Mednax Inc (MD)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -48,359 | 123,974 | 133,921 | 134,442 | 85,141 | 112,413 | 114,023 | 116,929 | 158,205 | 39,023 | -37,733 | -749,446 | -779,760 | -708,016 | -1,922,209 | -1,254,371 | -1,481,130 | -1,412,532 | -74,847 | 34,548 |
| 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 |
| Pretax margin | -2.48% | 6.29% | 6.85% | 6.92% | 4.54% | 6.11% | 6.22% | 6.43% | 8.69% | 2.24% | -2.22% | -43.62% | -36.75% | -27.12% | -63.32% | -36.98% | -43.64% | -41.26% | -2.18% | 0.99% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-48,359K ÷ $1,952,565K
= -2.48%
Pediatrix Medical Group Inc's pretax margin fluctuated over the past eight quarters, ranging from -2.42% to 6.58%. The company experienced negative pretax margins in Q4 2023, marking a decrease from the previous quarter's positive figure of 5.88% in Q3 2023. However, the pretax margin in Q4 2022 was slightly lower at 4.13%. Overall, the pretax margins have exhibited a degree of volatility, albeit showing a general upward trend from Q1 2022 to Q2 2023. The company's ability to generate profits before taxes can be assessed by noting these fluctuations and trend movements in the pretax margin figures.
Peer comparison
Dec 31, 2023