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

Company name
Symbol
Net profit margin
The Ensign Group Inc
ENSG
6.99%
National HealthCare Corporation
NHC
7.80%