The Ensign Group Inc (ENSG)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 297,973 | 209,399 | 224,681 | 194,652 | 170,478 |
Revenue | US$ in thousands | 4,260,280 | 3,721,290 | 3,025,470 | 2,627,460 | 2,402,600 |
Net profit margin | 6.99% | 5.63% | 7.43% | 7.41% | 7.10% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $297,973K ÷ $4,260,280K
= 6.99%
The net profit margin of The Ensign Group Inc has shown some fluctuations over the years based on the provided data. In December 31, 2020, the net profit margin was 7.10%, which increased slightly to 7.41% by December 31, 2021, and further to 7.43% by December 31, 2022, indicating improving profitability during that period.
However, in December 31, 2023, there was a notable decrease in the net profit margin to 5.63%, suggesting a potential decline in profitability. The margin then recovered to 6.99% by December 31, 2024, showing a partial improvement from the previous year but still not reaching the peak levels observed in 2022.
Overall, The Ensign Group Inc's net profit margin has experienced both gains and losses over the years, reflecting varying levels of efficiency in generating profits from its operations. It would be important for the company to closely monitor and manage its cost structures and revenue streams to sustain and enhance profitability in the future.
Peer comparison
Dec 31, 2024