Ensign (ENSG) Rent Expense (2017 - 2019)

Ensign (ENSG) posted quarterly Rent Expense of $37.1 million for Q2 2019, up 7.51% year-over-year from $34.5 million in Q2 2018, and up 3.56% quarter-over-quarter from $35.8 million in Q1 2019.

Ensign (ENSG) Rent Expense (2017 - 2019) Analysis & Trends

Ensign (ENSG) has reported Rent Expense for 3 consecutive years, with $37.1 million the latest figure, recorded in Q2 2019.

  • In Q2 2019, Rent Expense rose 7.51% year-over-year to $37.1 million; the TTM figure through Jun 2019 stood at $143.0 million (up 5.36% YoY), while the FY2018 annual figure was $138.5 million, up 5.0% from the prior year.
  • Rent Expense improved to $37.1 million in Q2 2019 per ENSG's latest filing, from $35.8 million in the prior quarter.
  • Across five years, Rent Expense topped out at $37.1 million in Q2 2019 and bottomed at $33.7 million in Q4 2017.
  • Historically, Rent Expense has averaged $34.8 million across 3 years, with a median of $34.7 million in 2018.
  • Annual changes were most pronounced in 2018 — Rent Expense advanced 3.16% — and 2019, when it gained 7.51%.
  • Ensign's Rent Expense stood at $33.7 million in 2017, then gained by 5.01% to $35.3 million in 2018, then increased by 4.87% to $37.1 million in 2019.
  • Business Quant data shows ENSG's Rent Expense at $37.1 million in Q2 2019, $35.8 million in Q1 2019, and $35.3 million in Q4 2018.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn -
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn -
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn -
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn -
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn -
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 38.48 Mn
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 94.70 Mn
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn -
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn -
10 Option Care Health 3.59 Bn 3.39 Bn 267.25 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2019 37.06 Mn
Jun 30, 2019 37.06 Mn
Mar 31, 2019 35.79 Mn
Mar 31, 2019 35.79 Mn
Dec 31, 2018 35.34 Mn
Dec 31, 2018 35.34 Mn
Sep 30, 2018 34.85 Mn
Sep 30, 2018 34.85 Mn
Jun 30, 2018 34.47 Mn
Jun 30, 2018 34.47 Mn
Mar 31, 2018 33.85 Mn
Mar 31, 2018 33.85 Mn
Dec 31, 2017 33.65 Mn
Dec 31, 2017 33.65 Mn
Sep 30, 2017 33.78 Mn
Sep 30, 2017 33.78 Mn