DaVita HealthCare Partners Inc (DVA)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 691,535 | 608,973 | 467,707 | 513,825 | 560,400 | 679,770 | 834,158 | 903,169 | 978,450 | 964,750 | 863,670 | 771,452 | 773,642 | 844,740 | 829,336 | 901,285 | 810,981 | 416,338 | 136,272 | 129,997 |
| Revenue (ttm) | US$ in thousands | 12,140,150 | 11,911,290 | 11,738,650 | 11,665,040 | 11,609,900 | 11,636,980 | 11,626,610 | 11,616,360 | 11,618,800 | 11,580,150 | 11,565,900 | 11,529,370 | 11,550,610 | 11,543,870 | 11,523,880 | 11,486,600 | 11,388,470 | 11,311,010 | 11,254,260 | 11,298,510 |
| Net profit margin | 5.70% | 5.11% | 3.98% | 4.40% | 4.83% | 5.84% | 7.17% | 7.77% | 8.42% | 8.33% | 7.47% | 6.69% | 6.70% | 7.32% | 7.20% | 7.85% | 7.12% | 3.68% | 1.21% | 1.15% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $691,535K ÷ $12,140,150K
= 5.70%
The net profit margin of DaVita Inc has shown fluctuation over the quarters provided. In Q4 2023, the net profit margin was 5.70%, which represents the percentage of net income generated from each dollar of revenue. This was an improvement compared to Q3 2023, where the net profit margin was 5.11%. However, it was lower than the previous year's Q4 2022 net profit margin of 4.83%.
Looking at the trend over the quarters, there was a notable decline in Q2 2023 with a net profit margin of 3.98%, possibly indicating a decrease in profitability during that period. The highest net profit margin was recorded in Q1 2022 at 7.77%, but this declined over subsequent quarters.
Overall, DaVita Inc's net profit margin has shown some volatility, indicating fluctuations in efficiency and profitability. Further analysis of the company's financial performance and operational strategies may be necessary to better understand the factors influencing these changes in net profit margin.
Peer comparison
Dec 31, 2023