The Ensign Group (ENSG) Financials

$175.81 -0.12 (-0.07%)

As of 12:52 PM Eastern

Annual Income Statements for The Ensign Group

This table shows The Ensign Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	55	50	40	92	111	170	195	225	209	298	344
Consolidated Net Income / (Loss)	56	53	41	93	112	171	198	225	210	298	344
Net Income / (Loss) Continuing Operations	56	53	17	59	92	171	198	225	210	298	344
Total Pre-Tax Income	91	86	31	72	116	218	258	289	273	386	456
Total Operating Income	93	92	43	85	129	223	260	297	255	358	425
Total Gross Profit	274	313	285	336	416	537	608	671	788	884	1,039
Total Revenue	1,342	1,655	1,598	1,755	2,037	2,403	2,627	3,025	3,729	4,260	5,058
Operating Revenue	1,342	1,655	1,598	1,755	2,037	2,403	2,627	3,025	3,729	4,260	5,058
Total Cost of Revenue	1,068	1,342	1,313	1,418	1,621	1,865	2,020	2,354	2,941	3,377	4,019
Operating Cost of Revenue	1,068	1,342	1,313	1,418	1,621	1,865	2,020	2,354	2,941	3,377	4,019
Total Operating Expenses	181	221	242	251	287	314	347	374	533	525	613
Selling, General & Admin Expense	64	69	74	91	111	130	152	159	263	225	270
Depreciation Expense	28	39	42	45	51	55	56	62	72	84	104
Other Operating Expenses / (Income)	89	125	112	118	125	130	139	153	197	216	239
Total Other Income / (Expense), net	-1.98	-6.03	-12	-13	-13	-5.55	-2.46	-7.74	17	28	30
Interest Expense	2.83	7.14	14	15	16	9.36	6.85	8.93	8.09	8.29	7.99
Interest & Investment Income	0.85	1.11	1.61	2.02	-	-	-	5.04	19	29	25
Other Income / (Expense), net	-	-	-	-	2.65	3.81	4.39	-3.84	6.27	7.33	14
Income Tax Expense	35	33	14	13	24	46	60	64	63	88	111
Net Income / (Loss) Attributable to Noncontrolling Interest	0.49	2.85	0.36	0.16	1.15	0.89	3.07	-0.03	0.45	0.49	0.29
Basic Earnings per Share	$1.10	$0.99	$0.79	$1.78	$2.07	$3.19	$3.57	$4.09	$3.76	$5.26	$6.00
Weighted Average Basic Shares Outstanding	50.32M	50.56M	50.93M	52.02M	53.45M	53.43M	54.49M	54.89M	55.71M	56.66M	57.31M
Diluted Earnings per Share	$1.06	$0.96	$0.77	$1.70	$1.97	$3.06	$3.42	$3.95	$3.65	$5.12	$5.84
Weighted Average Diluted Shares Outstanding	52.21M	52.13M	52.83M	54.40M	55.98M	55.79M	56.93M	56.87M	57.32M	58.24M	58.87M
Weighted Average Basic & Diluted Shares Outstanding	50.40M	50.50M	51.20M	51.90M	53.53M	54.70M	55.09M	55.73M	56.67M	57.46M	58.11M
Cash Dividends to Common per Share	$0.15	$0.16	$0.17	$0.18	$0.19	$0.20	$0.21	$0.22	$0.23	$0.24	$0.25

This table shows The Ensign Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	64	22	69	71	78	80	80	84	84	95	100
Consolidated Net Income / (Loss)	64	22	69	71	79	80	80	84	84	96	100
Net Income / (Loss) Continuing Operations	64	22	69	71	79	80	80	84	84	96	100
Total Pre-Tax Income	82	31	90	92	99	106	107	112	107	130	129
Total Operating Income	80	23	82	86	89	101	101	104	96	124	125
Total Gross Profit	200	199	211	216	222	235	245	256	252	286	293
Total Revenue	941	980	1,010	1,036	1,082	1,132	1,173	1,228	1,296	1,361	1,389
Operating Revenue	941	980	1,010	1,036	1,082	1,132	1,173	1,228	1,296	1,361	1,389
Total Cost of Revenue	741	781	799	820	860	897	928	972	1,045	1,075	1,096
Operating Cost of Revenue	741	781	799	820	860	897	928	972	1,045	1,075	1,096
Total Operating Expenses	120	176	129	130	132	134	144	152	156	162	169
Selling, General & Admin Expense	51	107	57	56	56	56	63	69	67	71	74
Depreciation Expense	18	19	20	20	21	23	24	26	27	28	29
Other Operating Expenses / (Income)	50	51	52	53	55	56	57	57	62	64	66
Total Other Income / (Expense), net	2.25	8.46	7.38	6.09	9.34	4.98	5.21	8.46	10	6.27	3.72
Interest Expense	2.02	2.00	1.96	2.04	2.02	2.26	2.04	2.03	1.97	1.96	1.93
Interest & Investment Income	5.26	-	6.46	7.08	7.61	-	6.88	5.24	6.17	6.22	6.54
Other Income / (Expense), net	-0.98	0.05	2.88	1.05	3.75	-6.82	0.36	5.24	6.19	2.01	-0.89
Income Tax Expense	18	9.46	21	21	20	26	26	28	23	35	29
Net Income / (Loss) Attributable to Noncontrolling Interest	0.11	0.13	0.13	0.17	0.12	0.06	0.08	0.07	0.07	0.08	0.09
Basic Earnings per Share	$1.14	$0.39	$1.22	$1.26	$1.38	$1.40	$1.41	$1.48	$1.46	$1.65	$1.73
Weighted Average Basic Shares Outstanding	55.83M	55.71M	56.34M	56.54M	56.78M	56.66M	57.10M	57.16M	57.38M	57.31M	57.77M
Diluted Earnings per Share	$1.11	$0.37	$1.19	$1.22	$1.34	$1.37	$1.37	$1.44	$1.42	$1.61	$1.67
Weighted Average Diluted Shares Outstanding	57.34M	57.32M	57.92M	58.01M	58.44M	58.24M	58.50M	58.60M	58.96M	58.87M	59.57M
Weighted Average Basic & Diluted Shares Outstanding	56.45M	56.67M	56.92M	57.11M	57.30M	57.46M	57.49M	57.70M	57.92M	58.11M	58.45M
Cash Dividends to Common per Share	$0.06	$0.06	$0.06	$0.06	$0.06	$0.06	$0.06	$0.06	$0.06	-	$0.07

