The Ensign Group Inc (ENSG)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 367,523 | 299,900 | 294,526 | 291,534 | 280,398 | 326,714 | 317,250 | 309,804 | 298,049 | 286,243 | 277,246 | 266,530 | 261,780 | 251,317 | 241,480 | 232,739 | 226,082 | 209,434 | 189,920 | 170,970 |
| Long-term debt | US$ in thousands | 141,585 | 142,577 | 143,559 | 144,533 | 145,497 | 146,453 | 147,401 | 148,339 | 149,269 | 150,191 | — | — | 152,883 | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,837,110 | 1,747,300 | 1,657,360 | 1,577,900 | 1,491,860 | 1,459,750 | 1,387,780 | 1,318,170 | 1,247,330 | 1,180,060 | 1,120,170 | 1,071,590 | 1,020,770 | 979,200 | 928,593 | 876,047 | 818,077 | 764,755 | 715,997 | 675,236 |
| Return on total capital | 18.57% | 15.87% | 16.35% | 16.93% | 17.13% | 20.34% | 20.67% | 21.13% | 21.34% | 21.52% | 24.75% | 24.87% | 22.30% | 25.67% | 26.00% | 26.57% | 27.64% | 27.39% | 26.53% | 25.32% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $367,523K ÷ ($141,585K + $1,837,110K)
= 18.57%
The Return on Total Capital for The Ensign Group Inc has shown a fluctuating trend over the past few years. It stood at 25.32% as of March 31, 2020, and gradually increased to reach its peak at 27.64% as of December 31, 2020. However, there was a slight decline in the following periods, with the ratio dropping to 22.30% by December 31, 2021.
Subsequently, the Return on Total Capital continued to decrease, reaching 17.13% by December 31, 2023, before experiencing a slight recovery to 18.57% by December 31, 2024. Overall, it is evident that the company's ability to generate returns from its total capital has shown variability, highlighting the importance of monitoring and analyzing financial performance regularly to identify trends and make informed decisions.
Peer comparison
Dec 31, 2024