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RadNet, Inc. RDNT R2K

Healthcare · Diagnostics & Research · United States
https://www.radnet.com

RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States and internationally. The company operates in two segments, Imaging Centers and Digital Health. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems that distribute, display, store, and retrieve digital images; picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretations of breast, lung, and prostate images, as well as solutions for prostate cancer screening. In addition, it develops and delivers AI-powered health informatics solutions to drive quality, efficiency, and outcomes in imaging and radiology; informatics designed for outpatient radiology; and DeepHealth OS, a cloud-native operating system that helps in the operations of the radiology service. RadNet, Inc. was founded in 1981 and is headquartered in Los Angeles, California.

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$55.53
-3.41% 1Y

Market & Price

Market Cap
$4.37B
Current Price
$55.53
High / Low (52W)
$84.48 / $52.39
Beta
1.43

Valuation

Stock P/E
-
Industry PE
23.65
Forward P/E
58.87
PEG Ratio
0.96
Book Value
$14.08
Price to Book
3.94
P/S
2.04
EV/EBITDA
24.19
Dividend Yield
-

Profitability & Returns

ROCE
3.21%
ROE
1.77%
ROA
1.58%
Profit Margin
-0.66%
Op Margin
-2.85%
EPS (Latest Qtr)
$-0.43
EPS (TTM)
$-0.17

Balance Sheet & Liquidity

Debt/Equity
1.43
Quick Ratio
1.05
Current Ratio
1.17
Debt
$1.93B
Total Assets
$3.76B
Current Assets
$1.03B
Working Capital
$445.36M

Ownership

Promoter Holding
9.95%
Chg in Prom Hold
-
FII / Inst Holding
100.04%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$6.12B
Total Revenue (TTM)
$2.14B
EBITDA
$252.91M
Free Cash Flow
$190.47M
Operating Cash Flow
$336.31M
Shares Outstanding
78.63M
Gross Margin
17.20%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
12.57%
Profit 5Y
-91.71%
Revenue (YoY)
22.10%
Earnings (YoY)
-

PROS

  • Compounding revenue at 12.6% over 5 years.
  • Generates positive free cash flow.

CONS

  • Earnings shrank at -91.7% CAGR over 5 years.
  • Trading 34.3% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 RDNT RadNet, Inc. R2K 55.53 - $4.37B - 3.21% 1.77% 12.57% -91.71%
2 LLY Eli Lilly and Company SPX 1,105.00 39.21 $985.37B 0.63% 38.44% 107.46% 31.69% 48.96%
3 JNJ Johnson & Johnson SPX 225.33 26.11 $542.42B 2.38% 23.13% 26.42% 5.60% 14.32%
4 UNH UnitedHealth Group Incorporated SPX 380.31 28.66 $345.38B 2.32% 9.60% 12.18% 11.35% -15.69%
5 MRK Merck & Co., Inc. SPX 118.72 33.44 $293.22B 2.86% 20.66% 18.94% 3.12% 7.93%
6 TMO Thermo Fisher Scientific Inc. SPX 492.51 27.11 $183.03B 0.38% 9.17% 13.52% -0.27% -1.19%
7 AMGN Amgen Inc. NDXSPX 336.79 23.42 $181.77B 2.99% 18.02% 101.32% 11.77% 5.58%
8 GILD Gilead Sciences, Inc. NDXSPX 134.43 18.29 $166.90B 2.44% 22.92% 43.36% 2.57% 22.83%
9 ISRG Intuitive Surgical, Inc. NDXSPXAI 424.64 51.53 $150.39B - 15.96% 17.23% 17.39% 29.26%
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Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ----------------289.10M292.69M-281.56M190.57M291.78M315.32M333.92M332.69M341.77M354.38M350.04M390.56M403.71M401.97M431.71M459.71M--471.40M498.23M522.87M547.71M575.63M
Cost of Revenue -----------------------------------453.48M429.08M450.38M471.78M550.51M
Gross Profit -----------------------------------17.92M69.14M72.49M75.93M25.12M
Operating Expenses -----------------------------------35.48M35.99M39.80M40.85M44.97M
Operating Income 13.38M17.23M-2.98M8.08M12.45M-6.75M14.16M10.84M--888.00K15.87M16.45M-7.27M21.98M16.85M--8.78M179.00K23.38M17.65M27.68M32.57M-1.72M19.56M6.92M6.67M24.44M43.25M11.34M34.85M---17.56M33.15M32.69M35.08M-19.85M
EBITDA -----------------------------------19.59M77.04M77.43M139.76M29.80M
Interest Expense -----------------------------------17.24M17.19M17.36M18.13M17.66M
Pretax Income ------------------------------------33.13M23.85M20.27M20.92M-32.83M
Tax Provision ------------------------------------3.40M820.00K6.38M11.05M-8.10M
Net Income 3.40M7.99M881.00K-1.72M3.62M1.65M3.68M-1.21M5.31M3.23M-7.28M-7.34M5.41M5.04M29.14M-3.73M4.90M3.19M10.40M-16.36M-10.59M6.16M9.46M2.87M16.22M3.01M7.91M668.00K-21.00M8.37M17.54M-2.78M-2.98M---37.93M14.45M5.42M-597.00K-33.47M
Diluted EPS 0.080.180.02-0.040.080.040.08-0.030.110.07-0.15-0.150.110.100.59-0.080.100.060.21-0.33-0.210.120.180.050.300.050.130.01-0.360.120.25-0.04-0.040.04--0.510.190.07--0.43

