DaVita HealthCare Partners Inc (DVA)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,602,784 | 1,469,127 | 1,284,975 | 1,312,399 | 1,339,062 | 1,472,225 | 1,635,315 | 1,693,076 | 1,797,370 | 1,789,626 | 1,752,418 | 1,671,862 | 1,694,636 | 1,775,553 | 1,716,220 | 1,768,186 | 1,643,317 | 1,568,637 | 1,479,339 | 1,455,645 |
| 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 |
| Operating profit margin | 13.20% | 12.33% | 10.95% | 11.25% | 11.53% | 12.65% | 14.07% | 14.57% | 15.47% | 15.45% | 15.15% | 14.50% | 14.67% | 15.38% | 14.89% | 15.39% | 14.43% | 13.87% | 13.14% | 12.88% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,602,784K ÷ $12,140,150K
= 13.20%
DaVita Inc's operating profit margin has fluctuated over the past eight quarters. In Q4 2023, the operating profit margin was 13.19%, showing a slight improvement from the previous quarter. However, it was lower compared to Q2 and Q3 2022 where the margins were 13.82% and 12.41% respectively. The operating profit margin reached its highest point in Q1 2022 at 14.35% but has since been on a downward trend.
Overall, DaVita Inc's operating profit margin has shown some volatility but has generally been within a relatively narrow range, indicating a moderate level of stability in the company's profitability. It is important for stakeholders to monitor this ratio closely to assess the company's efficiency in generating profits from its core operations.
Peer comparison
Dec 31, 2023