vs
Side-by-side financial comparison of PACS Group, Inc. (PACS) and WERNER ENTERPRISES INC (WERN). Click either name above to swap in a different company.
PACS Group, Inc. is the larger business by last-quarter revenue ($1.4B vs $808.6M, roughly 1.7× WERNER ENTERPRISES INC). PACS Group, Inc. runs the higher net margin — 4.4% vs -0.5%, a 4.9% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs 13.6%). Over the past eight quarters, PACS Group, Inc.'s revenue compounded faster (20.5% CAGR vs 4.3%).
Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.
PACS vs WERN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $808.6M |
| Net Profit | $59.7M | $-4.3M |
| Gross Margin | — | — |
| Operating Margin | 7.0% | 75.5% |
| Net Margin | 4.4% | -0.5% |
| Revenue YoY | 18.4% | 13.6% |
| Net Profit YoY | 3022.5% | 57.8% |
| EPS (diluted) | $0.42 | $-0.07 |
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.
| Q1 26 | — | $808.6M | ||
| Q4 25 | $1.4B | $719.9M | ||
| Q3 25 | $1.3B | $752.2M | ||
| Q2 25 | $1.3B | $734.1M | ||
| Q1 25 | $1.3B | $693.4M | ||
| Q4 24 | $1.1B | $736.6M | ||
| Q3 24 | $1.0B | $726.3M | ||
| Q2 24 | $981.4M | $742.7M |
| Q1 26 | — | $-4.3M | ||
| Q4 25 | $59.7M | $-27.8M | ||
| Q3 25 | $52.4M | $-20.6M | ||
| Q2 25 | $51.0M | $44.1M | ||
| Q1 25 | $28.5M | $-10.1M | ||
| Q4 24 | $1.9M | $11.9M | ||
| Q3 24 | $15.6M | $6.6M | ||
| Q2 24 | $-10.9M | $9.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 17.1% | — | ||
| Q2 24 | 22.3% | — |
| Q1 26 | — | 75.5% | ||
| Q4 25 | 7.0% | -5.0% | ||
| Q3 25 | 6.4% | -1.7% | ||
| Q2 25 | 6.2% | 9.0% | ||
| Q1 25 | 3.8% | -0.8% | ||
| Q4 24 | 1.7% | 1.8% | ||
| Q3 24 | 2.2% | 2.4% | ||
| Q2 24 | 0.1% | 2.6% |
| Q1 26 | — | -0.5% | ||
| Q4 25 | 4.4% | -3.9% | ||
| Q3 25 | 3.9% | -2.7% | ||
| Q2 25 | 3.9% | 6.0% | ||
| Q1 25 | 2.2% | -1.5% | ||
| Q4 24 | 0.2% | 1.6% | ||
| Q3 24 | 1.5% | 0.9% | ||
| Q2 24 | -1.1% | 1.3% |
| Q1 26 | — | $-0.07 | ||
| Q4 25 | $0.42 | $-0.46 | ||
| Q3 25 | $0.32 | $-0.34 | ||
| Q2 25 | $0.31 | $0.72 | ||
| Q1 25 | $0.17 | $-0.16 | ||
| Q4 24 | $-0.03 | $0.19 | ||
| Q3 24 | $0.10 | $0.11 | ||
| Q2 24 | $-0.07 | $0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $197.0M | $61.5M |
| Total DebtLower is stronger | $353.2M | $878.2M |
| Stockholders' EquityBook value | $946.8M | $1.4B |
| Total Assets | $5.6B | $3.3B |
| Debt / EquityLower = less leverage | 0.37× | 0.65× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $61.5M | ||
| Q4 25 | $197.0M | $59.9M | ||
| Q3 25 | $355.7M | $51.0M | ||
| Q2 25 | $294.2M | $51.4M | ||
| Q1 25 | $287.5M | $52.0M | ||
| Q4 24 | $157.7M | $40.8M | ||
| Q3 24 | $49.5M | $54.7M | ||
| Q2 24 | $73.4M | $70.4M |
| Q1 26 | — | $878.2M | ||
| Q4 25 | $353.2M | $752.0M | ||
| Q3 25 | — | $725.0M | ||
| Q2 25 | — | $725.0M | ||
| Q1 25 | — | $640.0M | ||
| Q4 24 | $411.9M | $650.0M | ||
| Q3 24 | — | $690.0M | ||
| Q2 24 | — | $670.0M |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $946.8M | $1.4B | ||
| Q3 25 | $871.3M | $1.4B | ||
| Q2 25 | $806.8M | $1.4B | ||
| Q1 25 | $750.2M | $1.4B | ||
| Q4 24 | $709.6M | $1.5B | ||
| Q3 24 | $660.0M | $1.4B | ||
| Q2 24 | $572.1M | $1.5B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $5.6B | $2.9B | ||
| Q3 25 | $5.6B | $3.0B | ||
| Q2 25 | $5.5B | $2.9B | ||
| Q1 25 | $5.5B | $3.0B | ||
| Q4 24 | $5.2B | $3.1B | ||
| Q3 24 | $4.5B | $3.1B | ||
| Q2 24 | $3.9B | $3.1B |
| Q1 26 | — | 0.65× | ||
| Q4 25 | 0.37× | 0.55× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | 0.58× | 0.45× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.46× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.4M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | -0.06× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-3.4M | $62.3M | ||
| Q3 25 | $204.8M | $44.1M | ||
| Q2 25 | $52.6M | $46.0M | ||
| Q1 25 | $150.2M | $29.4M | ||
| Q4 24 | $64.6M | $71.0M | ||
| Q3 24 | $209.2M | $61.0M | ||
| Q2 24 | $34.8M | $109.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-23.5M | ||
| Q3 25 | — | $-8.6M | ||
| Q2 25 | — | $-42.3M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | — | $-9.8M | ||
| Q3 24 | — | $-73.4M | ||
| Q2 24 | — | $-31.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | -3.3% | ||
| Q3 25 | — | -1.1% | ||
| Q2 25 | — | -5.8% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | -1.3% | ||
| Q3 24 | — | -10.1% | ||
| Q2 24 | — | -4.2% |
| Q1 26 | — | 0.2% | ||
| Q4 25 | — | 11.9% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 12.0% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 11.0% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 18.9% |
| Q1 26 | — | — | ||
| Q4 25 | -0.06× | — | ||
| Q3 25 | 3.91× | — | ||
| Q2 25 | 1.03× | 1.04× | ||
| Q1 25 | 5.28× | — | ||
| Q4 24 | 33.78× | 5.97× | ||
| Q3 24 | 13.39× | 9.30× | ||
| Q2 24 | — | 11.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
