Mednax (MD) stock price, revenue, and financials

Mednax market cap is $2 b, and annual revenue was $3.65 b in FY 2018

$2 B

MD Mkt cap, 21-Oct-2019

$868.3 M

Mednax Revenue Q2, 2019
Mednax Net income (Q2, 2019)-8.2 M
Mednax EBIT (Q2, 2019)80.5 M
Mednax Cash, 30-Jun-201924.5 M
Mednax EV2.3 B

Mednax Revenue Breakdown

Embed Graph

Mednax revenue breakdown by business segment: 39.8% from Neonatology and other pediatric subspecialties, 39.8% from Management services, 8.2% from Anesthesiology, 6.1% from Radiology, 5.1% from Pediatric cardiology and 1.0% from Other

Mednax Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.2b2.4b2.8b3.2b3.5b3.6b

Revenue growth, %

13%14%15%

General and administrative expense

218.2m305.9m372.6m417.1m432.4m

Operating expense total

1.7b2.2b2.6b3.0b3.2b

Depreciation and amortization

40.0m64.2m89.3m102.9m111.3m

EBIT

452.1m511.2m557.9m571.7m480.1m445.8m

EBIT margin, %

21%21%20%18%14%12%

Interest expense

5.4m3.3m23.1m63.1m74.6m88.8m

Pre tax profit

448.4m138.9m539.7m513.8m410.4m368.8m

Income tax expense

167.9m50.6m204.0m189.2m(90.0m)(100.2m)

Net Income

280.5m317.2m335.7m324.6m320.4m268.6m

Mednax Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

31.1m47.9m51.6m55.7m60.2m36.7m

Accounts Receivable

285.4m352.2m444.7m495.3m504.0m542.3m

Current Assets

408.8m467.1m527.8m587.1m627.2m657.4m

PP&E

59.9m66.0m83.6m103.1m123.5m133.0m

Goodwill

2.4b2.8b3.4b3.8b4.3b4.4b

Total Assets

3.0b3.6b4.5b5.3b5.9b5.9b

Accounts Payable

308.8m380.7m395.8m407.9m438.0m469.3m

Short-term debt

92.0k10.5m11.9m22.1m1.4m253.0k

Current Liabilities

326.8m416.3m428.8m448.9m531.4m500.2m

Long-term debt

143.0k190.9m343.5m783.5m1.1b739.5m

Total Debt

27.1m201.3m355.4m805.6m1.1b739.8m

Total Liabilities

706.4m2.1b2.6b2.8b2.8b

Additional Paid-in Capital

858.0m886.9m926.2m974.3m1.0b992.6m

Retained Earnings

1.5b1.4b1.5b1.8b2.0b2.1b

Total Equity

2.3b2.3b2.4b2.8b3.1b3.1b

Debt to Equity Ratio

0 x0.1 x0.1 x0.3 x0.4 x

Debt to Assets Ratio

0 x0.1 x0.1 x0.2 x0.2 x

Financial Leverage

1.3 x1.6 x1.9 x1.9 x1.9 x1.9 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

16.2m19.8m17.7m71.8m50.2m65.3m60.9m55.5m51.9m52.8m41.8m40.4m48.4m40.9m38.1m34.5m26.5m24.5m

Accounts Receivable

272.8m315.7m327.4m345.2m360.9m380.5m406.8m465.8m461.2m487.0m487.7m480.4m520.0m542.6m528.0m522.8m522.6m504.2m

Current Assets

373.0m396.0m407.7m481.1m478.0m525.5m573.2m551.4m548.5m575.5m562.4m557.6m653.3m622.7m624.9m625.4m1.1b985.5m

PP&E

60.9m60.7m60.2m63.6m67.3m81.4m82.9m87.7m89.9m98.5m108.3m110.5m114.8m127.1m131.9m137.8m89.0m92.7m

