The Tip Desk

RadNet, Inc.

Company Stats

Market Cap
$5.4B
as of Sep 30, 2026
Enterprise Value
$5.8B
Shares Outstanding
78.7M
Free Float
72.7%

Income Statement

Revenue
$2.0B
Operating Income
$62.0M
Net Income
-$18.7M
EBITDA
$214.1M
Revenue Growth, 3Y
12.6%
FCF Margin, 3Y Avg
3.1%
FCF Margin, Worst Year
2.5%

Cash Flow

Free Cash Flow
$85.6M
FCF Yield
1.6%
Owner FCF Yield
0.6%

Balance Sheet

Cash & Equivalents
$767.2M
Total Debt
$1.1B
Net Debt
$334.9M
Net Debt / EBITDA
1.56x
EV / EBITDA
26.90x
Net Debt / EBIT
5.40x

Returns & Capital

SBC, 3Y Avg
$37.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$2.0B$85.6M4.2%
FY2024$1.8B$45.0M2.5%
FY2023$1.6B$44.3M2.7%
FY2022$1.4B$27.0M1.9%
FY2021$1.3B$11.6M0.9%

Annual filing data through FY ended December 31, 2025; shares and float as of October 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage