The Ensign Group Inc (ENSG)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 209,399 | 224,681 | 194,652 | 170,478 | 110,534 |
| Revenue | US$ in thousands | 3,721,290 | 3,025,470 | 2,627,460 | 2,402,600 | 2,029,210 |
| Net profit margin | 5.63% | 7.43% | 7.41% | 7.10% | 5.45% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $209,399K ÷ $3,721,290K
= 5.63%
The net profit margin of Ensign Group Inc has shown a fluctuating trend over the past five years. The company's net profit margin was highest at 7.43% in Dec 31, 2022 and lowest at 5.43% in Dec 31, 2019. In the most recent year, Dec 31, 2023, the net profit margin decreased to 5.61%. This indicates that Ensign Group Inc's profitability relative to its revenue has slightly decreased compared to the previous year. It is important for the company to monitor and manage its expenses and revenue generation efficiency in order to improve its net profit margin and overall financial performance.
Peer comparison
Dec 31, 2023
Company name
Symbol
Net profit margin
The Ensign Group Inc
ENSG
5.63%
National HealthCare Corporation
NHC
5.85%