RCM · R1 Rcm Inc. /De - 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 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $656.80M | $627.90M | $603.90M | - | $572.80M | $560.70M | $545.60M | - | $496.00M | $391.90M |
| Cost of Revenue | $545.50M | $506.30M | $497.60M | - | $447.50M | $445.90M | $434.70M | - | $304.00M | $310.10M |
| Gross Profit | $111.30M | $121.60M | $106.30M | - | $125.30M | $114.80M | $110.90M | - | $192.00M | $81.80M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $62.30M | $58.20M | $64.40M | - | $54.70M | $62.60M | $47.00M | - | $33.20M | $30.90M |
| Total Operating Expenses | $641.00M | $598.80M | $595.90M | - | $531.60M | $536.80M | $511.90M | - | $494.00M | $429.90M |
| D&A | - | - | $78.30M | - | - | - | $18.90M | - | - | - |
| Operating Income | $15.80M | $29.10M | $8.00M | - | $41.20M | $23.90M | $43.20M | - | $31.10M | ($38.00M) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($7.50M) | ($6.90M) | $1.80M | - | $7.80M | ($8.90M) | $2.70M | - | $7.80M | $5.80M |
| Net Income | ($19.90M) | ($7.60M) | ($35.10M) | - | $1.30M | $300.0K | $300.0K | - | ($29.50M) | $18.40M |
| EPS - Basic | ($0.05) | ($0.02) | ($0.08) | - | $0.00 | $0.00 | $0.00 | - | ($0.07) | $0.07 |
| EPS - Diluted | ($0.05) | ($0.02) | ($0.08) | - | $0.00 | $0.00 | $0.09 | - | $0.05 | ($0.07) |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $167.30M | $163.00M | $178.00M | $173.60M | $164.90M | $123.10M | $104.20M | $110.10M | $131.10M | $130.10M |
| Accounts Receivable | $356.00M | $357.10M | $317.90M | $269.40M | - | - | $229.40M | $235.20M | $209.00M | $131.30M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $34.40M | $43.90M | $27.10M | $22.70M | $20.10M | $26.10M | $24.60M | $33.40M | $25.00M | $17.70M |
| Current Assets | $768.90M | $755.70M | $700.10M | $633.30M | $639.40M | $584.90M | $545.50M | $564.50M | $541.10M | $364.70M |
| Total Assets | $5.75B | $5.78B | $5.80B | $4.96B | $5.04B | $5.07B | $5.07B | $5.14B | $5.08B | $5.09B |
| Current Liabilities | $429.60M | $411.30M | $392.00M | $346.20M | $337.70M | $325.20M | $318.10M | $349.80M | $346.00M | $254.20M |
| Long-term Debt | $2.14B | $2.17B | $2.19B | $1.57B | $1.65B | $1.69B | $1.71B | $1.73B | $1.73B | $1.75B |
| Total Liabilities | $2.94B | $2.96B | $2.97B | $2.21B | $2.30B | $2.33B | $2.35B | $2.42B | $2.31B | $2.34B |
| Stockholders' Equity | $2.81B | $2.82B | $2.82B | $2.75B | $2.74B | $2.74B | $2.72B | $2.72B | $2.77B | $283.60M |
| Retained Earnings | ($199.30M) | ($179.40M) | ($171.80M) | ($136.70M) | ($138.10M) | ($121.30M) | ($121.60M) | ($121.90M) | ($84.80M) | ($55.30M) |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $46.70M | - | - | - | $30.90M | - | - | - |
| Investing Cash Flow | - | - | ($698.40M) | - | - | - | ($10.00M) | - | - | - |
| Financing Cash Flow | - | - | $656.10M | - | - | - | ($26.20M) | - | - | - |
| CapEx | - | - | $24.40M | - | - | - | $23.40M | - | - | - |
| Free Cash Flow | - | - | $22.30M | - | - | - | $7.50M | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 16.9% | 19.4% | 17.6% | - | 21.9% | 20.5% | 20.3% | - | 38.7% | 20.9% |
| Operating margin | 2.4% | 4.6% | 1.3% | - | 7.2% | 4.3% | 7.9% | - | 6.3% | -9.7% |
| EBITDA margin | - | - | 14.3% | - | - | - | 11.4% | - | - | - |
| Net margin | -3.0% | -1.2% | -5.8% | - | 0.2% | 0.1% | 0.1% | - | -5.9% | 4.7% |
| Free cash flow margin | - | - | 3.7% | - | - | - | 1.4% | - | - | - |
| FCF / Net income | - | - | -0.64 | - | - | - | 25.00 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 9.5% | 9.3% | 10.7% | - | 9.5% | 11.2% | 8.6% | - | 6.7% | 7.9% |
| Effective tax rate | - | - | - | - | 85.7% | - | 90.0% | - | - | 24.0% |
| Return on assets | -0.3% | -0.1% | -0.6% | - | 0.0% | 0.0% | 0.0% | - | -0.6% | 0.4% |
| Return on equity | -0.7% | -0.3% | -1.2% | - | 0.0% | 0.0% | 0.0% | - | -1.1% | 6.5% |
| Return on invested capital | 0.3% | 0.5% | 0.1% | - | 0.5% | 0.4% | 0.5% | - | 0.5% | -1.4% |
| Liquidity | ||||||||||
| Current ratio | 1.79 | 1.84 | 1.79 | 1.83 | 1.89 | 1.80 | 1.71 | 1.61 | 1.56 | 1.43 |
| Quick ratio | 1.79 | 1.84 | 1.79 | 1.83 | 1.89 | 1.80 | 1.71 | 1.61 | 1.56 | 1.43 |
| Cash ratio | 0.39 | 0.40 | 0.45 | 0.50 | 0.49 | 0.38 | 0.33 | 0.31 | 0.38 | 0.51 |
| Leverage | ||||||||||
| Debt / Equity | 0.76 | 0.77 | 0.78 | 0.57 | 0.60 | 0.62 | 0.63 | 0.64 | 0.62 | 6.17 |
| Debt / Assets | 0.37 | 0.38 | 0.38 | 0.32 | 0.33 | 0.33 | 0.34 | 0.34 | 0.34 | 0.34 |
| Debt / EBITDA | - | - | 25.37 | - | - | - | 27.49 | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.05 | 2.05 | 2.05 | 1.80 | 1.84 | 1.85 | 1.87 | 1.89 | 1.84 | 17.95 |
| Liabilities / Assets | 0.51 | 0.51 | 0.51 | 0.45 | 0.46 | 0.46 | 0.46 | 0.47 | 0.46 | 0.46 |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | 0.11 | 0.10 | - | 0.11 | 0.11 | 0.11 | - | 0.10 | 0.08 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 198d | 208d | 192d | - | - | - | 153d | - | 154d | 122d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 23d | 32d | 20d | - | 16d | 21d | 21d | - | 30d | 21d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 14.7% | 12.0% | 10.7% | - | 15.5% | 43.1% | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -11.2% | 5.9% | -4.1% | - | -34.7% | 40.3% | - | - | - | - |
| Operating income growth (YoY) | -61.7% | 21.8% | -81.5% | - | 32.5% | - | - | - | - | - |
| Net income growth (YoY) | - | - | - | - | - | -98.4% | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 197.3% | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 2.5% | 2.8% | 3.8% | 1.1% | -0.9% | 867.2% | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Product / service
$2.25B totalNet Operating Fees$1.46B · 64.6%
Other$689.90M · 30.6%
Incentive Fees$108.40M · 4.8%
Peer comparison
Same SIC group: Services-Management Services
Comparing R1 RCM Inc. /DE against the 5 most active filers in the same SIC group.