Ensign Group 2023 adjusted EPS up 15.2%; GAAP EPS falls on litigation charge
Ensign Group reported fourth-quarter and full-year 2023 results, with revenue up 23.3% for the year and adjusted diluted EPS up 15.2%. GAAP diluted EPS fell from the prior year because of litigation costs outside the ordinary course of business, and the company issued 2024 guidance calling for diluted EPS of $5.29 to $5.47 and revenue of $4.13 billion to $4.17 billion.
Key points
- Full-year 2023 total revenue was $3.73 billion, up 23.3%; fourth-quarter revenue was $980.4 million, up 21.1%.
- Full-year GAAP diluted EPS was $3.65 versus $3.95 in 2022; adjusted diluted EPS was $4.77, up 15.2%.
- Fourth-quarter GAAP diluted EPS was $0.38 versus $1.06, including $58.8 million of litigation costs that the company excludes from adjusted results.
- 2024 guidance: diluted EPS of $5.29 to $5.47 and revenue of $4.13 billion to $4.17 billion.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 01, 2024.
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