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

The Ensign Group (ENSG) Financials

$178.07 +5.08 (+2.94%)

Closing price 04:00 PM Eastern

Extended Trading

$181.00 +2.93 (+1.65%)

As of 07:46 PM Eastern

Compare

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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	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	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	22	69	71	78	80	80	84	84	95	100	100
Consolidated Net Income / (Loss)	22	69	71	79	80	80	84	84	96	100	100
Net Income / (Loss) Continuing Operations	22	69	71	79	80	80	84	84	96	100	100
Total Pre-Tax Income	31	90	92	99	106	107	112	107	130	129	134
Total Operating Income	23	82	86	89	101	101	104	96	124	125	123
Total Gross Profit	199	211	216	222	235	245	256	252	286	293	306
Total Revenue	980	1,010	1,036	1,082	1,132	1,173	1,228	1,296	1,361	1,389	1,440
Operating Revenue	980	1,010	1,036	1,082	1,132	1,173	1,228	1,296	1,361	1,389	1,440
Total Cost of Revenue	781	799	820	860	897	928	972	1,045	1,075	1,096	1,134
Operating Cost of Revenue	781	799	820	860	897	928	972	1,045	1,075	1,096	1,134
Total Operating Expenses	176	129	130	132	134	144	152	156	162	169	184
Selling, General & Admin Expense	107	57	56	56	56	63	69	67	71	74	86
Depreciation Expense	19	20	20	21	23	24	26	27	28	29	31
Other Operating Expenses / (Income)	51	52	53	55	56	57	57	62	64	66	66
Total Other Income / (Expense), net	8.46	7.38	6.09	9.34	4.98	5.21	8.46	10	6.27	3.72	11
Interest Expense	2.00	1.96	2.04	2.02	2.26	2.04	2.03	1.97	1.96	1.93	1.93
Interest & Investment Income	-	6.46	7.08	7.61	-	6.88	5.24	6.17	6.22	6.54	4.63
Other Income / (Expense), net	0.05	2.88	1.05	3.75	-6.82	0.36	5.24	6.19	2.01	-0.89	8.47
Income Tax Expense	9.46	21	21	20	26	26	28	23	35	29	34
Net Income / (Loss) Attributable to Noncontrolling Interest	0.13	0.13	0.17	0.12	0.06	0.08	0.07	0.07	0.08	0.09	0.10
Basic Earnings per Share	$0.39	$1.22	$1.26	$1.38	$1.40	$1.41	$1.48	$1.46	$1.65	$1.73	$1.72
Weighted Average Basic Shares Outstanding	55.71M	56.34M	56.54M	56.78M	56.66M	57.10M	57.16M	57.38M	57.31M	57.77M	57.96M
Diluted Earnings per Share	$0.37	$1.19	$1.22	$1.34	$1.37	$1.37	$1.44	$1.42	$1.61	$1.67	$1.68
Weighted Average Diluted Shares Outstanding	57.32M	57.92M	58.01M	58.44M	58.24M	58.50M	58.60M	58.96M	58.87M	59.57M	59.48M
Weighted Average Basic & Diluted Shares Outstanding	56.67M	56.92M	57.11M	57.30M	57.46M	57.49M	57.70M	57.92M	58.11M	58.45M	58.28M

