Privia Health Group Inc (PRVA)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 16,982 | 13,154 | 12,877 | 14,758 | 20,649 | 21,478 | 11,368 | -861 | -19,122 | -40,718 | -48,953 | -236,890 | -217,436 | -193,927 | -172,575 | 26,791 | 25,380 |
| Total assets | US$ in thousands | 1,135,780,000 | 1,145,560 | 1,077,620 | 1,031,590 | 999,900 | 992,330 | 937,574 | 875,343 | 792,813 | 807,786 | 744,990 | 723,183 | 686,373 | 632,061 | 597,139 | 348,276 | 328,969 |
| Operating ROA | 0.00% | 1.15% | 1.19% | 1.43% | 2.07% | 2.16% | 1.21% | -0.10% | -2.41% | -5.04% | -6.57% | -32.76% | -31.68% | -30.68% | -28.90% | 7.69% | 7.72% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $16,982K ÷ $1,135,780,000K
= 0.00%
The operating return on assets (ROA) for Privia Health Group Inc has fluctuated over the period from December 31, 2020, to December 31, 2024.
The company started this period with a positive operating ROA of 7.72% on December 31, 2020, indicating that for every dollar of assets the company had, it generated 7.72 cents in operating income. However, the operating ROA declined in the following quarters and turned negative by June 2021, reaching a low of -32.76% by March 31, 2022. This indicates that the company was not efficiently utilizing its assets to generate operating income during this period.
From June 2022 onwards, Privia Health Group Inc showed signs of improvement in its operating ROA, gradually climbing from negative values to positive values by March 31, 2024. Despite some fluctuations, the operating ROA stabilized around 1% to 2% in the last few quarters of the analyzed period.
Overall, the trend in the operating ROA of Privia Health Group Inc indicates a period of operational challenges followed by a recovery and stabilization phase. To further assess the company's performance, it may be necessary to evaluate the reasons behind the fluctuations in operating ROA and how management strategies influenced these changes.
Peer comparison
Dec 31, 2024