DaVita HealthCare Partners Inc (DVA)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,602,780 | 1,339,060 | 1,797,370 | 1,694,640 | 1,643,320 |
| Revenue | US$ in thousands | 12,140,100 | 11,609,900 | 11,618,800 | 11,550,600 | 11,388,500 |
| Operating profit margin | 13.20% | 11.53% | 15.47% | 14.67% | 14.43% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,602,780K ÷ $12,140,100K
= 13.20%
DaVita Inc's operating profit margin has exhibited a fluctuating trend over the past five years. The margin was highest in 2021 at 15.24% and lowest in 2022 at 11.31%. In 2023, there was an improvement in the operating profit margin to 13.19%, indicating better operational efficiency and cost management compared to the previous year. Despite some variability, the company has generally maintained a double-digit operating profit margin, which suggests a certain level of stability in its ability to generate profits from its core operations. This metric is important as it reflects DaVita Inc's ability to control its operating expenses and convert revenues into profits. Continued monitoring of this ratio will be essential to assess the company's operational performance and financial health.
Peer comparison
Dec 31, 2023