ENSIGN GROUP, INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data ENSIGN GROUP, INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	1,655	1,849	1,755	2,037	2,403	2,627	3,025	3,729	4,260	5,058
Cost of revenue	1,342	1,313	1,418	1,621	1,865	2,020	2,354	2,941	3,377	4,019
Gross profit	313	536	336	416	537	608	671	788	884	1,039
General and administrative	69.2	74.1	90.6	111	130	152	159	263	225	270
Operating income	91.8	43.2	84.9	129	223	260	297	255	358	425
Interest expense	7.14	13.6	15.2	15.7	9.36	6.85	8.93	8.09	8.29	7.99
Interest income	1.11	1.61	2.02	2.65	3.81		5.04	19.2	28.7	24.5
Other non-operating income	-6.03	-12	-13.2	-13	-5.55	-2.46	-7.74	17.4	27.8	30.3
Pre-tax income	85.8	31.2	71.7	116	218	258	289	273	386	456
Income tax	33	14.2	12.7	24	46.2	60.3	64.4	62.9	87.6	111
Income from continuing operations		16.8	59.5	91.7	170	195
Net income to minority interests	2.85	0.36	0.16	1.15	0.89	3.07	-0.03	0.45	0.49	0.29
Net income	50	40.5	92.4	111	170	195	225	209	298	344
EBITDA	131	85.5	130	180	278	316	359	328	442	530
EPS, basic	0.99	0.79	1.78	2.07	3.19	3.57	4.09	3.76	5.26	6.00
EPS, diluted	0.96	0.77	1.70	1.97	3.06	3.42	3.95	3.65	5.12	5.84
Shares, basic (weighted)	50.6	50.9	52	53.5	53.4	54.5	54.9	55.7	56.7	57.3
Shares, diluted (weighted)	52.1	52.8	54.4	56	55.8	56.9	56.9	57.3	58.2	58.9
Dividend per share	0.16	0.17	0.18	0.19	0.20	0.21	0.22	0.23	0.24	0.25

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	57.7	42.3	31	59.2	237	262	316	510	465	504
Short-term investments	11.6	13.1	8.68	17.8	13.4	13.8	15.4	17.2	62.3	68.5
Receivables	244	265	252	309	305	329	408	485	570	637
Other current assets	19.9	28.1	19.6	24.4	26.7	11.1	14.1	12.7	60.9	62.9
Total current assets	334	368	348	411	583	640	781	1,047	1,158	1,272
Property, plant and equipment	484	537	608	768	778	888	992	1,091	1,291	1,697
Lease right-of-use assets			0	1,047	1,026	1,139	1,451	1,756	1,861	2,098
Goodwill	46	53.1	49.6	54.5	54.5	60.5	76.9	76.9	98	98
Intangible assets	35.1	32.8	30.9	3.38	2.9	2.65	6.44	6.53	7.29	6.38
Other non-current assets	12.6	16.5	20.8
Total assets	1,001	1,102	1,182	2,362	2,546	2,851	3,452	4,178	4,669	5,463
Accounts payable	39	39	39.8	45	50.9	58.1	77.1	92.8	98.9	97.3
Accrued liabilities	84.7	90.5	107	151	237	279	290	333	348	422
Deferred revenue		7.07	6.95	8.87	8.56	9.34	9.7	10.8	18.8
Short-term debt	8.13	9.94	10.1	2.7	2.96	3.76	3.88	3.95	4.09	4.23
Total current liabilities	212	226	269	343	562	523	582	735	743	894
Long-term debt	275	303	233			153	149	145	142	138
Lease liabilities			0	974	950	1,057	1,355	1,639	1,735	1,949
Other non-current liabilities	5.86	8.63	7.06	9.91	11.1	18.4	13	17.9	18.5	18.6
Total liabilities	541	602	580	1,706	1,727	1,829	2,203	2,680	2,829	3,228
Total debt	284	316	246	330	118	160	156	152	148	144
Paid-in capital	252	266	284	308	338	370	416	466	528	615
Retained earnings	235	265	345	392	551	734	946	1,143	1,427	1,756
Treasury stock	-31.1	-38.4	-38.4	-45.3	-71.2	-83	-115	-117	-118	-139
Shareholders' equity	456	492	591	654	818	1,021	1,247	1,492	1,837	2,232
Minority interests	4.05	7.66	11.4	1.95	0.15	0.95	1.47	5.45	3.32	3.1
Total equity	460	500	602	656	818	1,022	1,249	1,497	1,840	2,235
Total liabilities and equity	1,001	1,102	1,182	2,362	2,546	2,851	3,452	4,178	4,669	5,463
Shares outstanding	50.8	51.4	52.6	53.5	54.6	55.2	55.7	56.6	57.4	58.1

