Ensign (ENSG) Operating Expenses (2010 - 2026)
Ensign's Operating Expenses came in at $1.32 billion for Q2 2026, up 17.3% from $1.12 billion a year earlier and up 4.2% from the prior quarter.
Ensign (ENSG) Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ensign reported Operating Expenses of $5.02 billion, up 19.0% year-over-year; for FY2025, it was $4.63 billion, up 18.7% from FY2024.
- Operating Expenses has increased in each of the last eight years, with a five-year compound annual growth rate of 16.3% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $3.9 billion in FY2024 (+12.3%), $3.47 billion in FY2023 (+27.3%), $2.73 billion in FY2022 (+15.3%) and $2.37 billion in FY2021 (+8.6%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q2 2010.
- Year-over-year, Operating Expenses has increased for 27 consecutive quarters, with growth averaging 16.6% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 7.7% in Q4 2024 to 30.4% in Q4 2023.
- Business Quant data shows ENSG's Operating Expenses at $1.26 billion (Q1 2026), $1.24 billion (Q4 2025) and $1.2 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 17.74 Bn |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | 828.54 Mn |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 2.58 Bn |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 582.30 Mn |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | 464.10 Mn |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | - |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | 458.40 Mn |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 1.31 Bn |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 2.98 Bn |
| 10 | Ensign | 10.23 Bn | 8.24 Bn | 306.24 Mn | 1.32 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32 Bn |
| Mar 31, 2026 | 1.26 Bn |
| Dec 31, 2025 | 1.24 Bn |
| Sep 30, 2025 | 1.20 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 992.44 Mn |
| Jun 30, 2024 | 950.31 Mn |
| Mar 31, 2024 | 927.95 Mn |
| Dec 31, 2023 | 957.55 Mn |
| Sep 30, 2023 | 861.00 Mn |
| Jun 30, 2023 | 843.47 Mn |
| Mar 31, 2023 | 811.97 Mn |
| Dec 31, 2022 | 734.34 Mn |
| Sep 30, 2022 | 695.72 Mn |
| Jun 30, 2022 | 654.25 Mn |
| Mar 31, 2022 | 644.34 Mn |
| Dec 31, 2021 | 627.53 Mn |
| Sep 30, 2021 | 602.21 Mn |
Ensign Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ENSG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ENSG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ENSG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();