DocGo (DCGO) Net Margin % : 5.84% (As of Mar. 2024)

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What is DocGo Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. DocGo's Net Income for the three months ended in Mar. 2024 was $11.2 Mil. DocGo's Revenue for the three months ended in Mar. 2024 was $192.1 Mil. Therefore, DocGo's net margin for the quarter that ended in Mar. 2024 was 5.84%.

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

DCGO' s Net Margin % Range Over the Past 10 Years
Min: -41.84 Med: 1.1 Max: 7.85
Current: 3.06

DCGO's Net Margin % is ranked better than
57.36% of 652 companies
in the Healthcare Providers & Services industry
Industry Median: 1.66 vs DCGO: 3.06

DocGo Net Margin % Historical Data

The historical data trend for DocGo'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.

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DocGo Net Margin % Chart

DocGo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-41.84

-15.26

7.45

7.85

1.10

DocGo Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial												-3.07	-1.60	2.55	3.80	5.84

Competitive Comparison of DocGo's Net Margin %

For the Medical Care Facilities subindustry, DocGo'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.

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

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

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

DocGo 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.

DocGo'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 )
	=	6.858	/	624.289
	=	1.10 %

DocGo's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	11.227	/	192.088
	=	5.84 %

DocGo (NAS:DCGO) 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.

DocGo Net Margin % Related Terms

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

DocGo (DCGO) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 West 35th Street, Floor 6, New York, NY, USA, 10001

Website

https://www.docgo.com

DocGo Inc is a provider of last-mile mobile health services and integrated medical mobility solutions. DocGo is disrupting the traditional four-wall healthcare system by providing care at the scale of humanity. Its technology and dedicated field staff of certified health professionals elevate the quality of patient care and drive business efficiencies for facilities, hospital networks, and health insurance providers. With Mobile Health, DocGo empowers the full promise and potential of telehealth by facilitating healthcare treatment, in tandem with a remote physician, in the comfort of a patient's home or workplace.

Executives

Stephen Sugrue	officer: Chief Compliance Officer	35 WEST 35TH STREET, FLOOR 6, NEW YORK NY 10001
Lee Bienstock	officer: Chief Operating Officer	35 WEST 35TH STREET, FLOOR 6, NEW YORK NY 10001
Ely D Tendler	director, officer: General Counsel, Secretary	STRATEGIC AND LEGAL SERVICES, PLLC, 54 LAWRENCE AVENUE, LAWRENCE NY 11559
Anthony Capone	officer: President	106 DUANE ST., #3, NEW YORK NY 10007
Adriaan Stephanus Oberholzer	officer: Chief Financial Officer	35 W 35TH STREET, 6TH FLOOR, NEW YORK NY 10001
James M Travers	director	C/O FLEETMATICS, 1100 WINTER STREET, 4TH FL, WALTHAM MA 02451
Etalvina Leite	director	5477 VIA NICOLA, NEWBURY PARK CA 91320
Michael J Burdiek	director	39 PARKER, IRVINE CA 92618
Ira Smedra	director	401 N. JUNE STREET, LOS ANGELES CA 90004
Mark Do Merlin	officer: CMO, Ambulnz Holdings, LLC	35 W 35TH STREET, NEW YORK NY 10001
Michael S. Witkowski	officer: Chief Compliance Officer	PO BOX 10482, NEWBURGH NY 12552
Christopher Fillo	director	3110 MAIN STREET, SUITE 310, SANTA MONICA CA 90405
Norman Rosenberg	officer: CFO, Ambulnz Holdings, LLC	51 MOUNTAIN AVENUE, MONSEY NY 10952
Stanley Vashovsky	director, 10 percent owner, officer: Chief Executive Officer	763 RALEIGH STREET, WOODMERE NY 11598
Steven Katz	director	20 REBEL RUN DR, EAST BRUNSWICK NJ 08816