RadNet, Inc. (RDNT) Financial Ratios
30 years of historical data (1996–2025) · Healthcare · Medical - Diagnostics & Research
EV/EBITDA
↑
22.54
↑+31% vs avg
5yr avg: 17.20
30Y Low5.6·High26.6
P/FCF
↑
51.24
↓-33% vs avg
5yr avg: 76.55
30Y Low0.8·High135.2
P/B Ratio
↓
3.09
↓-15% vs avg
5yr avg: 3.63
30Y Low2.2·High47.9
ROE
↓
-1.5%
↑-175% vs avg
5yr avg: 2.0%
30Y Low-6%·High35%
Debt/EBITDA
↑
7.65
+19% vs avg
5yr avg: 6.41
30Y Low4.9·High27.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
RDNT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
RadNet, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 51.2x P/FCF, 33% below the 5-year average of 76.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.4B | $5.4B | $5.2B | $2.2B | $1.1B | $1.6B | $996M | $1.0B | $495M | $479M | $301M |
| Enterprise Value | $5.5B | $6.5B | $6.2B | $3.4B | $2.5B | $2.9B | $2.1B | $2.2B | $1.2B | $1.0B | $919M |
| P/E Ratio → | -223.04 | — | 1867.38 | 738.22 | 110.76 | 65.46 | — | 43.19 | 15.41 | 9181.82 | 43.00 |
| P/S Ratio | 2.15 | 2.63 | 2.85 | 1.39 | 0.75 | 1.22 | 0.93 | 0.88 | 0.51 | 0.52 | 0.34 |
| P/B Ratio | 3.09 | 3.96 | 4.61 | 2.76 | 2.20 | 4.65 | 3.86 | 4.37 | 2.47 | 6.85 | 5.78 |
| P/FCF | 51.24 | 62.70 | 116.15 | 50.79 | — | — | 9.19 | 337.84 | — | 9.16 | 11.71 |
| P/OCF | 14.67 | 17.95 | 22.41 | 10.18 | 7.37 | 10.76 | 4.26 | 9.78 | 4.24 | 3.39 | 3.29 |
P/E links to full P/E history page with 30-year chart
RDNT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
RadNet, Inc.'s enterprise value stands at 22.5x EBITDA, 31% above its 5-year average of 17.2x. The Healthcare sector median is 14.2x, placing the stock at a 59% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.16 | 3.39 | 2.10 | 1.72 | 2.18 | 1.94 | 1.93 | 1.19 | 1.13 | 1.04 |
| EV / EBITDA | 22.54 | 26.58 | 25.61 | 11.79 | 10.67 | 11.34 | 10.92 | 10.24 | 11.15 | 8.90 | 8.75 |
| EV / EBIT | 60.31 | 71.10 | 49.80 | 32.88 | 26.28 | 26.66 | 46.17 | 28.64 | 33.34 | 19.63 | 21.82 |
| EV / FCF | — | 75.45 | 138.15 | 76.74 | — | — | 19.19 | 737.11 | — | 19.92 | 35.75 |
RDNT Profitability
Margins and return-on-capital ratios measuring operating efficiency
RadNet, Inc. earns an operating margin of 4.5%. Operating margins have compressed from 6.1% to 4.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -1.5% indicates the company is currently destroying shareholder equity. ROIC of 3.0% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 4.5% | 4.5% | 13.6% | 13.7% | 11.6% | 14.6% | 9.9% | 13.4% | 11.0% | 13.0% | 12.3% |
| Operating Margin | 4.5% | 4.5% | 5.7% | 6.1% | 3.2% | 6.3% | 3.3% | 6.1% | 3.2% | 5.4% | 4.4% |
| Net Profit Margin | -0.9% | -0.9% | 0.2% | 0.2% | 0.7% | 1.9% | -1.4% | 1.3% | 3.3% | 0.0% | 0.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -1.5% | -1.5% | 0.3% | 0.5% | 2.5% | 8.2% | -6.0% | 6.8% | 23.9% | 0.1% | 16.3% |
| ROA | -0.5% | -0.5% | 0.1% | 0.1% | 0.5% | 1.3% | -0.9% | 1.1% | 3.3% | 0.0% | 0.9% |
| ROIC | 3.0% | 3.0% | 3.8% | 3.9% | 2.0% | 4.2% | 1.9% | 4.6% | 3.1% | 5.8% | 4.3% |
| ROCE | 3.0% | 3.0% | 4.1% | 4.7% | 2.5% | 5.4% | 2.6% | 6.4% | 4.0% | 7.3% | 5.6% |
RDNT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
RadNet, Inc. carries a Debt/EBITDA ratio of 7.7x, which is highly leveraged (138% above the sector average of 3.2x). Net debt stands at $1.1B ($1.9B total debt minus $767M cash). Interest coverage of just 1.3x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.37 | 1.37 | 1.53 | 1.83 | 3.08 | 4.04 | 4.59 | 5.34 | 3.36 | 8.77 | 12.27 |
