R1 Rcm Holdco Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $385.70M | - | $379.70M | $353.40M | $342.60M | - | $307.20M | $314.70M | $320.50M | - |
| Cost of Revenue | $296.50M | - | $304.00M | $287.00M | $267.20M | - | $255.20M | $248.30M | $253.90M | - |
| Gross Profit | $89.20M | - | $75.70M | $66.40M | $75.40M | - | $52.00M | $66.40M | $66.60M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $28.90M | - | $33.20M | $29.00M | $25.60M | - | $25.70M | $23.30M | $25.50M | - |
| Total Operating Expenses | $342.50M | - | $348.60M | $325.80M | $305.80M | - | $296.60M | $289.60M | $288.10M | - |
| D&A | $18.90M | - | - | - | $17.90M | - | - | - | $15.70M | - |
| Operating Income | $43.20M | - | $31.10M | $27.60M | $36.80M | - | $10.60M | $25.10M | $32.40M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $9.10M | - | $7.60M | $5.80M | $7.10M | - | $1.00M | $5.20M | $10.40M | - |
| Net Income | $29.40M | - | $17.00M | $18.40M | $25.80M | - | $5.20M | $15.10M | $18.20M | - |
| EPS - Basic | $0.11 | - | $0.06 | $0.07 | ($2.37) | - | $0.00 | $0.04 | $0.06 | - |
| EPS - Diluted | $0.09 | - | $0.05 | $0.06 | ($2.37) | - | $0.00 | $0.03 | $0.05 | - |
Balance Sheet
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $123.90M | $130.10M | $158.70M | $164.90M | $103.50M | $173.80M | $106.30M | $123.10M | $106.00M | $92.00M |
| Accounts Receivable | $115.30M | $131.30M | $113.80M | $96.80M | $97.60M | $91.30M | $76.70M | $64.30M | $57.60M | $52.30M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $21.00M | $17.70M | $22.50M | $21.00M | $22.80M | $18.20M | $21.80M | $24.20M | $24.80M | $20.20M |
| Current Assets | $340.40M | $364.70M | $364.60M | $353.30M | $298.60M | $355.40M | $382.40M | $260.70M | $243.80M | $216.70M |
| Total Assets | $1.44B | $1.45B | $1.48B | $1.18B | $1.13B | $1.19B | $1.20B | $1.14B | $942.90M | $929.10M |
| Current Liabilities | $221.50M | $254.20M | $257.40M | $237.80M | $221.50M | $206.30M | $240.50M | $205.50M | $207.40M | $232.50M |
| Long-term Debt | $750.70M | $754.90M | $779.10M | $500.70M | $510.20M | $519.70M | $529.20M | $538.60M | $363.30M | $337.70M |
| Total Liabilities | $1.07B | $1.10B | $1.15B | $855.70M | $850.90M | $849.60M | $896.30M | $854.70M | $676.90M | $681.90M |
| Stockholders' Equity | $366.50M | $346.70M | $334.10M | $322.10M | $283.60M | $87.90M | $62.50M | $46.10M | $31.50M | $18.10M |
| Retained Earnings | ($34.90M) | ($64.30M) | ($100.30M) | ($117.30M) | ($135.70M) | ($161.50M) | ($240.10M) | ($245.30M) | ($260.40M) | ($277.80M) |
Cash Flow
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $30.90M | - | - | - | $46.00M | - | - | - | $600.0K | - |
| Investing Cash Flow | ($10.00M) | - | - | - | ($9.60M) | - | - | - | ($13.30M) | - |
| Financing Cash Flow | ($26.20M) | - | - | - | ($107.10M) | - | - | - | $28.40M | - |
| CapEx | $10.00M | - | - | - | $9.60M | - | - | - | $13.30M | - |
| Free Cash Flow | $20.90M | - | - | - | $36.40M | - | - | - | ($12.70M) | - |
Ratios
| Metric | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 23.1% | - | 19.9% | 18.8% | 22.0% | - | 16.9% | 21.1% | 20.8% | - |
