Stocks · Health care · Services-Medical Laboratories

RadNet, Inc.

RDNT Clue Score36
United States Fiscal year ends December CIK 0000790526
$70.91 +3.96% Close, 9 Oct 2026
Price $70.91 +161.27% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue884.5Operating income38.5Net income7.2EPS, diluted0.15Fiscal year 2017Revenue922.2 +4.3%Operating income50.1Net income0.1 −99.3%EPS, diluted0.00 −100.0%Fiscal year 2018Revenue975.1 +5.7%Operating income30.9Net income32.2 +60,735.8%EPS, diluted0.66Fiscal year 2019Revenue1,154.2 +18.4%Operating income69.9Net income14.8 −54.2%EPS, diluted0.29 −56.1%Fiscal year 2020Revenue1,071.8 −7.1%Operating income35.7Net income−14.8 −200.6%EPS, diluted−0.29 −200.0%Fiscal year 2021Revenue1,315.1 +22.7%Operating income82.6Net income24.7EPS, diluted0.46Fiscal year 2022Revenue1,430.1 +8.7%Operating income46.4Net income10.7 −56.9%EPS, diluted0.17 −63.0%Fiscal year 2023Revenue1,616.6 +13.0%Operating income98.7Net income3.0 −71.4%EPS, diluted0.05 −70.6%Fiscal year 2024Revenue1,829.7 +13.2%Operating income104.6Net income2.8 −8.2%EPS, diluted0.04 −20.0%Fiscal year 2025Revenue2,040.2 +11.5%Operating income62.0Net income−18.7 −767.8%EPS, diluted−0.25 −725.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 884.5 922.2 975.1 1,154.2 1,071.8 1,315.1 1,430.1 1,616.6 1,829.7 2,040.2
Growth +4.3% +5.7% +18.4% −7.1% +22.7% +8.7% +13.0% +13.2% +11.5%
Operating income 38.5 50.1 30.9 69.9 35.7 82.6 46.4 98.7 104.6 62.0
Net income 7.2 0.1 32.2 14.8 −14.8 24.7 10.7 3.0 2.8 −18.7
Growth −99.3% +60,735.8% −54.2% −200.6% −56.9% −71.4% −8.2% −767.8%
EPS, diluted 0.15 0.00 0.66 0.29 −0.29 0.46 0.17 0.05 0.04 −0.25
Growth −100.0% −56.1% −200.0% −63.0% −70.6% −20.0% −725.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin4.4%Net margin0.8%Free cash flow margin3.7%Fiscal year 2017Operating margin5.4%Net margin0.0%Free cash flow margin8.8%Fiscal year 2018Operating margin3.2%Net margin3.3%Free cash flow margin4.6%Fiscal year 2019Operating margin6.1%Net margin1.3%Free cash flow margin2.6%Fiscal year 2020Operating margin3.3%Net margin−1.4%Fiscal year 2021Operating margin6.3%Net margin1.9%Fiscal year 2022Operating margin3.2%Net margin0.7%Fiscal year 2023Operating margin6.1%Net margin0.2%Fiscal year 2024Operating margin5.7%Net margin0.2%Fiscal year 2025Operating margin3.0%Net margin−0.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 4.4% 5.4% 3.2% 6.1% 3.3% 6.3% 3.2% 6.1% 5.7% 3.0%
Net margin 0.8% 0.0% 3.3% 1.3% −1.4% 1.9% 0.7% 0.2% 0.2% −0.9%
Free cash flow margin 3.7% 8.8% 4.6% 2.6% n/a n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow91.6Capital expenditure−59.3Free cash flow32.4Fiscal year 2017Operating cash flow142.2Capital expenditure−61.3Free cash flow80.9 +149.7%Fiscal year 2018Operating cash flow116.8Capital expenditure−72.2Free cash flow44.6 −44.9%Fiscal year 2019Operating cash flow104.3Capital expenditure−74.2Free cash flow30.2 −32.3%Fiscal year 2020Operating cash flow233.8Fiscal year 2021Operating cash flow149.5Fiscal year 2022Operating cash flow146.4Fiscal year 2023Operating cash flow220.9Fiscal year 2024Operating cash flow233.0Fiscal year 2025Operating cash flow298.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 91.6 142.2 116.8 104.3 233.8 149.5 146.4 220.9 233.0 298.8
Capital expenditure −59.3 −61.3 −72.2 −74.2 n/a n/a n/a n/a n/a n/a
Free cash flow 32.4 80.9 44.6 30.2 n/a n/a n/a n/a n/a n/a
Growth +149.7% −44.9% −32.3%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash20.6Total debt612.2Net cash (debt)−591.5Shareholders’ equity52.1Debt to equity11.76Fiscal year 2017Cash51.3Total debt575.0Net cash (debt)−523.7Shareholders’ equity61.6Debt to equity9.34Fiscal year 2018Cash10.4Shareholders’ equity127.2Fiscal year 2019Cash40.2Shareholders’ equity151.7Fiscal year 2020Cash102.0Total debt652.7Net cash (debt)−550.7Shareholders’ equity165.7Debt to equity3.94Fiscal year 2021Cash134.6Total debt754.7Net cash (debt)−620.1Shareholders’ equity228.9Debt to equity3.30Fiscal year 2022Cash127.8Total debt851.7Net cash (debt)−723.9Shareholders’ equity333.0Debt to equity2.56Fiscal year 2023Cash342.6Total debt830.0Net cash (debt)−487.5Shareholders’ equity630.7Debt to equity1.32Fiscal year 2024Cash740.0Total debt1,016.3Net cash (debt)−276.2Shareholders’ equity902.3Debt to equity1.13Fiscal year 2025Cash767.2Total debt1,089.9Net cash (debt)−322.7Shareholders’ equity1,089.9Debt to equity1.00
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 20.6 51.3 10.4 40.2 102.0 134.6 127.8 342.6 740.0 767.2
Total debt 612.2 575.0 n/a n/a 652.7 754.7 851.7 830.0 1,016.3 1,089.9
Net cash (debt) −591.5 −523.7 n/a n/a −550.7 −620.1 −723.9 −487.5 −276.2 −322.7
Shareholders’ equity 52.1 61.6 127.2 151.7 165.7 228.9 333.0 630.7 902.3 1,089.9
Debt to equity 11.76 9.34 n/a n/a 3.94 3.30 2.56 1.32 1.13 1.00