This table details how cash moves in and out of The Ensign Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-8.84	16	-15	-11	28	177	26	54	193	-45	39
Net Cash From Operating Activities	33	74	80	210	192	373	276	273	377	347	564
Net Cash From Continuing Operating Activities	33	74	48	170	169	373	276	273	377	347	564
Net Income / (Loss) Continuing Operations	56	53	17	59	92	171	198	225	210	298	344
Consolidated Net Income / (Loss)	56	53	41	93	112	171	198	225	210	298	344
Depreciation Expense	28	39	42	45	51	55	56	62	72	84	104
Amortization Expense	0.59	0.83	1.04	1.18	1.09	0.84	0.86	1.04	1.07	1.06	1.06
Non-Cash Adjustments To Reconcile Net Income	12	23	38	32	9.37	25	16	28	25	40	46
Changes in Operating Assets and Liabilities, net	-63	-41	-50	33	15	122	5.12	-44	68	-76	69
Net Cash From Investing Activities	-169	-211	-113	-151	-247	-59	-174	-186	-183	-390	-513
Net Cash From Continuing Investing Activities	-169	-211	-97	-141	-224	-59	-174	-186	-183	-390	-513
Acquisitions	-111	-187	-76	-92	-155	-11	-106	-101	-69	-157	-323
Purchase of Investments	-	-	-6.59	-3.07	-12	-22	-32	-22	-30	-105	-111
Sale and/or Maturity of Investments	0.00	0.00	38	0.00	8.86	24	27	14	19	26	100
Other Investing Activities, net	-15	0.37	-0.81	-51	-73	-51	-65	-86	-103	-155	-179
Net Cash From Financing Activities	126	153	18	-70	83	-137	-76	-32	-0.61	-2.16	-12
Net Cash From Continuing Financing Activities	126	153	18	-70	83	-137	-76	-32	-0.61	-2.16	-12
Repayment of Debt	-314	-663	-993	-915	-1,299	-630	-4.23	-7.30	-4.31	-9.97	-5.01
Repurchase of Common Equity	0.00	-30	-7.29	0.00	-6.41	-25	-10	-30	0.00	0.00	-20
Payment of Dividends	-7.49	-8.17	-8.80	-9.76	-11	-14	-14	-12	-13	-14	-14
Issuance of Debt	334	844	1,022	845	1,380	417	45	0.41	0.15	0.40	0.00
Other Financing Activities, net	8.04	9.74	5.27	9.37	20	114	-93	17	16	21	28
Cash Interest Paid	2.77	6.43	13	16	14	9.92	5.69	7.60	7.03	7.06	6.91
Cash Income Taxes Paid	35	23	38	20	20	74	66	70	90	96	116

This table details how cash moves in and out of The Ensign Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	48	42	2.21	-35	55	-67	-182	81	80	60	36
Net Cash From Operating Activities	123	85	35	77	134	100	72	156	153	183	100
Net Cash From Continuing Operating Activities	123	85	35	77	134	100	72	156	153	183	100
Net Income / (Loss) Continuing Operations	64	22	69	71	79	80	80	84	84	96	100
Consolidated Net Income / (Loss)	64	22	69	71	79	80	80	84	84	96	100
Depreciation Expense	18	19	20	20	21	23	24	26	27	28	29
Amortization Expense	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.26	0.26	0.26	0.26
Non-Cash Adjustments To Reconcile Net Income	8.75	57	11	6.00	10	11	11	9.21	12	13	16
Changes in Operating Assets and Liabilities, net	32	-13	-65	-21	24	-13	-44	36	30	47	-44
Net Cash From Investing Activities	-75	-45	-35	-110	-79	-167	-244	-68	-77	-124	-71
Net Cash From Continuing Investing Activities	-75	-45	-35	-110	-79	-167	-244	-68	-77	-124	-71
Acquisitions	-52	-15	-2.92	-63	-21	-69	-194	-19	-27	-83	-29
Purchase of Investments	-2.11	-9.07	-13	-23	-17	-53	-26	-37	-29	-19	-37
Sale and/or Maturity of Investments	4.24	6.75	10	8.98	3.29	3.84	18	35	29	17	30
Other Investing Activities, net	-25	-28	-29	-35	-45	-48	-41	-47	-51	-39	-35
Net Cash From Financing Activities	-0.10	1.43	1.56	-1.53	-0.85	-1.34	-10	-6.31	4.01	0.83	6.65
Net Cash From Continuing Financing Activities	-0.10	1.43	1.56	-1.53	-0.85	-1.34	-10	-6.31	4.01	0.83	6.65
Repayment of Debt	-0.96	-1.12	-0.98	-0.98	-1.39	-1.00	-1.02	-1.02	-1.03	-1.96	-1.04
Repurchase of Common Equity	-	-	0.00	-	-	-	-11	-9.23	-	-	0.00
Payment of Dividends	-3.23	-3.24	-3.67	-3.41	-3.42	-3.70	-3.59	-3.60	-3.61	-3.62	-3.78
Other Financing Activities, net	4.09	5.64	6.21	2.87	3.57	3.37	5.04	7.53	8.64	6.41	11
Cash Interest Paid	1.75	1.74	1.73	1.76	1.79	1.79	1.77	1.80	1.65	1.69	1.66
Cash Income Taxes Paid	2.45	81	-	-	26	14	0.00	-	22	30	0.43

This table presents The Ensign Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	748	1,001	1,102	1,182	2,362	2,546	2,851	3,452	4,178	4,669	5,463
Total Current Assets	280	334	368	348	411	583	640	781	1,047	1,158	1,272
Cash & Equivalents	42	58	42	31	59	237	262	316	510	465	504
Short-Term Investments	2.00	12	13	8.68	18	13	14	15	17	62	69
Accounts Receivable	209	244	265	252	309	305	329	408	485	570	637
Prepaid Expenses	19	20	28	20	24	27	30	41	35	61	63
Plant, Property, & Equipment, net	300	484	537	608	768	778	888	992	1,091	1,291	1,697
Total Noncurrent Assets	169	183	197	225	1,183	1,184	1,322	1,679	2,040	2,220	2,494
Goodwill	41	67	81	50	54	54	60	77	77	98	98
Intangible Assets	64	55	58	33	6.45	6.62	6.38	6.44	6.53	7.29	6.38
Noncurrent Deferred & Refundable Income Taxes	21	23	13	12	4.62	32	33	40	67	66	83
Other Noncurrent Operating Assets	33	25	29	43	1,092	1,058	1,222	1,556	1,889	2,049	2,306
Total Liabilities & Shareholders' Equity	748	1,001	1,102	1,182	2,362	2,546	2,851	3,452	4,178	4,669	5,463
Total Liabilities	321	541	602	580	1,706	1,727	1,829	2,203	2,680	2,829	3,228
Total Current Liabilities	180	212	226	269	343	562	523	582	735	743	894
Short-Term Debt	0.62	8.13	9.94	10	2.70	2.96	3.76	3.88	3.95	4.09	4.23
Accounts Payable	36	39	39	40	45	51	58	77	93	99	97
Accrued Expenses	-	-	-	57	70	87	89	97	168	132	174
Current Employee Benefit Liabilities	79	85	91	107	151	237	279	290	333	348	422
Other Current Liabilities	64	80	86	25	74	185	93	114	137	161	196
Total Noncurrent Liabilities	141	329	377	310	1,363	1,165	1,306	1,621	1,945	2,086	2,334
Long-Term Debt	99	275	303	233	325	113	153	149	145	142	138
Asset Retirement Reserve & Litigation Obligation	38	44	50	55	58	62	69	83	111	144	165
Noncurrent Deferred Revenue	3.98	9.12	11	7.92	5.28	40	27	33	49	64	82
Other Noncurrent Operating Liabilities	-	-	-	3.32	974	950	1,057	1,355	1,639	1,735	1,949
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	427	460	500	602	656	818	1,022	1,249	1,497	1,840	2,235
Total Preferred & Common Equity	427	456	492	591	654	818	1,021	1,247	1,492	1,837	2,232
Total Common Equity	427	456	492	591	654	818	1,021	1,247	1,492	1,837	2,232
Common Stock	235	253	266	284	308	338	370	416	466	528	615
Retained Earnings	193	235	265	345	392	551	734	946	1,143	1,427	1,756
Treasury Stock	-1.22	-31	-38	-38	-45	-71	-83	-115	-117	-118	-139
Noncontrolling Interest	-0.34	4.05	7.66	11	1.95	0.15	0.95	1.47	5.45	3.32	3.10

