The Ensign Group Inc (ENSG)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 385,609 | 311,064 | 294,453 | 283,519 | 272,311 | 318,564 | 309,016 | 300,905 | 289,118 | 277,514 | 268,916 | 259,254 | 254,931 | 244,669 | 234,801 | 225,401 | 216,720 | 197,587 | 175,913 | 155,315 |
| 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 |
| Pretax margin | 9.06% | 7.58% | 7.43% | 7.36% | 7.30% | 8.96% | 9.12% | 9.40% | 9.55% | 9.53% | 9.57% | 9.56% | 9.70% | 9.53% | 9.40% | 9.23% | 9.02% | 9.44% | 8.41% | 7.48% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $385,609K ÷ $4,258,320K
= 9.06%
The pretax margin of The Ensign Group Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 7.48% on March 31, 2020, and gradually increased to 9.70% by December 31, 2021. This indicated an improvement in the company's ability to generate profits before considering taxes.
However, there was a slight decline in the pretax margin for the next few quarters, reaching a low of 7.30% on December 31, 2023. This decrease may be attributed to various factors such as changes in revenue, operating expenses, or tax liabilities.
Subsequently, the pretax margin recovered to 9.06% by December 31, 2024, showing a positive trend towards the end of the period. Overall, fluctuations in the pretax margin reflect the company's ability to manage costs, generate revenue, and optimize profitability. Investors and stakeholders may monitor this metric closely to gauge the financial health and operational efficiency of The Ensign Group Inc.
Peer comparison
Dec 31, 2024