RadNet Inc (RDNT)

Net 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
Net income (ttm) US$ in thousands 2,793 -4,412 9,919 21,270 3,044 3,969 -12,903 -13,367 10,651 7,763 23,315 18,283 24,728 34,508 24,444 10,977 -14,839 -10,399 -13,360 2,133
Revenue (ttm) US$ in thousands 1,823,485 1,772,946 1,713,772 1,657,773 1,616,630 1,580,123 1,528,199 1,478,859 1,430,062 1,379,335 1,361,981 1,341,524 1,315,076 1,289,862 1,248,948 1,105,596 1,071,841 1,064,746 1,065,662 1,164,193
Net profit margin 0.15% -0.25% 0.58% 1.28% 0.19% 0.25% -0.84% -0.90% 0.74% 0.56% 1.71% 1.36% 1.88% 2.68% 1.96% 0.99% -1.38% -0.98% -1.25% 0.18%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,793K ÷ $1,823,485K
= 0.15%

RadNet Inc's net profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The company experienced negative net profit margins in the second half of 2020 and the first half of 2023, indicating that expenses exceeded revenues during those periods.

However, the net profit margin improved in the following periods, showing positive figures in most quarters. Particularly, the company's net profit margin saw significant increases in the second half of 2021 and the first quarter of 2024. This improvement suggests that RadNet Inc was able to effectively control costs and generate higher profits relative to its revenue during those periods.

Overall, although there were periods of negative net profit margins, RadNet Inc managed to enhance its profitability over the analyzed period, with positive net profit margins in several quarters. It is essential for the company to maintain a focus on cost management and revenue growth to sustain and improve its profitability in the future.