RadNet (RDNT) Financials

$53.36 -0.05 (-0.09%)

As of 04/14/2025 04:00 PM Eastern

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

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

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

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

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

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

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

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

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

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

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

Frequently Asked Questions About RadNet's Financials

When does RadNet's financial year end?

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

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 4/15/2025 by MarketBeat.com Staff

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RadNet (RDNT) Financials

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RadNet (RDNT) Financials

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