Privia Health Group Inc (PRVA)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 16,982 | 20,649 | -19,122 | -217,436 | 25,380 |
| Revenue | US$ in thousands | 1,736,390 | 1,657,740 | 1,356,660 | 966,220 | 817,075 |
| Operating profit margin | 0.98% | 1.25% | -1.41% | -22.50% | 3.11% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $16,982K ÷ $1,736,390K
= 0.98%
The operating profit margin of Privia Health Group Inc has experienced fluctuations over the past five years.
- In December 2020, the operating profit margin was recorded at 3.11%, indicating that the company was generating a profit from its core operations.
- However, by December 2021, the operating profit margin decreased significantly to -22.50%, suggesting that the company faced challenges in maintaining profitability or even incurred operating losses during that period.
- The trend improved slightly in December 2022 with an operating profit margin of -1.41%, although the company was still facing challenges in achieving profitability.
- By December 2023, the operating profit margin increased to 1.25%, indicating that Privia Health Group Inc was able to improve its operational efficiency and generate a modest profit from its core business activities.
- In December 2024, the operating profit margin further improved to 0.98%, demonstrating continued progress in enhancing profitability.
Overall, the fluctuating operating profit margins over the years suggest that Privia Health Group Inc has been working on optimizing its operations and cost structure to drive profitability, with some improvements seen in the later years despite challenges faced earlier. Further analysis of the company's revenue and expenses trends would provide more insights into its financial performance.
Peer comparison
Dec 31, 2024