Privia Health Group Inc (PRVA)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 14,385 | 12,824 | 14,932 | 18,739 | 23,079 | 38,017 | 32,930 | 15,181 | -10,230 | -39,985 | -49,656 | -211,715 | -188,230 | -172,387 | -146,587 | 31,228 | 31,244 |
| 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 |
| Net profit margin | 0.83% | 0.75% | 0.88% | 1.11% | 1.39% | 2.40% | 2.19% | 1.06% | -0.75% | -3.15% | -4.22% | -19.85% | -19.48% | -19.06% | -17.04% | 3.82% | 3.82% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $14,385K ÷ $1,736,390K
= 0.83%
The net profit margin of Privia Health Group Inc has shown fluctuations over the period from December 31, 2020, to December 31, 2024. The net profit margin started at 3.82% in December 2020 and remained at this level until March 2021. Subsequently, there was a significant decline in profitability, with negative margins reported from June 2021 to December 2022, reaching as low as -19.85% in March 2022.
However, there was a gradual improvement in the net profit margin from March 2023 onwards, showing a positive trend. By December 2024, the net profit margin had improved to 0.83%. This indicates that Privia Health Group Inc has been able to effectively manage its costs and increase profitability over the period in question, albeit with some volatility.
Further analysis considering the reasons behind the fluctuations in profitability during the negative periods and the strategies implemented to drive the positive trend in more recent periods would provide valuable insights into the company's financial performance and prospects.
Peer comparison
Dec 31, 2024