GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CareMax Inc (NAS:CMAX) » Definitions » Net Margin %

CareMax (CareMax) Net Margin % : -306.76% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is CareMax Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. CareMax's Net Income for the three months ended in Dec. 2023 was $-465.8 Mil. CareMax's Revenue for the three months ended in Dec. 2023 was $151.8 Mil. Therefore, CareMax's net margin for the quarter that ended in Dec. 2023 was -306.76%.

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

CMAX' s Net Margin % Range Over the Past 10 Years
Min: -90.98   Med: -4.13   Max: 7.35
Current: -90.98


CMAX's Net Margin % is ranked worse than
88.19% of 652 companies
in the Healthcare Providers & Services industry
Industry Median: 1.66 vs CMAX: -90.98

CareMax Net Margin % Historical Data

The historical data trend for CareMax'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.

* Premium members only.

CareMax Net Margin % Chart

CareMax Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
7.35 -2.26 -5.99 -90.98

CareMax Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.35 -47.45 -14.43 -51.09 -306.76

Competitive Comparison of CareMax's Net Margin %

For the Health Information Services subindustry, CareMax'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.


CareMax's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CareMax's Net Margin % distribution charts can be found below:

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



CareMax 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.

CareMax's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-683.348/751.102
=-90.98 %

CareMax's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-465.767/151.835
=-306.76 %

* 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.


CareMax  (NAS:CMAX) 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.


CareMax Net Margin % Related Terms

Thank you for viewing the detailed overview of CareMax's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CareMax (CareMax) Business Description

Traded in Other Exchanges
N/A
Address
1000 NW 57th Court, Suite 400, Miami, FL, USA, 33126
CareMax Inc is a technology-enabled care platform providing value-based care and chronic disease management to seniors. It operates various owned medical centers that offer a comprehensive suite of healthcare and social services and a proprietary software and services platform that provides data, analytics, and rules-based decision tools/workflows for physicians across the United States.
Executives
Bryan Cho director 30 HUDSON YARDS, 72ND FLOOR, NEW YORK NY 10001
De La Torre Ralph director, 10 percent owner 4939 BROOKVIEW DRIVE, DALLAS TX 75220
Ryan Oquinn director 1000 NW 57 COURT, SUITE 400, MIAMI FL 33126
Kevin Berg director 345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10010
Beatriz Maria Assapimonwait director 1000 NW 57 CT., SUITE 400, MIAMI FL 33126
Vincent Omachonu director 1000 NW 57 CT., SUITE 400, MIAMI FL 33126
Jose Ramon Rodriguez director PRIMORIS SERVICES CORPORATION, 2300 NORTH FIELD STREET, SUITE 1900, DALLAS TX 75201
Related Cm Advisor, Llc director 30 HUDSON YARDS, 72ND FLOOR, NEW YORK NY 10001
Imc Holdings, Lp 10 percent owner 525 OKEECHOBEE BOULEVARD, SUITE 1050, WEST PALM BEACH FL 33401
William C. Lamoreaux officer: EVP 1000 NW 57 CT., SUITE 400, MIAMI FL 33126
Kevin Wirges officer: EVP, Treasurer and CFO 1000 NW 57 CT., SUITE 400, MIAMI FL 33126
De Solo Carlos A. director, officer: President and CEO 1000 NW 57 CT., SUITE 400, MIAMI FL 33126
Randy Simpson director C/O GLENVIEW CAPITAL MANAGEMENT, LLC, 767 FIFTH AVENUE, 44TH FLOOR, NEW YORK NY 10153
Solo Alberto De officer: EVP and COO 1000 NW 57 CT., SUITE 400, MIAMI FL 33126
Jennifer L. Carter director C/O DFP SPONSOR LLC, 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017