The Ensign Group Inc (ENSG)

Net profit margin

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 209,399 248,179 240,495 234,193 224,681 212,950 204,052 195,786 194,652 192,233 188,012 178,835 170,478 151,551 135,650 124,011 110,534 109,500 103,202 96,604
Revenue (ttm) US$ in thousands 3,731,458 3,554,106 3,388,158 3,200,096 3,026,034 2,910,738 2,808,673 2,713,098 2,627,461 2,566,044 2,496,870 2,442,374 2,402,596 2,093,511 2,091,399 2,076,776 2,032,067 2,250,949 2,161,856 3,084,516
Net profit margin 5.61% 6.98% 7.10% 7.32% 7.42% 7.32% 7.27% 7.22% 7.41% 7.49% 7.53% 7.32% 7.10% 7.24% 6.49% 5.97% 5.44% 4.86% 4.77% 3.13%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $209,399K ÷ $3,731,458K
= 5.61%

Ensign Group Inc's net profit margin has shown a slight downward trend over the past four quarters, declining from 7.43% in Q4 2022 to 5.61% in Q4 2023. Despite this decrease, the company has maintained a relatively stable net profit margin within the range of 5.61% to 7.43% during this period. The margins for Q3 and Q2 2023 were 6.97% and 7.10%, respectively, showing a modest improvement but still falling short of the margins achieved in the previous year. Overall, Ensign Group Inc's net profit margin performance indicates a need for closer examination of cost management and revenue generation strategies to sustain profitability levels in the future.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
The Ensign Group Inc
ENSG
5.61%
National HealthCare Corporation
NHC
5.85%