RadNet Inc (RDNT)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 8,819 1,247 18,463 26,744 11,517 13,984 -7,920 -4,367 20,012 16,876 35,524 29,963 36,412 50,090 38,567 17,751 -13,946 -12,757 -17,743 5,194
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
Pretax margin 0.48% 0.07% 1.08% 1.61% 0.71% 0.88% -0.52% -0.30% 1.40% 1.22% 2.61% 2.23% 2.77% 3.88% 3.09% 1.61% -1.30% -1.20% -1.66% 0.45%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $8,819K ÷ $1,823,485K
= 0.48%

RadNet Inc's pretax margin has fluctuated over the past few years. It started at a low of -1.66% in June 2020, showing a negative profitability before taxes. However, the company improved its performance significantly, achieving a positive pretax margin of 3.88% by September 2021.

Subsequently, there was some variability in the pretax margin, with the metric reaching a peak of 3.09% in June 2021 and declining to 0.07% by September 2024. Despite this fluctuation, the company generally maintained positive pretax margins, indicating profitability before accounting for taxes.

It is worth noting that in the last quarter for which data is available (December 2024), RadNet Inc's pretax margin stood at 0.48%, showing a slight improvement from the previous quarter. This indicates that the company continues to generate profits before tax expenses, albeit at a modest level.