Mednax Inc (MD)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 146,253 | -4,528 | 1,917 | 1,652 | 7,321 | 174,828 | 181,943 | 183,600 | 192,667 | 204,655 | 216,061 | 215,922 | 202,918 | 167,218 | 128,884 | 113,776 | 100,790 | 133,236 | -1,246,983 | -1,201,391 |
| 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 |
| Operating profit margin | 7.27% | -0.23% | 0.10% | 0.08% | 0.37% | 8.69% | 9.12% | 9.27% | 9.77% | 10.46% | 11.02% | 11.09% | 10.62% | 9.14% | 7.17% | 6.21% | 4.51% | 4.90% | -39.60% | -34.24% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $146,253K ÷ $2,012,919K
= 7.27%
Based on the data provided, Mednax Inc's operating profit margin has shown fluctuating performance over the time period from March 31, 2020, to December 31, 2024.
- The operating profit margin started at a negative level in March 2020 and June 2020, indicating that the company was operating at a loss during that period.
- Subsequently, there was a significant turnaround as the operating profit margin improved to positive levels in September 2020 and December 2020, signifying profitability.
- The trend of profitability continued to strengthen from March 2021 to June 2022, with the operating profit margin steadily increasing and reaching double-digit percentages by December 2021.
- However, there was a slight decline in the operating profit margin in the following periods, though it remained relatively stable above 8% until December 2023.
- A notable decrease in the operating profit margin was observed in December 2023 and a sharp decline in the following periods up to September 2024, where the margin turned negative.
- The operating profit margin recovered in December 2024, showing a significant improvement compared to the previous two quarters.
Overall, Mednax Inc's operating profit margin exhibited a mix of positive and negative performance trends, indicating variability in the company's profitability during the period under review.
Peer comparison
Dec 31, 2024