Privia Health Group Inc (PRVA)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 31,048 | 30,595 | 19,231 | 5,550 | -15,101 | -39,052 | -47,146 | -234,677 | -216,077 |
| 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 |
| Pretax margin | 1.86% | 1.93% | 1.27% | 0.39% | -1.11% | -3.08% | -4.01% | -22.03% | -22.39% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $31,048K ÷ $1,666,109K
= 1.86%
Privia Health Group Inc's pretax margin has shown improvement over the past four quarters, with a positive trend from Q1 2023 to Q4 2023. The company's pretax margin increased from 0.12% in Q1 2023 to 1.75% in Q4 2023, indicating a stronger profitability before taxes in the most recent quarter. Despite facing negative pretax margins in the previous quarters, Privia Health Group Inc managed to turn around its performance and achieve positive profitability in Q4 2023. This positive trend may reflect the company's efforts to control costs and improve operational efficiency, ultimately leading to better financial performance.
Peer comparison
Dec 31, 2023