This table presents The Ensign Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	3,265	3,862	3,952	4,082	4,308	4,437	4,629	4,760	4,930	5,226	5,612
Total Current Assets	727	830	928	994	1,088	1,115	1,197	986	1,067	1,207	1,320
Cash & Equivalents	309	327	420	468	512	477	532	283	364	444	539
Short-Term Investments	12	20	20	16	14	24	39	62	54	63	56
Accounts Receivable	354	444	446	472	519	547	554	584	578	613	663
Prepaid Expenses	36	39	42	38	42	48	46	58	71	88	62
Plant, Property, & Equipment, net	963	1,002	1,009	1,068	1,102	1,178	1,218	1,459	1,535	1,598	1,720
Total Noncurrent Assets	1,575	2,030	2,016	2,020	2,119	2,144	2,215	2,314	2,328	2,421	2,571
Goodwill	77	77	77	77	77	77	77	106	98	98	98
Intangible Assets	6.50	6.33	6.27	6.35	6.56	6.70	6.68	6.95	6.51	6.44	6.32
Noncurrent Deferred & Refundable Income Taxes	34	40	40	40	66	67	65	66	66	56	83
Other Noncurrent Operating Assets	1,458	1,907	1,893	1,897	1,968	1,994	2,065	2,135	2,157	2,261	2,384
Total Liabilities & Shareholders' Equity	3,265	3,862	3,952	4,082	4,308	4,437	4,629	4,760	4,930	5,226	5,612
Total Liabilities	2,084	2,542	2,559	2,617	2,725	2,774	2,878	2,830	2,909	3,104	3,242
Total Current Liabilities	567	585	619	672	710	731	769	705	756	825	848
Short-Term Debt	3.91	3.85	3.88	3.92	3.98	4.02	4.05	4.12	4.16	4.19	4.26
Accounts Payable	63	81	78	77	83	89	90	95	103	106	116
Accrued Expenses	100	111	121	148	180	165	169	154	135	160	203
Current Employee Benefit Liabilities	291	261	287	312	294	323	354	285	334	371	314
Other Current Liabilities	108	128	129	131	148	151	152	167	179	185	211
Total Noncurrent Liabilities	1,516	1,957	1,940	1,945	2,015	2,043	2,109	2,124	2,154	2,278	2,394
Long-Term Debt	-	148	147	146	145	144	143	141	140	139	136
Asset Retirement Reserve & Litigation Obligation	78	94	93	98	117	124	126	151	159	161	184
Noncurrent Deferred Revenue	-	38	42	43	52	56	63	66	63	76	86
Other Noncurrent Operating Liabilities	1,439	1,677	1,658	1,658	1,702	1,720	1,778	1,767	1,792	1,903	1,987
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,182	1,320	1,393	1,465	1,583	1,663	1,751	1,930	2,021	2,123	2,370
Total Preferred & Common Equity	1,180	1,318	1,388	1,460	1,578	1,657	1,747	1,927	2,018	2,119	2,366
Total Common Equity	1,180	1,318	1,388	1,460	1,578	1,657	1,747	1,927	2,018	2,119	2,366
Common Stock	406	430	441	452	486	499	514	552	572	594	653
Retained Earnings	889	1,003	1,064	1,124	1,208	1,276	1,351	1,503	1,584	1,664	1,852
Treasury Stock	-115	-115	-117	-117	-117	-118	-118	-129	-139	-139	-139
Noncontrolling Interest	1.69	1.58	5.62	5.70	5.57	5.71	3.65	3.34	3.32	3.44	3.45