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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	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	6/30/2026
Net Change in Cash & Equivalents	42	2.21	-35	55	-67	-182	81	80	60	36	-277
Net Cash From Operating Activities	85	35	77	134	100	72	156	153	183	100	172
Net Cash From Continuing Operating Activities	85	35	77	134	100	72	156	153	183	100	172
Net Income / (Loss) Continuing Operations	22	69	71	79	80	80	84	84	96	100	100
Consolidated Net Income / (Loss)	22	69	71	79	80	80	84	84	96	100	100
Depreciation Expense	19	20	20	21	23	24	26	27	28	29	31
Amortization Expense	0.27	0.27	0.27	0.27	0.27	0.27	0.26	0.26	0.26	0.26	0.26
Non-Cash Adjustments To Reconcile Net Income	57	11	6.00	10	11	11	9.21	12	13	16	17
Changes in Operating Assets and Liabilities, net	-13	-65	-21	24	-13	-44	36	30	47	-44	24
Net Cash From Investing Activities	-45	-35	-110	-79	-167	-244	-68	-77	-124	-71	-408
Net Cash From Continuing Investing Activities	-45	-35	-110	-79	-167	-244	-68	-77	-124	-71	-408
Acquisitions	-15	-2.92	-63	-21	-69	-194	-19	-27	-83	-29	-347
Purchase of Investments	-9.07	-13	-23	-17	-53	-26	-37	-29	-19	-37	-25
Sale and/or Maturity of Investments	6.75	10	8.98	3.29	3.84	18	35	29	17	30	15
Other Investing Activities, net	-28	-29	-35	-45	-48	-41	-47	-51	-39	-35	-51
Net Cash From Financing Activities	1.43	1.56	-1.53	-0.85	-1.34	-10	-6.31	4.01	0.83	6.65	-41
Net Cash From Continuing Financing Activities	1.43	1.56	-1.53	-0.85	-1.34	-10	-6.31	4.01	0.83	6.65	-41
Repayment of Debt	-1.12	-0.98	-0.98	-1.39	-1.00	-1.02	-1.02	-1.03	-1.96	-1.04	-1.08
Repurchase of Common Equity	-	0.00	-	-	-	-11	-9.23	-	-	0.00	-40
Payment of Dividends	-3.24	-3.67	-3.41	-3.42	-3.70	-3.59	-3.60	-3.61	-3.62	-3.78	-3.80
Other Financing Activities, net	5.64	6.21	2.87	3.57	3.37	5.04	7.53	8.64	6.41	11	3.43
Cash Interest Paid	1.74	1.73	1.76	1.79	1.79	1.77	1.80	1.65	1.69	1.66	1.66
Cash Income Taxes Paid	81	-	-	26	14	0.00	-	22	30	0.43	81

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	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	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	6/30/2026
Total Assets	3,862	3,952	4,082	4,308	4,437	4,629	4,760	4,930	5,226	5,612	5,749
Total Current Assets	830	928	994	1,088	1,115	1,197	986	1,067	1,207	1,320	1,071
Cash & Equivalents	327	420	468	512	477	532	283	364	444	539	262
Short-Term Investments	20	20	16	14	24	39	62	54	63	56	59
Accounts Receivable	444	446	472	519	547	554	584	578	613	663	669
Prepaid Expenses	39	42	38	42	48	46	58	71	88	62	82
Plant, Property, & Equipment, net	1,002	1,009	1,068	1,102	1,178	1,218	1,459	1,535	1,598	1,720	2,097
Total Noncurrent Assets	2,030	2,016	2,020	2,119	2,144	2,215	2,314	2,328	2,421	2,571	2,581
Goodwill	77	77	77	77	77	77	106	98	98	98	98
Intangible Assets	6.33	6.27	6.35	6.56	6.70	6.68	6.95	6.51	6.44	6.32	6.26
Noncurrent Deferred & Refundable Income Taxes	40	40	40	66	67	65	66	66	56	83	83
Other Noncurrent Operating Assets	1,907	1,893	1,897	1,968	1,994	2,065	2,135	2,157	2,261	2,384	2,394
Total Liabilities & Shareholders' Equity	3,862	3,952	4,082	4,308	4,437	4,629	4,760	4,930	5,226	5,612	5,749
Total Liabilities	2,542	2,559	2,617	2,725	2,774	2,878	2,830	2,909	3,104	3,242	3,304
Total Current Liabilities	585	619	672	710	731	769	705	756	825	848	885
Short-Term Debt	3.85	3.88	3.92	3.98	4.02	4.05	4.12	4.16	4.19	4.26	4.18
Accounts Payable	81	78	77	83	89	90	95	103	106	116	120
Accrued Expenses	111	121	148	180	165	169	154	135	160	203	171
Current Employee Benefit Liabilities	261	287	312	294	323	354	285	334	371	314	369
Other Current Liabilities	128	129	131	148	151	152	167	179	185	211	221
Total Noncurrent Liabilities	1,957	1,940	1,945	2,015	2,043	2,109	2,124	2,154	2,278	2,394	2,419
Long-Term Debt	148	147	146	145	144	143	141	140	139	136	136
Asset Retirement Reserve & Litigation Obligation	94	93	98	117	124	126	151	159	161	184	196
Noncurrent Deferred Revenue	38	42	43	52	56	63	66	63	76	86	98
Other Noncurrent Operating Liabilities	1,677	1,658	1,658	1,702	1,720	1,778	1,767	1,792	1,903	1,987	1,989
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	1,320	1,393	1,465	1,583	1,663	1,751	1,930	2,021	2,123	2,370	2,445
Total Preferred & Common Equity	1,318	1,388	1,460	1,578	1,657	1,747	1,927	2,018	2,119	2,366	2,442
Total Common Equity	1,318	1,388	1,460	1,578	1,657	1,747	1,927	2,018	2,119	2,366	2,442
Common Stock	430	441	452	486	499	514	552	572	594	653	674
Retained Earnings	1,003	1,064	1,124	1,208	1,276	1,351	1,503	1,584	1,664	1,852	1,948
Treasury Stock	-115	-117	-117	-117	-118	-118	-129	-139	-139	-139	-180
Noncontrolling Interest	1.58	5.62	5.70	5.57	5.71	3.65	3.34	3.32	3.44	3.45	3.62

