Ensign Group (MIL:1ENSG) Operating Income: €402 Mil (TTM As of Jun. 2026)

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MIL:1ENSG Ensign Group Inc MIL:1ENSG
73 GF Score
Price €157.80
GF Value €158.28
Valuation Fairly Valued
! 3 Warning Signs
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What is Ensign Group Operating Income?

Ensign Group MIL:1ENSG +4.50% 73 Operating Income is €402 Mil as of Jun. 2026. GuruFocus rates MIL:1ENSG with a GF Score™ of 73/100 and a GF Value™ of €158.28 (Fairly Valued). The stock has 3 warning signs investors should review.

Ensign Group's Operating Income for the three months ended in Jun. 2026 was €106 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was €402 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ensign Group's Operating Income for the three months ended in Jun. 2026 was €106 Mil. Ensign Group's Revenue for the three months ended in Jun. 2026 was €1,250 Mil. Therefore, Ensign Group's Operating Margin % for the quarter that ended in Jun. 2026 was 8.50%.

Warning Sign:

Ensign Group Inc operating margin has been in a 5-year decline. The average rate of decline per year is -3.8%.

Ensign Group's 5-Year average Growth Rate for Operating Margin % was -3.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ensign Group's annualized ROC % for the quarter that ended in Jun. 2026 was 7.95%. Ensign Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 13.42%.


Ensign Group  (MIL:1ENSG) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Ensign Group's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=425.332 * ( 1 - 25.32% )/( (3816.747 + 4169.184)/ 2 )
=317.6379376/3992.9655
=7.95 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4854.173 - 629.1 - ( 514.826 - max(0, 733.56 - 1141.886+514.826))
=3816.747

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4990.476 - 659.246 - ( 278.493 - max(0, 768.006 - 930.052+278.493))
=4169.184

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Ensign Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=470.828/( ( (3336.766 + max(-2.0399999999998, 0)) + (3680.983 + max(-7.6869999999999, 0)) )/ 2 )
=470.828/( ( 3336.766 + 3680.983 )/ 2 )
=470.828/3508.8745
=13.42 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(573.709 + 0 + 53.351) - (629.1 + 0 + -1.1368683772162E-13)
=-2.0399999999998

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(580.607 + 0 + 70.952) - (659.246 + 0 + 0)
=-7.6869999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Ensign Group's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=106.333/1250.338
=8.50 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Ensign Group Operating Income Related Terms


Ensign Group Operating Income Historical Data

* Premium members only.

The historical data trend for Ensign Group's Operating Income 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.

Ensign Group Operating Income Chart

Ensign Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 230.51 280.20 234.17 342.18 363.21

Ensign Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income 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 90.08 81.98 105.74 108.00 106.33
MIL:1ENSG
73GF Score
Ensign Group Inc MIL:1ENSG
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ensign Group Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €402 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of €402 Mil mean?
Ensign Group (MIL:1ENSG) has a Operating Income of €402 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ensign Group and its competitors.
Is Ensign Group's Operating Income too high?
Ensign Group's current Operating Income is €402 Mil. Overall, Ensign Group has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ensign Group's Operating Income compare to UHS and EHC?
Ensign Group's Operating Income of €402 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Healthcare Providers & Services company?
A good Operating Income depends on the Healthcare Providers & Services industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ensign Group and its competitors. Ensign Group's current Operating Income is €402 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Group stock overvalued right now?
Based on GuruFocus' analysis, Ensign Group (MIL:1ENSG) is currently considered Fairly Valued. The stock's GF Value™ is €158.28, compared to a current price of €157.80 — trading 0.3% below its estimated fair value. The current Operating Income is €402 Mil. Ensign Group's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Ensign Group (MIL:1ENSG), the current Operating Income is €402 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ensign Group (MIL:1ENSG) Overvalued in 2026?

Based on GuruFocus' analysis, Ensign Group stock appears to be undervalued. The current stock price of €157.80 is trading 0.3% below its estimated GF Value™ of €158.28. GuruFocus considers Ensign Group to be Fairly Valued.

Key valuation signals for MIL:1ENSG:

  • Operating Income: €402 Mil
  • GF Value™: €158.28 vs. price of €157.80 (0.3% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the MIL:1ENSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ensign Group Business Description

Other Exchanges ENSG:USAEGB:Germany
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 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 Standard Bearer segment comprises of properties owned by the company through its captive REIT and leased to skilled nursing and assisted living operations. The majority of the revenue is generated from the skilled services segment.
73GF Score

Get the complete analysis for MIL:1ENSG

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€157.80
Price
€158.28
GF Value