This table displays calculated financial ratios and metrics derived from The Ensign Group's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	30.60%	23.33%	-3.42%	9.78%	16.07%	17.98%	9.36%	15.15%	23.27%	14.24%	18.72%
EBITDA Growth	21.73%	7.86%	-34.15%	51.40%	40.49%	53.49%	13.92%	10.78%	-5.97%	34.54%	20.77%
EBIT Growth	27.64%	-1.33%	-52.98%	96.62%	55.25%	72.17%	16.69%	10.62%	-10.70%	39.75%	20.09%
NOPAT Growth	40.58%	-1.01%	-58.43%	197.33%	46.70%	71.38%	13.59%	15.56%	-14.83%	40.98%	16.02%
Net Income Growth	65.72%	-5.50%	-22.73%	126.60%	20.71%	53.43%	15.38%	13.62%	-6.59%	42.22%	15.35%
EPS Growth	35.90%	-9.43%	-19.79%	120.78%	15.88%	55.33%	11.76%	15.50%	-7.59%	40.27%	14.06%
Operating Cash Flow Growth	-60.69%	121.43%	7.65%	164.39%	-8.60%	94.23%	-26.16%	-1.15%	38.22%	-7.83%	62.53%
Free Cash Flow Firm Growth	-149.79%	16.58%	49.04%	235.94%	-151.26%	964.95%	-112.86%	220.30%	133.70%	-142.48%	62.17%
Invested Capital Growth	83.64%	39.87%	13.73%	-2.88%	20.44%	-26.15%	38.71%	18.60%	4.64%	30.30%	23.64%
Revenue Q/Q Growth	7.73%	3.76%	-10.94%	0.86%	17.85%	2.95%	2.50%	4.00%	4.80%	3.70%	4.73%
EBITDA Q/Q Growth	6.60%	11.20%	-35.58%	2.35%	42.67%	7.67%	4.98%	2.57%	-12.82%	19.76%	5.95%
EBIT Q/Q Growth	5.31%	14.10%	-52.45%	3.45%	64.05%	9.65%	5.64%	2.30%	-16.48%	24.13%	6.14%
NOPAT Q/Q Growth	7.12%	15.00%	-59.11%	10.38%	48.63%	10.52%	1.04%	4.63%	-18.08%	27.99%	4.89%
Net Income Q/Q Growth	6.97%	14.20%	-19.33%	19.87%	0.69%	12.35%	1.44%	5.42%	-15.57%	24.08%	4.81%
EPS Q/Q Growth	1.92%	6.67%	-18.09%	14.86%	0.51%	12.50%	0.89%	5.33%	-15.90%	24.27%	4.29%
Operating Cash Flow Q/Q Growth	5.96%	-19.03%	20.61%	21.16%	3.68%	9.16%	-6.76%	-7.16%	10.27%	4.57%	17.21%
Free Cash Flow Firm Q/Q Growth	15.41%	-115.95%	50.17%	196.36%	33.00%	0.34%	-156.11%	-46.57%	641.28%	-391.87%	81.34%
Invested Capital Q/Q Growth	10.55%	22.94%	2.97%	-4.24%	-2.43%	-1.01%	18.47%	23.79%	-1.03%	10.00%	2.55%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.43%	18.92%	17.82%	19.17%	20.42%	22.37%	23.12%	22.18%	21.13%	20.74%	20.54%
EBITDA Margin	9.08%	7.94%	5.41%	7.46%	9.03%	11.75%	12.24%	11.78%	8.99%	10.58%	10.77%
Operating Margin	6.94%	5.55%	2.70%	4.84%	6.34%	9.29%	9.91%	9.81%	6.85%	8.41%	8.41%
EBIT Margin	6.94%	5.55%	2.70%	4.84%	6.47%	9.45%	10.08%	9.68%	7.02%	8.58%	8.68%
Profit (Net Income) Margin	4.17%	3.19%	2.55%	5.27%	5.48%	7.13%	7.53%	7.43%	5.63%	7.01%	6.81%
Tax Burden Percent	61.38%	61.58%	130.96%	128.96%	96.14%	78.75%	76.64%	77.71%	76.94%	77.30%	75.56%
Interest Burden Percent	97.87%	93.44%	72.20%	84.49%	88.12%	95.88%	97.41%	98.67%	104.25%	105.60%	103.76%
Effective Tax Rate	38.62%	38.42%	45.56%	17.68%	20.62%	21.25%	23.36%	22.29%	23.06%	22.70%	24.44%
Return on Invested Capital (ROIC)	15.63%	9.96%	3.32%	9.42%	12.72%	22.95%	25.71%	23.39%	17.94%	21.48%	19.69%
ROIC Less NNEP Spread (ROIC-NNEP)	10.39%	6.97%	10.94%	21.26%	17.89%	7.65%	27.02%	27.42%	13.13%	15.81%	14.05%
Return on Net Nonoperating Assets (RNNOA)	0.71%	1.95%	5.18%	7.37%	5.03%	0.30%	-4.21%	-3.60%	-2.66%	-3.59%	-2.80%
Return on Equity (ROE)	16.33%	11.91%	8.50%	16.79%	17.75%	23.25%	21.49%	19.79%	15.28%	17.88%	16.90%
Cash Return on Invested Capital (CROIC)	-43.35%	-23.29%	-9.52%	12.34%	-5.82%	53.03%	-6.72%	6.37%	13.41%	-4.84%	-1.45%
Operating Return on Assets (OROA)	14.99%	10.50%	4.11%	7.43%	7.44%	9.25%	9.82%	9.30%	6.86%	8.27%	8.67%
Return on Assets (ROA)	9.01%	6.04%	3.88%	8.10%	6.30%	6.98%	7.33%	7.13%	5.50%	6.75%	6.80%
Return on Common Equity (ROCE)	16.36%	11.86%	8.40%	16.50%	17.56%	23.21%	21.48%	19.77%	15.24%	17.84%	16.87%
Return on Equity Simple (ROE_SIMPLE)	13.09%	11.58%	8.29%	15.66%	17.07%	20.95%	19.37%	18.01%	14.07%	16.25%	0.00%
Net Operating Profit after Tax (NOPAT)	57	57	24	70	103	176	200	231	196	277	321
NOPAT Margin	4.26%	3.42%	1.47%	3.98%	5.04%	7.31%	7.60%	7.62%	5.27%	6.50%	6.35%
Net Nonoperating Expense Percent (NNEP)	5.24%	2.99%	-7.62%	-11.84%	-5.17%	15.30%	-1.31%	-4.04%	4.81%	5.66%	5.64%
Return On Investment Capital (ROIC_SIMPLE)	10.85%	7.60%	2.85%	8.16%	10.42%	18.82%	16.94%	16.45%	11.93%	13.95%	13.52%
Cost of Revenue to Revenue	79.57%	81.08%	82.18%	80.83%	79.58%	77.63%	76.88%	77.82%	78.87%	79.26%	79.46%
SG&A Expenses to Revenue	4.78%	4.18%	4.64%	5.16%	5.44%	5.40%	5.78%	5.25%	7.05%	5.28%	5.33%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	13.49%	13.37%	15.12%	14.33%	14.08%	13.08%	13.21%	12.37%	14.29%	12.33%	12.13%
Earnings before Interest and Taxes (EBIT)	93	92	43	85	132	227	265	293	262	366	439
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	122	131	86	131	184	282	322	356	335	451	544
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.44	2.23	2.11	3.15	3.65	4.79	4.51	4.19	4.24	4.14	4.52
Price to Tangible Book Value (P/TBV)	3.24	3.05	2.94	3.67	4.02	5.17	4.83	4.49	4.49	4.40	4.74
Price to Revenue (P/Rev)	0.78	0.62	0.65	1.06	1.17	1.63	1.75	1.73	1.70	1.79	2.00
Price to Earnings (P/E)	18.83	20.40	25.64	20.18	21.59	22.97	23.66	23.26	30.19	25.55	29.34
Dividend Yield	0.75%	0.81%	0.85%	0.51%	0.43%	0.28%	0.26%	0.24%	0.21%	0.18%	0.14%
Earnings Yield	5.31%	4.90%	3.90%	4.96%	4.63%	4.35%	4.23%	4.30%	3.31%	3.91%	3.41%
Enterprise Value to Invested Capital (EV/IC)	2.32	1.87	1.75	2.86	3.00	5.81	4.97	4.72	5.31	4.96	5.36
Enterprise Value to Revenue (EV/Rev)	0.82	0.75	0.82	1.19	1.30	1.57	1.71	1.67	1.60	1.70	1.91
Enterprise Value to EBITDA (EV/EBITDA)	9.03	9.43	15.20	15.96	14.35	13.39	13.95	14.17	17.76	16.05	17.75
Enterprise Value to EBIT (EV/EBIT)	11.81	13.48	30.45	24.61	20.02	16.66	16.94	17.24	22.74	19.79	22.01
Enterprise Value to NOPAT (EV/NOPAT)	19.24	21.89	55.93	29.90	25.74	21.52	22.48	21.89	30.29	26.12	30.07
Enterprise Value to Operating Cash Flow (EV/OCF)	32.95	16.76	16.53	9.94	13.73	10.13	16.27	18.53	15.80	20.84	17.12
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	22.82	0.00	9.31	0.00	80.39	40.54	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.23	0.62	0.65	0.42	0.50	0.14	0.15	0.12	0.10	0.08	0.06
Long-Term Debt to Equity	0.23	0.60	0.63	0.41	0.50	0.14	0.15	0.12	0.10	0.08	0.06
Financial Leverage	0.07	0.28	0.47	0.35	0.28	0.04	-0.16	-0.13	-0.20	-0.23	-0.20
