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

Company name
Symbol
Net profit margin
DaVita HealthCare Partners Inc
DVA
5.70%
Progyny Inc
PGNY
5.68%
Sotera Health Co
SHC
4.90%