RadNet, Inc. is the leading national provider of freestanding, fixed-site diagnostic imaging services in the United States based on the number of locations and annual imaging revenue. It offers to its patients and referring physicians the full spectrum of diagnostic imaging exams, including PET/CT, MRI, CT, Nuclear Medicine, Mammography, Ultrasound and X-ray, as well as numerous other procedures. 

Company Growth (employees)
Type
Public
HQ
Los Angeles, US
Founded
1980
Size (employees)
5,059 (est)-3%
Website
radnet.com
RadNet was founded in 1980 and is headquartered in Los Angeles, US

RadNet Office Locations

RadNet has offices in Los Angeles and Milford Mill
Los Angeles, US (HQ)
1510 Cotner Ave
Milford Mill, US
7253 Ambassador Rd

RadNet Financials and Metrics

RadNet Financials

RadNet's revenue was reported to be $884.5 m in FY, 2016
USD

Revenue (Q2, 2017)

230 m

Net income (Q2, 2017)

5.6 m

EBIT (Q2, 2017)

14.2 m

Market capitalization (13-Nov-2017)

461.5 m

Cash (30-Jun-2017)

12.7 m

EV

454.2 m
RadNet's current market capitalization is $461.5 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

703 m717.6 m809.6 m884.5 m

Revenue growth, %

2%13%9%

EBIT

43.6 m53.3 m39.1 m38.5 m

EBIT margin, %

6%7%5%4%
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

175.2 m168.9 m179.1 m184.1 m181.3 m204.3 m208.4 m216.4 m218.6 m224.6 m229 m230 m

Operating expense total

166.6 m161.3 m163.4 m168.8 m183.2 m190.9 m191.1 m213.4 m210.5 m212.2 m222.3 m215.9 m

EBIT

8.6 m7.5 m15.6 m15.2 m(1.9 m)13.4 m17.2 m3 m8.1 m12.5 m6.7 m14.2 m

EBIT margin, %

5%4%9%8%(1%)7%8%1%4%6%3%6%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

8.4 m307 k446 k20.6 m

Accounts Receivable

133.6 m148.2 m162.8 m164.2 m

Inventories

21 m24.7 m40.1 m28.4 m

Current Assets

176.3 m192 m230.5 m217.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

268 k291 k831 k274 k154 k5.3 m36.1 m410 k433 k358 k8.3 m12.7 m

Accounts Receivable

134.3 m140.6 m147 m155 m153.3 m156 m159.2 m177.8 m165.1 m183.2 m169.5 m170.2 m

Current Assets

158.2 m182.9 m188.3 m197.2 m194.3 m243.4 m256.3 m237.9 m222.6 m237.7 m208.4 m207.7 m

PP&E

217.4 m226.2 m225.5 m225.6 m222.2 m225.9 m232.5 m254.9 m250.4 m249.4 m257.5 m253.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2.4 m1.7 m8.6 m8 m

Depreciation and Amortization

58.9 m59.3 m60.6 m66.6 m

Accounts Receivable

(32 m)(44 m)(35 m)(47.1 m)

Accounts Payable

(3.2 m)(9.1 m)(3.7 m)4.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(367 k)(12.4 m)5.3 m4.5 m(4.5 m)(913 k)7.4 m(1.4 m)1.9 m3.9 m(860 k)4.8 m

Depreciation and Amortization

14.8 m15.6 m15.2 m14.4 m14.3 m29.2 m43.8 m16.4 m32.2 m49.5 m16.7 m33.3 m

Accounts Receivable

147 m155 m153.3 m(19.4 m)(32.5 m)(25.3 m)(24.9 m)(53.3 m)(17 m)(29.4 m)

Cash From Operating Activities

28 m40.1 m21 m51.4 m54.7 m30.9 m50.2 m
Y, 2017

EV/EBIT

32.1 x

EV/CFO

9.1 x

Financial Leverage

13.4 x
Show all financial metrics

RadNet Operating Metrics

RadNet's Imaging Centers was reported to be 305 in FY, 2016, which is a 2% increase from the previous period
FY, 2014FY, 2015FY, 2016

Procedures

5 m5.64 m6.11 m

Imaging Centers

259300305
Show all operating metrics

RadNet Market Value History

RadNet's Web-traffic and Trends

RadNet Online and Social Media Presence

RadNet Company Life and Culture

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