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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	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	6/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	58,112,780.00	58,445,400.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	58,112,780.00	58,445,400.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	1.72	1.71
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	21.10%	13.91%	12.48%	14.99%	15.49%	16.12%	18.48%	19.84%	20.17%	18.43%	17.33%
EBITDA Growth	-53.76%	13.99%	10.65%	17.75%	175.54%	20.15%	25.44%	12.60%	24.84%	21.27%	20.31%
EBIT Growth	-69.29%	13.86%	9.41%	18.12%	310.82%	19.54%	25.42%	10.00%	25.29%	21.86%	20.00%
NOPAT Growth	-72.90%	10.46%	7.95%	14.34%	377.23%	20.78%	17.51%	6.47%	19.65%	26.75%	17.13%
Net Income Growth	-63.94%	14.99%	11.06%	22.82%	265.44%	16.52%	18.66%	6.80%	19.79%	24.15%	18.19%
EPS Growth	-65.09%	13.33%	8.93%	20.72%	270.27%	15.13%	18.03%	5.97%	17.52%	21.90%	16.67%
Operating Cash Flow Growth	69.94%	-26.96%	-35.75%	9.05%	17.81%	104.52%	102.41%	13.77%	82.49%	38.68%	10.42%
Free Cash Flow Firm Growth	69.07%	88.74%	-16.04%	39.48%	-680.41%	-2,457.05%	-160.07%	-188.19%	3.54%	80.37%	-18.79%
Invested Capital Growth	4.64%	7.18%	18.51%	17.24%	30.30%	43.52%	33.39%	32.63%	23.64%	10.68%	29.66%
Revenue Q/Q Growth	4.21%	3.04%	2.59%	4.39%	4.67%	3.60%	4.67%	5.59%	4.95%	2.10%	3.69%
EBITDA Q/Q Growth	-56.55%	163.13%	-3.33%	6.55%	1.67%	8.09%	7.14%	-4.36%	18.95%	-0.50%	6.28%
EBIT Q/Q Growth	-70.98%	300.34%	-4.96%	6.98%	0.93%	8.28%	7.28%	-6.18%	22.87%	-1.47%	5.65%
NOPAT Q/Q Growth	-74.40%	297.39%	5.04%	7.02%	6.83%	0.57%	2.20%	-3.03%	20.06%	6.53%	-5.55%
Net Income Q/Q Growth	-65.88%	216.00%	3.22%	10.38%	1.51%	0.76%	5.12%	-0.66%	13.85%	4.42%	0.08%
EPS Q/Q Growth	-66.67%	221.62%	2.52%	9.84%	2.24%	0.00%	5.11%	-1.39%	13.38%	3.73%	0.60%
Operating Cash Flow Q/Q Growth	-30.85%	-58.59%	117.88%	74.79%	-25.30%	-28.11%	115.63%	-1.75%	19.82%	-45.37%	71.69%
Free Cash Flow Firm Q/Q Growth	83.52%	48.05%	-687.34%	10.24%	-112.55%	-70.23%	19.92%	0.53%	28.86%	65.35%	-384.52%
Invested Capital Q/Q Growth	-1.03%	7.66%	8.58%	1.33%	10.00%	18.58%	0.92%	0.75%	2.55%	6.16%	18.22%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.32%	20.88%	20.84%	20.50%	20.75%	20.90%	20.85%	19.42%	21.01%	21.12%	21.26%
EBITDA Margin	4.32%	11.04%	10.40%	10.62%	10.31%	10.76%	11.01%	9.97%	11.30%	11.02%	11.29%
Operating Margin	2.33%	8.14%	8.30%	8.26%	8.90%	8.64%	8.46%	7.42%	9.10%	8.99%	8.50%
