The Ensign Group Inc (ENSG)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 4,669,360 | 4,629,160 | 4,437,340 | 4,308,410 | 4,177,540 | 4,081,980 | 3,952,360 | 3,862,240 | 3,452,020 | 3,265,270 | 3,124,670 | 3,044,560 | 2,850,620 | 2,813,380 | 2,648,550 | 2,512,500 | 2,545,580 | 2,464,990 | 2,488,160 | 2,388,010 |
| Operating ROA | 7.67% | 6.06% | 6.10% | 6.10% | 6.11% | 7.54% | 7.65% | 7.83% | 8.60% | 8.80% | 8.94% | 8.73% | 9.14% | 8.91% | 9.04% | 9.16% | 8.77% | 8.40% | 7.34% | 6.53% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $358,304K ÷ $4,669,360K
= 7.67%
The operating return on assets (operating ROA) of The Ensign Group Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 6.53% in March 2020 and gradually increased to a peak of 9.16% in March 2021. Subsequently, the operating ROA experienced some volatility, with slight decreases and increases, before dropping to 6.10% in June 2024.
The ratio then saw a slight recovery to 7.67% by December 2024. Despite the fluctuations, the operating ROA generally stayed within the range of 6% to 9%, indicating that the company has been able to generate operating profits relative to its total assets over the period analyzed. The management may want to focus on improving operational efficiency to sustain or enhance this performance in the future.
Peer comparison
Dec 31, 2024