The Ensign Group, Inc. (ENSG) Income Statement
ENSG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsENSG revenue and net income
Where ENSG's revenue goes
2025Each bar shows an amount and its share of revenue. ENSG kept 6.8% of revenue as net income.
ENSG profit margins
ENSG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +18.7% | +18.7% | +16.1% | +14.2% |
| Gross profit | +19.8% | +15.6% | +14.4% | +15.7% |
| Operating income | +18.7% | +12.7% | +13.8% | +16.4% |
| Net income | +15.4% | +15.3% | +15.1% | +20.0% |
| EPS (diluted) | +16.7% | +15.7% | +15.5% | +17.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ENSG quarterly EPS vs estimates
Ensign beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 2, 2026 (estimate $1.75).
ENSG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.06B | $4.26B | $3.73B | $3.03B | $2.63B | $2.40B | $2.04B | $1.75B | $1.60B | $1.65B |
| Cost of revenue | $4.26B | $3.59B | $3.14B | $2.51B | $2.16B | $2.00B | $1.75B | $1.54B | $1.43B | $1.47B |
| Gross profit | $799.5M | $667.6M | $590.8M | $518.0M | $468.2M | $407.5M | $291.1M | $218.7M | $172.9M | $188.5M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $269.8M | $225.1M | $284.0M | $158.8M | $151.8M | $129.7M | $110.9M | $90.6M | $80.6M | $69.2M |
| Total operating expenses | $374.1M | $309.3M | $335.4M | $221.2M | $207.7M | $184.3M | $161.9M | $133.8M | $129.7M | $96.6M |
| Operating income | $425.3M | $358.3M | $255.4M | $296.8M | $260.5M | $223.2M | $129.2M | $84.9M | $43.2M | $91.8M |
| Interest income | $24.5M | $28.7M | $19.2M | $5.0M | $4.4M | $3.8M | $2.6M | $2.1M | $1.6M | $1.1M |
| Interest expense | $8.0M | $8.3M | $8.1M | $8.9M | $6.8M | $9.4M | $15.7M | $15.2M | $13.6M | $7.1M |
| Income before taxes | $455.6M | $386.1M | $272.8M | $289.1M | $258.0M | $217.6M | $116.2M | $71.7M | $31.2M | $85.8M |
| Income taxes | $111.4M | $87.6M | $62.9M | $64.4M | $60.3M | $46.2M | $24.0M | $12.7M | $14.2M | $33.0M |
| Net income | $344.0M | $298.0M | $209.4M | $224.7M | $194.7M | $170.5M | $110.5M | $92.4M | $40.5M | $50.0M |
| EBITDA | $567.9M | $478.5M | $353.2M | $360.4M | $320.8M | $281.5M | $182.9M | $131.8M | $87.1M | $131.6M |
| EPS (diluted) | $6.42 | $5.50 | $4.77 | $4.14 | $3.62 | $3.13 | $2.24 | $1.89 | $1.41 | $1.21 |
| Gross margin | 15.8% | 15.7% | 15.8% | 17.1% | 17.8% | 17.0% | 14.3% | 12.5% | 10.8% | 11.4% |
| Operating margin | 8.4% | 8.4% | 6.8% | 9.8% | 9.9% | 9.3% | 6.3% | 4.8% | 2.7% | 5.6% |
| Net margin | 6.8% | 7.0% | 5.6% | 7.4% | 7.4% | 7.1% | 5.4% | 5.3% | 2.5% | 3.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.44B | $1.39B | $1.36B | $1.30B | $1.23B | $1.17B | $1.13B | $1.08B | $1.04B | $1.01B | $980.4M | $940.8M |
| Cost of revenue | $1.20B | $1.16B | $1.24B | $1.11B | $1.03B | $984.9M | $953.3M | $914.8M | $873.6M | $851.1M | $831.8M | $791.4M |
| Gross profit | $239.8M | $227.9M | $118.0M | $190.2M | $198.8M | $188.1M | $178.9M | $167.0M | $162.7M | $159.0M | $148.6M | $149.4M |
| Sales, general & admin | $85.9M | $74.2M | $70.8M | $67.4M | $69.1M | $62.6M | $55.6M | $56.2M | $56.4M | $57.3M | $106.6M | $51.1M |
