DaVita HealthCare Partners Inc (DVA)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 936,342 | 691,535 | 560,400 | 978,450 | 773,642 |
Total assets | US$ in thousands | 17,285,300 | 16,893,600 | 16,928,300 | 17,121,500 | 16,988,500 |
ROA | 5.42% | 4.09% | 3.31% | 5.71% | 4.55% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $936,342K ÷ $17,285,300K
= 5.42%
DaVita HealthCare Partners Inc's return on assets (ROA) has shown fluctuations over the past five years. The ROA increased from 4.55% in December 2020 to 5.71% in December 2021, indicating improved efficiency in generating profits from its assets. However, there was a decline in ROA to 3.31% in December 2022, suggesting a decrease in profitability relative to its asset base.
Subsequently, the ROA slightly increased to 4.09% in December 2023, showing a recovery in asset utilization efficiency. The most recent data point, December 31, 2024, indicates an ROA of 5.42%, which suggests a significant improvement in generating profits from its assets compared to the prior year.
Overall, DaVita HealthCare Partners Inc's ROA trend demonstrates a mix of performance levels over the period, with improvements and declines in profitability relative to the company's asset base. It is important for stakeholders to further analyze the factors driving these fluctuations to gain a deeper understanding of the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024