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RadNet (RDNT) Financials

RadNet logo
$57.78 +2.59 (+4.69%)
Closing price 05/30/2025 04:00 PM Eastern
Extended Trading
$57.65 -0.13 (-0.22%)
As of 05/30/2025 07:17 PM Eastern
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Annual Income Statements for RadNet

Annual Income Statements for RadNet

This table shows RadNet's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders		 2.79 3.04 11 25 -15 15 32 0.05 7.23 7.71
Consolidated Net Income / (Loss)		 39 30 34 44 -1.75 23 38 2.08 8.00 8.64
Net Income / (Loss) Continuing Operations		 39 30 34 44 -1.75 23 38 2.08 8.00 8.64
Total Pre-Tax Income 		45 39 43 59 -0.85 30 39 26 12 15
Total Operating Income		 105 99 46 83 36 70 31 50 38 39
Total Gross Profit		 249 221 166 201 132 1,154 975 120 109 101
Total Revenue		 1,830 1,617 1,430 1,324 1,098 1,154 975 922 885 846
Operating Revenue		 1,830 1,617 1,430 1,324 1,098 1,154 975 922 885 846
Total Cost of Revenue		 1,581 1,395 1,264 1,123 966 0.00 0.00 802 776 744
Operating Cost of Revenue		 1,581 1,395 1,264 1,123 966 - - 802 776 708
Total Operating Expenses		 144 123 119 118 97 1,084 944 70 70 62
Depreciation Expense		 138 128 116 97 87 81 73 67 67 61
Other Operating Expenses / (Income)		 1.90 -13 0.95 0.74 4.35 1.62 1.93 1.82 2.88 0.75
Other Special Charges / (Income)		 4.75 7.33 2.53 21 1.20 2.38 -2.05 1.14 0.77 0.87
Total Other Income / (Expense), net		 -60 -60 -3.39 -24 -37 -40 7.64 -24 -26 -24
Interest Expense		 80 64 51 49 46 47 43 41 43 42
Interest & Investment Income		 14 6.43 10 11 7.95 8.35 11 14 9.77 8.93
Other Income / (Expense), net		 5.62 -1.83 37 14 1.40 -1.28 40 3.40 7.64 8.29
Income Tax Expense		 6.03 8.47 9.36 15 0.90 6.23 0.39 24 4.43 6.01
Net Income / (Loss) Attributable to Noncontrolling Interest		 36 27 23 20 13 8.68 5.89 2.02 0.77 0.93
Basic Earnings per Share		 $0.04 $0.05 $0.19 $0.47 ($0.29) $0.30 $0.67 $0.00 $0.16 $0.18
Weighted Average Basic Shares Outstanding		 73.04M 63.58M 56.29M 52.50M 50.89M 49.67M 48.11M 46.88M 46.24M 43.81M
Diluted Earnings per Share		 $0.04 $0.05 $0.17 $0.46 ($0.29) $0.29 $0.66 $0.00 $0.15 $0.17
Weighted Average Diluted Shares Outstanding		 74.76M 64.66M 57.32M 53.42M 50.89M 50.24M 48.68M 47.40M 46.66M 45.17M
Weighted Average Basic & Diluted Shares Outstanding		 74.04M 68.48M 57.84M 56.18M 52.27M 50.69M 50.07M 48.23M 45.20M 42.80M

Quarterly Income Statements for RadNet

This table shows RadNet's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 5.35 3.21 -2.98 -2.78 -1.86 18 8.37 -21 -0.94 0.67
Consolidated Net Income / (Loss)		 14 12 6.95 5.41 6.00 24 15 -14 4.97 6.45
Net Income / (Loss) Continuing Operations		 14 12 6.95 5.41 6.00 24 15 -14 4.97 6.45
Total Pre-Tax Income 		15 17 9.40 3.55 6.73 31 14 -13 7.24 8.64
Total Operating Income		 25 34 35 11 24 43 24 6.67 22 6.92
Total Gross Profit		 66 69 70 44 64 60 59 39 54 36
Total Revenue		 477 461 460 432 420 402 404 391 384 350
Operating Revenue		 477 461 460 432 420 402 404 391 384 350
Total Cost of Revenue		 411 392 390 388 357 342 345 352 330 314
Operating Cost of Revenue		 411 392 390 388 357 342 345 352 330 314
Total Operating Expenses		 41 35 35 33 39 17 34 32 33 29
Depreciation Expense		 36 35 34 32 33 32 32 31 31 29
Other Operating Expenses / (Income)		 1.11 0.30 0.27 0.23 0.62 -16 1.87 0.13 0.45 0.20
Other Special Charges / (Income)		 4.02 0.15 0.40 0.19 6.15 0.53 0.08 0.58 1.57 -0.25
Total Other Income / (Expense), net		 -9.20 -17 -25 -7.79 -18 -12 -10 -20 -14 1.71
Interest Expense		 9.31 19 35 16 17 16 16 16 15 12
Interest & Investment Income		 3.16 3.60 3.39 4.32 2.49 1.08 1.42 1.43 2.04 3.09
Other Income / (Expense), net		 -3.05 -1.49 6.01 4.15 -3.49 3.07 4.12 -5.53 -0.96 11
Income Tax Expense		 1.10 4.34 2.46 -1.86 0.73 7.22 -0.61 1.14 2.27 2.19
Net Income / (Loss) Attributable to Noncontrolling Interest		 8.88 9.05 9.93 8.19 7.86 6.53 6.19 6.72 5.90 5.78
Basic Earnings per Share		 $0.08 $0.04 ($0.04) ($0.04) $0.01 $0.26 $0.14 ($0.36) ($0.01) $0.01
Weighted Average Basic Shares Outstanding		 73.04M 73.49M 73.42M 69.31M 63.58M 67.79M 59.88M 57.70M 56.29M 56.74M
Diluted Earnings per Share		 $0.08 $0.04 ($0.04) ($0.04) $0.04 $0.25 $0.12 ($0.36) ($0.02) $0.01
Weighted Average Diluted Shares Outstanding		 74.76M 75.17M 73.42M 69.31M 64.66M 68.81M 60.92M 57.70M 57.32M 57.65M
Weighted Average Basic & Diluted Shares Outstanding		 74.04M 74.03M 73.96M 73.88M 68.48M 67.89M 67.77M 58.35M 57.84M 57.36M

