Healthcare Services Group posts FY2025 net income of USD 58.79 million, up 39 percent

Reuters
Feb 14
Healthcare Services Group posts FY2025 net income of USD 58.79 million, up 39 percent

Healthcare Services Group Inc. reported full year (FY) 2025 consolidated revenues of USD 1,837.17 million, reflecting a 7.1% increase. Environmental Services revenues reached USD 824.68 million, up 7.7%, while Dietary revenues totaled USD 1,012.49 million, an increase of 6.5% for the period. Consolidated costs of services provided rose 7.4% to USD 1,597.80 million. Income before income taxes accounted for 3.7% of revenues, while net income represented 3.2% of total revenues for FY 2025. The company attributed growth in Environmental Services to an increase in the number of facilities serviced and higher contractual pricing. Dietary segment growth was driven by organic expansion in services for existing customers, increased pass-through costs, and higher contractual pricing. Healthcare Services Group Inc. provides management, administrative, and operating services to housekeeping, laundry, linen, facility maintenance, and dietary departments across approximately 2,800 healthcare facilities in the United States.

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