EBIT Margin	2.33%	9.06%	8.40%	8.61%	8.30%	8.67%	8.89%	7.90%	9.25%	8.92%	9.09%
Profit (Net Income) Margin	2.23%	6.83%	6.87%	7.26%	7.04%	6.85%	6.88%	6.47%	7.02%	7.18%	6.93%
Tax Burden Percent	69.76%	76.97%	77.32%	79.62%	75.41%	75.39%	75.18%	78.72%	73.44%	77.59%	74.68%
Interest Burden Percent	136.78%	97.86%	105.80%	106.00%	112.56%	104.76%	102.95%	104.10%	103.39%	103.71%	102.06%
Effective Tax Rate	30.24%	23.03%	22.68%	20.38%	24.59%	24.61%	24.82%	21.28%	26.56%	22.41%	25.32%
Return on Invested Capital (ROIC)	5.53%	20.71%	21.09%	21.98%	22.17%	19.63%	19.22%	18.29%	20.71%	20.18%	17.38%
ROIC Less NNEP Spread (ROIC-NNEP)	3.41%	18.73%	19.62%	20.02%	21.18%	18.27%	17.19%	16.21%	19.58%	19.29%	13.72%
Return on Net Nonoperating Assets (RNNOA)	-0.69%	-3.69%	-4.12%	-4.72%	-4.81%	-3.00%	-2.93%	-3.30%	-3.90%	-2.94%	-1.40%
Return on Equity (ROE)	4.84%	17.02%	16.96%	17.26%	17.36%	16.63%	16.28%	14.99%	16.81%	17.24%	15.98%
Cash Return on Invested Capital (CROIC)	13.41%	10.44%	0.24%	1.74%	-4.84%	-15.98%	-8.86%	-8.19%	-1.45%	8.60%	-8.12%
Operating Return on Assets (OROA)	2.28%	8.55%	7.94%	8.12%	7.99%	8.46%	8.76%	7.74%	9.23%	9.08%	9.34%
Return on Assets (ROA)	2.18%	6.44%	6.50%	6.85%	6.78%	6.68%	6.78%	6.34%	7.01%	7.30%	7.12%
Return on Common Equity (ROCE)	4.83%	16.98%	16.90%	17.21%	17.31%	16.59%	16.24%	14.96%	16.79%	17.21%	15.95%
Return on Equity Simple (ROE_SIMPLE)	0.00%	13.87%	13.63%	13.77%	0.00%	16.08%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	16	63	66	71	76	76	78	76	91	97	91
NOPAT Margin	1.62%	6.26%	6.41%	6.58%	6.71%	6.52%	6.36%	5.84%	6.68%	6.97%	6.35%
Net Nonoperating Expense Percent (NNEP)	2.12%	1.98%	1.47%	1.96%	0.99%	1.36%	2.02%	2.07%	1.13%	0.88%	3.66%
Return On Investment Capital (ROIC_SIMPLE)	0.97%	3.65%	3.67%	3.75%	3.83%	3.68%	3.61%	3.34%	3.83%	3.86%	3.54%
Cost of Revenue to Revenue	79.68%	79.12%	79.16%	79.50%	79.25%	79.10%	79.15%	80.58%	78.99%	78.88%	78.74%
SG&A Expenses to Revenue	10.87%	5.66%	5.42%	5.19%	4.91%	5.33%	5.63%	5.20%	5.20%	5.34%	5.96%
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	17.99%	12.74%	12.54%	12.24%	11.85%	12.26%	12.39%	12.00%	11.91%	12.13%	12.76%
Earnings before Interest and Taxes (EBIT)	23	92	87	93	94	102	109	102	126	124	131
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	42	111	108	115	117	126	135	129	154	153	163
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.24	4.45	4.24	4.70	4.14	3.86	4.39	4.70	4.52	4.95	3.84
Price to Tangible Book Value (P/TBV)	4.49	4.69	4.47	4.94	4.40	4.10	4.63	4.95	4.74	5.18	4.01
