RadNet (RDNT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

RadNet

NasdaqGM•Healthcare•Diagnostics & Research

$75.78-1.34(-0.02%)Pre-market

Market Cap

$6.05B

P/S

2.7x

P/B

5.5x

RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States and internationally. The company operates in two segments, Imaging Centers and Digital Health. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures, as well as multi-modality imaging services. The company also develops and sells computerized systems that distribute, display, store, and retrieve digital images; picture archiving communications systems and related services; and develops and deploys AI suites to enhance radiologist interpretations of breast, lung, and prostate images, as well as solutions for prostate cancer screening. In addition, it develops and delivers AI-powered health informatics solutions to drive quality, efficiency, and outcomes in imaging and radiology; informatics designed for outpatient radiology; and DeepHealth OS, a cloud-native operating system that helps in the operations of the radiology service. RadNet, Inc. was founded in 1981 and is headquartered in Los Angeles, California.

How this company scores

AverageMetricSide Score: 46/100

Strongest: Growth (16/25); weakest: Cash & Earnings Quality (7/25).

Profitability11/25

Growth16/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality7/25

Strengths

Growing revenueLong cash runwayConsistent growthImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 1930.7x5y range 42.3x – 1930.7x

Currently above its 11-quarter median.

P/S · 2.7x5y range 0.7x – 2.9x

Currently above its 20-quarter median.

P/B · 5.5x5y range 3.1x – 7.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Watch

Operating margins declined 7.9% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -5.3x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $6.05B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.27B
Q. Revenue: $622.72M
TTM EBITDA: $225.90M
TTM Op. Income: $70.78M
Q. Op. Income: $39.47M
TTM Net Income: $-21.12M
Q. Net Income: $7.53M
EPS: $0.1
Shares Out.: $77.79M

$2.27B in TTM revenue grew 18.9% YoY, reaching $622.72M last quarter. TTM EBITDA of $225.90M and TTM operating income of $70.78M show growth is flowing through to the bottom line. However, net income is negative at $21.12M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 13.6%
Op. Margin: 6.3%
Net Margin: 1.2%

Op. margin of 6.3% is up 0.1% YoY — cost efficiency is improving. Net margin at 1.2% Over the past year, operating margin is up 2% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 2.7x
P/B Ratio: 5.5x

P/S of 2.7x and P/B of 5.5x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.23B
Cash: $726.27M
Long-Term Debt: $1.30B
Book Value: $1.10B
D/E Ratio: 1.2
Debt/EBITDA: 15.3

With $4.23B in assets and $1.30B in long-term debt, D/E is 1.2and book value is $1.10B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $94.10M
TTM Free Cash Flow: $72.37M
FCF Margin: 3.2%
FCF / Net Income: -3.4

TTM FCF of $72.37M on $94.10M in operating cash flow. The FCF / Net Income ratio of -3.4x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 5% — a weakening trend.