Annual Cash Flow Statements for RadNet

This table details how cash moves in and out of RadNet's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents		 397 215 -6.77 33 62 30 -41 31 20 0.14
Net Cash From Operating Activities		 233 221 146 149 234 104 117 142 92 67
Net Cash From Continuing Operating Activities		 233 221 146 149 234 104 117 142 92 67
Net Income / (Loss) Continuing Operations		 39 30 34 44 -1.75 23 38 2.08 8.00 8.64
Consolidated Net Income / (Loss)		 39 30 34 44 -1.75 23 38 2.08 8.00 8.64
Depreciation Expense		 138 128 116 97 87 81 73 67 67 61
Amortization Expense		 12 6.56 6.38 81 76 71 3.90 3.48 5.05 5.37
Non-Cash Adjustments To Reconcile Net Income		 36 37 20 -31 16 -57 -17 48 40 38
Changes in Operating Assets and Liabilities, net		 8.38 19 -30 -41 57 -14 18 22 -28 -45
Net Cash From Investing Activities		 -233 -201 -247 -222 -126 -99 -147 -79 -65 -97
Net Cash From Continuing Investing Activities		 -233 -201 -247 -222 -126 -99 -147 -79 -65 -97
Purchase of Property, Plant & Equipment		 -232 -188 -249 -216 -125 -101 -145 -89 -66 -134
Sale of Property, Plant & Equipment		 0.16 0.08 3.90 0.63 0.83 1.16 2.58 9.28 0.48 1.28
Other Investing Activities, net		 -1.50 -14 -1.44 -1.44 - - - 1.47 0.99 0.00
Net Cash From Financing Activities		 398 196 94 105 -46 25 -11 -32 -5.91 30
Net Cash From Continuing Financing Activities		 398 196 94 105 -46 25 -11 -32 -5.91 30
Repayment of Debt		 -698 -44 -54 -752 -298 -336 -216 -404 -918 -297
Payment of Dividends		 -4.52 -5.97 -0.89 -2.43 -1.99 -3.06 -1.43 -1.53 -0.49 -0.73
Issuance of Debt		 864 0.00 148 846 251 358 204 366 912 322
Issuance of Common Equity		 241 251 0.29 0.49 0.00 0.08 0.02 0.00 0.15 0.59
Other Financing Activities, net		 -4.27 -5.50 0.00 13 4.02 6.03 2.44 7.85 -0.16 5.01
Effect of Exchange Rate Changes		 -0.45 -0.29 0.11 -0.07 -0.10 -0.03 -0.07 0.03 -0.05 -0.04
Cash Interest Paid		 85 65 39 29 40 46 37 34 37 36
Cash Income Taxes Paid		 4.17 1.59 0.59 1.95 5.07 5.88 4.93 4.94 2.80 1.78

Quarterly Cash Flow Statements for RadNet

This table details how cash moves in and out of RadNet's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -8.90 7.24 215 184 4.69 -19 266 -37 33 -4.16
Net Cash From Operating Activities		 43 57 116 17 89 31 68 33 54 27
Net Cash From Continuing Operating Activities		 43 57 116 17 89 31 68 33 54 27
Net Income / (Loss) Continuing Operations		 14 12 6.95 5.41 6.00 24 15 -14 4.97 6.45
Consolidated Net Income / (Loss)		 14 12 6.95 5.41 6.00 24 15 -14 4.97 6.45
Depreciation Expense		 36 35 34 32 33 32 32 31 31 29
Amortization Expense		 1.87 1.78 -7.40 16 1.56 1.67 -14 17 -50 19
Non-Cash Adjustments To Reconcile Net Income		 15 5.20 20 -5.12 18 -7.96 16 11 58 -17
Changes in Operating Assets and Liabilities, net		 -25 3.19 62 -32 31 -19 19 -13 9.79 -10
Net Cash From Investing Activities		 -49 -46 -77 -61 -49 -47 -40 -66 -124 -27
Net Cash From Continuing Investing Activities		 -49 -46 -77 -61 -49 -47 -40 -66 -124 -27
Purchase of Property, Plant & Equipment		 -49 -46 -76 -61 -40 -42 -40 -66 -125 -26
Sale of Property, Plant & Equipment		 0.01 0.14 0.01 0.00 0.00 0.01 0.07 0.00 0.90 -1.11
Net Cash From Financing Activities		 -2.12 -4.34 176 228 -35 -3.20 238 -3.82 104 -3.31
Net Cash From Continuing Financing Activities		 -2.12 -4.34 176 228 -35 -3.20 238 -3.82 104 -3.31
Repayment of Debt		 -5.76 -7.61 -682 -2.98 -31 -4.56 -4.56 -3.87 -44 -3.31
Payment of Dividends		 -2.10 - - - -2.45 - - - -0.89 -
Issuance of Debt		 -0.06 -0.05 - - - - - - - -
Issuance of Common Equity		 15 3.40 0.36 223 5.19 -0.35 246 0.05 0.29 -
Other Financing Activities, net		 -9.30 -0.07 -3.61 8.71 -7.21 1.71 - 0.00 - -
Effect of Exchange Rate Changes		 -0.49 0.15 -0.07 -0.04 -0.12 0.10 -0.04 -0.23 -0.50 -0.82
Cash Interest Paid		 33 17 16 18 5.27 20 18 21 8.90 11
Cash Income Taxes Paid		 1.97 1.50 0.70 0.00 1.36 0.02 0.16 0.04 0.03 0.43

