IRADIMED Past Earnings Performance
Past criteria checks 5/6
IRADIMED has been growing earnings at an average annual rate of 23.9%, while the Medical Equipment industry saw earnings growing at 2% annually. Revenues have been growing at an average rate of 15.7% per year. IRADIMED's return on equity is 23.5%, and it has net margins of 26.5%.
Key information
23.9%
Earnings growth rate
20.7%
EPS growth rate
| Medical Equipment Industry Growth | 4.3% |
| Revenue growth rate | 15.7% |
| Return on equity | 23.5% |
| Net Margin | 26.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How IRADIMED makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 68 | 18 | 28 | 3 |
| 31 Dec 23 | 66 | 17 | 27 | 3 |
| 30 Sep 23 | 63 | 16 | 26 | 3 |
| 30 Jun 23 | 60 | 15 | 25 | 3 |
| 31 Mar 23 | 56 | 14 | 25 | 3 |
| 31 Dec 22 | 53 | 13 | 23 | 2 |
| 30 Sep 22 | 50 | 13 | 23 | 2 |
| 30 Jun 22 | 48 | 12 | 22 | 2 |
| 31 Mar 22 | 45 | 10 | 21 | 2 |
| 31 Dec 21 | 42 | 9 | 20 | 2 |
| 30 Sep 21 | 38 | 6 | 17 | 2 |
| 30 Jun 21 | 35 | 5 | 17 | 2 |
| 31 Mar 21 | 32 | 1 | 19 | 2 |
| 31 Dec 20 | 32 | 1 | 20 | 2 |
| 30 Sep 20 | 34 | 4 | 23 | 2 |
| 30 Jun 20 | 36 | 5 | 23 | 2 |
| 31 Mar 20 | 39 | 10 | 20 | 1 |
| 31 Dec 19 | 39 | 10 | 20 | 1 |
| 30 Sep 19 | 36 | 8 | 18 | 1 |
| 30 Jun 19 | 34 | 8 | 17 | 1 |
| 31 Mar 19 | 32 | 7 | 16 | 1 |
| 31 Dec 18 | 30 | 6 | 16 | 2 |
| 30 Sep 18 | 29 | 5 | 15 | 1 |
| 30 Jun 18 | 27 | 3 | 15 | 2 |
| 31 Mar 18 | 25 | 2 | 15 | 2 |
| 31 Dec 17 | 23 | 0 | 15 | 2 |
| 30 Sep 17 | 22 | 1 | 14 | 2 |
| 30 Jun 17 | 24 | 3 | 13 | 2 |
| 31 Mar 17 | 29 | 5 | 14 | 2 |
| 31 Dec 16 | 32 | 7 | 14 | 1 |
| 30 Sep 16 | 35 | 8 | 15 | 1 |
| 30 Jun 16 | 35 | 9 | 14 | 2 |
| 31 Mar 16 | 33 | 8 | 13 | 2 |
| 31 Dec 15 | 31 | 8 | 12 | 2 |
| 30 Sep 15 | 26 | 5 | 11 | 2 |
| 30 Jun 15 | 22 | 4 | 10 | 1 |
| 31 Mar 15 | 19 | 3 | 9 | 1 |
| 31 Dec 14 | 15 | 2 | 8 | 1 |
| 30 Sep 14 | 15 | 2 | 7 | 1 |
| 30 Jun 14 | 14 | 2 | 6 | 1 |
| 31 Mar 14 | 12 | 2 | 5 | 1 |
| 31 Dec 13 | 11 | 2 | 5 | 1 |
Quality Earnings: 46K has a high level of non-cash earnings.
Growing Profit Margin: 46K's current net profit margins (26.5%) are higher than last year (24.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 46K's earnings have grown significantly by 23.9% per year over the past 5 years.
Accelerating Growth: 46K's earnings growth over the past year (30.4%) exceeds its 5-year average (23.9% per year).
Earnings vs Industry: 46K earnings growth over the past year (30.4%) exceeded the Medical Equipment industry -6.1%.
Return on Equity
High ROE: 46K's Return on Equity (23.5%) is considered high.