Mednax Inc (MD)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -68,713 | 7,321 | 172,688 | 202,918 | 173,518 |
| Revenue | US$ in thousands | 2,012,920 | 1,994,640 | 1,972,020 | 1,911,190 | 1,733,950 |
| Operating profit margin | -3.41% | 0.37% | 8.76% | 10.62% | 10.01% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-68,713K ÷ $2,012,920K
= -3.41%
Mednax Inc's operating profit margin has fluctuated over the past five years. In 2020, the operating profit margin was at 10.01%, indicating that the company was efficiently generating profits from its operations. By the end of 2021, the operating profit margin slightly improved to 10.62%, suggesting a positive trend in profitability.
However, there was a noticeable decline in 2022, with the operating profit margin dropping to 8.76%. This decrease may raise concerns about the company's ability to control costs and maintain profitability. The situation worsened in 2023, as the operating profit margin dramatically fell to 0.37%, indicating significant challenges in generating profits from operations.
By the end of 2024, the operating profit margin showed a significant negative turn, reaching -3.41%. This sharp decline raises serious concerns about Mednax Inc's operational efficiency and profitability, highlighting potential issues that require immediate attention and strategic interventions to reverse the negative trend.
Peer comparison
Dec 31, 2024