The Ensign Group, Inc. operates as a healthcare provider, primarily concentrating on post-acute care services, alongside other supporting business ventures. The company's ...
The Ensign Group, Inc. (NASDAQ: ENSG) is a leading healthcare provider focused on post-acute care services, operating through independent subsidiaries. Founded in 1999 by Roy E. Christensen, Christopher R. Christensen, and Gregory K. Stapley, the company is headquartered in San Juan Capistrano, California. Ensign provides a wide range of services ...The Ensign Group, Inc. (NASDAQ: ENSG) is a leading healthcare provider focused on post-acute care services, operating through independent subsidiaries. Founded in 1999 by Roy E. Christensen, Christopher R. Christensen, and Gregory K. Stapley, the company is headquartered in San Juan Capistrano, California. Ensign provides a wide range of services including skilled nursing, assisted living, rehabilitative therapies (physical, occupational, and speech), as well as mobile diagnostic services such as X-rays, ultrasounds, and EKGs. The company also offers sub-acute care, patient transportation, and real estate leasing. As of recent data, Ensign operates over 369 healthcare operations, including 47 senior living facilities, across 17 states. The company employs approximately 46,000 people, making it a significant employer in the healthcare sector. Financially, Ensign has a market capitalization of around $10.7 billion, with a price-to-earnings ratio of 27.85 and a dividend yield of about 0.1%. The company's revenue per share is $94.67, and it maintains a gross profit margin of 14.1% and a net profit margin of 6.9%. Key financial metrics indicate a debt-to-equity ratio of 0.92 and an operating cash flow per share of $10.50. Ensign's leadership includes CEO Barry R. Port, who has served since May 2019 and was appointed Chairman in September 2025. The company is known for its decentralized management model, with individual facilities operating with a high degree of autonomy under Ensign's support. Ensign continues to expand through acquisitions, recently adding facilities in Utah, and remains a national leader in skilled nursing and post-acute care. The company's mission is to provide compassionate, high-quality care to patients, while delivering value to shareholders through strategic growth and operational efficiency.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$5.1B
+18.7%
+3.7%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$344.0M
+15.4%
+0.1%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+15.8%
+0.9%
+1.5%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+8.4%
-0.0%
-5.4%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+6.8%
-2.8%
-3.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$370.7M
+96.2%
+84.2%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+7.3%
+65.3%
+77.6%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
186.2%
+73.2%
-2.8%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.42x
-8.6%
-22.2%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Hello, everyone. Thank you for joining us, and welcome to the Ensign Group Q2 Earnings Call. I will now hand the conference over to Mr. Keetch. Please go ahead.
Chad Keetch: Thank you, operator, and welcome, everyone. We filed our earnings press release on Monday, and it is available on the Investor Relations section of our website at ensigngroup.net. A replay of this call will also be available on our website until 5:00 p.m. Pacific on August 28, 2026. We want to remind anyone that may be listening to a replay of this call that all statements made are as of today, July 29, 2026, and these statements have not been or will be updated subsequent to today's call. Also, any forward-looking statements made today are based on management's current expectations, assumptions and beliefs about our business and the environment in which we operate. These statements are subject to risks and uncertainties that could cause our actual results to materially differ from those expressed or implied on today's call. Listeners should not place undue reliance on forward-looking statements and are encouraged to review our SEC filings for a more complete discussion of factors that could impact our results. Except as required by federal securities laws, Ensign and its independent subsidiaries do not undertake to publicly update or revise any forward-looking statements or changes arise as a result of new information, future events, changing circumstances or for any other reason. In addition, the Ensign Group, Inc. is a holding company with no direct operating assets, employees or revenues. Certain of our independent subsidiaries, collectively referred to as the service center, provide accounting, payroll, human resources, information technology, legal, risk management and other services to the other independent subsidiaries through contractual relationships. In addition, our captive insurance subsidiary, which we refer to as the insurance captive, provides certain claims made coverage to our operating companies for general and professional liability as well as for workers' compensation insurance liabilities. Ensign also owns Standard Bearer Healthcare REIT, Inc., which is a captive real estate investment trust that invests in health care properties and enters into lease agreements with certain independent subsidiaries of Ensign as well as third-party tenants that are unaffiliated with the Ensign Group. The words Ensign, company, we, our and us refer to the Ensign Group, Inc. and its consolidated subsidiaries. All of our independent subsidiaries, the Service Center, Standard Bearer Healthcare REIT and the insurance captive are operated by separate independent companies that have their own management, employees and assets. References herein to the consolidated company and its assets and activities as well as the use of the words we, us and our and similar terms are not meant to imply nor should it be construed as meaning that the Ensign Group has direct operating …
