ENSIGN GROUP, INC 8-K
Research Summary
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The Ensign Group Reports Q4 and Full-Year 2025 Results
What Happened
The Ensign Group, Inc. (ENSG) announced on February 4, 2026 that it issued a press release reporting its financial results for the fourth quarter and year ended December 31, 2025 (attached as Exhibit 99.1 to the 8‑K). The release presents both GAAP results and a range of supplemental non‑GAAP measures, including Adjusted Net Income, Adjusted EPS, EBITDA, Adjusted EBITDA, Adjusted EBITDAR, Adjusted EBT, and Funds From Operations (FFO) for its real estate segment.
Key Details
- Filing date: February 4, 2026; results cover quarter and year ended December 31, 2025.
- Non‑GAAP measures disclosed: Adjusted Net Income, Adjusted EPS, EBITDA, Adjusted EBITDA, Adjusted EBITDAR, Adjusted EBT, and FFO for the Standard Bearer (real estate) segment.
- Definitions/highlights included: EBITDA = net income before interest income, income taxes, depreciation & amortization, and interest expense; Adjusted EBITDA and Adjusted EBITDAR exclude items such as stock‑based compensation, acquisition costs, system implementation costs and certain litigation or one‑time gains/losses; FFO excludes real‑estate depreciation, gains/losses on property sales, insurance recoveries and impairments.
- Company warns non‑GAAP measures are supplemental, may not be comparable to peers, and should not replace GAAP results; reconciliations and further detail are available in its SEC filings and investor relations materials.
Why It Matters
Investors get the company’s official Q4 and full‑year 2025 performance update plus management’s view of underlying operating results using non‑GAAP metrics. These supplemental measures can help assess operating trends by excluding certain non‑cash or one‑time items, but the company cautions they have limitations and should be reviewed alongside GAAP figures and reconciliations in the full filings.