The Ensign Group Inc (ENSG)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 358,304 | 255,367 | 296,825 | 260,465 | 223,155 |
| Total assets | US$ in thousands | 4,669,360 | 4,177,540 | 3,452,020 | 2,850,620 | 2,545,580 |
| Operating ROA | 7.67% | 6.11% | 8.60% | 9.14% | 8.77% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $358,304K ÷ $4,669,360K
= 7.67%
The operating return on assets (ROA) of The Ensign Group Inc has fluctuated over the past five years, as follows:
- As of December 31, 2020, the operating ROA was 8.77%.
- By December 31, 2021, the operating ROA improved slightly to 9.14%.
- However, by December 31, 2022, the operating ROA decreased to 8.60%.
- Subsequently, by December 31, 2023, there was a significant drop in the operating ROA to 6.11%.
- Lastly, as of December 31, 2024, the operating ROA recovered slightly to 7.67%.
Overall, the trend in operating ROA for The Ensign Group Inc shows some volatility, with a general decrease between 2022 and 2023 before a modest recovery in 2024. This performance indicates fluctuations in the company's ability to generate operating income from its assets, which may require further investigation into the underlying operational factors impacting profitability.
Peer comparison
Dec 31, 2024