Akumin (TSX:AKU) Net Margin %: -45.61% (As of Sep. 2023)

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TSX:AKU Akumin Inc TSX:AKU
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What is Akumin Net Margin %?

Akumin TSX:AKU 10 Net Margin % is -45.61% as of Sep. 2023. GuruFocus rates TSX:AKU with a GF Score™ of 10/100.

Net margin is calculated as Net Income divided by its Revenue. Akumin's Net Income for the three months ended in Sep. 2023 was C$-111.5 Mil. Akumin's Revenue for the three months ended in Sep. 2023 was C$244.4 Mil. Therefore, Akumin's net margin for the quarter that ended in Sep. 2023 was -45.61%.

The historical rank and industry rank for Akumin's Net Margin % or its related term are showing as below:


TSX:AKU's Net Margin % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: -2.69
* Ranked among companies with meaningful Net Margin % only.

Akumin  (TSX:AKU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Akumin Net Margin % Related Terms


Akumin Net Margin % Historical Data

* Premium members only.

The historical data trend for Akumin's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Akumin Net Margin % Chart

Akumin Annual Data
Trend Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial 3.23 -5.85 -14.96 -10.28 -20.91

Akumin Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.87 -22.54 -18.74 -52.29 -45.61

TSX:AKU vs LMDX, CNTG, XGN: Net Margin % Comparison

For the Diagnostics & Research subindustry, Akumin's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akumin Net Margin % vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Akumin's Net Margin % distribution charts can be found below:

* The bar in red indicates where Akumin's Net Margin % falls into.


TSX:AKU
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Akumin Inc TSX:AKU
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Akumin Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Akumin's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-212.96/1018.374
=-20.91 %

Akumin's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-111.475/244.402
=-45.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -45.61% mean?
Akumin (TSX:AKU) has a Net Margin % of -45.61% as of Sep. 2023. Net margin is the ratio of total net income to net sales. View historical data on Akumin and its competitors.
Is Akumin's Net Margin % too high?
Akumin's current Net Margin % is -45.61%. Overall, Akumin has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Akumin's Net Margin % compare to LMDX and CNTG?
Akumin's Net Margin % of -45.61% can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Medical Diagnostics & Research company?
A good Net Margin % depends on the Medical Diagnostics & Research industry context. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Akumin and its competitors. Akumin's current Net Margin % is -45.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akumin stock overvalued right now?
Akumin (TSX:AKU) has a current Net Margin % of -45.61%. The current Net Margin % is -45.61%. Akumin's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Akumin (TSX:AKU), the current Net Margin % is -45.61% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Akumin Business Description

Address 8300 West Sunrise Boulevard, Plantation, FL, USA, 33322
Akumin Inc is a Canada-based company that provides freestanding, fixed-site outpatient diagnostic imaging services in the United States. The company operates in Florida, Pennsylvania, Delaware, Texas, Illinois, and Kansas. It offers physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders and may reduce unnecessary invasive procedures, minimizing the cost and amount of care for patients. The company's imaging procedures include MRI, CT, positron emission tomography, ultrasound, X-ray, mammography, and other diagnostic or interventional radiology procedures. It operates in two reportable business segments: radiology and oncology. The radiology segment acconts for majority revenue.
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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