Price to Revenue (P/Rev)	1.70	1.82	1.77	2.00	1.79	1.68	1.92	2.06	2.00	2.22	1.71
Price to Earnings (P/E)	30.19	32.12	31.21	34.21	25.55	24.03	27.46	30.37	29.34	32.23	24.74
Dividend Yield	0.21%	0.19%	0.19%	0.17%	0.18%	0.19%	0.16%	0.14%	0.14%	0.13%	0.16%
Earnings Yield	3.31%	3.11%	3.20%	2.92%	3.91%	4.16%	3.64%	3.29%	3.41%	3.10%	4.04%
Enterprise Value to Invested Capital (EV/IC)	5.31	5.51	5.11	5.87	4.96	4.18	4.92	5.46	5.36	5.88	4.06
Enterprise Value to Revenue (EV/Rev)	1.60	1.72	1.69	1.90	1.70	1.64	1.86	1.99	1.91	2.13	1.68
Enterprise Value to EBITDA (EV/EBITDA)	17.76	19.04	18.62	20.69	16.05	15.34	17.21	18.70	17.75	19.71	15.35
Enterprise Value to EBIT (EV/EBIT)	22.74	24.35	23.86	26.45	19.79	18.94	21.25	23.23	22.01	24.40	19.02
Enterprise Value to NOPAT (EV/NOPAT)	30.29	32.81	32.24	36.00	26.12	24.95	28.48	31.36	30.07	32.95	25.89
Enterprise Value to Operating Cash Flow (EV/OCF)	15.80	18.27	20.84	23.46	20.84	18.85	18.57	19.96	17.12	19.01	15.11
Enterprise Value to Free Cash Flow (EV/FCFF)	40.54	54.60	2,296.93	364.57	0.00	0.00	0.00	0.00	0.00	71.79	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.10	0.09	0.09	0.08	0.08	0.08	0.07	0.07	0.06	0.06	0.06
Long-Term Debt to Equity	0.10	0.09	0.09	0.08	0.08	0.07	0.07	0.07	0.06	0.06	0.06
Financial Leverage	-0.20	-0.20	-0.21	-0.24	-0.23	-0.16	-0.17	-0.20	-0.20	-0.15	-0.10
Leverage Ratio	2.78	2.81	2.74	2.71	2.65	2.58	2.54	2.54	2.49	2.41	2.39
Compound Leverage Factor	3.80	2.75	2.90	2.87	2.98	2.70	2.62	2.65	2.57	2.50	2.44
Debt to Total Capital	9.08%	8.57%	8.15%	7.73%	7.33%	6.97%	6.64%	6.30%	5.96%	5.61%	5.41%
Short-Term Debt to Total Capital	0.24%	0.23%	0.22%	0.21%	0.21%	0.20%	0.19%	0.19%	0.18%	0.17%	0.16%
Long-Term Debt to Total Capital	8.84%	8.34%	7.93%	7.51%	7.13%	6.78%	6.45%	6.12%	5.79%	5.44%	5.24%
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	0.33%	0.32%	0.32%	0.19%	0.17%	0.16%	0.15%	0.15%	0.13%	0.14%	0.14%
Common Equity to Total Capital	90.59%	91.10%	91.53%	92.08%	92.50%	92.86%	93.21%	93.55%	93.90%	94.26%	94.45%
Debt to EBITDA	0.45	0.43	0.41	0.39	0.32	0.31	0.29	0.28	0.26	0.25	0.23
Net Debt to EBITDA	-1.13	-1.08	-0.99	-1.13	-0.85	-0.42	-0.55	-0.71	-0.79	-0.80	-0.30
Long-Term Debt to EBITDA	0.43	0.41	0.40	0.38	0.31	0.30	0.28	0.27	0.25	0.24	0.23
Debt to NOPAT	0.76	0.73	0.71	0.68	0.53	0.50	0.48	0.47	0.44	0.41	0.39
Net Debt to NOPAT	-1.92	-1.87	-1.71	-1.96	-1.38	-0.69	-0.91	-1.19	-1.34	-1.33	-0.51