| Total operating expenses | $117.3M | $103.0M | −$5.8M | $94.0M | $94.9M | $86.7M | $78.1M | $77.7M | $76.7M | $76.8M | $125.8M | $69.6M |
| Operating income | $122.5M | $124.9M | $123.8M | $96.2M | $103.9M | $101.4M | $100.8M | $89.3M | $86.0M | $82.2M | $22.8M | $79.8M |
| Interest income | $4.6M | $6.5M | $6.2M | $6.2M | $5.2M | $6.9M | $7.6M | $7.6M | $7.1M | — | — | $5.3M |
| Interest expense | $1.9M | $1.9M | $2.0M | $2.0M | $2.0M | $2.0M | $2.3M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M |
| Income before taxes | $133.7M | $128.6M | $130.1M | $106.6M | $112.4M | $106.6M | $105.8M | $98.7M | $92.1M | $89.6M | $31.3M | $82.0M |
| Income taxes | $33.8M | $28.8M | $34.5M | $22.7M | $27.9M | $26.2M | $26.0M | $20.1M | $20.9M | $20.6M | $9.5M | $18.1M |
| Net income | $99.7M | $99.7M | $95.5M | $83.8M | $84.4M | $80.3M | $79.7M | $78.4M | $71.0M | $68.8M | $21.7M | $63.9M |
| EBITDA | $167.0M | $159.3M | $159.8M | $135.2M | $140.2M | $132.8M | $130.5M | $122.2M | $114.6M | $111.2M | $52.5M | $102.5M |
| EPS (diluted) | $1.72 | $1.85 | $1.82 | $1.64 | $1.59 | $1.37 | $1.49 | $1.39 | $1.32 | $1.30 | $1.28 | $1.20 |
| Gross margin | 16.6% | 16.4% | 8.7% | 14.7% | 16.2% | 16.0% | 15.8% | 15.4% | 15.7% | 15.7% | 15.2% | 15.9% |
| Operating margin | 8.5% | 9.0% | 9.1% | 7.4% | 8.5% | 8.6% | 8.9% | 8.3% | 8.3% | 8.1% | 2.3% | 8.5% |
| Net margin | 6.9% | 7.2% | 7.0% | 6.5% | 6.9% | 6.8% | 7.0% | 7.3% | 6.9% | 6.8% | 2.2% | 6.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ENSG's financial statements (latest annual report filed February 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ENSG financial results
In fiscal year 2025 (ended December 31, 2025), Ensign reported revenue of $5.1 billion, up 18.7% from the year before. It had net income of $344.0 million (up 15.4%), a net profit margin of 6.8%. Diluted earnings per share came to $6.42. Over five years revenue grew at an average rate of 16.1% a year.
See the ENSG stock overview for the latest quote and news, or the ENSG chart for price history and technical indicators.
ENSG income statement FAQ
What is Ensign's annual revenue?
Ensign reported total revenue of $5.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 18.7% from $4.3 billion the previous year.
Is Ensign profitable?
Yes. Ensign reported net income of $344.0 million in fiscal 2025, a net profit margin of 6.8%; its operating margin was 8.4%.
What is Ensign's gross margin?
Ensign's gross margin was 15.8% in fiscal 2025: for every $100 of revenue, Ensign kept $16 after the direct cost of its products and services.
How fast is Ensign growing?
Revenue grew 16.1% a year on average over the last five fiscal years, from $2.4 billion to $5.1 billion.
What are Ensign's earnings per share?
Ensign earned $6.42 per diluted share in fiscal 2025, compared with $5.50 a year earlier.
When will Ensign report its next earnings?
Ensign is expected to report results for the quarter ending September 30, 2026 on November 2, 2026.
When does Ensign's fiscal year end?
Ensign's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 4, 2026.