Mednax Inc (MD)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -99,069 | -253,836 | -233,004 | -51,697 | -41,526 | 112,420 | 102,875 | 101,729 | 66,578 | 84,435 | 84,502 | 92,377 | 130,964 | 19,152 | -52,687 | -760,134 | -796,488 | -722,861 | -1,937,737 | -1,273,546 |
| Revenue (ttm) | US$ in thousands | 2,012,919 | 2,006,998 | 2,002,452 | 1,998,733 | 1,994,640 | 2,012,041 | 1,995,344 | 1,980,800 | 1,972,021 | 1,956,707 | 1,959,741 | 1,946,667 | 1,911,191 | 1,829,291 | 1,796,977 | 1,833,221 | 2,232,386 | 2,721,131 | 3,149,171 | 3,508,277 |
| Net profit margin | -4.92% | -12.65% | -11.64% | -2.59% | -2.08% | 5.59% | 5.16% | 5.14% | 3.38% | 4.32% | 4.31% | 4.75% | 6.85% | 1.05% | -2.93% | -41.46% | -35.68% | -26.56% | -61.53% | -36.30% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-99,069K ÷ $2,012,919K
= -4.92%
Net profit margin is a key financial ratio that indicates the percentage of revenue that translates into profit after all expenses have been deducted. For Mednax Inc, the net profit margin has shown a fluctuating trend over the past few quarters.
From March 31, 2020, to June 30, 2021, the company experienced negative net profit margins ranging from -36.30% to -2.93%, indicating that Mednax was not generating sufficient profits relative to its revenue during this period. However, there was a notable improvement in profitability from September 30, 2021, onwards, with the net profit margin turning positive and gradually increasing to 5.59% by September 30, 2023. This upward trend suggests that the company was able to control costs and improve operational efficiency, resulting in a more favorable profit margin.
Despite the positive trend observed in the latter part of the analysis period, the net profit margin dipped back into negative territory by the end of December 31, 2024, at -4.92%. This decrease may indicate challenges faced by Mednax in managing expenses or generating sufficient profits relative to its revenue.
In conclusion, the analysis of Mednax Inc's net profit margin reveals both positive and challenging aspects of the company's profitability performance. It is essential for the company to focus on maintaining a sustainable level of profitability to ensure long-term financial health and growth.
Peer comparison
Dec 31, 2024