DaVita HealthCare Partners Inc (DVA)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 9,894,640 | 9,522,100 | 9,742,850 | 9,672,580 | 9,545,120 |
| Revenue | US$ in thousands | 12,140,100 | 11,609,900 | 11,618,800 | 11,550,600 | 11,388,500 |
| Gross profit margin | 81.50% | 82.02% | 83.85% | 83.74% | 83.81% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $9,894,640K ÷ $12,140,100K
= 81.50%
DaVita Inc has consistently achieved a gross profit margin of 100% across the five-year period from December 31, 2019, to December 31, 2023. A gross profit margin of 100% indicates that the company is effectively managing its production costs and generating revenue above the cost of goods sold. This level of consistency in the gross profit margin suggests a high level of efficiency in DaVita's operations and pricing strategies. Furthermore, a 100% gross profit margin implies that DaVita is able to cover all its production costs and still have sufficient profit remaining from sales to contribute towards operating expenses and net income.
Peer comparison
Dec 31, 2023