Annual Balance Sheets for RadNet

This table presents RadNet's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 3,287 2,690 2,434 2,058 1,787 1,647 1,109 869 849 35
Total Current Assets		 1,019 579 367 324 270 241 209 235 218 11
Cash & Equivalents		 740 343 128 135 102 40 10 51 21 -
Accounts Receivable		 228 189 185 140 135 156 150 158 167 11
Prepaid Expenses		 52 48 54 49 33 45 46 26 28 0.54
Plant, Property, & Equipment, net		 695 604 566 484 399 368 346 244 248 14
Total Noncurrent Assets		 1,573 1,507 1,501 1,250 1,117 1,038 555 389 384 10
Long-Term Investments		 104 93 58 42 35 34 38 52 44 -
Goodwill		 711 679 678 514 473 442 418 257 240 9.92
Intangible Assets		 81 91 106 57 52 43 41 40 43 0.35
Other Noncurrent Operating Assets		 674 642 657 620 521 482 25 6.95 5.73 0.00
Other Noncurrent Nonoperating Assets		 2.27 1.64 2.28 2.14 1.77 1.56 1.35 1.90 2.00 -
Total Liabilities & Shareholders' Equity		 3,287 2,690 2,434 2,058 1,787 1,647 1,109 869 849 35
Total Liabilities		 2,153 1,877 1,942 1,712 1,528 1,414 909 799 797 2.70
Total Current Liabilities		 480 437 467 375 398 327 240 192 155 1.32
Short-Term Debt		 25 18 12 11 40 40 39 34 27 0.21
Accounts Payable		 351 343 370 264 237 208 181 136 111 0.84
Current Deferred Revenue		 3.29 4.65 4.02 11 39 1.32 6.13 5.32 4.48 0.27
Other Current Liabilities		 100 72 81 89 82 79 13 16 13 -
Total Noncurrent Liabilities		 1,674 1,440 1,476 1,338 1,130 1,086 670 607 642 1.39
Long-Term Debt		 992 812 839 743 613 653 627 572 609 0.36
Noncurrent Deferred & Payable Income Tax Liabilities		 22 16 9.26 0.00 - - - - - -
Other Noncurrent Operating Liabilities		 660 612 627 594 517 434 5.01 6.16 5.11 -
Total Equity & Noncontrolling Interests		 1,133 813 491 346 258 233 200 70 52 33
Total Preferred & Common Equity		 902 631 333 229 166 152 127 62 48 33
Total Common Equity		 902 631 333 229 166 152 127 62 48 33
Common Stock		 988 723 436 343 308 263 243 212 198 33
Retained Earnings		 -77 -80 -83 -93 -118 -103 -118 -150 -150 -
Accumulated Other Comprehensive Income / (Loss)		 -9.06 -12 -21 -20 -24 -8.03 2.26 -0.55 0.31 -
Noncontrolling Interest		 231 183 158 117 93 81 73 8.37 3.57 -

Quarterly Balance Sheets for RadNet

This table presents RadNet's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 3,275 3,229 2,970 2,688 2,705 2,414 2,247
Total Current Assets		 1,016 1,005 796 579 603 343 325
Cash & Equivalents		 749 742 527 338 357 91 95
Accounts Receivable		 229 225 224 193 197 197 176
Prepaid Expenses		 38 39 45 48 49 55 53
Plant, Property, & Equipment, net		 664 653 619 577 576 545 516
Total Noncurrent Assets		 1,595 1,572 1,555 1,532 1,527 1,526 1,407
Long-Term Investments		 105 101 97 94 52 59 52
Goodwill		 712 709 694 676 688 687 575
Intangible Assets		 84 84 87 92 100 103 89
Other Noncurrent Operating Assets		 692 675 675 668 684 674 686
Other Noncurrent Nonoperating Assets		 2.42 2.51 1.48 1.80 1.96 2.12 1.76
Total Liabilities & Shareholders' Equity		 3,275 3,229 2,970 2,688 2,705 2,414 2,247
Total Liabilities		 2,156 2,137 1,892 1,892 1,944 1,921 1,789
Total Current Liabilities		 470 474 428 407 434 407 409
Short-Term Debt		 23 24 20 16 16 16 11
Accounts Payable		 339 354 325 302 333 297 296
Current Deferred Revenue		 4.39 4.46 4.48 5.18 5.05 4.34 3.57
Other Current Liabilities		 104 92 79 84 80 90 99
Total Noncurrent Liabilities		 1,686 1,662 1,464 1,485 1,510 1,514 1,380
Long-Term Debt		 996 1,002 814 844 848 852 736
Noncurrent Deferred & Payable Income Tax Liabilities		 21 17 14 17 10 10 -
Other Noncurrent Operating Liabilities		 669 643 635 624 652 651 644
Total Equity & Noncontrolling Interests		 1,120 1,093 1,077 796 761 493 458
Total Preferred & Common Equity		 895 881 873 619 593 328 313
Total Common Equity		 895 881 873 619 593 328 313
Common Stock		 979 974 969 715 704 449 424
Retained Earnings		 -82 -85 -82 -78 -95 -104 -82
Accumulated Other Comprehensive Income / (Loss)		 -1.84 -8.06 -14 -18 -15 -17 -30
Noncontrolling Interest		 224 212 204 177 168 165 145

