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Ensign Group (Ensign Group) Retained Earnings : $1,143 Mil (As of Dec. 2023)


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What is Ensign Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ensign Group's retained earnings for the quarter that ended in Dec. 2023 was $1,143 Mil.

Ensign Group's quarterly retained earnings increased from Jun. 2023 ($1,064 Mil) to Sep. 2023 ($1,124 Mil) and increased from Sep. 2023 ($1,124 Mil) to Dec. 2023 ($1,143 Mil).

Ensign Group's annual retained earnings increased from Dec. 2021 ($734 Mil) to Dec. 2022 ($946 Mil) and increased from Dec. 2022 ($946 Mil) to Dec. 2023 ($1,143 Mil).


Ensign Group Retained Earnings Historical Data

The historical data trend for Ensign Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ensign Group Retained Earnings Chart

Ensign Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 391.52 551.06 733.99 946.34 1,142.65

Ensign Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 946.34 1,002.98 1,063.74 1,124.36 1,142.65

Ensign Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Ensign Group  (NAS:ENSG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Ensign Group (Ensign Group) Business Description

Traded in Other Exchanges
Address
29222 Rancho Viejo Road, Suite 127, San Juan Capistrano, CA, USA, 92675
Ensign Group Inc provides post-acute healthcare services in the United States. Its regional subsidiaries oversee skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care operations. Medicare and Medicaid programs contribute a majority of revenue received for Ensign's services. The firm operates through two segments, Skilled services, and Standard Bearer. The skilled services segment includes the operation of skilled nursing facilities and rehabilitation therapy services. The real estate segment comprises of properties owned by the company and leased to skilled nursing and assisted living operations. The majority of the revenue is generated from the services segment.
Executives
Daren Shaw director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Spencer Burton officer: President and COO 29222 RANCHO VIEJO ROAD, SUITE 127, SAN JUAN CAPISTRANO CA 92675
Ann Scott Blouin director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Chad Keetch officer: Executive Vice President 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Christopher R. Christensen director, 10 percent owner, officer: President & CEO 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Suzanne D. Snapper officer: CFO 27101 PUERTA REAL, STE 450, MISSION VIEJO CA 92691
John O Agwunobi director 4800 NORTH SCOTTSDALE ROAD, SCOTTSDALE AZ 85251
Lee A Daniels director 5152 N. EDGEWOOD DRIVE, SUITE 375, PROVO UT 84604
Beverly B. Wittekind officer: VP & General Counsel 27101 PUERTA REAL, STE 450, MISSION VIEJO CA 92691
Barry Port officer: President of a subsidiary 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
John G. Nackel director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Swati Bargotra Abbott director 4800 NORTH SCOTTSDALE ROAD, SUITE 4400, SCOTTSDALE AZ 85251
Antoinette T. Hubenette director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Malene Davis director 50 F. STREET, NW, SUITE 3300, WASHINGTON DC 92691
Roy E Christensen director, 10 percent owner, officer: Chairman of the Board 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691