R1 RCM Inc (RCM)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,300 | -29,000 | -59,000 | -85,700 |
| Revenue (ttm) | US$ in thousands | 2,252,500 | 2,210,500 | 2,352,200 | 2,406,800 |
| Net profit margin | 0.15% | -1.31% | -2.51% | -3.56% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,300K ÷ $2,252,500K
= 0.15%
The net profit margin of R1 RCM Inc. has fluctuated over the past eight quarters. In Q4 2023, it stood at 0.15%, indicating that the company generated a profit of 0.15 cents for every dollar of revenue. This was a significant improvement compared to the previous quarter, Q3 2023, when the company incurred a loss with a net profit margin of -1.59%.
However, it is important to note that the net profit margins in Q2 2023 and Q1 2023 were -3.09% and -4.41% respectively, indicating consecutive quarters of losses for the company. This downward trend contrasts with the positive performance in Q2 2022 and Q1 2022, where the net profit margins were 3.98% and 6.64% respectively, showing healthy profitability levels during that period.
Overall, the fluctuating net profit margins suggest that R1 RCM Inc. has experienced some challenges in maintaining consistent profitability, possibly due to various factors such as changes in expenses, revenue streams, or operational efficiency. Further analysis and monitoring of the company's financial performance are recommended to gain a deeper understanding of the factors driving these fluctuations.
Peer comparison
Dec 31, 2023