Privia Health Group Inc (PRVA)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 20,649 | 21,478 | 11,368 | -861 | -19,122 | -40,718 | -48,953 | -236,890 | -217,436 |
| 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 |
| Operating profit margin | 1.24% | 1.35% | 0.75% | -0.06% | -1.41% | -3.21% | -4.17% | -22.23% | -22.53% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $20,649K ÷ $1,666,109K
= 1.24%
The operating profit margin of Privia Health Group Inc has shown variability over the past eight quarters. In Q4 2023, the operating profit margin improved to 1.25%, up from 1.36% in Q3 2023. However, this is lower compared to the negative margins recorded in Q1 2023 and Q4 2022. The company faced challenges in Q1 2023 with an operating profit margin of -0.06%, but managed to recover in the subsequent quarters. Overall, the operating profit margin has exhibited fluctuation, indicating a need for the company to focus on cost management and efficiency to enhance profitability.
Peer comparison
Dec 31, 2023