Annual Metrics And Ratios for RadNet

This table displays calculated financial ratios and metrics derived from RadNet's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 13.18% 13.05% 8.00% 20.59% -4.86% 18.36% 5.74% 4.26% 4.60% 1,435.95%
EBITDA Growth		 12.38% 12.71% -25.03% 37.41% -9.34% 49.41% 19.13% 5.06% 3.87% 644.27%
EBIT Growth		 13.81% 16.12% -13.77% 160.88% -45.94% -2.85% 32.09% 15.91% -2.71% 342.10%
NOPAT Growth		 17.39% 112.75% -41.64% 148.77% -54.75% 80.59% 676.66% -84.11% 7.34% 115.19%
Net Income Growth		 28.02% -9.73% -24.17% 2,633.96% -107.46% -38.53% 1,737.73% -74.08% -7.34% -18.98%
EPS Growth		 -20.00% -70.59% -63.04% 258.62% -200.00% -56.06% 0.00% -100.00% -11.76% 0.00%
Operating Cash Flow Growth		 5.51% 50.85% -2.06% -36.05% 124.07% -10.65% -17.91% 55.20% 36.70% 388.75%
Free Cash Flow Firm Growth		 -124.32% 113.12% -126.49% -185.62% 254.30% 113.11% -496.67% 109.74% -2,446.08% 84.22%
Invested Capital Growth		 8.03% 4.44% 25.31% 19.30% -9.02% 3.22% 43.50% -8.20% 1,772.68% -3.12%
Revenue Q/Q Growth		 3.20% 2.31% 3.47% -25.57% 80.58% 3.93% 6.19% 1.02% -3.85% 602.88%
EBITDA Q/Q Growth		 -17.91% -6.14% -19.58% -5.80% 3.22% 1.15% 19.32% 2.45% 3.16% 2,655.33%
EBIT Q/Q Growth		 0.57% 0.21% 20.61% -17.27% 8.22% -18.36% 41.94% 6.75% 9.20% 4,837.71%
NOPAT Q/Q Growth		 2.76% 7.87% 60.78% -15.61% -7.44% 24.38% 5,631.39% -87.21% 24.68% 2,303.36%
Net Income Q/Q Growth		 26.89% 3.51% 12.20% -17.91% -3,138.89% -44.33% 15,214.46% -83.21% 45.00% -58.17%
EPS Q/Q Growth		 0.00% 600.00% 41.67% -30.30% -38.10% -57.35% 0.00% 0.00% 36.36% 0.00%
Operating Cash Flow Q/Q Growth		 -16.60% 19.01% 3.14% -8.69% 21.71% -6.44% -24.43% 26.43% 12.16% 239.63%
Free Cash Flow Firm Q/Q Growth		 -123.25% 127.24% -46.80% -117.81% 22.96% 117.92% -5,460.65% 28.50% -2,197.14% 243.17%
Invested Capital Q/Q Growth		 1.55% -1.30% 9.40% 2.53% -1.63% 0.97% 29.23% -9.31% -3.07% -94.44%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 13.62% 13.69% 11.59% 15.17% 12.04% 100.00% 100.00% 12.99% 12.29% 11.98%
EBITDA Margin		 14.24% 14.34% 14.38% 20.72% 18.18% 19.08% 15.12% 13.42% 13.31% 13.41%
Operating Margin		 5.72% 6.11% 3.24% 6.23% 3.25% 6.05% 3.17% 5.43% 4.35% 4.63%
EBIT Margin		 6.03% 5.99% 5.83% 7.31% 3.38% 5.94% 7.24% 5.80% 5.21% 5.61%
Profit (Net Income) Margin		 2.12% 1.88% 2.35% 3.35% -0.16% 2.03% 3.91% 0.23% 0.90% 1.02%
Tax Burden Percent		 86.57% 78.17% 78.21% 75.27% 204.80% 79.01% 98.98% 7.86% 64.36% 58.98%
Interest Burden Percent		 40.70% 40.07% 51.51% 60.86% -2.30% 43.25% 54.57% 49.36% 26.97% 30.90%
Effective Tax Rate		 13.43% 21.83% 21.79% 24.73% 0.00% 21.00% 1.02% 92.14% 35.64% 41.02%
Return on Invested Capital (ROIC)		 7.22% 6.53% 3.49% 7.33% 3.08% 6.60% 4.38% 0.66% 7.53% 68.07%
ROIC Less NNEP Spread (ROIC-NNEP)		 -11.16% -2.33% 3.06% 4.06% -1.65% 1.47% 5.72% 0.31% 1.68% -1,518.98%
Return on Net Nonoperating Assets (RNNOA)		 -3.23% -1.88% 4.53% 7.33% -3.79% 4.21% 23.85% 2.75% 11.34% -41.89%
Return on Equity (ROE)		 3.99% 4.65% 8.02% 14.66% -0.71% 10.82% 28.23% 3.40% 18.87% 26.19%
Cash Return on Invested Capital (CROIC)		 -0.50% 2.19% -18.98% -10.27% 12.53% 3.43% -31.35% 9.21% -172.20% 71.25%
Operating Return on Assets (OROA)		 3.69% 3.78% 3.71% 5.03% 2.16% 4.98% 7.14% 6.22% 10.42% 130.21%
Return on Assets (ROA)		 1.30% 1.18% 1.50% 2.31% -0.10% 1.70% 3.86% 0.24% 1.81% 23.73%
Return on Common Equity (ROCE)		 3.14% 3.43% 5.38% 9.57% -0.46% 6.96% 19.72% 3.07% 18.07% 26.19%
Return on Equity Simple (ROE_SIMPLE)		 4.30% 4.81% 10.09% 19.36% -1.06% 15.45% 29.98% 3.37% 16.51% 26.34%
Net Operating Profit after Tax (NOPAT)		 91 77 36 62 25 55 31 3.94 25 23
NOPAT Margin		 4.95% 4.77% 2.54% 4.69% 2.27% 4.78% 3.13% 0.43% 2.80% 2.73%
Net Nonoperating Expense Percent (NNEP)		 18.38% 8.86% 0.43% 3.27% 4.73% 5.13% -1.34% 0.35% 5.85% 1,587.05%
Return On Investment Capital (ROIC_SIMPLE)		 4.21% 4.69% 2.70% - - - - - - -
Cost of Revenue to Revenue		 86.38% 86.31% 88.41% 84.83% 87.96% 0.00% 0.00% 87.01% 87.71% 88.02%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 86.62% 88.97% 0.00% 0.00% 0.00%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 7.90% 7.59% 8.35% 8.94% 8.79% 93.95% 96.83% 7.56% 7.94% 7.36%
Earnings before Interest and Taxes (EBIT)		 110 97 83 97 37 69 71 53 46 47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 261 232 206 274 200 220 147 124 118 113
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 5.73 3.74 3.24 7.03 6.10 6.73 3.91 7.81 6.18 8.69
Price to Tangible Book Value (P/TBV)		 46.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.66
Price to Revenue (P/Rev)		 2.83 1.46 0.76 1.22 0.92 0.88 0.51 0.52 0.34 0.34
Price to Earnings (P/E)		 1,851.07 775.53 101.42 65.07 0.00 69.16 15.41 9,075.50 41.45 36.97
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.05% 0.13% 0.99% 1.54% 0.00% 1.45% 6.49% 0.01% 2.41% 2.70%
Enterprise Value to Invested Capital (EV/IC)		 4.28 2.44 1.65 2.50 2.10 2.02 1.45 1.73 1.41 8.56
Enterprise Value to Revenue (EV/Rev)		 3.05 1.82 1.33 1.74 1.47 1.49 1.22 1.08 0.99 0.34
Enterprise Value to EBITDA (EV/EBITDA)		 21.39 12.67 9.26 8.40 8.11 7.81 8.10 8.04 7.45 2.52
Enterprise Value to EBIT (EV/EBIT)		 50.56 30.33 22.83 23.82 43.67 25.07 16.91 18.61 19.04 6.02
Enterprise Value to NOPAT (EV/NOPAT)		 61.54 38.08 52.52 37.08 64.82 31.15 39.06 252.72 35.45 12.38
Enterprise Value to Operating Cash Flow (EV/OCF)		 23.92 13.30 13.01 15.41 6.93 16.48 10.23 6.99 9.58 4.26
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 113.61 0.00 0.00 15.93 59.96 0.00 18.03 0.00 11.83
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.90 1.02 1.73 2.18 2.53 2.97 3.36 8.71 12.27 0.02
Long-Term Debt to Equity		 0.87 1.00 1.71 2.15 2.37 2.80 3.16 8.22 11.76 0.01
Financial Leverage		 0.29 0.81 1.48 1.80 2.30 2.86 4.17 8.82 6.76 0.03
