Privia Health Group Inc (PRVA)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 14,385 | 23,079 | -12,064 | -190,649 | 31,244 |
| Revenue | US$ in thousands | 1,736,390 | 1,657,740 | 1,356,660 | 966,220 | 817,075 |
| Net profit margin | 0.83% | 1.39% | -0.89% | -19.73% | 3.82% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $14,385K ÷ $1,736,390K
= 0.83%
The net profit margin of Privia Health Group Inc has exhibited variability over the past five years, ranging from a positive 3.82% in December 2020 to a negative 19.73% in December 2021. This negative trend continued in December 2022 with a net profit margin of -0.89%, indicating challenges in generating profits relative to revenue during that period. However, there was a slight improvement in December 2023 with a net profit margin of 1.39%, showing signs of recovery. By December 2024, the net profit margin stood at 0.83%, suggesting some stabilization but still below the initial level in 2020. Overall, the fluctuation in net profit margin reflects varying profitability levels and highlights the importance of monitoring and addressing factors impacting profitability within Privia Health Group Inc's operations.
Peer comparison
Dec 31, 2024