Ensign Group(US:ENSG) Globenewswire·2025-07-24 20:07Core Insights - The Ensign Group, Inc. reported strong operating results for Q2 2025, with GAAP diluted earnings per share of $1.44, an 18.0% increase year-over-year, and adjusted earnings per share of $1.59, a 20.5% increase year-over-year [1][5][6]. Operating Results - The company achieved record occupancy rates of 82.1% for same facilities and 84.0% for transitioning facilities, reflecting increases of 2.0% and 4.6% respectively compared to the prior year [4][5]. - Skilled daily census increased by 7.4% for same facilities and 13.5% for transitioning facilities compared to the prior year [4][5]. - Total skilled services revenue reached $1.17 billion, marking an 18.4% increase year-over-year [5][38]. Financial Performance - GAAP net income for the quarter was $84.4 million, an 18.9% increase from the prior year, while adjusted net income was $93.3 million, a 22.1% increase [5][6]. - Consolidated revenue for the quarter was $1.23 billion, up 18.5% from the previous year [5][6]. - The company raised its annual earnings guidance for 2025 to between $6.34 and $6.46 per diluted share, reflecting a more than 16% increase over 2024 results [6][7]. Growth and Acquisitions - The company added 52 new operations since the beginning of 2024, with eight new operations added in the latest quarter [7][8]. - Ensign's portfolio now consists of 348 healthcare operations across 17 states, with 146 real estate assets owned [10][11]. - Recent acquisitions include several skilled nursing and senior living facilities in California and Idaho [9][15]. Dividend and Liquidity - The company declared a quarterly cash dividend of $0.0625 per share, continuing its long history of dividend payments [12]. - Ensign maintains strong liquidity with approximately $364.0 million in cash and $592.6 million available under its line of credit [7][12].