Privia Health Group Inc (PRVA)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 1,135,780 | 999,900 | 792,813 | 686,373 | 328,969 |
| Operating ROA | 1.50% | 2.07% | -2.41% | -31.68% | 7.72% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $16,982K ÷ $1,135,780K
= 1.50%
Based on the data provided, Privia Health Group Inc's operating return on assets (operating ROA) has exhibited significant fluctuations over the five-year period analyzed.
- In December 31, 2020, the operating ROA was 7.72%, indicating that the company generated a positive return on its assets through its operations.
- However, by December 31, 2021, the operating ROA plummeted to -31.68%, indicating a substantial decline in the company's ability to generate profits from its assets.
- The negative trend continued into December 31, 2022, with an operating ROA of -2.41%, suggesting ongoing challenges in efficiently utilizing assets to generate operating income.
- By December 31, 2023, there was a slight improvement, with the operating ROA increasing to 2.07%, but the company still struggled to achieve a significant positive return.
- As of December 31, 2024, the operating ROA remained relatively low at 1.50%, indicating that Privia Health Group Inc continued to face difficulties in optimizing its asset base to drive operating profitability.
Overall, the fluctuating trend in Privia Health Group Inc's operating return on assets over the five-year period highlights the importance of closely monitoring the company's operational efficiency and asset utilization to ensure sustainable profitability and value creation for stakeholders.
Peer comparison
Dec 31, 2024