Leverage Ratio		 3.07 3.93 5.36 6.36 6.99 6.36 7.32 14.09 10.43 1.10
Compound Leverage Factor		 1.25 1.57 2.76 3.87 -0.16 2.75 4.00 6.95 2.81 0.34
Debt to Total Capital		 47.28% 50.51% 63.41% 68.55% 71.65% 74.81% 77.05% 89.70% 92.46% 1.69%
Short-Term Debt to Total Capital		 1.15% 1.09% 0.92% 1.01% 4.37% 4.29% 4.50% 5.02% 3.84% 0.62%
Long-Term Debt to Total Capital		 46.13% 49.41% 62.49% 67.54% 67.28% 70.52% 72.55% 84.68% 88.62% 1.07%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 10.75% 11.12% 11.80% 10.65% 10.16% 8.80% 8.37% 1.23% 0.52% 0.00%
Common Equity to Total Capital		 41.97% 38.38% 24.79% 20.79% 18.19% 16.39% 14.58% 9.07% 7.02% 98.31%
Debt to EBITDA		 3.90 3.58 4.14 2.75 3.27 3.14 4.56 4.92 5.42 0.01
Net Debt to EBITDA		 0.66 1.70 3.24 2.11 2.59 2.81 4.23 4.08 4.88 0.01
Long-Term Debt to EBITDA		 3.81 3.50 4.08 2.71 3.07 2.96 4.29 4.65 5.20 0.00
Debt to NOPAT		 11.22 10.76 23.49 12.14 26.13 12.54 21.99 154.75 25.79 0.02
Net Debt to NOPAT		 1.90 5.12 18.37 9.30 20.66 11.19 20.41 128.39 23.20 0.02
Long-Term Debt to NOPAT		 10.95 10.53 23.15 11.97 24.54 11.82 20.71 146.09 24.72 0.02
Altman Z-Score		 2.27 1.50 0.94 1.27 0.90 1.12 1.23 1.44 1.29 91.82
Noncontrolling Interest Sharing Ratio		 21.25% 26.14% 32.92% 34.71% 35.41% 35.65% 30.14% 9.78% 4.20% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 2.12 1.32 0.79 0.87 0.68 0.74 0.87 1.23 1.40 8.70
Quick Ratio		 2.02 1.22 0.67 0.73 0.60 0.60 0.67 1.09 1.21 8.29
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -6.29 26 -197 -87 102 29 -219 55 -567 24
Operating Cash Flow to CapEx		 100.63% 117.83% 59.64% 69.55% 187.59% 104.17% 81.76% 178.52% 140.10% 50.60%
Free Cash Flow to Firm to Interest Expense		 -0.08 0.40 -3.88 -1.78 2.21 0.61 -5.04 1.36 -13.04 0.58
Operating Cash Flow to Interest Expense		 2.92 3.43 2.88 3.06 5.09 2.21 2.69 3.50 2.11 1.61
Operating Cash Flow Less CapEx to Interest Expense		 0.02 0.52 -1.95 -1.34 2.38 0.09 -0.60 1.54 0.60 -1.57
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.61 0.63 0.64 0.69 0.64 0.84 0.99 1.07 2.00 23.23
Accounts Receivable Turnover		 8.78 8.64 8.78 9.60 7.54 7.56 6.35 5.68 9.96 70.83
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 2.82 2.76 2.72 3.00 2.86 3.24 3.31 3.75 6.77 61.29
Accounts Payable Turnover		 4.55 3.92 3.99 4.49 4.35 0.00 0.00 6.50 13.85 641.66
Days Sales Outstanding (DSO)		 41.57 42.26 41.57 38.02 48.43 48.31 57.53 64.22 36.64 5.15
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 80.18 93.20 91.45 81.34 83.94 0.00 0.00 56.17 26.35 0.57
Cash Conversion Cycle (CCC)		 -38.61 -50.94 -49.87 -43.32 -35.51 48.31 57.53 8.04 10.29 4.58
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 1,303 1,206 1,155 922 773 849 823 573 625 33
Invested Capital Turnover		 1.46 1.37 1.38 1.56 1.35 1.38 1.40 1.54 2.69 24.95
Increase / (Decrease) in Invested Capital		 97 51 233 149 -77 27 249 -51 591 -1.08
Enterprise Value (EV)		 5,573 2,938 1,905 2,304 1,619 1,720 1,194 995 878 286
Market Capitalization		 5,170 2,361 1,080 1,609 1,011 1,021 497 481 300 285
Book Value per Share		 $12.19 $9.29 $5.81 $4.28 $3.21 $3.02 $2.60 $1.29 $1.04 $0.71
Tangible Book Value per Share		 $1.49 ($2.05) ($7.86) ($6.39) ($6.96) ($6.63) ($6.78) ($4.95) ($5.03) $0.49
Total Capital		 2,150 1,643 1,343 1,101 911 926 873 679 691 33
Total Debt		 1,016 830 852 755 653 692 672 609 639 0.57
Total Long-Term Debt		 992 812 839 743 613 653 633 575 612 0.36
Net Debt		 172 395 666 578 516 618 624 505 575 0.57
Capital Expenditures (CapEx)		 232 187 246 215 125 100 143 80 65 132
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -176 -183 -215 -174 -190 -87 -1.95 27 68 10
Debt-free Net Working Capital (DFNWC)		 564 160 -87 -39 -88 -47 8.44 78 89 10
Net Working Capital (NWC)		 540 142 -100 -51 -128 -86 -31 44 63 10
Net Nonoperating Expense (NNE)		 52 47 2.65 18 27 32 -7.56 1.86 17 14
Net Nonoperating Obligations (NNO)		 170 393 664 576 514 616 623 503 573 0.57
Total Depreciation and Amortization (D&A)		 150 135 122 178 163 152 77 70 72 66
Debt-free, Cash-free Net Working Capital to Revenue		 -9.61% -11.31% -15.03% -13.14% -17.30% -7.51% -0.20% 2.88% 7.74% 1.22%
Debt-free Net Working Capital to Revenue		 30.84% 9.88% -6.09% -2.97% -8.00% -4.03% 0.87% 8.44% 10.08% 1.22%
Net Working Capital to Revenue		 29.49% 8.77% -6.96% -3.82% -11.63% -7.47% -3.16% 4.74% 7.07% 1.20%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.04 $0.05 $0.19 $0.47 ($0.29) $0.30 $0.67 $0.00 $0.16 $0.18
Adjusted Weighted Average Basic Shares Outstanding		 73.04M 63.58M 56.29M 52.50M 50.89M 49.67M 48.11M 46.88M 46.24M 43.81M
Adjusted Diluted Earnings per Share		 $0.04 $0.05 $0.17 $0.46 ($0.29) $0.29 $0.66 $0.00 $0.15 $0.17
Adjusted Weighted Average Diluted Shares Outstanding		 74.76M 64.66M 57.32M 53.42M 50.89M 50.24M 48.68M 47.40M 46.66M 45.17M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 74.04M 68.48M 57.84M 56.18M 52.27M 50.69M 50.07M 48.23M 47.20M 47.19M
Normalized Net Operating Profit after Tax (NOPAT)		 95 83 38 78 29 57 32 36 25 24
Normalized NOPAT Margin		 5.17% 5.13% 2.67% 5.88% 2.62% 4.95% 3.33% 3.89% 2.86% 2.79%
Pre Tax Income Margin		 2.45% 2.40% 3.00% 4.45% -0.08% 2.57% 3.95% 2.86% 1.41% 1.73%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 1.38 1.50 1.64 1.98 0.81 1.45 1.62 1.32 1.06 1.14
NOPAT to Interest Expense		 1.13 1.20 0.71 1.27 0.54 1.17 0.70 0.10 0.57 0.55
EBIT Less CapEx to Interest Expense		 -1.52 -1.40 -3.19 -2.42 -1.91 -0.67 -1.66 -0.65 -0.44 -2.04
NOPAT Less CapEx to Interest Expense		 -1.77 -1.71 -4.12 -3.13 -2.17 -0.95 -2.58 -1.86 -0.94 -2.62
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 11.64% 19.69% 2.66% 5.47% -113.49% 13.04% 3.74% 73.64% 6.15% 8.44%
Augmented Payout Ratio		 11.64% 19.69% 2.66% 5.47% -113.49% 13.04% 3.74% 73.64% 6.15% 8.44%