Leverage Ratio	1.81	1.97	2.19	2.07	2.82	3.33	2.93	2.78	2.78	2.65	2.49
Compound Leverage Factor	1.77	1.84	1.58	1.75	2.48	3.19	2.86	2.74	2.90	2.80	2.58
Debt to Total Capital	18.93%	38.11%	39.39%	29.72%	33.32%	12.37%	13.29%	10.92%	9.08%	7.33%	5.96%
Short-Term Debt to Total Capital	0.12%	1.09%	1.20%	1.18%	0.27%	0.32%	0.32%	0.28%	0.24%	0.21%	0.18%
Long-Term Debt to Total Capital	18.81%	37.02%	38.19%	28.54%	33.05%	12.05%	12.97%	10.65%	8.84%	7.13%	5.79%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-0.06%	0.54%	0.93%	1.33%	0.20%	0.02%	0.08%	0.10%	0.33%	0.17%	0.13%
Common Equity to Total Capital	81.14%	61.34%	59.68%	68.95%	66.48%	87.61%	86.63%	88.97%	90.59%	92.50%	93.90%
Debt to EBITDA	0.82	2.16	3.76	1.94	1.78	0.41	0.49	0.43	0.45	0.32	0.26
Net Debt to EBITDA	0.46	1.63	3.12	1.64	1.36	-0.48	-0.37	-0.50	-1.13	-0.85	-0.79
Long-Term Debt to EBITDA	0.81	2.10	3.64	1.87	1.77	0.40	0.48	0.42	0.43	0.31	0.25
Debt to NOPAT	1.74	5.01	13.82	3.64	3.20	0.66	0.78	0.66	0.76	0.53	0.44
Net Debt to NOPAT	0.98	3.79	11.47	3.07	2.45	-0.77	-0.60	-0.77	-1.92	-1.38	-1.34
Long-Term Debt to NOPAT	1.73	4.87	13.40	3.50	3.17	0.64	0.77	0.65	0.74	0.51	0.43
Altman Z-Score	4.68	3.56	3.10	4.14	2.15	2.91	3.15	3.03	2.99	3.32	3.60
Noncontrolling Interest Sharing Ratio	-0.20%	0.42%	1.22%	1.73%	1.06%	0.14%	0.06%	0.11%	0.25%	0.26%	0.16%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.55	1.58	1.63	1.29	1.20	1.04	1.22	1.34	1.42	1.56	1.42
Quick Ratio	1.40	1.48	1.42	1.08	1.12	0.99	1.16	1.27	1.38	1.48	1.35
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-159	-132	-67	92	-47	406	-52	63	147	-62	-24
Operating Cash Flow to CapEx	55.61%	113.14%	154.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-56.05	-18.53	-4.95	6.03	-3.00	43.38	-7.62	7.03	18.15	-7.53	-2.95
Operating Cash Flow to Interest Expense	11.80	10.35	5.84	13.85	12.27	39.88	40.25	30.51	46.58	41.90	70.64
Operating Cash Flow Less CapEx to Interest Expense	-9.42	1.20	2.06	14.17	12.75	39.92	40.52	31.48	46.61	42.24	70.64
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.16	1.89	1.52	1.54	1.15	0.98	0.97	0.96	0.98	0.96	1.00
Accounts Receivable Turnover	7.91	7.30	6.27	6.79	7.26	7.83	8.29	8.21	8.35	8.08	8.38
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	5.97	4.22	3.13	3.06	2.96	3.11	3.15	3.22	3.58	3.58	3.39
Accounts Payable Turnover	30.85	35.77	33.66	35.96	38.21	38.91	37.06	34.83	34.62	35.22	40.95
Days Sales Outstanding (DSO)	46.12	50.01	58.18	53.77	50.26	46.64	44.02	44.47	43.72	45.19	43.55
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	11.83	10.20	10.84	10.15	9.55	9.38	9.85	10.48	10.54	10.36	8.91
Cash Conversion Cycle (CCC)	34.29	39.80	47.33	43.62	40.71	37.26	34.17	33.99	33.18	34.83	34.63
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	473	662	753	731	881	651	902	1,070	1,120	1,459	1,804
Invested Capital Turnover	3.67	2.91	2.26	2.36	2.53	3.14	3.38	3.07	3.41	3.30	3.10
Increase / (Decrease) in Invested Capital	216	189	91	-22	149	-230	252	168	50	339	345
Enterprise Value (EV)	1,100	1,238	1,315	2,090	2,639	3,782	4,487	5,050	5,951	7,234	9,663
Market Capitalization	1,044	1,020	1,038	1,864	2,386	3,916	4,605	5,227	6,323	7,612	10,090
Book Value per Share	$16.66	$9.01	$9.62	$11.29	$12.26	$15.08	$18.47	$22.48	$26.43	$32.06	$38.53
Tangible Book Value per Share	$12.57	$6.60	$6.90	$9.71	$11.12	$13.96	$17.26	$20.98	$24.95	$30.23	$36.73
Total Capital	527	744	825	857	984	934	1,178	1,402	1,647	1,986	2,377
Total Debt	100	284	325	255	328	116	157	153	149	146	142
Total Long-Term Debt	99	275	315	245	325	113	153	149	145	142	138
Net Debt	56	214	270	215	251	-135	-119	-179	-377	-381	-431
Capital Expenditures (CapEx)	60	65	51	-4.77	-7.41	-0.41	-1.85	-8.63	-0.25	-2.82	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	57	61	97	49	-6.32	-226	-156	-129	-211	-109	-190
Debt-free Net Working Capital (DFNWC)	100	130	152	89	71	24	120	203	316	418	382
Net Working Capital (NWC)	100	122	142	79	68	21	117	199	312	414	378
Net Nonoperating Expense (NNE)	1.22	3.71	-17	-23	-9.14	4.37	1.89	6.01	-13	-21	-23
Net Nonoperating Obligations (NNO)	46	202	253	129	225	-168	-119	-179	-377	-381	-431
Total Depreciation and Amortization (D&A)	29	40	43	46	52	55	57	63	73	85	105
Debt-free, Cash-free Net Working Capital to Revenue	4.23%	3.67%	6.05%	2.81%	-0.31%	-9.43%	-5.92%	-4.26%	-5.65%	-2.55%	-3.76%
Debt-free Net Working Capital to Revenue	7.48%	7.86%	9.52%	5.07%	3.47%	0.98%	4.58%	6.71%	8.48%	9.82%	7.56%
Net Working Capital to Revenue	7.43%	7.37%	8.90%	4.49%	3.33%	0.86%	4.44%	6.58%	8.37%	9.72%	7.47%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.10	$0.99	$0.79	$1.78	$2.07	$3.19	$3.57	$4.09	$3.76	$5.26	$6.00
Adjusted Weighted Average Basic Shares Outstanding	50.32M	50.56M	50.93M	52.02M	53.45M	53.43M	54.49M	54.89M	55.71M	56.66M	57.31M
Adjusted Diluted Earnings per Share	$1.06	$0.96	$0.77	$1.70	$1.97	$3.06	$3.42	$3.95	$3.65	$5.12	$5.84
Adjusted Weighted Average Diluted Shares Outstanding	52.21M	52.13M	52.83M	54.40M	55.98M	55.79M	56.93M	56.87M	57.32M	58.24M	58.87M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	50.72M	50.90M	51.48M	52.70M	53.53M	54.70M	55.09M	55.73M	56.67M	57.46M	58.11M
Normalized Net Operating Profit after Tax (NOPAT)	57	50	31	69	103	176	200	231	196	277	321
Normalized NOPAT Margin	4.26%	3.00%	1.92%	3.91%	5.04%	7.31%	7.60%	7.62%	5.27%	6.50%	6.35%
Pre Tax Income Margin	6.79%	5.19%	1.95%	4.09%	5.70%	9.06%	9.82%	9.56%	7.31%	9.06%	9.01%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	32.91	12.87	3.17	5.59	8.42	24.24	38.67	32.81	32.35	44.13	54.97
NOPAT to Interest Expense	20.20	7.93	1.73	4.60	6.55	18.77	29.14	25.83	24.29	33.43	40.23
EBIT Less CapEx to Interest Expense	11.70	3.72	-0.61	5.91	8.89	24.29	38.94	33.77	32.38	44.47	54.97
NOPAT Less CapEx to Interest Expense	-1.02	-1.23	-2.05	4.92	7.02	18.82	29.42	26.79	24.32	33.77	40.23
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	13.40%	15.47%	21.55%	10.54%	9.62%	7.89%	7.31%	5.54%	6.14%	4.76%	4.19%
Augmented Payout Ratio	13.40%	72.24%	39.40%	10.54%	15.35%	22.47%	12.43%	18.84%	6.14%	4.76%	10.00%

