Privia Health Group Inc (PRVA)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 27,870 | 29,021 | -18,580 | -218,506 | 23,463 |
| Revenue | US$ in thousands | 1,736,390 | 1,657,740 | 1,356,660 | 966,220 | 817,075 |
| Pretax margin | 1.61% | 1.75% | -1.37% | -22.61% | 2.87% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $27,870K ÷ $1,736,390K
= 1.61%
Privia Health Group Inc's pretax margin has displayed fluctuating trends over the past five years. In December 2020, the company reported a pretax margin of 2.87%, indicating that for every dollar of revenue generated, the company retained approximately 2.87 cents before taxes. However, the pretax margin took a significant negative turn in December 2021, plunging to -22.61%. This suggests that the company's expenses outpaced its revenues, leading to a loss before taxes.
By December 2022, Privia Health Group Inc managed to improve its pretax margin, although it remained in the negative territory at -1.37%. The company then experienced a turnaround, achieving a positive pretax margin of 1.75% by December 2023, signaling a return to profitability. Despite this improvement, the pretax margin slightly dipped to 1.61% by December 2024.
Overall, Privia Health Group Inc's pretax margin performance reflects a mix of challenges and progress in maintaining profitability over the years, with efforts to streamline operations and control costs potentially impacting its financial health.
Peer comparison
Dec 31, 2024