Filing Flows › Concentra Group Holdings Parent (CON) › Q1 2025
Concentra Group Holdings Parent (CON) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Concentra Group Holdings Parent (CON) reported revenue of $501M for the first quarter 2025 (Q1 2025), +7% from a year earlier and +8% from the quarter before. Operating margin was 16.0%, net earnings $38.9M (7.8% of revenue).
Concentra Group Holdings Parent, Q1 2025: revenue $501M (+7% year over year), operating margin 16.0%, net earnings $38.9M, operating cash flow $11.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $501M | +8% | +7% |
| Operating profit | $80.3M | +36% | +6% |
| Net earnings | $38.9M | +81% | -21% |
| Operating cash flow | $11.7M | -88% | -74% |
What changed
Revenue was $500.8M in Q1 2025, up 7% year over year and up 8% from the previous quarter. Total occupational health center revenue was the largest line at 94% of revenue. Total occupational health center revenue added $31.9M year over year (up 7%), 96% of the total change.
Operating profit was $80.3M, a 16.0% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 15% reached operating profit, below the 16% margin then. Total costs grew 7% against revenue growth of 7%. The fastest-growing cost line was General & admin (+27%). Net earnings were $38.9M, down 21% year over year. The effective tax rate was 24.6%.
Operating cash flow was $11.7M (down 74% year over year), 29% of net income including minority interests. Non-cash charges added back $16.6M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items used $47.8M. Capital expenditures of $15.7M exceeded it, leaving free cash flow of −$4.0M.
Questions
What was Concentra Group Holdings Parent's revenue in the first quarter 2025?
Concentra Group Holdings Parent (CON) reported revenue of $501M for the first quarter 2025 (Q1 2025), +7% from a year earlier and +8% from the quarter before.
Was Concentra Group Holdings Parent profitable in the first quarter 2025?
Operating profit was $80.3M (16.0% of revenue) and net earnings $38.9M.