Mednax Inc (MD)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 7,321 | 154,849 | 161,964 | 163,621 | 172,688 | 204,655 | 216,061 | 215,922 | 202,918 | 167,218 | 128,884 | 113,433 | 98,132 | 105,971 | 134,080 | 142,570 | 171,756 | 237,165 | 292,805 | 372,143 |
| Revenue (ttm) | US$ in thousands | 1,952,565 | 1,970,095 | 1,954,256 | 1,942,533 | 1,875,310 | 1,838,785 | 1,833,740 | 1,819,476 | 1,820,657 | 1,742,618 | 1,700,649 | 1,718,227 | 2,121,961 | 2,610,331 | 3,035,720 | 3,392,011 | 3,394,161 | 3,423,711 | 3,439,807 | 3,496,892 |
| Operating profit margin | 0.37% | 7.86% | 8.29% | 8.42% | 9.21% | 11.13% | 11.78% | 11.87% | 11.15% | 9.60% | 7.58% | 6.60% | 4.62% | 4.06% | 4.42% | 4.20% | 5.06% | 6.93% | 8.51% | 10.64% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $7,321K ÷ $1,952,565K
= 0.37%
Pediatrix Medical Group Inc's operating profit margin has exhibited a declining trend over the last six quarters, starting at 11.68% in Q1 2022 and decreasing to 7.91% in Q4 2023. This indicates that the company's profitability from its core operations has gradually eroded over the period under review. A lower operating profit margin could be a red flag signaling decreased efficiency in cost management or pricing strategies. It is imperative for investors and stakeholders to delve deeper into the company's financials to ascertain the root cause behind this downward trend and assess the sustainability of the business in the long term.
Peer comparison
Dec 31, 2023