This table displays calculated financial ratios and metrics derived from The Ensign Group's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	58,112,780.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	58,112,780.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.72
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.18%	21.10%	13.91%	12.48%	14.99%	15.49%	16.12%	18.48%	19.84%	20.17%	18.43%
EBITDA Growth	7.44%	-53.76%	13.99%	10.65%	17.75%	175.54%	20.15%	25.44%	12.60%	24.84%	21.27%
EBIT Growth	5.70%	-69.29%	13.86%	9.41%	18.12%	310.82%	19.54%	25.42%	10.00%	25.29%	21.86%
NOPAT Growth	7.89%	-72.90%	10.46%	7.95%	14.34%	377.23%	20.78%	17.51%	6.47%	19.65%	26.75%
Net Income Growth	13.74%	-63.94%	14.99%	11.06%	22.82%	265.44%	16.52%	18.66%	6.80%	19.79%	24.15%
EPS Growth	12.12%	-65.09%	13.33%	8.93%	20.72%	270.27%	15.13%	18.03%	5.97%	17.52%	21.90%
Operating Cash Flow Growth	33.28%	69.94%	-26.96%	-35.75%	9.05%	17.81%	104.52%	102.41%	13.77%	82.49%	38.68%
Free Cash Flow Firm Growth	-352.70%	69.07%	88.74%	-16.04%	39.48%	-680.41%	-2,457.05%	-160.07%	-188.19%	3.54%	80.37%
Invested Capital Growth	30.88%	4.64%	7.18%	18.51%	17.24%	30.30%	43.52%	33.39%	32.63%	23.64%	10.68%
Revenue Q/Q Growth	2.11%	4.21%	3.04%	2.59%	4.39%	4.67%	3.60%	4.67%	5.59%	4.95%	2.10%
EBITDA Q/Q Growth	0.13%	-56.55%	163.13%	-3.33%	6.55%	1.67%	8.09%	7.14%	-4.36%	18.95%	-0.50%
EBIT Q/Q Growth	-0.91%	-70.98%	300.34%	-4.96%	6.98%	0.93%	8.28%	7.28%	-6.18%	22.87%	-1.47%
NOPAT Q/Q Growth	1.03%	-74.40%	297.39%	5.04%	7.02%	6.83%	0.57%	2.20%	-3.03%	20.06%	6.53%
Net Income Q/Q Growth	-0.19%	-65.88%	216.00%	3.22%	10.38%	1.51%	0.76%	5.12%	-0.66%	13.85%	4.42%
EPS Q/Q Growth	-0.89%	-66.67%	221.62%	2.52%	9.84%	2.24%	0.00%	5.11%	-1.39%	13.38%	3.73%
Operating Cash Flow Q/Q Growth	2.99%	-30.85%	-58.59%	117.88%	74.79%	-25.30%	-28.11%	115.63%	-1.75%	19.82%	-45.37%
Free Cash Flow Firm Q/Q Growth	-72.12%	83.52%	48.05%	-687.34%	10.24%	-112.55%	-70.23%	19.92%	0.53%	28.86%	65.35%
Invested Capital Q/Q Growth	2.43%	-1.03%	7.66%	8.58%	1.33%	10.00%	18.58%	0.92%	0.75%	2.55%	6.16%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	21.23%	20.32%	20.88%	20.84%	20.50%	20.75%	20.90%	20.85%	19.42%	21.01%	21.12%
EBITDA Margin	10.37%	4.32%	11.04%	10.40%	10.62%	10.31%	10.76%	11.01%	9.97%	11.30%	11.02%
Operating Margin	8.48%	2.33%	8.14%	8.30%	8.26%	8.90%	8.64%	8.46%	7.42%	9.10%	8.99%
EBIT Margin	8.38%	2.33%	9.06%	8.40%	8.61%	8.30%	8.67%	8.89%	7.90%	9.25%	8.92%
Profit (Net Income) Margin	6.80%	2.23%	6.83%	6.87%	7.26%	7.04%	6.85%	6.88%	6.47%	7.02%	7.18%
Tax Burden Percent	77.97%	69.76%	76.97%	77.32%	79.62%	75.41%	75.39%	75.18%	78.72%	73.44%	77.59%
Interest Burden Percent	104.10%	136.78%	97.86%	105.80%	106.00%	112.56%	104.76%	102.95%	104.10%	103.39%	103.71%
Effective Tax Rate	22.03%	30.24%	23.03%	22.68%	20.38%	24.59%	24.61%	24.82%	21.28%	26.56%	22.41%
Return on Invested Capital (ROIC)	23.58%	5.53%	20.71%	21.09%	21.98%	22.17%	19.63%	19.22%	18.29%	20.71%	20.18%
ROIC Less NNEP Spread (ROIC-NNEP)	23.04%	3.41%	18.73%	19.62%	20.02%	21.18%	18.27%	17.19%	16.21%	19.58%	19.29%
Return on Net Nonoperating Assets (RNNOA)	-5.67%	-0.69%	-3.69%	-4.12%	-4.72%	-4.81%	-3.00%	-2.93%	-3.30%	-3.90%	-2.94%
Return on Equity (ROE)	17.91%	4.84%	17.02%	16.96%	17.26%	17.36%	16.63%	16.28%	14.99%	16.81%	17.24%
Cash Return on Invested Capital (CROIC)	-2.72%	13.41%	10.44%	0.24%	1.74%	-4.84%	-15.98%	-8.86%	-8.19%	-1.45%	8.60%
Operating Return on Assets (OROA)	8.11%	2.28%	8.55%	7.94%	8.12%	7.99%	8.46%	8.76%	7.74%	9.23%	9.08%
Return on Assets (ROA)	6.59%	2.18%	6.44%	6.50%	6.85%	6.78%	6.68%	6.78%	6.34%	7.01%	7.30%
Return on Common Equity (ROCE)	17.86%	4.83%	16.98%	16.90%	17.21%	17.31%	16.59%	16.24%	14.96%	16.79%	17.21%
Return on Equity Simple (ROE_SIMPLE)	17.03%	0.00%	13.87%	13.63%	13.77%	0.00%	16.08%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	62	16	63	66	71	76	76	78	76	91	97
NOPAT Margin	6.61%	1.62%	6.26%	6.41%	6.58%	6.71%	6.52%	6.36%	5.84%	6.68%	6.97%
Net Nonoperating Expense Percent (NNEP)	0.54%	2.12%	1.98%	1.47%	1.96%	0.99%	1.36%	2.02%	2.07%	1.13%	0.88%
Return On Investment Capital (ROIC_SIMPLE)	3.85%	0.97%	3.65%	3.67%	3.75%	3.83%	3.68%	3.61%	3.34%	3.83%	3.86%
Cost of Revenue to Revenue	78.77%	79.68%	79.12%	79.16%	79.50%	79.25%	79.10%	79.15%	80.58%	78.99%	78.88%
SG&A Expenses to Revenue	5.43%	10.87%	5.66%	5.42%	5.19%	4.91%	5.33%	5.63%	5.20%	5.20%	5.34%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.75%	17.99%	12.74%	12.54%	12.24%	11.85%	12.26%	12.39%	12.00%	11.91%	12.13%
Earnings before Interest and Taxes (EBIT)	79	23	92	87	93	94	102	109	102	126	124
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	98	42	111	108	115	117	126	135	129	154	153
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.57	4.24	4.45	4.24	4.70	4.14	3.86	4.39	4.70	4.52	4.95
Price to Tangible Book Value (P/TBV)	3.79	4.49	4.69	4.47	4.94	4.40	4.10	4.63	4.95	4.74	5.18
Price to Revenue (P/Rev)	1.46	1.70	1.82	1.77	2.00	1.79	1.68	1.92	2.06	2.00	2.22
Price to Earnings (P/E)	20.99	30.19	32.12	31.21	34.21	25.55	24.03	27.46	30.37	29.34	32.23
Dividend Yield	0.25%	0.21%	0.19%	0.19%	0.17%	0.18%	0.19%	0.16%	0.14%	0.14%	0.13%
Earnings Yield	4.76%	3.31%	3.11%	3.20%	2.92%	3.91%	4.16%	3.64%	3.29%	3.41%	3.10%
Enterprise Value to Invested Capital (EV/IC)	4.31	5.31	5.51	5.11	5.87	4.96	4.18	4.92	5.46	5.36	5.88
Enterprise Value to Revenue (EV/Rev)	1.37	1.60	1.72	1.69	1.90	1.70	1.64	1.86	1.99	1.91	2.13
Enterprise Value to EBITDA (EV/EBITDA)	12.70	17.76	19.04	18.62	20.69	16.05	15.34	17.21	18.70	17.75	19.71
Enterprise Value to EBIT (EV/EBIT)	15.59	22.74	24.35	23.86	26.45	19.79	18.94	21.25	23.23	22.01	24.40
Enterprise Value to NOPAT (EV/NOPAT)	20.36	30.29	32.81	32.24	36.00	26.12	24.95	28.48	31.36	30.07	32.95
Enterprise Value to Operating Cash Flow (EV/OCF)	14.29	15.80	18.27	20.84	23.46	20.84	18.85	18.57	19.96	17.12	19.01
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	40.54	54.60	2,296.93	364.57	0.00	0.00	0.00	0.00	0.00	71.79
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.10	0.10	0.09	0.09	0.08	0.08	0.08	0.07	0.07	0.06	0.06
Long-Term Debt to Equity	0.10	0.10	0.09	0.09	0.08	0.08	0.07	0.07	0.07	0.06	0.06