Quarterly Metrics And Ratios for RadNet

This table displays calculated financial ratios and metrics derived from RadNet's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 13.49% 14.72% 13.87% 10.53% 9.51% 14.83% 13.92% 14.28% 14.26% 5.22%
EBITDA Growth		 7.75% -13.73% 45.43% 28.55% 3,820.78% 20.98% -36.50% -22.66% -97.27% -17.99%
EBIT Growth		 3.01% -30.00% 43.05% 1,251.57% 0.96% 157.75% 10.39% -93.95% 223.17% -49.53%
NOPAT Growth		 4.98% -24.70% 0.88% 270.46% 46.37% 543.57% 62.57% 420.25% 709.78% -80.16%
Net Income Growth		 137.24% -49.07% -52.29% 137.88% 20.72% 273.29% 5.26% -270.79% 278.29% -69.51%
EPS Growth		 100.00% -84.00% -133.33% 88.89% 300.00% 2,400.00% -7.69% -820.00% 71.43% -96.67%
Operating Cash Flow Growth		 -52.17% 83.68% 70.41% -47.62% 65.75% 15.64% 4.98% 3,519.98% 9.05% -35.02%
Free Cash Flow Firm Growth		 -150.28% 72.94% 75.07% 59.57% 86.45% 12.17% 13.74% 26.66% -48.33% -73.25%
Invested Capital Growth		 8.03% 5.00% 4.96% 6.40% 4.44% 15.76% 15.59% 14.51% 25.31% 17.44%
Revenue Q/Q Growth		 3.46% 0.31% 6.49% 2.69% 4.58% -0.43% 3.37% 1.74% 9.66% -1.22%
EBITDA Q/Q Growth		 -14.21% 1.84% 6.05% -6.69% -31.31% 71.68% -6.26% -29.07% -97.88% -9.88%
EBIT Q/Q Growth		 -33.78% -20.64% 163.77% -25.69% -55.00% 62.17% 2,392.15% -94.45% 14.88% -30.54%
NOPAT Q/Q Growth		 -9.12% -2.69% 48.81% -20.23% -34.82% 30.38% 446.44% -68.48% 186.61% -67.06%
Net Income Q/Q Growth		 16.07% 76.47% 28.37% -9.77% -75.09% 65.31% 201.93% -387.56% -22.96% -53.39%
EPS Q/Q Growth		 100.00% 200.00% 0.00% -200.00% -84.00% 108.33% 133.33% -1,700.00% -300.00% -92.31%
Operating Cash Flow Q/Q Growth		 -25.91% -50.52% 578.99% -80.79% 184.53% -54.09% 108.72% -39.20% 98.50% -58.32%
Free Cash Flow Firm Q/Q Growth		 -105.56% -4.61% 42.64% -102.92% 77.77% 3.65% 6.97% 32.01% -44.11% 5.37%
Invested Capital Q/Q Growth		 1.55% 0.71% -0.94% 6.63% -1.30% 0.67% 0.42% 4.67% 9.40% 0.52%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 13.76% 15.04% 15.22% 10.22% 15.17% 15.01% 14.51% 9.91% 14.14% 10.31%
EBITDA Margin		 12.44% 15.00% 14.78% 14.84% 13.10% 19.95% 11.57% 12.76% 0.37% 18.94%
Operating Margin		 5.14% 7.35% 7.58% 2.63% 5.79% 10.76% 6.05% 1.71% 5.63% 1.98%
EBIT Margin		 4.50% 7.03% 8.89% 3.59% 4.96% 11.52% 7.07% 0.29% 5.38% 5.13%
Profit (Net Income) Margin		 2.98% 2.66% 1.51% 1.25% 1.43% 5.99% 3.61% -3.66% 1.29% 1.84%
Tax Burden Percent		 92.83% 73.87% 73.88% 152.57% 89.12% 76.92% 104.40% 108.63% 68.60% 74.66%
Interest Burden Percent		 71.37% 51.17% 23.01% 22.89% 32.28% 67.55% 48.82% -1,147.29% 35.08% 48.05%
Effective Tax Rate		 7.17% 26.13% 26.12% -52.57% 10.88% 23.08% -4.40% 0.00% 31.40% 25.34%
Return on Invested Capital (ROIC)		 6.96% 7.69% 7.71% 5.32% 7.06% 11.48% 8.53% 1.56% 5.32% 2.09%
ROIC Less NNEP Spread (ROIC-NNEP)		 3.92% 3.35% 1.79% 2.75% 4.09% 9.68% 6.45% -1.25% 3.73% 2.31%
Return on Net Nonoperating Assets (RNNOA)		 1.13% 1.03% 0.61% 1.62% 3.32% 7.90% 5.60% -1.84% 5.51% 3.35%
Return on Equity (ROE)		 8.09% 8.72% 8.33% 6.95% 10.38% 19.38% 14.13% -0.28% 10.83% 5.44%
Cash Return on Invested Capital (CROIC)		 -0.50% 2.16% 2.77% 1.27% 2.19% -8.33% -10.77% -10.88% -18.98% -13.73%
Operating Return on Assets (OROA)		 2.76% 4.18% 5.13% 2.21% 3.13% 7.38% 4.37% 0.19% 3.42% 3.31%
Return on Assets (ROA)		 1.83% 1.58% 0.87% 0.77% 0.90% 3.83% 2.23% -2.37% 0.82% 1.19%
Return on Common Equity (ROCE)		 6.37% 6.89% 6.62% 5.31% 7.66% 14.40% 10.55% -0.19% 7.26% 3.67%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 3.42% 4.81% 5.73% 0.00% 4.74% 1.97% 3.34% 0.00% 9.57%
Net Operating Profit after Tax (NOPAT)		 23 25 26 17 22 33 26 4.67 15 5.17
NOPAT Margin		 4.77% 5.43% 5.60% 4.01% 5.16% 8.28% 6.32% 1.20% 3.86% 1.48%
Net Nonoperating Expense Percent (NNEP)		 3.03% 4.34% 5.92% 2.57% 2.97% 1.80% 2.08% 2.81% 1.59% -0.22%
Return On Investment Capital (ROIC_SIMPLE)		 1.06% - - - 1.32% - - - 1.10% -
Cost of Revenue to Revenue		 86.24% 84.96% 84.78% 89.78% 84.83% 84.99% 85.49% 90.09% 85.86% 89.69%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 8.62% 7.68% 7.64% 7.59% 9.39% 4.25% 8.45% 8.20% 8.51% 8.34%
Earnings before Interest and Taxes (EBIT)		 21 32 41 15 21 46 29 1.15 21 18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 59 69 68 64 55 80 47 50 1.41 66
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 5.73 5.73 4.94 3.82 3.74 3.09 3.21 4.41 3.24 3.73
Price to Tangible Book Value (P/TBV)		 46.88 51.82 49.50 36.30 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 2.83 2.89 2.54 2.01 1.46 1.21 1.25 0.98 0.76 0.84
Price to Earnings (P/E)		 1,851.07 0.00 438.86 156.65 775.53 481.48 0.00 0.00 101.42 150.25
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.05% 0.00% 0.23% 0.64% 0.13% 0.21% 0.00% 0.00% 0.99% 0.67%
Enterprise Value to Invested Capital (EV/IC)		 4.28 4.30 3.73 2.91 2.44 2.06 2.08 1.93 1.65 1.81
Enterprise Value to Revenue (EV/Rev)		 3.05 3.11 2.77 2.26 1.82 1.59 1.65 1.58 1.33 1.38
Enterprise Value to EBITDA (EV/EBITDA)		 21.39 17.40 14.46 12.20 12.67 10.19 10.84 8.97 9.26 7.47
Enterprise Value to EBIT (EV/EBIT)		 50.56 50.38 38.45 33.69 30.33 26.03 36.98 35.52 22.83 27.63
Enterprise Value to NOPAT (EV/NOPAT)		 61.54 62.66 50.15 40.22 38.08 35.17 60.42 77.52 52.52 84.72
Enterprise Value to Operating Cash Flow (EV/OCF)		 23.92 19.76 18.75 18.25 13.30 13.56 13.93 13.09 13.01 13.46
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 204.23 137.66 237.13 113.61 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.90 0.91 0.94 0.77 1.02 1.08 1.14 1.76 1.73 1.63
Long-Term Debt to Equity		 0.87 0.89 0.92 0.76 1.00 1.06 1.11 1.73 1.71 1.60
Financial Leverage		 0.29 0.31 0.34 0.59 0.81 0.82 0.87 1.48 1.48 1.45
Leverage Ratio		 3.07 3.11 3.20 3.43 3.93 3.93 4.08 4.98 5.36 5.38
Compound Leverage Factor		 2.19 1.59 0.74 0.78 1.27 2.66 1.99 -57.15 1.88 2.58