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ---------975.15M1.15B1.07B-1.43B1.62B1.83B2.04B
Cost of Revenue -------------1.26B1.40B1.58B1.80B
Gross Profit -------------165.72M221.39M249.12M235.49M
Operating Expenses -------------115.88M128.39M137.84M152.13M
Operating Income 42.10M41.71M50.66M12.64M43.60M53.30M39.12M38.48M50.05M30.89M69.88M35.68M-49.84M93.00M111.28M83.36M
EBITDA -------------278.53M292.79M323.10M313.82M
Interest Expense -------------50.84M64.48M79.85M69.91M
Pretax Income -------------42.97M38.81M44.86M31.91M
Tax Provision -------------9.36M8.47M6.03M14.86M
Net Income -2.27M-12.85M7.23M12.39M2.12M1.38M7.71M7.23M53.00K32.24M14.76M-14.84M-10.65M3.04M2.79M-18.65M
Diluted EPS -0.06-0.350.191.520.050.030.170.150.000.660.29-0.29-0.170.050.04-0.25

Compounded Sales Growth

5 Years:12.57%
1 Year:22.10%

Compounded Profit Growth

5 Years:-91.71%
1 Year:-

Stock Price Performance

1 Year:-3.41%
6 Months:-33.02%
3 Months:-20.46%
1 Month:-0.64%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --539.51M619.19M710.86M40.65M740.68M836.43M849.48M868.98M1.11B1.65B1.79B-2.43B2.69B3.29B3.76B
Current Assets --------------367.18M579.28M1.02B1.03B
Cash & Equivalents -10.09M627.00K2.09M362.00K8.41M307.00K446.00K20.64M51.32M10.39M40.16M102.02M-127.83M342.57M740.02M767.22M
Inventory ------------------
Receivables --------------166.36M163.71M185.82M200.32M
Total Liabilities --621.99M689.00M717.55M5.64M732.98M799.97M797.42M799.05M909.08M1.41B1.53B-1.94B1.88B2.15B2.40B
Current Liabilities --105.26M122.38M119.04M2.98M133.27M156.96M155.34M191.61M239.52M327.43M398.11M-466.72M437.45M479.71M586.76M
Long Term Debt ---543.19M573.76M-------612.91M-839.34M812.07M991.57M1.06B
Total Debt --------------1.51B1.49B1.73B1.86B
Total Equity -81.03M-74.76M-82.47M-69.81M-6.68M-80.00K7.70M36.46M52.05M61.56M127.18M151.69M165.74M-333.00M630.70M902.31M1.09B
Shares Outstanding --------------57.72M67.96M74.04M77.40M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 76.62M66.88M57.64M75.27M66.42M-67.04M91.64M142.22M116.75M104.32M233.76M-146.42M220.86M233.02M298.82M
Investing Cash Flow -36.28M-101.38M-87.74M-87.05M-50.66M--96.80M-65.49M-79.32M-146.75M-99.47M-126.24M--246.95M-201.47M-233.07M-343.87M
Financing Cash Flow -30.24M25.04M31.93M9.62M-7.62M-29.94M-5.91M-32.25M-10.87M24.95M-45.56M-93.65M195.63M397.95M72.21M
Capital Expenditure -30.75M-40.29M-42.72M-1.09M-48.62M-41.74M-42.96M-59.25M-61.34M-72.18M-74.15M---119.45M-176.60M-188.07M-213.25M
Free Cash Flow 45.87M26.59M14.92M74.18M17.80M-24.07M32.39M80.89M44.57M30.17M--26.97M44.26M44.95M85.57M
Net Change in Cash --------------6.88M215.03M397.90M27.16M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------------11.6%13.7%13.6%11.5%
Operating Margin % ---------3.2%6.1%3.3%-3.5%5.8%6.1%4.1%
Net Margin % ---------3.3%1.3%-1.4%-0.7%0.2%0.2%-0.9%
ROE % 3.0%15.6%-10.4%-185.4%-2,650.0%17.9%21.1%13.9%0.1%25.4%9.7%-9.0%-3.2%0.5%0.3%-1.7%
ROCE % -9.6%10.2%2.1%115.8%8.8%5.8%5.5%7.4%3.6%5.3%2.6%-2.5%4.1%4.0%2.6%

Shareholding Pattern

Insiders
9.95%
Institutions
100.04%
Public Float
111.10%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 12.76% 10.04M $557.28M
2 RTW Investments LP 5.45% 4.29M $237.95M
3 Price (T.Rowe) Associates Inc 5.28% 4.15M $230.72M
4 Vanguard Portfolio Management LLC 4.96% 3.90M $216.52M
5 Beck, Mack & Oliver LLC 4.03% 3.17M $175.82M
6 Vanguard Capital Management LLC 3.96% 3.11M $172.75M
7 State Street Corporation 3.37% 2.65M $147.24M
8 Geode Capital Management, LLC 2.19% 1.72M $95.71M
9 Invesco Ltd. 2.08% 1.63M $90.71M
10 JB Capital Partners LP 1.81% 1.42M $79.08M

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