Long-Term Debt to NOPAT	0.74	0.71	0.69	0.66	0.51	0.48	0.46	0.45	0.43	0.40	0.38
Altman Z-Score	2.80	3.01	2.99	3.18	3.13	3.09	3.36	3.45	3.41	3.74	3.24
Noncontrolling Interest Sharing Ratio	0.25%	0.25%	0.37%	0.29%	0.26%	0.25%	0.25%	0.18%	0.16%	0.16%	0.16%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.42	1.53	1.53	1.56	1.56	1.40	1.41	1.46	1.42	1.56	1.21
Quick Ratio	1.38	1.47	1.43	1.46	1.48	1.32	1.32	1.36	1.35	1.48	1.12
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-34	-18	-138	-124	-263	-448	-359	-357	-254	-88	-426
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	-16.84	-8.93	-67.66	-61.21	-116.63	-220.07	-177.27	-181.16	-129.93	-45.56	-220.61
Operating Cash Flow to Interest Expense	42.55	17.98	37.71	66.44	44.49	35.45	76.90	77.63	93.77	51.84	88.96
Operating Cash Flow Less CapEx to Interest Expense	42.65	17.98	37.71	66.85	44.49	35.45	76.90	77.63	93.77	51.84	88.96
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.98	0.94	0.95	0.94	0.96	0.98	0.99	0.98	1.00	1.02	1.03
Accounts Receivable Turnover	8.35	8.00	7.99	8.01	8.08	8.02	8.20	8.28	8.38	8.46	8.80
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	3.58	3.66	3.63	3.60	3.58	3.45	3.40	3.43	3.39	3.32	3.02
Accounts Payable Turnover	34.62	37.10	37.66	38.97	35.22	39.40	38.20	39.19	40.95	39.60	39.10
Days Sales Outstanding (DSO)	43.72	45.65	45.68	45.58	45.19	45.53	44.50	44.09	43.55	43.16	41.48
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)	10.54	9.84	9.69	9.37	10.36	9.26	9.55	9.31	8.91	9.22	9.33
Cash Conversion Cycle (CCC)	33.18	35.81	35.99	36.22	34.83	36.26	34.94	34.78	34.63	33.94	32.14
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,120	1,206	1,309	1,327	1,459	1,730	1,746	1,759	1,804	1,915	2,264
Invested Capital Turnover	3.41	3.31	3.29	3.34	3.30	3.01	3.02	3.13	3.10	2.89	2.74
Increase / (Decrease) in Invested Capital	50	81	205	195	339	525	437	433	345	185	518
Enterprise Value (EV)	5,951	6,642	6,686	7,789	7,234	7,238	8,594	9,609	9,663	11,259	9,191
Market Capitalization	6,323	7,014	7,035	8,210	7,612	7,435	8,866	9,969	10,090	11,710	9,369
Book Value per Share	$26.43	$28.01	$29.12	$30.59	$32.06	$33.54	$35.09	$36.73	$38.53	$40.72	$41.78
Tangible Book Value per Share	$24.95	$26.52	$27.64	$29.12	$30.23	$31.56	$33.28	$34.92	$36.73	$38.92	$39.99
Total Capital	1,647	1,732	1,811	1,898	1,986	2,075	2,165	2,266	2,377	2,510	2,585
Total Debt	149	149	148	147	146	145	144	143	142	141	140
Total Long-Term Debt	145	145	144	143	142	141	140	139	138	136	136