Goodwill

2.4b2.5b2.5b2.7b2.8b3.2b3.3b3.4b3.5b3.8b3.9b3.9b4.1b4.3b4.3b4.3b4.1b4.1b

Total Assets

3.0b3.1b3.2b3.5b3.6b4.3b4.5b4.6b4.8b5.3b5.4b5.4b5.7b5.9b5.9b5.8b5.7b5.6b

Accounts Payable

256.6m178.1m241.8m300.3m212.3m286.7m351.6m260.4m300.1m363.3m256.3m320.1m402.3m302.6m358.3m413.7m313.0m386.4m

Short-term debt

10.4m12.0m11.8m11.9m17.0m19.6m24.4m27.0m29.3m1.1m860.0k535.0k

Current Liabilities

274.0m222.2m262.8m329.3m267.4m311.8m404.6m312.7m332.1m413.0m328.6m350.1m476.0m357.0m411.2m435.9m415.2m441.0m

Long-term debt

159.0k108.0k90.0k651.0k188.2m187.9m185.0m916.8m909.5m905.2m985.0m860.5m919.0m1.2b1.1b1.3b392.0m351.5m

Total Debt

123.5m248.0m178.5m287.5m198.7m199.9m196.8m928.7m926.4m924.8m1.0b887.5m948.3m1.2b1.2b1.3b392.0m351.5m

Total Liabilities

745.8m792.1m769.7m973.1m1.5b2.1b2.2b2.2b2.2b2.7b2.7b2.6b2.8b2.7b2.7b2.8b2.9b2.9b

Additional Paid-in Capital

828.5m858.5m884.5m898.6m875.4m897.6m917.5m931.0m946.1m959.0m979.0m991.1m1.0b1.0b1.0b998.7m977.9m967.4m

Retained Earnings

1.4b1.4b1.5b1.6b1.2b1.3b1.4b1.5b1.6b1.7b1.8b1.8b1.9b2.1b2.2b2.0b1.8b1.8b

Total Equity

2.2b2.3b2.4b2.5b2.1b2.2b2.3b2.5b2.6b2.7b2.8b2.8b2.9b3.1b3.2b3.0b2.8b2.7b

Debt to Equity Ratio

0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.4 x0.4 x0.3 x0.4 x0.3 x0.3 x0.4 x0.4 x0.4 x

Debt to Assets Ratio

0 x0.1 x0.1 x0.1 x0 x0 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x

Financial Leverage

1.3 x1.3 x1.3 x1.4 x1.7 x1.9 x1.9 x1.9 x1.9 x2 x2 x1.9 x1.9 x1.9 x1.8 x1.9 x2.1 x2.1 x

Mednax Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

280.5m317.2m335.7m324.6m320.4m268.6m

Depreciation and Amortization

40.0m46.0m64.2m89.3m102.9m111.3m

Accounts Receivable

(37.3m)(57.0m)(55.4m)(34.0m)7.8m(36.6m)

Inventories

212.0k1.5m(4.9m)(783.0k)

Accounts Payable

49.2m66.0m(7.9m)11.6m24.6m15.4m

Cash From Operating Activities

9.9m16.8m3.6m368.7m

Purchases of PP&E

(15.7m)(18.1m)(27.1m)(39.3m)(49.3m)(48.9m)

Cash From Investing Activities

(263.5m)(503.6m)(848.0m)(821.2m)(576.6m)(142.8m)

Cash From Financing Activities

482.9m

Interest Paid

3.3m7.3m20.4m60.5m73.8m82.5m

Income Taxes Paid

126.4m161.8m181.0m176.0m75.4m185.4m

Mednax Ratios

USDY, 2019

EV/EBIT

28.5 x

EV/CFO

36.5 x

Financial Leverage

2.1 x

Mednax Employee Rating

2.9348 votes
Culture & Values
2.7
Work/Life Balance
3.0
Senior Management
2.3
Salary & Benefits
2.9
Career Opportunities
2.4
Source