The Ensign Group Inc (ENSG)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 297,973 | 239,977 | 225,396 | 218,382 | 209,399 | 248,179 | 240,495 | 234,193 | 224,681 | 212,950 | 204,052 | 195,786 | 194,652 | 192,233 | 188,012 | 178,835 | 170,478 | 151,551 | 135,650 | 124,011 |
| 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 |
| ROA | 6.38% | 5.18% | 5.08% | 5.07% | 5.01% | 6.08% | 6.08% | 6.06% | 6.51% | 6.52% | 6.53% | 6.43% | 6.83% | 6.83% | 7.10% | 7.12% | 6.70% | 6.15% | 5.45% | 5.19% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $297,973K ÷ $4,669,360K
= 6.38%
The return on assets (ROA) for The Ensign Group Inc has shown variability over the period analyzed. The ROA started at 5.19% as of March 31, 2020, and gradually increased to a peak of 7.12% by March 31, 2021. However, there was a slight decline in the ROA in the subsequent periods, fluctuating between 6.15% and 6.83% in the following quarters.
By December 31, 2023, there was a noticeable decrease in ROA to 5.01%, which was followed by a slight increase in the next reporting period. The ROA recovered moderately to 6.38% by December 31, 2024.
Overall, the ROA performance of The Ensign Group Inc demonstrates a mixed trend with some fluctuations in profitability levels. Further investigation into the company's operations and asset management practices may provide insights into the factors influencing these variations in ROA over time.
Peer comparison
Dec 31, 2024