Latest net income for RAD: $-1.6B, below the Healthcare sector average of $16B.
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+ FollowAs of Aug 2023
Trailing 12 months ending Aug 2023
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The latest net income for RAD is $-1.6B as of August 2023. That compares with $-870M in the prior-year period — down 88.7% year over year. That is below the Healthcare sector average of $16B. Investors often review this figure alongside Rite Aid's historical trend and sector peers before judging valuation or financial health.
Over the past year, RAD's net income moved from $-870M to $-1.6B — a 88.7% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Rite Aid's operating scale or balance-sheet position.
Against Healthcare companies, RAD currently prints $-1.6B for net income, while the sector average sits near $16B. That is roughly 110.2% below the sector mean. Large gaps often invite a closer look at Rite Aid's growth, margins, and balance sheet.
A net income figure of $-1.6B for RAD is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Healthcare average is about $16B. Explore the charts below for those layers of context.
After noting RAD's net income ($-1.6B), review year-over-year change from $-870M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.