0.46
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FND
FND
PACS
PACS
Cash + ST InvestmentsLiquidity on hand
$197.0M
Total DebtLower is stronger
$353.2M
Stockholders' EquityBook value
$2.4B
$946.8M
Total Assets
$5.5B
$5.6B
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FND
FND
PACS
PACS
Q4 25
$197.0M
Q3 25
$355.7M
Q2 25
$294.2M
Q1 25
$287.5M
Q4 24
$157.7M
Q3 24
$49.5M
Q2 24
$73.4M
Q1 24
$81.2M
Total Debt
FND
FND
PACS
PACS
Q4 25
$353.2M
Q3 25
Q2 25
Q1 25
Q4 24
$411.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FND
FND
PACS
PACS
Q4 25
$2.4B
$946.8M
Q3 25
$2.4B
$871.3M
Q2 25
$2.3B
$806.8M
Q1 25
$2.2B
$750.2M
Q4 24
$2.2B
$709.6M
Q3 24
$2.1B
$660.0M
Q2 24
$2.0B
$572.1M
Q1 24
$2.0B
$128.0M
Total Assets
FND
FND
PACS
PACS
Q4 25
$5.5B
$5.6B
Q3 25
$5.5B
$5.6B
Q2 25
$5.4B
$5.5B
Q1 25
$5.4B
$5.5B
Q4 24
$5.1B
$5.2B
Q3 24
$4.9B
$4.5B
Q2 24
$4.8B
$3.9B
Q1 24
$4.7B
$3.9B
Debt / Equity
FND
FND
PACS
PACS
Q4 25
0.37×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FND
FND
PACS
PACS
Operating Cash FlowLast quarter
$124.1M
$-3.4M
Free Cash FlowOCF − Capex
$45.1M
FCF MarginFCF / Revenue
4.0%
Capex IntensityCapex / Revenue
7.0%
Cash ConversionOCF / Net Profit
3.15×
-0.06×
TTM Free Cash FlowTrailing 4 quarters
$64.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FND
FND
PACS
PACS
Q4 25
$124.1M
$-3.4M
Q3 25
$102.5M
$204.8M
Q2 25
$84.1M
$52.6M
Q1 25
$71.2M
$150.2M
Q4 24
$101.4M
$64.6M
Q3 24
$160.3M
$209.2M
Q2 24
$194.0M
$34.8M
Q1 24
$147.5M
$58.8M
Free Cash Flow
FND
FND
PACS
PACS
Q4 25
$45.1M
Q3 25
$24.5M
Q2 25
$-10.0M
Q1 25
$4.4M
Q4 24
$3.9M
Q3 24
$36.5M
Q2 24
$80.0M
Q1 24
$35.8M
FCF Margin
FND
FND
PACS
PACS
Q4 25
4.0%
Q3 25
2.1%
Q2 25
-0.8%
Q1 25
0.4%
Q4 24
0.4%
Q3 24
3.3%
Q2 24
7.1%
Q1 24
3.3%
Capex Intensity
FND
FND
PACS
PACS
Q4 25
7.0%
Q3 25
6.6%
Q2 25
7.8%
Q1 25
5.7%
Q4 24
8.8%
Q3 24
11.1%
Q2 24
10.1%
Q1 24
10.2%
Cash Conversion
FND
FND
PACS
PACS
Q4 25
3.15×
-0.06×
Q3 25
1.79×
3.91×
Q2 25
1.33×
1.03×
Q1 25
1.46×
5.28×
Q4 24
2.14×
33.78×
Q3 24
3.10×
13.39×
Q2 24
3.42×
Q1 24
2.95×
1.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FND
FND

Laminate And Vinyl$310.1M27%
Tile$259.1M23%
Installation Materials And Tools$218.4M19%
Decorative Accessories And Wall Tile$177.0M16%
Wood$83.2M7%
Natural Stone$46.8M4%
Adjacent Categories$26.6M2%
Other$8.5M1%

PACS
PACS

Segment breakdown not available.

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