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| Date | Value |
|---|---|
| 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 |