Concentra Group Holdings Parent, Inc. · NYSE:CON
Concentra Group Holdings Parent — Q1 2026 Earnings Presentation
13 slides from Concentra Group Holdings Parent's earnings presentation, May 8, 2026
Slide 1: 1st Quarter 2026 Results
1 Quarter 2026 Results st May 7, 2026 ©2026 Concentra Inc. All rights reserved.
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements This presentation contains forward-looking statements that express Concentra Group Holdings Parent, Inc.'s ("Concentra," the "Company," "we" or "our") current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events
Slide 3: Concentra At-a-Glance
Concentra At-a-Glance Concentra is the largest provider of occupational health services in the United States by number of locations1, with a mission of improving the health of America’s workforce, one patient at a time KEY STATISTICS ROBUST FINANCIALS 632 411 $2.2bn $450mm Occupational health Onsite
Slide 4: We Continue to Deliver on Goals & Key Initiatives
We Continue to Deliver on Goals & Key Initiatives Operational Strong Q1 performance with +13.7% Revenue growth (+6.3% excluding Nova and Pivot) and +17.6% Adjusted EBITDA1 & Financial growth YoY (margin expansion of 69 basis points) Continued robust volume growth excluding Nova, most notably Workers
Slide 5: Q1 2026 Performance
Q1 2026 Performance Q1 2026 Q1 2025 YoY (∆) Commentary Facility Count (end of period) Occupational Health Centers 632 627 +5 Onsite Health Clinics 411 160 +251 Largely due to Pivot Onsite Innovations acquisition in Q2 2025 (240+) KPIs Visits per Day (“VPD”) 54.3k 50.9k 6.7% +2.9% Workers’ Compensati
Slide 6: Balance Sheet & Capital Allocation Strategy
Balance Sheet & Capital Allocation Strategy Continued focus on de-levering for 2026, with strong cash flow also supporting capital deployment to other attractive strategies Capital Allocation Strategy Net Leverage Ratio Liquidity (Net leverage ratio as multiple of Adj. EBITDA1, calculation per credi
Slide 7: 2026 Full-Year Guidance
2026 Full-Year Guidance FY 2025 FY 2026 Guidance Commentary Total Revenue $2,163.4mm $2,275mm – $2,375mm Raising previous guidance ($2,250mm – $2,350mm) Adjusted EBITDA1 $431.9mm $460mm – $480mm Raising previous guidance ($450mm – $470mm) Net Leverage Ratio2 3.4x <3.0x Remain on track for target Fre
Slide 8: Improving the health of America's workforce, one patient at a time.
Improving the health of America’s workforce, one patient at a time. ©2026 Concentra Inc. All rights reserved.
Slide 9: Appendix
Appendix ©2026 Concentra Inc. All rights reserved.
Slide 10: Reconciliation of Net Income to Adjusted EBITDA
Reconciliation of Net Income to Adjusted EBITDA Three Months Ended Mar. 31, TTM Mar. 31, ($ in thousands) 2026 2025 2026 Revenue $569,555 $500,752 $2,232,220 Net Income $52,292 $40,642 $184,499 Income Tax Expense 17,315 13,254 55,039 Interest Expense (Income) 26,003 25,548 109,745 Loss on Early Reti
Slide 11: Reconciliation of 2026 Adjusted EBITDA Guidance
Reconciliation of 2026 Adjusted EBITDA Guidance Range ($ in millions) Low High Net Income Attributable to the Company $184 $199 Net Income Attributable to Non-Controlling Interests 7 7 Net Income $191 $206 Income Tax Expense 63 68 Interest Expense 104 104 Income from Operations $358 $378 Stock Compe
Slide 12: Reconciliation to Free Cash Flow
Reconciliation to Free Cash Flow TTM Mar. 31, 2026 Guidance ($ in millions) 2026 Low High Net Cash Provided by Operating Activities $289 $295 $305 Net Cash Used in Investing Activities $(135) $(84) $(74) Business Combinations, Net of Cash Acquired $58 $4 $4 Free Cash Flow $212 $215 $235 Net Income $
Slide 13: Reconciliation to Return on Invested Capital (ROIC)
Reconciliation to Return on Invested Capital (ROIC) ($ in millions) TTM Mar. 31, 2026 Operating Income $349 (x) 1-Effective Tax Rate1 76% (i) NOPAT $265 Starting Debt $1,634 Ending Debt $1,576 (a) Average Debt $1,605 Starting Equity (BV) $312 Ending Equity (BV) $432 (b) Average Equity (BV) $372 Star
Concentra Group Holdings Parent — Q1 2026 Earnings Presentation on 6ix