Concentra Group Holdings Parent, Inc. repurchased 800,000 shares from Robert A. Ortenzio and related entities for $41.80 per share, totaling $33,440,000; the transaction closed November 9, 2026.
CON · Concentra Group Holdings Parent, Inc.
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Leadership transition effective November 1, 2026 appoints Matthew DiCanio CEO, William K. Newton Executive Chairman and Tanner Newton CFO. New employment agreements provide annual base salaries of $785,000, $550,000 and $425,000, respectively.
Concentra reported Q3 2026 revenue of $622.1 million, up 8.6%, and adjusted EBITDA of $140.2 million, up 17.9%, while raising 2026 revenue guidance to $2.36 billion to $2.38 billion and adjusted EBITDA guidance to $505 million to $510 million.
Concentra Group Holdings Parent reported third-quarter revenue growth of 8.6% to $622.1 million, driven by 4.9% growth in patient visits and a 3.3% increase in revenue per visit to $152.14.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Nov 6, 2026TL;DR. Concentra delivered strong Q3 growth, expanded margins, broadened its footprint and raised 2026 guidance, while also authorizing a $250 million share repurchase program. The main offsets were lower operating cash flow and free cash flow, a higher adjusted G&A ratio, moderating organic growth and uncertainty around 2027 workers' compensation rates.
- + Concentra raised its 2026 revenue guidance to $2.36–$2.38 billion and adjusted EBITDA guidance to $505–$510 million.
- + Q3 revenue grew 8.6%, net income attributable to the company grew 36.5%, and adjusted EBITDA grew 17.9%.
- + Adjusted EBITDA margin expanded 178 basis points year over year to 22.5%.
- + Patient visits per day increased 4.9%.
- + Concentra expanded its footprint to 639 occupational health centers, opened three de novo centers and completed a four-center Minnesota acquisition.
- + The Board authorized a new $250 million share repurchase program with no expiration date.
- − Q3 operating cash flow declined to $51.9 million from $60.6 million in the prior-year quarter.
- − Free cash flow declined to $32.2 million from $40.2 million in the prior-year quarter.
- − Adjusted G&A expense increased to 9.1% of revenue from 8.5% in the prior-year quarter.
- − Company organic growth moderated in Q3 as Pivot entered the organic calculation and diluted stronger core growth.
- − Management does not expect the 2026 rate of year-over-year margin expansion to continue in 2027.
- − Management could not provide a definitive outlook for 2027 workers' compensation rates because most states had not announced fee-schedule changes.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Earnings per Share non-GAAP | $0.92 | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA non-GAAP | $261.62M | Six Months Ended June 30, 2026 | — |
| Adjusted Net Income Attributable to the Company non-GAAP | $118.14M | Six Months Ended June 30, 2026 | — |
| Consumer health patient visits | 108,131 | Six Months Ended June 30, 2026 | — |
| Consumer health revenue per visit | $136.16 | Six Months Ended June 30, 2026 | — |
| Consumer health VPD volume | 851 | Six Months Ended June 30, 2026 | — |
| Employer services patient visits | 3,689,568 | Six Months Ended June 30, 2026 | — |
| Employer services VPD volume | 29,052 | Six Months Ended June 30, 2026 | — |
| Free Cash Flow non-GAAP | $130.95M | Six Months Ended June 30, 2026 | — |
| Free Cash Flow Conversion non-GAAP | 131% | TTM Jun. 30, 2026 | — |
| Number of occupational health centers—end of period | 633 | Six Months Ended June 30, 2026 | — |
| Number of onsite health clinics—end of period | 415 | Six Months Ended June 30, 2026 | — |
| Return on Invested Capital non-GAAP | 14.6% | TTM Jun. 30, 2026 | — |
| Revenue per visit | $152.08 | Six Months Ended June 30, 2026 | — |
| Revenue per visit for employer services visits | $96.36 | Six Months Ended June 30, 2026 | — |
| Segment Adjusted EBITDA non-GAAP | $140.93M | Three Months Ended June 30, 2026 filing | — |
| Total patient visits | 7,030,025 | Six Months Ended June 30, 2026 | — |
| VPD volume | 55,355 | Six Months Ended June 30, 2026 | — |
| Workers' compensation patient visits | 3,232,326 | Six Months Ended June 30, 2026 | — |
| Workers' compensation revenue per visit | $216.22 | Six Months Ended June 30, 2026 | — |
| Workers' compensation VPD volume | 25,451 | Six Months Ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Medical Care Facilities — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CON
this stock
Concentra Group Holdings Parent, Inc.
|
$5.38B | +116.2% | +13.9% | 25.2 | 1.8% |
|
HCA
HCA Healthcare, Inc.
|
$104.25B | +6.9% | +7.1% | 16.6 | 2.3% |
|
FSNUY
Fresenius SE & Co. KGaA
|
$33.34B | +3.3% | — | — | 0.0% |
|
THC
Tenet Healthcare Corp
|
$22.76B | +43.9% | +0.9% | 8.3 | 2.2% |
|
EHC
Encompass Health Corp
|
$13.83B | +32.8% | +10.5% | 22.0 | 3.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 10, 2026
- This year
- 20
Concentra Group Holdings Parent, Inc. repurchased 800,000 shares from Robert A. Ortenzio and related entities for $41.80 per share, totaling $33,440,000; the transaction closed November 9, 2026.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CON | +0.8% | +10.4% | +66.7% | +5.4% | +116.2% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | -1.8% | +11.6% | +66.2% | +5.6% | +105.6% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.