The Ensign Group Inc (ENSG)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 358,304 | 280,353 | 270,807 | 262,710 | 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 |
| Revenue (ttm) | US$ in thousands | 4,258,320 | 4,104,767 | 3,961,754 | 3,849,940 | 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 |
| Operating profit margin | 8.41% | 6.83% | 6.84% | 6.82% | 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% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $358,304K ÷ $4,258,320K
= 8.41%
The operating profit margin of The Ensign Group Inc has exhibited fluctuations over the reported periods. From March 31, 2020, to June 30, 2022, the operating profit margin generally displayed a rising trend, increasing from 7.51% to 9.94%. This indicates the company's ability to generate profits from its core business operations improved during this period. However, starting from September 30, 2022, the operating profit margin began to decline gradually, reaching 6.83% by September 30, 2024.
The significant drop in operating profit margin from December 31, 2023, to March 31, 2024, to 6.82% suggests a potential period of decreased profitability or increased operational expenses relative to revenue. The subsequent increase in the operating profit margin to 8.41% by December 31, 2024, may indicate some recovery in profitability, although it remains below the levels seen in earlier periods.
Overall, fluctuations in The Ensign Group Inc's operating profit margin highlight the importance of closely monitoring and analyzing operational efficiency and cost management strategies to sustain and enhance profitability over time.
Peer comparison
Dec 31, 2024