| Operating margin | 11.2% | - | 8.2% | 7.8% | 10.7% | - | 3.5% | 8.0% | 10.1% | - |
| EBITDA margin | 16.1% | - | - | - | 16.0% | - | - | - | 15.0% | - |
| Net margin | 7.6% | - | 4.5% | 5.2% | 7.5% | - | 1.7% | 4.8% | 5.7% | - |
| Free cash flow margin | 5.4% | - | - | - | 10.6% | - | - | - | -4.0% | - |
| FCF / Net income | 0.71 | - | - | - | 1.41 | - | - | - | -0.70 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 7.5% | - | 8.7% | 8.2% | 7.5% | - | 8.4% | 7.4% | 8.0% | - |
| Effective tax rate | 23.6% | - | 30.9% | 24.0% | 21.6% | - | 16.1% | 25.6% | 36.4% | - |
| Return on assets | 2.0% | - | 1.1% | 1.6% | 2.3% | - | 0.4% | 1.3% | 1.9% | - |
| Return on equity | 8.0% | - | 5.1% | 5.7% | 9.1% | - | 8.3% | 32.8% | 57.8% | - |
| Return on invested capital | 3.0% | - | 1.9% | 2.6% | 3.6% | - | 1.5% | 3.2% | 5.2% | - |
| Liquidity | ||||||||||
| Current ratio | 1.54 | 1.43 | 1.42 | 1.49 | 1.35 | 1.72 | 1.59 | 1.27 | 1.18 | 0.93 |
| Quick ratio | 1.54 | 1.43 | 1.42 | 1.49 | 1.35 | 1.72 | 1.59 | 1.27 | 1.18 | 0.93 |
| Cash ratio | 0.56 | 0.51 | 0.62 | 0.69 | 0.47 | 0.84 | 0.44 | 0.60 | 0.51 | 0.40 |
| Leverage | ||||||||||
| Debt / Equity | 2.05 | 2.18 | 2.33 | 1.55 | 1.80 | 5.91 | 8.47 | 11.68 | 11.53 | 18.66 |
| Debt / Assets | 0.52 | 0.52 | 0.53 | 0.43 | 0.45 | 0.44 | 0.44 | 0.47 | 0.39 | 0.36 |
| Debt / EBITDA | 12.09 | - | - | - | 9.33 | - | - | - | 7.55 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 3.92 | 4.18 | 4.44 | 3.66 | 4.00 | 13.53 | 19.27 | 24.75 | 29.93 | 51.33 |
| Liabilities / Assets | 0.74 | 0.76 | 0.77 | 0.73 | 0.75 | 0.71 | 0.74 | 0.75 | 0.72 | 0.73 |
| Efficiency | ||||||||||
| Asset turnover | 0.27 | - | 0.26 | 0.30 | 0.30 | - | 0.26 | 0.28 | 0.34 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 109d | - | 109d | 100d | 104d | - | 91d | 75d | 66d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 26d | - | 27d | 27d | 31d | - | 31d | 36d | 36d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 12.6% | - | 23.6% | 12.3% | 6.9% | - | 2.0% | 6.7% | 16.2% | - |
| Revenue CAGR (3y) | 11.8% | - | 14.9% | 19.3% | 58.0% | - | 35.6% | 46.8% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 18.3% | - | 45.6% | 0.0% | 13.2% | - | -12.3% | 35.8% | 72.1% | - |
| Operating income growth (YoY) | 17.4% | - | 193.4% | 10.0% | 13.6% | - | -55.1% | 102.4% | 337.8% | - |
| Net income growth (YoY) | 14.0% | - | 226.9% | 21.9% | 41.8% | - | -43.5% | - | 9000.0% | - |
| EPS growth (YoY) | - | - | - | 100.0% | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | -22.6% | - | - | - | - | - | - | - |
| FCF growth (YoY) | -42.6% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 29.2% | 294.4% | 434.6% | 598.7% | 800.3% | 385.6% | 322.3% | 947.7% | 728.9% | 187.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Product / service
$1.47B totalNet Operating Fees$1.21B · 82.2%
Incentive Fees$143.80M · 9.8%
Other$119.00M · 8.1%
Peer comparison
Same SIC group: Services-Management Services
Comparing R1 RCM Holdco Inc. against the 5 most active filers in the same SIC group.