The Ensign Group Inc (ENSG)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 385,609 | 272,311 | 289,118 | 254,931 | 216,720 |
| Revenue | US$ in thousands | 4,260,280 | 3,721,290 | 3,025,470 | 2,627,460 | 2,402,600 |
| Pretax margin | 9.05% | 7.32% | 9.56% | 9.70% | 9.02% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $385,609K ÷ $4,260,280K
= 9.05%
The pretax margin of The Ensign Group Inc has shown some variation over the past five years. It was at a relatively healthy level of 9.02% in December 31, 2020, and increased slightly to 9.70% by December 31, 2021. However, there was a slight dip in the pretax margin to 9.56% by December 31, 2022. The following year, there was a more significant decline to 7.32% by December 31, 2023, indicating a potential challenge in maintaining profitability.
However, by December 31, 2024, the pretax margin recovered to 9.05%, showing improvement compared to the previous year. Overall, the trend in pretax margin suggests some volatility, with periods of growth and decline. It is important for The Ensign Group Inc to closely monitor and manage their operating expenses and revenue generation strategies to ensure sustainable profitability in the long term.
Peer comparison
Dec 31, 2024