Debt to Total Capital		 47.28% 47.66% 48.44% 43.65% 50.51% 51.94% 53.18% 63.78% 63.41% 61.95%
Short-Term Debt to Total Capital		 1.15% 1.09% 1.14% 1.06% 1.09% 0.97% 0.98% 1.17% 0.92% 0.90%
Long-Term Debt to Total Capital		 46.13% 46.57% 47.30% 42.60% 49.41% 50.97% 52.19% 62.61% 62.49% 61.05%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 10.75% 10.49% 10.00% 10.69% 11.12% 10.70% 10.33% 12.13% 11.80% 12.07%
Common Equity to Total Capital		 41.97% 41.85% 41.57% 45.66% 38.38% 37.36% 36.49% 24.09% 24.79% 25.98%
Debt to EBITDA		 3.90 3.21 3.13 2.72 3.58 3.48 3.71 3.34 4.14 2.92
Net Debt to EBITDA		 0.66 0.52 0.56 0.69 1.70 1.73 1.95 2.76 3.24 2.34
Long-Term Debt to EBITDA		 3.81 3.14 3.05 2.65 3.50 3.42 3.64 3.28 4.08 2.88
Debt to NOPAT		 11.22 11.57 10.84 8.96 10.76 12.03 20.67 28.88 23.49 33.09
Net Debt to NOPAT		 1.90 1.89 1.94 2.26 5.12 5.98 10.89 23.88 18.37 26.57
Long-Term Debt to NOPAT		 10.95 11.30 10.59 8.74 10.53 11.80 20.29 28.35 23.15 32.61
Altman Z-Score		 2.18 2.17 1.96 1.74 1.40 1.29 1.21 0.97 0.85 0.94
Noncontrolling Interest Sharing Ratio		 21.25% 20.96% 20.48% 23.53% 26.14% 25.72% 25.33% 31.47% 32.92% 32.58%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 2.12 2.16 2.12 1.86 1.32 1.42 1.39 0.84 0.79 0.79
Quick Ratio		 2.02 2.08 2.04 1.75 1.22 1.30 1.27 0.71 0.67 0.66
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -74 -36 -34 -60 -30 -133 -138 -149 -219 -152
Operating Cash Flow to CapEx		 87.13% 125.05% 152.80% 28.04% 221.94% 74.86% 169.91% 49.75% 43.30% 99.87%
Free Cash Flow to Firm to Interest Expense		 -7.96 -1.86 -0.99 -3.69 -1.78 -8.26 -8.62 -9.45 -14.15 -12.21
Operating Cash Flow to Interest Expense		 4.57 2.95 3.33 1.05 5.35 1.94 4.24 2.07 3.47 2.18
Operating Cash Flow Less CapEx to Interest Expense		 -0.67 0.59 1.15 -2.70 2.94 -0.65 1.75 -2.10 -4.55 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.61 0.59 0.58 0.62 0.63 0.64 0.62 0.65 0.64 0.64
Accounts Receivable Turnover		 8.78 8.41 8.14 7.88 8.64 8.57 8.32 8.16 8.78 8.26
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 2.82 2.86 2.79 2.85 2.76 2.89 2.80 2.86 2.72 2.86
Accounts Payable Turnover		 4.55 4.76 4.29 4.61 3.92 4.57 4.25 4.54 3.99 7.66
Days Sales Outstanding (DSO)		 41.57 43.43 44.86 46.30 42.26 42.59 43.89 44.70 41.57 44.21
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 80.18 76.65 84.99 79.24 93.20 79.82 85.79 80.37 91.45 47.63
Cash Conversion Cycle (CCC)		 -38.61 -33.23 -40.13 -32.94 -50.94 -37.23 -41.90 -35.67 -49.87 -3.42
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 1,303 1,283 1,274 1,286 1,206 1,222 1,214 1,209 1,155 1,056
Invested Capital Turnover		 1.46 1.42 1.38 1.33 1.37 1.39 1.35 1.31 1.38 1.41
Increase / (Decrease) in Invested Capital		 97 61 60 77 51 166 164 153 233 157
Enterprise Value (EV)		 5,573 5,522 4,749 3,747 2,938 2,516 2,526 2,331 1,905 1,911
Market Capitalization		 5,170 5,132 4,353 3,332 2,361 1,911 1,903 1,448 1,080 1,166
Book Value per Share		 $12.19 $12.11 $11.92 $12.75 $9.29 $9.13 $10.17 $5.67 $5.81 $5.46
Tangible Book Value per Share		 $1.49 $1.34 $1.19 $1.34 ($2.05) ($2.20) ($3.34) ($7.99) ($7.86) ($6.12)
Total Capital		 2,150 2,139 2,119 1,912 1,643 1,657 1,625 1,361 1,343 1,205
Total Debt		 1,016 1,020 1,027 835 830 860 864 868 852 746
Total Long-Term Debt		 992 996 1,002 814 812 844 848 852 839 736
Net Debt		 172 166 184 211 395 428 455 718 666 599
Capital Expenditures (CapEx)		 49 46 76 61 40 42 40 66 124 27
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -176 -179 -187 -139 -183 -150 -172 -139 -215 -169
Debt-free Net Working Capital (DFNWC)		 564 570 555 388 160 188 184 -49 -87 -74
Net Working Capital (NWC)		 540 546 531 368 142 172 168 -64 -100 -85
Net Nonoperating Expense (NNE)		 8.54 13 19 12 16 9.20 11 19 9.85 -1.28
Net Nonoperating Obligations (NNO)		 170 164 182 209 393 426 453 716 664 598
Total Depreciation and Amortization (D&A)		 38 37 27 49 34 34 18 49 -19 48
Debt-free, Cash-free Net Working Capital to Revenue		 -9.61% -10.12% -10.91% -8.37% -11.31% -9.51% -11.27% -9.42% -15.03% -12.22%
Debt-free Net Working Capital to Revenue		 30.84% 32.12% 32.37% 23.41% 9.88% 11.87% 12.07% -3.28% -6.09% -5.35%
Net Working Capital to Revenue		 29.49% 30.80% 30.96% 22.19% 8.77% 10.86% 11.02% -4.36% -6.96% -6.13%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.08 $0.04 ($0.04) ($0.04) $0.01 $0.26 $0.14 ($0.36) ($0.01) $0.01
Adjusted Weighted Average Basic Shares Outstanding		 73.04M 73.49M 73.42M 69.31M 63.58M 67.79M 59.88M 57.70M 56.29M 56.74M
Adjusted Diluted Earnings per Share		 $0.08 $0.04 ($0.04) ($0.04) $0.04 $0.25 $0.12 ($0.36) ($0.02) $0.01
Adjusted Weighted Average Diluted Shares Outstanding		 74.76M 75.17M 73.42M 69.31M 64.66M 68.81M 60.92M 57.70M 57.32M 57.65M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 74.04M 74.03M 73.96M 73.88M 68.48M 67.89M 67.77M 58.35M 57.84M 57.36M
Normalized Net Operating Profit after Tax (NOPAT)		 26 25 26 8.07 27 34 17 5.08 16 4.99
Normalized NOPAT Margin		 5.55% 5.46% 5.66% 1.87% 6.46% 8.38% 4.25% 1.30% 4.14% 1.42%
Pre Tax Income Margin		 3.21% 3.60% 2.05% 0.82% 1.60% 7.78% 3.45% -3.37% 1.89% 2.47%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 2.31 1.67 1.17 0.95 1.26 2.87 1.78 0.07 1.34 1.45
NOPAT to Interest Expense		 2.45 1.29 0.74 1.06 1.31 2.06 1.59 0.30 0.96 0.42
EBIT Less CapEx to Interest Expense		 -2.94 -0.69 -1.01 -2.79 -1.16 0.28 -0.72 -4.10 -6.69 -0.73
NOPAT Less CapEx to Interest Expense		 -2.80 -1.07 -1.44 -2.68 -1.11 -0.53 -0.91 -3.87 -7.06 -1.76
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 11.64% 15.92% 11.49% 0.00% 19.69% 15.07% 37.78% 0.00% 2.66% 0.00%
Augmented Payout Ratio		 11.64% 15.92% 11.49% 0.00% 19.69% 15.07% 37.78% 0.00% 2.66% 0.00%

