The Ensign Group Inc (ENSG)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 255,367 | 307,737 | 302,232 | 302,590 | 296,825 | 287,243 | 279,274 | 265,896 | 260,465 | 250,710 | 239,461 | 230,041 | 223,155 | 206,989 | 182,719 | 156,024 | 129,180 | 80,359 | 78,847 | 81,883 |
| 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 |
| Operating profit margin | 6.84% | 8.66% | 8.92% | 9.46% | 9.81% | 9.87% | 9.94% | 9.80% | 9.91% | 9.77% | 9.59% | 9.42% | 9.29% | 9.89% | 8.74% | 7.51% | 6.36% | 3.57% | 3.65% | 2.65% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $255,367K ÷ $3,731,458K
= 6.84%
Ensign Group Inc's operating profit margin has shown variability over the past eight quarters, ranging from a high of 9.87% in Q4 2022 to a low of 6.85% in Q4 2023. Despite this fluctuation, the company's operating profit margin generally remained above 8% during this period, indicating a relatively healthy level of profitability.
The downward trend in the operating profit margin from Q1 2023 to Q4 2023 may suggest that the company's expenses increased at a faster rate than its revenues during this period. It is important for Ensign Group Inc to closely monitor and control its costs to maintain or improve its operating profit margin in the future.
Overall, Ensign Group Inc's operating profit margin performance indicates that the company is efficiently managing its operations to generate profits, but there may be room for improvement in controlling costs to enhance overall profitability.
Peer comparison
Dec 31, 2023