Financial Leverage	-0.25	-0.20	-0.20	-0.21	-0.24	-0.23	-0.16	-0.17	-0.20	-0.20	-0.15
Leverage Ratio	2.78	2.78	2.81	2.74	2.71	2.65	2.58	2.54	2.54	2.49	2.41
Compound Leverage Factor	2.89	3.80	2.75	2.90	2.87	2.98	2.70	2.62	2.65	2.57	2.50
Debt to Total Capital	9.31%	9.08%	8.57%	8.15%	7.73%	7.33%	6.97%	6.64%	6.30%	5.96%	5.61%
Short-Term Debt to Total Capital	0.24%	0.24%	0.23%	0.22%	0.21%	0.21%	0.20%	0.19%	0.19%	0.18%	0.17%
Long-Term Debt to Total Capital	9.06%	8.84%	8.34%	7.93%	7.51%	7.13%	6.78%	6.45%	6.12%	5.79%	5.44%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.35%	0.33%	0.32%	0.32%	0.19%	0.17%	0.16%	0.15%	0.15%	0.13%	0.14%
Common Equity to Total Capital	90.34%	90.59%	91.10%	91.53%	92.08%	92.50%	92.86%	93.21%	93.55%	93.90%	94.26%
Debt to EBITDA	0.39	0.45	0.43	0.41	0.39	0.32	0.31	0.29	0.28	0.26	0.25
Net Debt to EBITDA	-0.87	-1.13	-1.08	-0.99	-1.13	-0.85	-0.42	-0.55	-0.71	-0.79	-0.80
Long-Term Debt to EBITDA	0.38	0.43	0.41	0.40	0.38	0.31	0.30	0.28	0.27	0.25	0.24
Debt to NOPAT	0.63	0.76	0.73	0.71	0.68	0.53	0.50	0.48	0.47	0.44	0.41
Net Debt to NOPAT	-1.39	-1.92	-1.87	-1.71	-1.96	-1.38	-0.69	-0.91	-1.19	-1.34	-1.33
Long-Term Debt to NOPAT	0.61	0.74	0.71	0.69	0.66	0.51	0.48	0.46	0.45	0.43	0.40
Altman Z-Score	2.61	2.80	3.01	2.99	3.18	3.13	3.09	3.36	3.45	3.41	3.74
Noncontrolling Interest Sharing Ratio	0.28%	0.25%	0.25%	0.37%	0.29%	0.26%	0.25%	0.25%	0.18%	0.16%	0.16%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.48	1.42	1.53	1.53	1.56	1.56	1.40	1.41	1.46	1.42	1.56
Quick Ratio	1.42	1.38	1.47	1.43	1.46	1.48	1.32	1.32	1.36	1.35	1.48
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-205	-34	-18	-138	-124	-263	-448	-359	-357	-254	-88
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-101.15	-16.84	-8.93	-67.66	-61.21	-116.63	-220.07	-177.27	-181.16	-129.93	-45.56
Operating Cash Flow to Interest Expense	60.93	42.55	17.98	37.71	66.44	44.49	35.45	76.90	77.63	93.77	51.84
Operating Cash Flow Less CapEx to Interest Expense	60.94	42.65	17.98	37.71	66.85	44.49	35.45	76.90	77.63	93.77	51.84
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.97	0.98	0.94	0.95	0.94	0.96	0.98	0.99	0.98	1.00	1.02
Accounts Receivable Turnover	8.62	8.35	8.00	7.99	8.01	8.08	8.02	8.20	8.28	8.38	8.46
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	3.50	3.58	3.66	3.63	3.60	3.58	3.45	3.40	3.43	3.39	3.32
Accounts Payable Turnover	39.74	34.62	37.10	37.66	38.97	35.22	39.40	38.20	39.19	40.95	39.60
Days Sales Outstanding (DSO)	42.37	43.72	45.65	45.68	45.58	45.19	45.53	44.50	44.09	43.55	43.16
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	9.18	10.54	9.84	9.69	9.37	10.36	9.26	9.55	9.31	8.91	9.22
Cash Conversion Cycle (CCC)	33.18	33.18	35.81	35.99	36.22	34.83	36.26	34.94	34.78	34.63	33.94
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,132	1,120	1,206	1,309	1,327	1,459	1,730	1,746	1,759	1,804	1,915
Invested Capital Turnover	3.57	3.41	3.31	3.29	3.34	3.30	3.01	3.02	3.13	3.10	2.89
Increase / (Decrease) in Invested Capital	267	50	81	205	195	339	525	437	433	345	185
Enterprise Value (EV)	4,882	5,951	6,642	6,686	7,789	7,234	7,238	8,594	9,609	9,663	11,259
Market Capitalization	5,210	6,323	7,014	7,035	8,210	7,612	7,435	8,866	9,969	10,090	11,710
Book Value per Share	$25.97	$26.43	$28.01	$29.12	$30.59	$32.06	$33.54	$35.09	$36.73	$38.53	$40.72
Tangible Book Value per Share	$24.49	$24.95	$26.52	$27.64	$29.12	$30.23	$31.56	$33.28	$34.92	$36.73	$38.92
Total Capital	1,616	1,647	1,732	1,811	1,898	1,986	2,075	2,165	2,266	2,377	2,510
Total Debt	150	149	149	148	147	146	145	144	143	142	141
Total Long-Term Debt	146	145	145	144	143	142	141	140	139	138	136
Net Debt	-334	-377	-378	-354	-424	-381	-200	-275	-364	-431	-454
Capital Expenditures (CapEx)	-0.03	-0.20	0.00	0.00	-0.82	-0.01	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-158	-211	-144	-113	-139	-109	-59	-103	-121	-190	-119
Debt-free Net Working Capital (DFNWC)	326	316	382	388	432	418	285	316	386	382	476
Net Working Capital (NWC)	323	312	378	384	428	414	281	312	381	378	472
Net Nonoperating Expense (NNE)	-1.76	-5.90	-5.68	-4.71	-7.43	-3.76	-3.93	-6.36	-8.17	-4.61	-2.89
Net Nonoperating Obligations (NNO)	-334	-377	-378	-354	-424	-381	-200	-275	-364	-431	-454
Total Depreciation and Amortization (D&A)	19	19	20	21	22	23	24	26	27	28	29
Debt-free, Cash-free Net Working Capital to Revenue	-4.44%	-5.65%	-3.73%	-2.85%	-3.38%	-2.55%	-1.34%	-2.22%	-2.50%	-3.76%	-2.25%
Debt-free Net Working Capital to Revenue	9.17%	8.48%	9.93%	9.79%	10.52%	9.82%	6.45%	6.84%	7.98%	7.56%	9.03%
Net Working Capital to Revenue	9.06%	8.37%	9.82%	9.69%	10.42%	9.72%	6.36%	6.75%	7.90%	7.47%	8.95%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.14	$0.39	$1.22	$1.26	$1.38	$1.40	$1.41	$1.48	$1.46	$1.65	$1.73
Adjusted Weighted Average Basic Shares Outstanding	55.83M	55.71M	56.34M	56.54M	56.78M	56.66M	57.10M	57.16M	57.38M	57.31M	57.77M
Adjusted Diluted Earnings per Share	$1.11	$0.37	$1.19	$1.22	$1.34	$1.37	$1.37	$1.44	$1.42	$1.61	$1.67
Adjusted Weighted Average Diluted Shares Outstanding	57.34M	57.32M	57.92M	58.01M	58.44M	58.24M	58.50M	58.60M	58.96M	58.87M	59.57M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	56.45M	56.67M	56.92M	57.11M	57.30M	57.46M	57.49M	57.70M	57.92M	58.11M	58.45M
Normalized Net Operating Profit after Tax (NOPAT)	62	16	63	66	71	76	76	78	76	91	97
Normalized NOPAT Margin	6.61%	1.62%	6.26%	6.41%	6.58%	6.71%	6.52%	6.36%	5.84%	6.68%	6.97%
Pre Tax Income Margin	8.72%	3.19%	8.87%	8.88%	9.12%	9.34%	9.09%	9.15%	8.22%	9.56%	9.26%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	38.94	11.41	46.62	42.66	45.99	41.61	49.94	53.90	51.95	64.36	64.17
NOPAT to Interest Expense	30.74	7.95	32.22	32.58	35.15	33.66	37.52	38.57	38.43	46.51	50.14
EBIT Less CapEx to Interest Expense	38.95	11.51	46.62	42.66	46.40	41.62	49.94	53.90	51.95	64.36	64.17
NOPAT Less CapEx to Interest Expense	30.75	8.05	32.22	32.58	35.55	33.66	37.52	38.57	38.43	46.51	50.14
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	5.22%	6.14%	6.11%	6.00%	5.72%	4.76%	4.56%	4.43%	4.41%	4.19%	4.01%
Augmented Payout Ratio	5.22%	6.14%	6.11%	6.00%	5.72%	4.76%	8.04%	10.62%	10.50%	10.00%	6.55%