Net Debt	-377	-378	-354	-424	-381	-200	-275	-364	-431	-454	-181
Capital Expenditures (CapEx)	-0.20	0.00	0.00	-0.82	-0.01	0.00	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-211	-144	-113	-139	-109	-59	-103	-121	-190	-119	-130
Debt-free Net Working Capital (DFNWC)	316	382	388	432	418	285	316	386	382	476	191
Net Working Capital (NWC)	312	378	384	428	414	281	312	381	378	472	187
Net Nonoperating Expense (NNE)	-5.90	-5.68	-4.71	-7.43	-3.76	-3.93	-6.36	-8.17	-4.61	-2.89	-8.34
Net Nonoperating Obligations (NNO)	-377	-378	-354	-424	-381	-200	-275	-364	-431	-454	-181
Total Depreciation and Amortization (D&A)	19	20	21	22	23	24	26	27	28	29	32
Debt-free, Cash-free Net Working Capital to Revenue	-5.65%	-3.73%	-2.85%	-3.38%	-2.55%	-1.34%	-2.22%	-2.50%	-3.76%	-2.25%	-2.37%
Debt-free Net Working Capital to Revenue	8.48%	9.93%	9.79%	10.52%	9.82%	6.45%	6.84%	7.98%	7.56%	9.03%	3.48%
Net Working Capital to Revenue	8.37%	9.82%	9.69%	10.42%	9.72%	6.36%	6.75%	7.90%	7.47%	8.95%	3.40%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.39	$1.22	$1.26	$1.38	$1.40	$1.41	$1.48	$1.46	$1.65	$1.73	$1.72
Adjusted Weighted Average Basic Shares Outstanding	55.71M	56.34M	56.54M	56.78M	56.66M	57.10M	57.16M	57.38M	57.31M	57.77M	57.96M
Adjusted Diluted Earnings per Share	$0.37	$1.19	$1.22	$1.34	$1.37	$1.37	$1.44	$1.42	$1.61	$1.67	$1.68
Adjusted Weighted Average Diluted Shares Outstanding	57.32M	57.92M	58.01M	58.44M	58.24M	58.50M	58.60M	58.96M	58.87M	59.57M	59.48M
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	56.67M	56.92M	57.11M	57.30M	57.46M	57.49M	57.70M	57.92M	58.11M	58.45M	58.28M
Normalized Net Operating Profit after Tax (NOPAT)	16	63	66	71	76	76	78	76	91	97	91
Normalized NOPAT Margin	1.62%	6.26%	6.41%	6.58%	6.71%	6.52%	6.36%	5.84%	6.68%	6.97%	6.35%
Pre Tax Income Margin	3.19%	8.87%	8.88%	9.12%	9.34%	9.09%	9.15%	8.22%	9.56%	9.26%	9.28%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	11.41	46.62	42.66	45.99	41.61	49.94	53.90	51.95	64.36	64.17	67.76
NOPAT to Interest Expense	7.95	32.22	32.58	35.15	33.66	37.52	38.57	38.43	46.51	50.14	47.33
EBIT Less CapEx to Interest Expense	11.51	46.62	42.66	46.40	41.62	49.94	53.90	51.95	64.36	64.17	67.76
NOPAT Less CapEx to Interest Expense	8.05	32.22	32.58	35.55	33.66	37.52	38.57	38.43	46.51	50.14	47.33
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	6.14%	6.11%	6.00%	5.72%	4.76%	4.56%	4.43%	4.41%	4.19%	4.01%	3.90%
Augmented Payout Ratio	6.14%	6.11%	6.00%	5.72%	4.76%	8.04%	10.62%	10.50%	10.00%	6.55%	14.46%

