Privia Health Group Inc (PRVA)
Net profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 23,079 | 38,017 | 33,998 | 16,249 | -8,585 | -38,340 | -49,079 | -211,138 | -188,230 |
| Revenue (ttm) | US$ in thousands | 1,666,109 | 1,588,009 | 1,511,017 | 1,431,722 | 1,357,202 | 1,266,774 | 1,174,822 | 1,065,403 | 965,150 |
| Net profit margin | 1.39% | 2.39% | 2.25% | 1.13% | -0.63% | -3.03% | -4.18% | -19.82% | -19.50% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $23,079K ÷ $1,666,109K
= 1.39%
The net profit margin of Privia Health Group Inc has shown improvement over the past four quarters. In Q4 2023, the net profit margin was 1.39%, which increased from the previous quarter's 1.14%. This improvement indicates that the company's efficiency in generating profit from its revenue has slightly increased. Although the net profit margin is still relatively low compared to earlier quarters, this positive trend suggests that the company's profitability is heading in the right direction. It is important for Privia Health Group Inc to continue monitoring and improving its operations to sustain and potentially enhance its profitability in the future.
Peer comparison
Dec 31, 2023