Healthcare Services Group, Inc. — Earnings Quality Grade A
HCSG · Healthcare
Strong financial health
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 56 days, change -15 days YoY
AR growth -15.0% vs revenue growth 7.1%
Revenue 7.1%, CFFO 370.6%. Cash follows revenue
Expense Quality
Inventory 0.3% vs COGS 7.4%. Normal
CapEx growth -8.2% vs revenue 7.1%. Normal
SG&A/Gross Profit = 76.7%, exceeds 70%
Gross margin 13.0%, change -0.3pp. Stable
Cash Flow Quality
CFFO/NI = 2.45. Profits backed by cash
FCF $0.1B, FCF/NI = 2.36
Accruals ratio = -10.8%. Low accruals
Cash $0.2B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 17% of equity. Manageable
Debt/EBITDA = 0.1x. Healthy
Other assets -4.6% vs revenue 7.1%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 2% YoY. Normal
Manipulation Score
M-Score = -3.12 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25