DaVita HealthCare Partners Inc (DVA)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 691,535 | 560,400 | 978,450 | 773,642 | 810,981 |
| Revenue | US$ in thousands | 12,140,100 | 11,609,900 | 11,618,800 | 11,550,600 | 11,388,500 |
| Net profit margin | 5.70% | 4.83% | 8.42% | 6.70% | 7.12% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $691,535K ÷ $12,140,100K
= 5.70%
The net profit margin of DaVita Inc has shown fluctuations over the past five years. In 2023, the net profit margin increased to 5.70% from 4.83% in 2022. This suggests that the company was able to improve its profitability relative to its revenue in the most recent period. However, compared to 2021 where the net profit margin was 8.42%, the margin decreased in 2023. Similarly, the margins for 2020 and 2019 were 6.70% and 7.12%, respectively.
Overall, the trend in DaVita Inc's net profit margin shows some volatility, indicating fluctuations in the company's ability to convert revenue into profit. It would be important to further analyze the factors contributing to these changes in profitability over the years to assess the company's financial performance accurately.
Peer comparison
Dec 31, 2023