What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

RadNet RDNT Gross Profit

Discontinued — last reported Q4 '19

Gross Profit at other companies

GE HealthCare TechnologiesGEHC

$1.98B-1.7%

Lantheus HoldingsLNTH

$230.92M-2.9%

DanaherDHR

$3.59B+2.3%

Envista Holdings CorporationNVST

$390.1M+16.1%

Teledyne TechnologiesTDY

$673.8M+8.8%

Mirion TechnologiesMIR

$119.1M+23.9%

Other financials

Income statement

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Revenue$575.6M+22.1%

Operating income-$23.9M+0.8%

Net income-$33.5M+11.8%

EPS (diluted)-$0.43+15.7%

Balance sheet

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Cash & equivalents$455.3M-36.5%

Total debt$1.9B+10.8%

Total equity$1.1B+20.3%

Total assets$3.9B+16.5%

Cash flow

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Operating cash flow$79.0M+90.4%

CapEx$69.9M+43.2%

Free cash flow$9.0M+223%

Valuation

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Market cap$4.23B+17.8%

Enterprise value$5.7B+23.5%

P/S2×+0.1×

Profitability

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Gross margin13.4%—

Operating margin2.9%-0.8pp

Net margin-0.7%-0.3pp

FCF margin5.1%+0.9pp

Returns & leverage

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Return on equity-1.4%-0.5pp

Debt / equity1.8×-0.2×

Current ratio1.2×-0.8×

Where this comes from

Calculated from RadNet’s reported figures.

$300.8Mtotal revenue−$255.7Mtotal cost of revenue=$45.15M

The official record: RadNet’s 10-K, filed March 1, 2022, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.