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
884.5 922.2 975.1 1,154.2 1,071.8 1,315.1 1,430.1 1,616.6 1,829.7 2,040.2
Growth +4.3% +5.7% +18.4% −7.1% +22.7% +8.7% +13.0% +13.2% +11.5%
775.8 802.4 867.5 999.7 n/a n/a n/a n/a n/a n/a
38.5 50.1 30.9 69.9 35.7 82.6 46.4 98.7 104.6 62.0
Growth +30.1% −38.3% +126.2% −48.9% +131.3% −43.8% +112.9% +6.0% −40.7%
12.4 26.4 38.5 29.7 −0.9 58.9 43.0 38.8 44.9 31.9
4.4 24.3 0.4 6.2 0.9 14.6 9.4 8.5 6.0 14.9
7.2 0.1 32.2 14.8 −14.8 24.7 10.7 3.0 2.8 −18.7
Growth −99.3% +60,735.8% −54.2% −200.6% −56.9% −71.4% −8.2% −767.8%
Per share
0.16 0.00 0.67 0.30 −0.29 0.47 0.19 0.05 0.04 −0.25
0.15 0.00 0.66 0.29 −0.29 0.46 0.17 0.05 0.04 −0.25
Growth −100.0% −56.1% −200.0% −63.0% −70.6% −20.0% −725.0%
46.2 46.9 48.1 49.7 50.9 52.5 56.3 63.6 73.0 75.2
46.7 47.4 48.7 50.2 50.9 53.4 57.3 64.7 74.8 75.2
Growth +1.6% +2.7% +3.2% +1.3% +5.0% +7.3% +12.8% +15.6% +0.6%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 13.7% a year over five years.
  • The diluted share count rose 47.7% in five years, which is dilution.
  • Operating margin is flat at 3.0%.
  • A net loss in 2 of 10 years on file.