ENSIGN GROUP, INC reported results for the period ending 2026 with revenue of $1.43B and diluted EPS of $1.68, reflecting year‑over‑year growth driven by higher skilled services occupancy, acquisitions and improved reimbursement mix.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.43B$1.22B17.3% | Net income²$99.74M$84.4M18.2% | Diluted EPS³$1.68$1.4416.7% |
¹ Reported as “Service revenue”. ² Reported as “Net Income Attributable To The Ensign Group, Inc.”. ³ Reported as “Diluted income Per Share Attributable To The Ensign Group Inc.”.
Business Highlights
- Revenue growth of roughly 17% YoY was driven by skilled services occupancy gains and acquisitions that increased patient days and rates.
- Skilled mix rose to about 50% of skilled revenue, with higher Medicare/managed care acuity improving reimbursement mix.
- Added 23 operations (2,724 beds) in H1 2026 and completed 46 expansions year‑to‑date; Texas became the largest market with 105 facilities.
- Same‑facility occupancy improved by approximately 2.6 percentage points; transitioning facilities showed double‑digit patient day and margin improvement.
- Standard Bearer, the captive REIT, added about $375M in assets (18 properties) to support owned-asset growth and operator leases.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.