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