The Ensign Group Inc. (ENSG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
29222 RANCHO VIEJO RD. SAN JUAN CAPISTRANO, CA 92675 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8051 - Skilled Nursing Care Facilities (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 527 | 332 | 276 | 250 | 77 | 40 | |||
| Cash and cash equivalents | 510 | 316 | 262 | 237 | 59 | 31 | |||
| Short-term investments | 17 | 15 | 14 | 13 | 18 | 9 | |||
| Receivables | 485 | 408 | 329 | 305 | 309 | 276 | |||
| Prepaid expense | 5 | 5 | 1 | 1 | 6 | ||||
| Asset, held-for-sale, not part of disposal group | 2 | ||||||||
| Other current assets | 13 | 14 | |||||||
| Other undisclosed current assets | 22 | 22 | 30 | 27 | 24 | 24 | |||
| Total current assets: | 1,047 | 781 | 640 | 583 | 411 | 348 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,756 | 1,451 | 1,139 | 1,026 | 1,047 | ✕ | |||
| Property, plant and equipment | 1,091 | 992 | 888 | 778 | 768 | 619 | |||
| Intangible assets, net (including goodwill) | 83 | 83 | 67 | 61 | 61 | 139 | |||
| Goodwill | 77 | 77 | 60 | 54 | 54 | 80 | |||
| Intangible assets, net (excluding goodwill) | 7 | 6 | 6 | 7 | 6 | 59 | |||
| Deposits noncurrent assets | 0 | 14 | 7 | ||||||
| Restricted cash and investments | 47 | 33 | 26 | 21 | |||||
| Estimated insurance recoveries | 16 | 11 | |||||||
| Deferred income tax assets | 67 | 40 | 33 | 32 | 5 | ✕ | |||
| Other noncurrent assets | 21 | ||||||||
| Other undisclosed noncurrent assets | 117 | 94 | 37 | 32 | 31 | 27 | |||
| Total noncurrent assets: | 3,131 | 2,671 | 2,211 | 1,963 | 1,951 | 834 | |||
| TOTAL ASSETS: | 4,178 | 3,452 | 2,851 | 2,546 | 2,362 | 1,182 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 594 | 464 | 426 | 375 | 266 | 164 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 279 | 237 | 151 | 120 | ||
| Accounts payable | 93 | 77 | 58 | 51 | 45 | 44 | |||
| Accrued liabilities | 501 | 387 | 89 | 87 | 70 | ||||
| Debt | 4 | 3 | 48 | 10 | |||||
| Self insurance reserve | 55 | 48 | 41 | 34 | 29 | 25 | |||
| Other liabilities | 70 | ||||||||
| Other undisclosed current liabilities | 86 | 70 | 52 | 150 | |||||
| Total current liabilities: | 735 | 582 | 523 | 562 | 343 | 269 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 145 | 149 | 1,057 | 950 | 974 | 233 | |||
| Long-term debt, excluding current maturities | 145 | 149 | 233 | ||||||
| Liabilities, other than long-term debt | 1,800 | 1,472 | 96 | 77 | 62 | 64 | |||
| Deferred compensation liability, classified | 49 | 33 | 27 | 14 | 4 | ||||
| Other liabilities | 9 | ||||||||
| Operating lease, liability | 1,639 | 1,355 | 1,057 | 950 | 974 | ✕ | |||
| Self insurance reserve | 111 | 83 | 69 | 62 | 58 | 55 | |||
| Other undisclosed noncurrent liabilities | 0 | 0 | 153 | 138 | 327 | 13 | |||
| Total noncurrent liabilities: | 1,945 | 1,621 | 1,306 | 1,165 | 1,363 | 310 | |||
| Total liabilities: | 2,680 | 2,203 | 1,829 | 1,727 | 1,706 | 580 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,492 | 1,247 | 1,021 | 818 | 654 | 591 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (117) | (115) | (83) | (71) | (45) | (38) | |||
| Additional paid in capital | 466 | 416 | 370 | 338 | 308 | 284 | |||
| Retained earnings | 1,143 | 946 | 734 | 551 | 392 | 345 | |||
| Equity, attributable to noncontrolling interest | 5 | 1 | 1 | 0 | 2 | 11 | |||
| Total equity: | 1,497 | 1,249 | 1,022 | 818 | 656 | 602 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,178 | 3,452 | 2,851 | 2,546 | 2,362 | 1,182 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,729 | 3,025 | 2,627 | 2,403 | 2,037 | 2,041 | ||
| Cost of revenue | (3,158) | (2,569) | (2,211) | (2,038) | (1,786) | (1,799) | ||
| Cost of goods and services sold | (2,941) | (2,354) | (2,020) | (1,865) | (1,621) | (1,628) | ||
| Gross profit: | 571 | 456 | 416 | 364 | 250 | 242 | ||
| Operating expenses | (316) | (159) | (156) | (141) | (121) | (113) | ||
| Operating income: | 255 | 297 | 260 | 223 | 129 | 128 | ||
| Nonoperating income (expense) | 17 | (8) | (2) | (6) | (13) | (13) | ||
| Investment income, nonoperating | ||||||||
| Other nonoperating income (expense) | 25 | 1 | 4 | (6) | (13) | (13) | ||
| Interest and debt expense | (8) | (1) | (7) | (9) | (0) | (15) | ||
| Income from continuing operations before equity method investments, income taxes: | 265 | 289 | 251 | 208 | 116 | 100 | ||
| Other undisclosed income from continuing operations before income taxes | 8 | 1 | 7 | 9 | 0 | 15 | ||
| Income from continuing operations before income taxes: | 273 | 289 | 258 | 218 | 116 | 115 | ||
| Income tax expense | (63) | (64) | (60) | (46) | (24) | (23) | ||
| Income from continuing operations: | 210 | 225 | 198 | 171 | 92 | 93 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 198 | 171 | 112 | 93 | |
| Income from discontinued operations | 19 | |||||||
| Net income: | 210 | 225 | 198 | 171 | 112 | 93 | ||
| Net income (loss) attributable to noncontrolling interest | (0) | 0 | (3) | (1) | (1) | (0) | ||
| Net income available to common stockholders, diluted: | 209 | 225 | 195 | 170 | 111 | 92 | ||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 210 | 225 | 198 | 171 | 112 | 93 | ||
| Comprehensive income: | 210 | 225 | 198 | 171 | 112 | 93 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (0) | 0 | (3) | (1) | (1) | (0) | ||
| Comprehensive income, net of tax, attributable to parent: | 209 | 225 | 195 | 170 | 111 | 92 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.