DaVita HealthCare Partners Inc (DVA)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 16,893,600 | 16,928,700 | 16,958,800 | 16,727,800 | 16,928,300 | 16,961,800 | 17,100,600 | 17,087,000 | 17,121,500 | 17,633,900 | 17,810,300 | 17,647,300 | 16,988,500 | 17,046,700 | 19,305,100 | 17,596,300 | 17,311,400 | 17,451,800 | 19,931,000 | 22,605,900 |
| Operating ROA | 9.49% | 8.68% | 7.58% | 7.85% | 7.91% | 8.68% | 9.56% | 9.91% | 10.50% | 10.15% | 9.84% | 9.47% | 9.98% | 10.42% | 8.89% | 10.05% | 9.49% | 8.99% | 7.42% | 6.44% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,602,784K ÷ $16,893,600K
= 9.49%
To analyze DaVita Inc's operating return on assets (operating ROA) based on the provided data, we can observe the trend over the past eight quarters. The operating ROA measures how efficiently the company generates profits from its assets used in operations.
The operating ROA of DaVita Inc has shown some fluctuations over the analyzed period. It ranged from a low of 7.43% in Q2 2023 to a high of 9.76% in Q1 2022.
Overall, the operating ROA seems to have experienced a gradual decline from the peak in Q1 2022 to the lowest point in Q2 2023. This trend may indicate potential challenges in asset utilization and operational efficiency during this period.
It is important for stakeholders to further investigate the factors contributing to these fluctuations in operating ROA to assess the company's operational performance and sustainability. Additional analysis and comparison with industry benchmarks can provide deeper insights into DaVita Inc's effectiveness in generating profits from its operational assets.
Peer comparison
Dec 31, 2023