DaVita HealthCare Partners Inc (DVA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,090,480 | 1,602,780 | 1,339,060 | 1,797,370 | 1,694,640 |
| Total assets | US$ in thousands | 17,285,300 | 16,893,600 | 16,928,300 | 17,121,500 | 16,988,500 |
| Operating ROA | 12.09% | 9.49% | 7.91% | 10.50% | 9.98% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $2,090,480K ÷ $17,285,300K
= 12.09%
Based on the provided data, DaVita HealthCare Partners Inc's operating return on assets (operating ROA) has fluctuated over the past five years. The company's operating ROA was 9.98% as of December 31, 2020, showing a slight increase to 10.50% by December 31, 2021. However, there was a decrease in operating ROA to 7.91% by December 31, 2022.
Subsequently, there was an improvement in the operating ROA to 9.49% as of December 31, 2023, followed by a significant increase to 12.09% by December 31, 2024. This indicates that DaVita HealthCare Partners Inc was able to generate higher operating income relative to its total assets in the most recent year, potentially due to improved operational efficiency or increased revenue generation.
Overall, the varying trend in operating ROA suggests fluctuations in the company's ability to utilize its assets effectively to generate operating profit, highlighting the importance of monitoring and analyzing this ratio over time to assess the company's financial performance and efficiency.
Peer comparison
Dec 31, 2024