Financials Breakdown Chart

Key Financial Trends

The Ensign Group (NASDAQ: ENSG) continues to show strong operating momentum, with revenue, earnings, and cash flow all trending higher over the last year. The company’s latest quarter also shows a very healthy balance sheet, supported by substantial cash and investment holdings, while leverage remains manageable for a business that has grown aggressively through acquisitions.

Q1 2026 revenue rose to $1.39 billion, up from $1.36 billion in Q4 2025 and $1.17 billion in Q1 2025, showing continued top-line growth.
Net income attributable to common shareholders increased to $99.7 million in Q1 2026, compared with $95.5 million in Q4 2025 and $80.3 million in Q1 2025.
Operating income improved to $124.9 million in Q1 2026, up from $123.8 million in Q4 2025 and $101.4 million a year earlier.
Cash from operations was strong at $100.2 million in Q1 2026, only modestly above Q1 2025 but still solidly positive.
The company ended Q1 2026 with $595 million in cash and short-term investments combined, giving it plenty of liquidity.
Total equity rose to $2.37 billion in Q1 2026 from $1.93 billion in Q1 2025, reflecting retained earnings growth and ongoing business expansion.
Earnings per share also improved, with diluted EPS at $1.67 in Q1 2026 versus $1.37 in Q1 2025.
The company remains acquisition-driven, with investing cash outflows staying large; Q1 2026 acquisitions totaled $28.7 million, following a much larger $82.9 million in Q4 2025 and $194.2 million in Q1 2025.
A large portion of the balance sheet is tied up in other noncurrent operating assets and liabilities, which is common for a healthcare operator but makes the balance sheet less straightforward than a typical industrial company.
Total liabilities remain elevated at $3.24 billion, so Ensign still carries a meaningful leverage profile despite its strong cash generation.

Trend summary: Over the last four years, Ensign has steadily expanded revenue, kept profitability intact, and grown operating cash flow. Quarterly revenue has moved from roughly $887 million in Q1 2023 to $1.39 billion in Q1 2026, while quarterly net income has risen from about $59.9 million to nearly $100 million. That suggests a business with durable demand and effective execution.

What investors may want to watch: continued acquisition activity, the pace of margin improvement, and whether cash flow keeps outpacing the company’s growth investments. If Ensign can keep expanding while maintaining disciplined capital deployment, the long-term setup still looks constructive.

07/27/26 08:51 PM ETAI Generated. May Contain Errors.

The Ensign Group Financials - Frequently Asked Questions

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.

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. View The Ensign Group's forecast to see where analysts expect The Ensign Group to go next.

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

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%.

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.

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.

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%.

Related Companies

Financial statements for NASDAQ:ENSG last updated on 7/27/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

The Ensign Group (ENSG) Financials

Financials Breakdown Chart

Key Financial Trends

The Ensign Group Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

The Ensign Group (ENSG) Financials

Annual Income Statements for The Ensign Group

Quarterly Income Statements for The Ensign Group

Annual Cash Flow Statements for The Ensign Group

Quarterly Cash Flow Statements for The Ensign Group

Annual Balance Sheets for The Ensign Group

Quarterly Balance Sheets for The Ensign Group

Annual Metrics And Ratios for The Ensign Group

Quarterly Metrics And Ratios for The Ensign Group

Financials Breakdown Chart

Key Financial Trends

The Ensign Group Financials - Frequently Asked Questions

When does The Ensign Group's fiscal year end?

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

What is The Ensign Group's operating income?

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

How much debt does The Ensign Group have?

How much cash does The Ensign Group have?

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

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools