DaVita HealthCare Partners Inc (DVA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,090,483 | 1,915,030 | 1,876,091 | 1,774,984 | 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 |
| Total assets | US$ in thousands | 17,285,300 | 17,503,700 | 17,025,600 | 17,430,900 | 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 |
| Operating ROA | 12.09% | 10.94% | 11.02% | 10.18% | 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% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,090,483K ÷ $17,285,300K
= 12.09%
Operating Return on Assets (Operating ROA) is used to measure how efficiently a company generates profits from its assets used in operations. DaVita HealthCare Partners Inc's Operating ROA fluctuated over the period from March 31, 2020, to December 31, 2024.
The trend shows that DaVita HealthCare Partners Inc's Operating ROA started at 10.05% in March 2020, dipped to 7.58% by June 30, 2023, before gradually increasing to 12.09% by December 31, 2024. This indicates that the company may have faced challenges in profitability during the mid-period but managed to improve its profitability as the period progressed.
The company's ability to generate operating income from its assets improved from 2023 to 2024, reaching the highest at the end of 2024. A higher operating ROA suggests that the company effectively uses its assets to generate profit.
It is essential to assess the factors contributing to the fluctuations in Operating ROA, such as changes in asset efficiency, profit margins, operating expenses, or asset turnover, to understand DaVita HealthCare Partners Inc's operational performance better and identify areas for improvement.
Peer comparison
Dec 31, 2024