DaVita HealthCare Partners Inc (DVA)

Return on assets (ROA)

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
Net income (ttm) US$ in thousands 691,535 608,973 467,707 513,825 560,400 679,770 834,158 903,169 978,450 964,750 863,670 771,452 773,642 844,740 829,336 901,285 810,981 416,338 136,272 129,997
Total assets US$ in thousands 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 17,311,400 17,451,800 19,931,000 22,605,900
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%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $691,535K ÷ $16,893,600K
= 4.09%

To analyze DaVita Inc's return on assets (ROA) over the last eight quarters, we observe a fluctuating trend. In Q4 2023, the ROA stands at 4.09%, representing a slight increase from the previous quarter's 3.60%. The ROA had seen a decline in Q2 2023 to 2.76% but then improved to 3.07% in Q1 2023.

Comparing year-over-year data, Q4 2023's ROA of 4.09% is slightly lower than Q4 2022's 3.31%. The trend over the past year has shown some variability, with ROA peaking at 5.29% in Q1 2022 and hitting a low of 2.76% in Q2 2023.

These fluctuations suggest that DaVita Inc's ability to generate profits from its assets has not been consistent. It is essential for the company to focus on improving efficiency and profitability to enhance its ROA performance and create sustainable value for its stakeholders.


Peer comparison

Dec 31, 2023

Company name
Symbol
ROA
DaVita HealthCare Partners Inc
DVA
4.09%
Progyny Inc
PGNY
8.20%
Sotera Health Co
SHC
1.64%