Earnings ·
Concentra raises FY 2026 guidance after Q3 revenue growth of 8.6%, declares $0.0625 dividend
CONConcentra Group Holdings Parent, Inc.
Concentra Group Holdings Parent, Inc. reported third-quarter results ending September 30, 2026, with revenue increasing 8.6% year over year to $622.1 million and net income attributable to the company rising 36.5% to $65.9 million. Adjusted EBITDA grew 17.9% to $140.2 million, while the net leverage ratio decreased to 2.90x. The company raised its full-year 2026 revenue guidance to a range of $2.36 billion to $2.38 billion and Adjusted EBITDA guidance to $505 million to $510 million. Concurrently, the board declared a quarterly cash dividend of $0.0625 per share, payable on or about December 4, 2026, to stockholders of record as of November 19, 2026. The board also authorized a new $250 million share repurchase program with no expiration date. Matt DiCanio succeeded Keith Newton as CEO effective November 1, 2026. Concentra is the largest provider of occupational health services in the United States by number of locations.