The Ensign Group Inc (ENSG)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 297,973 | 209,399 | 224,681 | 194,652 | 170,478 |
| Total stockholders’ equity | US$ in thousands | 1,837,110 | 1,491,860 | 1,247,330 | 1,020,770 | 818,077 |
| ROE | 16.22% | 14.04% | 18.01% | 19.07% | 20.84% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $297,973K ÷ $1,837,110K
= 16.22%
The Return on Equity (ROE) of The Ensign Group Inc has shown a slight decrease over the past five years, declining from 20.84% as of December 31, 2020, to 16.22% as of December 31, 2024. This downward trend indicates that the company's ability to generate profit from its shareholders' equity has weakened over the period. Despite experiencing fluctuations, the ROE has remained relatively healthy, although the decreasing trend may warrant further investigation into the company's financial performance and management of equity capital. It is essential for investors and stakeholders to closely monitor this metric to assess the effectiveness of the company's capital utilization and profitability.
Peer comparison
Dec 31, 2024