RadNet Inc (RDNT)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 104,621 98,697 46,363 82,554 35,684
Revenue US$ in thousands 1,823,480 1,616,630 1,430,060 1,315,080 1,071,840
Operating profit margin 5.74% 6.11% 3.24% 6.28% 3.33%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $104,621K ÷ $1,823,480K
= 5.74%

RadNet Inc's operating profit margin has shown some fluctuations over the past five years. It increased from 3.33% as of December 31, 2020, to 6.28% as of December 31, 2021, indicating an improvement in the company's ability to generate profits from its core operations. However, the margin dipped slightly to 3.24% as of December 31, 2022, before rebounding to 6.11% as of December 31, 2023. In the most recent period, as of December 31, 2024, the operating profit margin stood at 5.74%.

Overall, RadNet Inc has managed to maintain a relatively stable operating profit margin range between 3% to 6% over the five-year period. This suggests that the company has been able to effectively manage its operating expenses and generate profits from its primary business activities. It would be important for stakeholders to monitor future trends in the operating profit margin to assess the company's operational efficiency and profitability.