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	52.8	40.8	92.5	112	171	198	225	210	298	344
Depreciation and amortization	38.7	42.3	44.9	51.1	54.6	56	62.4	72.4	84.1	104
Stock-based compensation	9.1	7.76	8.37	11.3	14.5	18.7	22.7	30.8	36.2	48.3
Deferred income tax	-2.21	8.97	1.35	3.49	-27.8	-0.72	-6.5	-27.5	0.64	-16.9
Change in receivables	-63.6	-46.7	-10.5	-60.4	2.17	-30.8	-82.4	-79.8	-84.4	-70.4
Change in payables	0.58	2.9	1.77	4.46	6.63	7.12	17.9	15.9	2.84	-2.92
Cash from operations	73.9	79.5	210	192	373	276	273	377	347	564
Capital expenditures	-65.7	-54.1	-50.9	-71.5
Acquisitions	-64.3	-77.5	0	-6.46	0	-6	-16.4	0	-157	-323
Purchases of investments		-6.59	-3.07	-12.3	-21.7	-32.3	-22	-29.6	-105	-111
Sales and maturities of investments		0	0	8.86	24.5	27.5	14.4	18.9	26.4	99.7
Cash from investing	-211	-113	-151	-247	-58.7	-174	-186	-183	-390	-513
Debt issued				1,380	417	45.2	0.41	0.15	0.4	0
Debt repaid	-660	-990	-915	-1,297	-630	-3.06	-4.11	-4.03	-4.35	-4.09
Stock issued	0	0	9.37	8.5	12.7	9.18	12.7	18.4	22.3	29
Share buybacks	-30	-7.29	0	-6.41	-25	-10.1	-29.9	0	0	-20
Dividends paid	-8.17	-8.72	-9.42	-10.2	-10.8	-11.5	-12.2	-12.9	-13.7	-14.4
Cash from financing	153	18.3	-70.3	82.9	-137	-76.1	-32.3	-0.61	-2.16	-11.8
Net change in cash	16.1	-15.4	-11.3	28.1	177	25.6	54.1	193	-45	39.3
Free cash flow	8.19	25.5	159	121
Interest paid	6.43	13.3	16	14.3	9.92	5.69	7.6	7.03	7.06	6.91
Income taxes paid	23.2	38.4	19.7	20.2	74.4	65.5	70.1	89.7	96.3	116

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $175.18 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	20.7%	Gross profit / revenue.
Operating margin	8.5%	Operating income / revenue.
EBITDA margin	10.6%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	9.1%	Pre-tax income / revenue.
Net margin	6.9%	Net income / revenue.
Operating cash flow margin	11.1%	Cash from operations / revenue.
Effective tax rate	24.0%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	15.5%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	6.6%	Net income / average total assets.
Return on invested capital (ROIC)	15.3%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue	1.0%	Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue	2.1%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	18.7%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	18.7%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	16.1%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	17.6%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	15.7%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	14.1%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	18.7%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	12.7%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	13.8%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	19.7%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	13.8%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	13.8%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	15.4%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	15.3%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	15.1%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	14.1%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	13.9%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	13.8%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	62.5%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	27.5%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	8.6%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	4.1%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	4.3%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	4.5%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	21.5%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	21.4%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	22.2%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	17.0%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	16.5%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	16.5%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	1.1%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	1.2%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	1.1%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.21x	Current assets / current liabilities.
Quick ratio	1.12x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.36x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.06x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	2.4%	Total debt / total assets.
Liabilities / assets	57.5%	Total liabilities / total assets.
Net debt	-$181.1M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	-0.31x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	60.0x	Operating income / interest expense.
Working capital	$186.7M	Current assets - current liabilities.
Goodwill and intangibles / assets	1.8%	(Goodwill + intangible assets) / total assets.
Tangible book value	$2.34B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.95x	Revenue / average total assets.
Fixed asset turnover	2.62x	Revenue / average property, plant and equipment.
Receivables turnover	8.20x	Revenue / average receivables.
Days sales outstanding	44 days	365 x average receivables / revenue.
Days payables	10 days	365 x average accounts payable / cost of revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	$6.37	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$92.24	Revenue / diluted weighted shares.
Operating cash flow per share	$10.23	Cash from operations / diluted weighted shares.
Book value per share	$41.90	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$40.11	Tangible book value / shares outstanding.
Cash per share	$5.51	(Cash + short-term investments) / shares outstanding.
Payout ratio	3.9%	Dividends paid / net income, when net income is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$10.21B	Share price x shares outstanding.
Enterprise value	$10.03B	Market cap + total debt - cash - short-term investments.
P/E	27.0x	Market cap / net income. Only when net income is positive.
P/S	1.86x	Market cap / revenue.
P/B	4.18x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	4.37x	Market cap / tangible book value, when positive.
P/OCF	16.8x	Market cap / cash from operations, when positive.
EV/Sales	1.83x	Enterprise value / revenue.
EV/EBIT	21.5x	Enterprise value / operating income, when both are positive.
EV/EBITDA	17.2x	Enterprise value / EBITDA, when both are positive.
Earnings yield	3.7%	Net income / market cap (the inverse of P/E).
Dividend yield	0.1%	Dividends paid over the period / market cap.
Shareholder yield	0.5%	(Dividends paid + share buybacks) / market cap.
PEG	1.94x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was ENSIGN GROUP, INC's revenue in fiscal 2025?

ENSIGN GROUP, INC reported revenue of $5.06B for fiscal 2025, 18.7% higher than the year before.

Was ENSIGN GROUP, INC profitable in fiscal 2025?

Yes. Net income was $344.0M, a net margin of 6.8%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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