DaVita HealthCare Partners Inc (DVA)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,215,998 | 1,101,341 | 1,124,459 | 1,057,604 | 911,651 | 804,924 | 637,325 | 698,854 | 758,487 | 909,035 | 1,095,612 | 1,181,703 | 1,285,182 | 1,279,342 | 1,169,350 | 1,079,035 | 1,087,574 | 1,166,994 | 1,151,052 | 1,215,727 |
| Revenue (ttm) | US$ in thousands | 12,815,550 | 12,666,620 | 12,524,360 | 12,338,010 | 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 |
| Pretax margin | 9.49% | 8.69% | 8.98% | 8.57% | 7.51% | 6.76% | 5.43% | 5.99% | 6.53% | 7.81% | 9.42% | 10.17% | 11.06% | 11.05% | 10.11% | 9.36% | 9.42% | 10.11% | 9.99% | 10.58% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,215,998K ÷ $12,815,550K
= 9.49%
DaVita HealthCare Partners Inc's pretax margin has shown fluctuations over the periods from March 31, 2020, to December 31, 2024. The pretax margin started at 10.58% in March 2020, showing a slight decrease to 9.99% by June 2020. While it experienced some volatility, fluctuating between 9.36% and 10.11% in the subsequent quarters, the trend overall remained relatively stable.
There was a notable increase in pretax margin from September 2021 to December 2021, where it rose from 10.11% to 11.06%. However, starting from March 2022, the pretax margin began to decline steadily from 10.17% to 9.49% by December 2024. This downward trend signals potential challenges in controlling costs or generating revenue efficiently.
The decreasing trend in pretax margin from March 2022 to December 2024 indicates that DaVita HealthCare Partners Inc may be facing profitability issues or increased operating expenses relative to its revenue. Management should closely monitor and address the factors contributing to the declining pretax margin to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2024