| Debt / EBITDA | 7.65 | 7.65 | 7.13 | 5.17 | 6.55 | 5.52 | 6.22 | 5.73 | 6.48 | 5.25 | 6.08 |
| Net Debt / Equity | — | 0.81 | 0.87 | 1.41 | 2.82 | 3.65 | 4.19 | 5.17 | 3.31 | 8.03 | 11.87 |
| Net Debt / EBITDA | 4.49 | 4.49 | 4.08 | 3.99 | 6.00 | 4.99 | 5.69 | 5.55 | 6.38 | 4.81 | 5.88 |
| Debt / FCF | — | 12.76 | 22.00 | 25.95 | — | — | 10.00 | 399.27 | — | 10.75 | 24.04 |
| Interest Coverage | 1.30 | 1.30 | 1.56 | 1.60 | 1.85 | 2.21 | 0.98 | 1.62 | 0.80 | 1.30 | 0.97 |
RDNT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.76x means RadNet, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.32x to 1.76x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.76 | 1.76 | 2.12 | 1.32 | 0.79 | 0.87 | 0.68 | 0.74 | 0.87 | 1.23 | 1.40 |
| Quick Ratio | 1.76 | 1.76 | 2.12 | 1.32 | 0.79 | 0.87 | 0.68 | 0.74 | 0.86 | 1.23 | 1.39 |
| Cash Ratio | 1.31 | 1.31 | 1.54 | 0.78 | 0.27 | 0.36 | 0.26 | 0.12 | 0.04 | 0.27 | 0.13 |
| Asset Turnover | — | 0.54 | 0.56 | 0.60 | 0.59 | 0.64 | 0.60 | 0.70 | 0.88 | 1.06 | 1.04 |
| Inventory Turnover | — | — | — | — | — | — | — | 489.80 | 347.16 | — | 352.16 |
| Days Sales Outstanding | — | 35.84 | 45.42 | 42.68 | 47.30 | 38.98 | 46.12 | 49.34 | 55.96 | 62.48 | 68.76 |
RDNT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
RadNet, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | 0.2% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 0.1% | 0.1% | 0.9% | 1.5% | — | 2.3% | 6.5% | 0.0% | 2.3% |
| FCF Yield | 2.0% | 1.6% | 0.9% | 2.0% | — | — | 10.9% | 0.3% | — | 10.9% | 8.5% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% |
| Shares Outstanding | — | $75M | $75M | $65M | $57M | $53M | $51M | $50M | $49M | $47M | $47M |
Peer Comparison
Compare RDNT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 RDNTYou | $4B | -223.0 | 22.5 | 51.2 | 4.5% | 4.5% | -1.5% | 3.0% | 7.7 |
 SMID | $154M | 20.0 | 12.1 | — | 25.5% | 12.6% | 20.2% | 21.2% | 0.4 |
 USPH | $952M | 44.0 | 13.1 | 15.6 | 20.1% | 10.3% | 2.0% | 5.6% | 4.1 |
 AMSF | $590M | 12.7 | 8.9 | 66.1 | 46.4% | 18.6% | 18.5% | 21.9% | 0.0 |
 AORT | $977M | 95.9 | 24.5 | — | 61.3% | 6.1% | 2.7% | 3.2% | 5.9 |
 UHS | $9B | 6.2 | 5.5 | 10.5 | 90.4% | 11.5% | 21.0% | 12.3% | 2.1 |
 HCA | $84B | 13.3 | 8.6 | 11.0 | 41.5% | 15.8% | — | 19.9% | 3.2 |
 THC | $16B | 11.5 | 6.0 | 6.2 | 82.3% | 16.1% | 16.1% | 13.2% | 3.1 |
 CYH | $428M | 0.8 | — | 2.1 | 8.7% | -79.4% | — | -70.1% | — |
 SGRY | $2B | -23.9 | 10.1 | 9.7 | 23.1% | 11.8% | -2.2% | 4.1% | 7.1 |
 OPCH | $3B | 16.8 | 7.6 | 12.9 | 18.1% | 6.0% | 15.2% | 15.3% | — |
| Healthcare Median | — | 22.1 | 14.2 | 18.4 | 63.9% | -4.4% | -33.2% | -11.7% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
RDNT — Frequently Asked Questions
Quick answers to the most common questions about buying RDNT stock.
What is RadNet, Inc.'s P/E ratio?
RadNet, Inc.'s current P/E ratio is -223.0x. The historical average is 33.6x.
What is RadNet, Inc.'s EV/EBITDA?
RadNet, Inc.'s current EV/EBITDA is 22.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.8x.
What is RadNet, Inc.'s ROE?
RadNet, Inc.'s return on equity (ROE) is -1.5%. The historical average is 9.5%.
Is RDNT stock overvalued?
Based on historical data, RadNet, Inc. is trading at a P/E of -223.0x. Compare with industry peers and growth rates for a complete picture.
What are RadNet, Inc.'s profit margins?
RadNet, Inc. has 4.5% gross margin and 4.5% operating margin.
How much debt does RadNet, Inc. have?
RadNet, Inc.'s Debt/EBITDA ratio is 7.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.