R1 RCM Inc (RCM)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 147,900 | 95,000 | 58,600 | -12,800 |
| Revenue (ttm) | US$ in thousands | 2,252,500 | 2,210,500 | 2,352,200 | 2,406,800 |
| Operating profit margin | 6.57% | 4.30% | 2.49% | -0.53% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $147,900K ÷ $2,252,500K
= 6.57%
The operating profit margin of R1 RCM Inc. has fluctuated over the past eight quarters, ranging from a high of 13.87% in Q2 2022 to a low of 8.96% in Q2 2023. The trend shows a general decrease in operating profit margin from Q2 2022 to Q2 2023, with a slight uptick in Q4 2023 compared to the preceding quarter. This indicates some volatility in the company's ability to generate profit from its core operations. Overall, while the operating profit margin remains above 8% in most quarters, management may need to focus on strategies to improve operational efficiency and profitability to ensure sustainable growth in the future.
Peer comparison
Dec 31, 2023