Tue, Apr 29, 8:04 PM (12 days ago)
### **The Ensign Group, Inc. (ENSG) - Q1 2025 Financial Summary** **Overview:** The Ensign Group, Inc. (ENSG) reported strong financial performance for the first quarter of 2025, with notable increases in revenue, earnings, and operational metrics. The company's strategic initiatives, including acquisitions and operational expansions, contributed to its robust growth. **Financial Performance:** - **Revenue:** Total revenue increased by $162.9 million, or 16.1%, to $1,173.0 million compared to the same period in 2024. This growth was driven by increased occupancy, higher daily revenue rates, and the impact of acquisitions. - **Net Income:** Net income attributable to The Ensign Group, Inc. grew by 15.1%, from $68.8 million to $80.3 million. - **Earnings per Share (EPS):** Diluted GAAP earnings per share increased from $1.19 to $1.37. **Operational Metrics:** - **Occupancy:** Same Facilities occupancy increased by 2.9% to 82.6%, and Transitioning Facilities occupancy rose by 5.0% to 83.5%, highlighting the company's ability to attract and retain patients. - **Acquisitions:** The company added 13 new operations, including skilled nursing, senior living, and campus facilities, expanding its operational footprint and enhancing its service offerings. **Segment Performance:** - **Skilled Services:** Revenue increased by $154.0 million, or 15.9%, driven by strong occupancy performance and higher revenue per patient day. - **Standard Bearer:** Rental revenue increased by $6.2 million, or 27.9%, due to real estate purchases and annual rent increases. Funds from Operations (FFO) rose by $3.0 million, or 21.1%. **Cash Flow and Liquidity:** - **Operating Cash Flow:** Net cash provided by operating activities increased by $36.9 million due to improved operational performance and timing of payments. - **Investing Activities:** Cash used in investing activities increased by $209.1 million due to acquisitions and capital expenditures. - **Financing Activities:** Cash used in financing activities increased by $11.9 million due to share repurchases. **Future Outlook:** The company's strong first-quarter performance is a testament to its strategic initiatives and operational excellence. With continued focus on acquisitions, occupancy growth, and operational efficiency, The Ensign Group, Inc. is well-positioned to maintain its growth trajectory and deliver value to shareholders. The company's robust liquidity and strategic financial management will support its ongoing operations and future growth plans.