RadNet Inc (RDNT)

Operating 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
Operating income (ttm) US$ in thousands 104,621 104,430 113,770 103,365 98,697 95,965 59,638 54,755 46,365 29,415 55,061 63,181 82,553 98,805 89,610 62,111 35,682 38,552 32,027 53,832
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
Operating profit margin 5.74% 5.89% 6.64% 6.24% 6.11% 6.07% 3.90% 3.70% 3.24% 2.13% 4.04% 4.71% 6.28% 7.66% 7.17% 5.62% 3.33% 3.62% 3.01% 4.62%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $104,621K ÷ $1,823,485K
= 5.74%

RadNet Inc's operating profit margin has fluctuated over the previous five years. The margin started at 4.62% on March 31, 2020, and saw some ups and downs, reaching a low of 2.13% on September 30, 2022. However, there has been an overall increasing trend since then, with the margin climbing to 6.11% on December 31, 2023, and further improving to 6.64% on June 30, 2024. The operating profit margin indicates the company's ability to generate profits from its core business activities after accounting for operating expenses. RadNet Inc's recent trend of improvement in operating profit margin suggests increased efficiency and profitability in its operations, which could be a positive sign for investors and stakeholders.