Privia Health Group Inc (PRVA)
Gross profit 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 176,853 | 167,927 | 164,311 | 163,060 | 161,501 | 159,173 | 151,323 | 143,731 | 134,782 | 122,956 | 115,225 | 68,472 | 63,662 | 62,173 | 57,515 | 87,839 | 82,582 |
| Revenue (ttm) | US$ in thousands | 1,736,390 | 1,716,318 | 1,695,679 | 1,686,704 | 1,657,737 | 1,581,333 | 1,506,950 | 1,429,135 | 1,356,660 | 1,267,569 | 1,176,194 | 1,066,414 | 966,220 | 904,586 | 860,232 | 817,740 | 817,075 |
| Gross profit margin | 10.19% | 9.78% | 9.69% | 9.67% | 9.74% | 10.07% | 10.04% | 10.06% | 9.93% | 9.70% | 9.80% | 6.42% | 6.59% | 6.87% | 6.69% | 10.74% | 10.11% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $176,853K ÷ $1,736,390K
= 10.19%
The gross profit margin of Privia Health Group Inc has exhibited some fluctuations over the last few years based on the provided data. Starting at 10.11% as of December 31, 2020, the margin increased slightly to 10.74% by March 31, 2021. However, there was a notable decline in the margin in the following quarters, reaching a low of 6.59% by December 31, 2021.
Subsequently, there were gradual improvements in the gross profit margin, with figures ranging between 6.42% to 10.07% reported through September 30, 2023. This period showed some volatility in the margin, albeit following an overall increasing trend.
From December 31, 2023, onwards, the gross profit margin generally stabilized within a narrower range of 9.67% to 10.19% up to December 31, 2024. This suggests a more consistent performance in profitability over the most recent quarters.
Overall, despite some fluctuations, the gross profit margin of Privia Health Group Inc has shown resilience and managed to recover and maintain a relatively stable level in the latter part of the reporting period. However, continuous monitoring of the margin and identifying factors influencing its movements would be essential for the company's financial health and strategic decision-making.
Peer comparison
Dec 31, 2024