MD
Mednax Inc
NYSE: MD · HEALTHCARE · MEDICAL CARE FACILITIES
$22.31
-2.83% today
Updated 2026-04-29
Market cap
$1.85B
P/E ratio
11.50
P/S ratio
0.97x
EPS (TTM)
$1.94
Dividend yield
—
52W range
$12 – $25
Volume
0.9M
Mednax Inc (MD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $818.55M | $917.64M | $1.07B | $1.29B | $1.40B | $1.59B | $1.82B | $2.15B | $2.44B | $2.78B | $3.18B | $3.46B | $3.65B | $1.78B | $1.73B | $1.91B | $1.97B | $1.99B | $2.01B | $1.91B |
| Revenue growth (YoY) | — | +12.1% | +16.4% | +20.6% | +8.8% | +13.3% | +14.4% | +18.6% | +13.2% | +14.0% | +14.5% | +8.6% | +5.5% | -51.2% | -2.6% | +10.2% | +3.2% | +1.1% | +0.9% | -4.9% |
| Cost of revenue | $501.55M | $567.38M | $688.21M | $835.73M | $912.43M | $1.04B | $1.20B | $1.44B | $1.63B | $1.85B | $2.15B | $2.46B | $2.66B | $1.28B | $1.28B | $1.40B | $1.50B | $1.57B | $1.56B | $1.44B |
| Gross profit | $317.00M | $350.26M | $380.06M | $452.54M | $489.13M | $551.04M | $613.88M | $710.31M | $806.52M | $928.01M | $1.03B | $1.00B | $989.51M | $503.09M | $449.32M | $513.24M | $467.03M | $421.56M | $454.34M | $471.88M |
| Gross margin | 38.7% | 38.2% | 35.6% | 35.1% | 34.9% | 34.7% | 33.8% | 33.0% | 33.1% | 33.4% | 32.5% | 28.9% | 27.1% | 28.3% | 25.9% | 26.9% | 23.7% | 21.1% | 22.6% | 24.7% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $109.06M | $119.77M | $124.97M | $124.97M | $154.27M | $170.36M | $193.54M | $218.21M | $247.53M | $305.92M | $372.57M | $417.11M | $432.38M | $244.51M | $248.95M | $263.36M | $231.40M | $227.54M | $238.44M | $240.79M |
| Operating income | $198.47M | $220.90M | $242.03M | $288.93M | $312.91M | $355.39M | $389.52M | $452.13M | $513.00M | $557.87M | $571.69M | $480.08M | $445.85M | $171.76M | $98.13M | $202.92M | $172.69M | $7.32M | $-68.71M | $231.09M |
| Operating margin | 24.2% | 24.1% | 22.7% | 22.4% | 22.3% | 22.4% | 21.4% | 21.0% | 21.0% | 20.1% | 18.0% | 13.9% | 12.2% | 9.7% | 5.7% | 10.6% | 8.8% | 0.4% | -3.4% | 12.1% |
| EBITDA | $207.94M | $224.61M | $258.22M | $307.06M | $336.30M | $382.18M | $422.23M | $492.10M | $558.99M | $622.10M | $660.95M | $587.86M | $527.68M | $203.64M | $146.07M | $236.10M | $156.70M | $29.89M | $-28.37M | $274.22M |
| EBITDA margin | 25.4% | 24.5% | 24.2% | 23.8% | 24.0% | 24.1% | 23.2% | 22.8% | 22.9% | 22.4% | 20.8% | 17.0% | 14.5% | 11.4% | 8.4% | 12.4% | 7.9% | 1.5% | -1.4% | 14.3% |
| EBIT | $198.47M | $214.04M | $245.15M | $290.61M | $314.35M | $356.88M | $391.42M | $452.13M | $513.00M | $557.87M | $571.69M | $484.98M | $443.85M | $177.71M | $117.63M | $203.95M | $121.06M | $-6.28M | $-60.60M | $252.40M |
| Interest expense | $0.00 | $749000.00 | $3.59M | $2.91M | $3.19M | $3.64M | $3.25M | $5.42M | $8.89M | $23.11M | $63.09M | $74.56M | $92.94M | $118.93M | $110.48M | $68.72M | $39.70M | $42.08M | $40.74M | $35.97M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $124.47M | $142.72M | $169.20M | $175.80M | $202.69M | $218.00M | $240.91M | $280.52M | $317.28M | $336.32M | $324.91M | $320.37M | $268.63M | $-1.50B | $-796.49M | $130.96M | $66.33M | $-60.41M | $-99.07M | $165.39M |
| Net income growth (YoY) | — | +14.7% | +18.6% | +3.9% | +15.3% | +7.6% | +10.5% | +16.4% | +13.1% | +6.0% | -3.4% | -1.4% | -16.2% | -657.5% | +46.8% | +116.4% | -49.3% | -191.1% | -64.0% | +266.9% |
| Profit margin | 15.2% | 15.6% | 15.8% | 13.6% | 14.5% | 13.7% | 13.3% | 13.0% | 13.0% | 12.1% | 10.2% | 9.3% | 7.4% | -84.2% | -45.9% | 6.9% | 3.4% | -3.0% | -4.9% | 8.6% |