RadNet Inc (RDNT)

Pretax margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) US$ in thousands 8,819 11,517 20,011 39,287 -13,945
Revenue US$ in thousands 1,823,480 1,616,630 1,430,060 1,315,080 1,071,840
Pretax margin 0.48% 0.71% 1.40% 2.99% -1.30%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $8,819K ÷ $1,823,480K
= 0.48%

The pretax margin of RadNet Inc has shown fluctuations over the years based on the provided data.

As of December 31, 2020, the company had a negative pretax margin of -1.30%, indicating that its operating expenses were higher than its revenue before accounting for taxes.

By December 31, 2021, RadNet Inc managed to improve its pretax margin to 2.99%, reflecting better control over costs or potentially increased revenue generation.

However, in the subsequent years, the pretax margin declined to 1.40% by December 31, 2022, further dropping to 0.71% by December 31, 2023, and reaching 0.48% by December 31, 2024.

These fluctuations in the pretax margin may suggest varying levels of operational efficiency, profitability, or financial performance for RadNet Inc during the analyzed period. Further analysis of the company's financial health and strategic decisions would be necessary to understand the underlying reasons for these changes.