RadNet Inc (RDNT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 93.36% | 93.38% | 93.36% | 93.22% | 93.06% | 93.02% | 92.84% | 92.72% | 92.68% | 93.40% | 93.32% | 93.21% | 93.06% | 93.07% | 92.81% | 91.82% | 91.58% | 75.76% | 51.96% | 34.92% |
| 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% |
| 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% |
| 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% |
RadNet Inc's profitability ratios show a consistent improvement over the years. The gross profit margin has steadily increased, reaching 93.36% by December 31, 2024, indicating the company's ability to efficiently generate profit from its revenue.
Similarly, the operating profit margin has shown a mixed trend but generally improved, fluctuating between 2.13% and 7.66% over the period. This ratio reflects the company's operational efficiency in managing its expenses to generate profit.
The pretax margin, although volatile, has shown a positive trend overall, indicating the company's ability to generate pre-tax profit relative to its total revenue. It varied between -1.66% and 3.88%, peaking at the end of September 2021.
The net profit margin also demonstrates an improving trend, although it fluctuated between negative and positive values. It ranged from -1.38% to 2.68%, showing RadNet's ability to translate its revenue into net income, with a notable improvement by September 2021.
Overall, RadNet Inc's profitability ratios reflect a positive trajectory, with increasing margins over the years, indicating improved efficiency and profitability in its operations.
Return on investment
| 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 return on assets (Operating ROA) | 3.18% | 3.19% | 3.52% | 3.48% | 3.67% | 3.57% | 2.20% | 2.27% | 1.90% | 1.31% | 2.46% | 2.95% | 4.01% | 4.84% | 4.41% | 3.40% | 2.00% | 2.24% | 1.87% | 3.17% |
| Return on assets (ROA) | 0.08% | -0.13% | 0.31% | 0.72% | 0.11% | 0.15% | -0.48% | -0.55% | 0.44% | 0.35% | 1.04% | 0.85% | 1.20% | 1.69% | 1.20% | 0.60% | -0.83% | -0.61% | -0.78% | 0.13% |
| Return on total capital | 5.52% | 5.52% | 6.04% | 6.13% | 6.84% | 6.56% | 4.14% | 4.64% | 3.95% | 2.81% | 5.24% | 6.08% | 8.49% | 10.17% | 9.47% | 7.89% | 4.58% | 4.91% | 4.09% | 6.36% |
| Return on equity (ROE) | 0.31% | -0.49% | 1.13% | 2.44% | 0.48% | 0.64% | -2.18% | -4.08% | 3.20% | 2.48% | 7.47% | 6.12% | 10.80% | 15.35% | 12.40% | 5.95% | -8.95% | -6.61% | -9.04% | 1.73% |
RadNet Inc's profitability ratios show fluctuating performance over the quarters analyzed.
1. Operating Return on Assets (Operating ROA) ranged from a low of 1.31% in September 2022 to a high of 4.84% in September 2021. The ratio generally improved in the later quarters of the data period, albeit with some fluctuations.
2. Return on Assets (ROA) had negative values in some quarters, indicating challenges in generating profits from its assets. The ratio improved over time, reaching 0.72% in March 2024 after hitting a low of -0.83% in December 2020.
3. Return on Total Capital ranged from 2.81% in September 2022 to 10.17% in September 2021. The company's ability to generate returns from all capital sources varied but generally showed an upward trend in the later quarters.
4. Return on Equity (ROE) was negative in several quarters, suggesting challenges in generating returns for shareholders. The ratio improved over time, with peaks in the range of 15.35% in September 2021 and lower values in the last quarters of the data period.
Overall, RadNet's profitability ratios indicate varying levels of efficiency and effectiveness in utilizing its assets and capital to generate profits and returns for both the company and its shareholders.