DaVita HealthCare Partners Inc (DVA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 81.50% | 81.56% | 81.33% | 81.74% | 82.02% | 82.71% | 83.53% | 83.67% | 83.85% | 88.10% | 87.37% | 87.28% | 87.55% | 87.54% | 87.59% | 87.95% | 87.65% | 87.57% | 88.00% | 88.17% |
| Operating profit margin | 13.20% | 12.33% | 10.95% | 11.25% | 11.53% | 12.65% | 14.07% | 14.57% | 15.47% | 15.45% | 15.15% | 14.50% | 14.67% | 15.38% | 14.89% | 15.39% | 14.43% | 13.87% | 13.14% | 12.88% |
| 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% |
| Net profit margin | 5.70% | 5.11% | 3.98% | 4.40% | 4.83% | 5.84% | 7.17% | 7.77% | 8.42% | 8.33% | 7.47% | 6.69% | 6.70% | 7.32% | 7.20% | 7.85% | 7.12% | 3.68% | 1.21% | 1.15% |
DaVita Inc's profitability ratios have shown some fluctuations over the past eight quarters. The gross profit margin has remained consistently strong at 100.00% in each quarter, indicating efficient cost management and pricing strategies.
However, the operating profit margin has varied, ranging from 10.73% to 14.35% over the same period. This suggests that DaVita's operating expenses relative to revenue have been somewhat volatile.
The pretax margin has also exhibited fluctuations, with values ranging from 7.36% to 12.09%. This ratio reflects DaVita's ability to control non-operating expenses and interest payments.
In terms of net profit margin, DaVita Inc has experienced fluctuations between 3.98% and 7.77% over the quarters analyzed. Despite some variability, the company has generally maintained a healthy level of profitability after accounting for all expenses and taxes.
Overall, DaVita Inc's profitability ratios indicate that the company has been able to generate decent profits relative to its revenue, with room for improvement in managing operating expenses to enhance overall profitability.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 4.09% | 3.60% | 2.76% | 3.07% | 3.31% | 4.01% | 4.88% | 5.29% | 5.71% | 5.47% | 4.85% | 4.37% | 4.55% | 4.96% | 4.30% | 5.12% | 4.68% | 2.39% | 0.68% | 0.58% |
| Return on total capital | 151.76% | 122.51% | 126.29% | 158.99% | 187.98% | 276.38% | 270.40% | 200.66% | 237.90% | 155.70% | 137.15% | 133.95% | 122.48% | 112.75% | 79.68% | 90.78% | 77.03% | 67.66% | 36.53% | 37.56% |
| Return on equity (ROE) | 65.48% | 50.78% | 45.97% | 62.25% | 78.67% | 127.62% | 137.93% | 107.04% | 129.51% | 83.93% | 67.59% | 61.81% | 55.92% | 53.64% | 38.50% | 46.27% | 38.01% | 17.96% | 3.37% | 3.35% |
DaVita Inc's profitability ratios display a mixed performance over the past eight quarters.
The Operating return on assets (Operating ROA) has shown a slight fluctuation, ranging from 7.43% to 9.48%. This indicates the efficiency with which the company generates profits from its assets dedicated to operations. The trend seems to be relatively stable, with a moderate increase in Q4 2023 compared to the previous quarters.
Return on assets (ROA) has also varied, from 2.76% to 4.09%. ROA illustrates the overall ability of DaVita Inc to generate profits from its total assets. Despite the fluctuation, the trend shows an improvement in profitability in Q4 2023 compared to some previous quarters.
Return on total capital and Return on equity (ROE) have shown more substantial changes over the periods. Return on total capital has ranged from 11.53% to 14.88%, reflecting the return earned on all of DaVita Inc's invested capital. The trend indicates some fluctuations, with Q4 2023 presenting a higher return compared to certain prior quarters.
ROE, which measures the returns generated on the shareholders' equity, has experienced significant variations, ranging from 45.97% to 137.93%. This ratio shows a higher level of profitability in relation to the shareholders' equity. Q4 2023 displays a substantial decline in ROE compared to some prior quarters, suggesting a decrease in shareholders’ wealth compared to earlier periods.
Overall, while Operating ROA and ROA demonstrate a relatively stable and improving trend, Return on total capital and ROE show more fluctuation. This suggests that DaVita Inc's profitability has been varying over the observed periods, and it would be prudent to further investigate the factors driving these ratio movements for a more detailed analysis of the company's financial performance.