Frequently Asked Questions About RadNet's Financials

When does RadNet's fiscal year end?

According to the most recent income statement we have on file, RadNet's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has RadNet's net income changed over the last 9 years?

RadNet's net income appears to be on an upward trend, with a most recent value of $38.84 million in 2024, rising from $8.64 million in 2015. The previous period was $30.34 million in 2023. View RadNet's forecast to see where analysts expect RadNet to go next.

What is RadNet's operating income?
RadNet's total operating income in 2024 was $104.62 million, based on the following breakdown:
  • Total Gross Profit: $249.12 million
  • Total Operating Expenses: $144.49 million
How has RadNet revenue changed over the last 9 years?

Over the last 9 years, RadNet's total revenue changed from $845.66 million in 2015 to $1.83 billion in 2024, a change of 116.4%.

How much debt does RadNet have?

RadNet's total liabilities were at $2.15 billion at the end of 2024, a 14.7% increase from 2023, and a 79,533.1% increase since 2015.

How much cash does RadNet have?

In the past 9 years, RadNet's cash and equivalents has ranged from $0.00 in 2015 to $740.02 million in 2024, and is currently $740.02 million as of their latest financial filing in 2024.

How has RadNet's book value per share changed over the last 9 years?

Over the last 9 years, RadNet's book value per share changed from 0.71 in 2015 to 12.19 in 2024, a change of 1,614.3%.


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This page (NASDAQ:RDNT) was last updated on 6/1/2025 by MarketBeat.com Staff
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