DaVita HealthCare Partners Inc (DVA)
Pretax 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 1,090,609 | 666,024 | 372,751 | 374,406 |
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 |
Pretax margin | 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% | 9.58% | 5.89% | 3.31% | 3.31% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $911,651K ÷ $12,140,150K
= 7.51%
DaVita Inc's pretax margin has shown some fluctuations over the past eight quarters. The trend indicates a slight decrease in pretax margin from Q1 2022 (12.09%) to Q4 2023 (9.70%). However, there are quarterly variations with some periods showing higher margins such as Q3 2022 (11.36%), while others show lower margins like Q2 2023 (7.36%). Overall, the company's pretax margin has remained relatively stable, with fluctuations around the 8-12% range. It is important for stakeholders to monitor this metric closely to understand the company's operating efficiency and profitability.
Peer comparison
Dec 31, 2023
Company name
Symbol
Pretax margin
DaVita HealthCare Partners Inc
DVA
7.51%
Progyny Inc
PGNY
6.47%
Sotera Health Co
SHC
10.10%