Financials Breakdown Chart

Key Financial Trends

Here are the key trends for Ensign Group (ENSG) based on quarterly statements over the last four years. The insights focus on revenue, profitability, cash flow, and balance sheet evolution to help focused retail investors gauge growth, efficiency, and liquidity dynamics.

Revenue growth momentum in 2025: Operating revenue rose through 2025, from about 1.17B in Q1 2025 to 1.36B in Q4 2025, indicating ongoing expansion and higher capacity utilization.
Improving bottom-line in Q4 2025: Net income attributable to common shareholders reached about 95.5M in Q4 2025, up from roughly 80–84M in the prior 2025 quarters and higher than 2024 levels, signaling stronger quarterly profitability.
Operating cash flow trending higher: Net cash from continuing operating activities was about 183.3M in Q4 2025 (versus 153.0M in Q3 2025 and 72.2M in Q1 2025), showing improving cash generation from core operations.
EPS expansion in Q4 2025: Diluted earnings per share rose to 1.61 in Q4 2025, up from 1.42 in Q3 2025 and 1.37 in Q4 2024, reflecting improving profitability on a per-share basis.
Asset growth and leverage tweaks: Total assets expanded to about 5.23B by Q3 2025 from about 4.76B earlier in 2025, signaling capacity growth. Long-term debt remained modest and slightly declined (around 139M in mid-2025), suggesting manageable leverage.
Steady dividend policy: The quarterly dividend per share remained at 0.0625 across recent periods, indicating a stable capital return policy even as growth investments continue.
Gross margin under pressure in 2025: Gross margin cooled to roughly 21% in 2025 (vs about 26% in select 2024 quarters), suggesting margin compression despite higher revenue growth.
Heavy investing activity impacting near-term cash: Net cash from investing activities was heavily negative in Q4 2025 (-123.94M), reflecting ongoing acquisitions and capital deployment that weigh on near-term liquidity.
Financing activity draw on cash: Net cash from financing activities in Q4 2025 was effectively negative, indicating cash outflows related to financing that could pressure liquidity if operating cash flow slows.
Rising operating costs as a share of revenue: SG&A and other operating expenses rose in 2025 (e.g., SG&A around 70.8M in Q4 2025 vs 56.1M in Q4 2024), pointing to cost growth that could pressure margins if top-line growth slows.

05/07/26 12:53 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About The Ensign Group's Financials

When does The Ensign Group's fiscal year end?

According to the most recent income statement we have on file, The Ensign Group's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has The Ensign Group's net income changed over the last 10 years?

The Ensign Group's net income appears to be on an upward trend, with a most recent value of $344.26 million in 2025, rising from $55.92 million in 2015. The previous period was $298.46 million in 2024. See The Ensign Group's forecast for analyst expectations on whatâ€™s next for the company.

What is The Ensign Group's operating income?

The Ensign Group's total operating income in 2025 was $425.31 million, based on the following breakdown:

Total Gross Profit: $1.04 billion
Total Operating Expenses: $613.46 million

How has The Ensign Group's revenue changed over the last 10 years?

Over the last 10 years, The Ensign Group's total revenue changed from $1.34 billion in 2015 to $5.06 billion in 2025, a change of 276.9%.

How much debt does The Ensign Group have?

The Ensign Group's total liabilities were at $3.23 billion at the end of 2025, a 14.1% increase from 2024, and a 906.4% increase since 2015.

How much cash does The Ensign Group have?

In the past 10 years, The Ensign Group's cash and equivalents has ranged from $31.04 million in 2018 to $509.63 million in 2023, and is currently $503.88 million as of their latest financial filing in 2025.

How has The Ensign Group's book value per share changed over the last 10 years?

Over the last 10 years, The Ensign Group's book value per share changed from 16.66 in 2015 to 38.53 in 2025, a change of 131.3%.

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Financial statements for NASDAQ:ENSG last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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The Ensign Group (ENSG) Financials

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