Mednax Inc (MD)

Operating profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Operating income US$ in thousands 7,321 172,688 202,918 98,132 171,756
Revenue US$ in thousands 1,952,560 1,875,310 1,820,660 1,623,470 3,394,160
Operating profit margin 0.37% 9.21% 11.15% 6.04% 5.06%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $7,321K ÷ $1,952,560K
= 0.37%

Pediatrix Medical Group Inc's operating profit margin has exhibited varying levels over the past five years. The trend shows a decline from 11.63% in 2019 to 7.91% in 2023, with noticeable fluctuations in between. While the company enjoyed a relatively higher operating profit margin in 2021 at 11.39%, it experienced a drop in subsequent years. This may indicate challenges in maintaining efficient cost management or generating sufficient revenues to cover operating expenses. Further analysis is required to understand the specific factors contributing to these fluctuations and to assess the overall financial health and operational efficiency of the company.


Peer comparison

Dec 31, 2023

Company name
Symbol
Operating profit margin
Mednax Inc
MD
0.37%
Encompass Health Corp
EHC
17.37%
Select Medical Holdings
SEM
8.59%