Filing Flows › Ensign Group (ENSG) › Q1 2025
Ensign Group (ENSG) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Ensign Group (ENSG) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), +16% from a year earlier and +4% from the quarter before. Operating margin was 8.6%, net earnings $80.4M (6.8% of revenue).
Ensign Group, Q1 2025: revenue $1.2B (+16% year over year), operating margin 8.6%, net earnings $80.4M, operating cash flow $72.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +4% | +16% |
| Operating profit | $101M | +0.6% | +23% |
| Net earnings | $80.4M | +0.8% | +17% |
| Operating cash flow | $72.2M | -28% | +105% |
| Free cash flow | $29.3M | — | +399% |
What changed
Revenue was $1.2B in Q1 2025, up 16% year over year and up 4% from the previous quarter. Service revenue was the largest line at 99% of revenue. Service revenue added $0.16B year over year (up 16%), 100% of the total change.
Operating profit was $0.10B, a 8.6% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 12% reached operating profit, above the 8% margin then. Total costs grew 15% against revenue growth of 16%. The fastest-growing cost line was Cost of revenue (+16%). Net earnings were $0.08B, up 17% year over year. The effective tax rate was 24.6%.
Operating cash flow was $0.07B (up 105% year over year), 90% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $0.04B left free cash flow of $0.03B.
Questions
What was Ensign Group's revenue in the first quarter 2025?
Ensign Group (ENSG) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), +16% from a year earlier and +4% from the quarter before.
Was Ensign Group profitable in the first quarter 2025?
Operating profit was $101M (8.6% of revenue) and net earnings $80.4M.
Source: Ensign Group 10-Q on SEC EDGAR.