Privia Health Group Inc (PRVA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 13.60% | 79.91% | 82.71% | 85.79% | 88.75% | 26.65% | 43.43% | 48.71% | 70.98% |
| Operating profit margin | 1.24% | 1.35% | 0.75% | -0.06% | -1.41% | -3.21% | -4.17% | -22.23% | -22.53% |
| Pretax margin | 1.86% | 1.93% | 1.27% | 0.39% | -1.11% | -3.08% | -4.01% | -22.03% | -22.39% |
| Net profit margin | 1.39% | 2.39% | 2.25% | 1.13% | -0.63% | -3.03% | -4.18% | -19.82% | -19.50% |
Privia Health Group Inc has shown consistent stability in its gross profit margins over the last eight quarters, averaging around 87-88%. This indicates the company has been effectively managing its cost of goods sold.
In terms of operating profit margin, there has been a notable improvement from negative figures in Q1 2022 to positive figures in more recent quarters. This suggests that the company has been able to control its operating expenses and improve its operational efficiency.
Similarly, the pretax margin has also shown positive trends, indicating that the company is managing its non-operating expenses effectively, which has contributed to the overall profitability of the company.
On the other hand, the net profit margin has been quite volatile, with significant variations across quarters. The company recorded negative net profit margins in Q2 and Q3 of 2022, but has since rebounded to positive margins, showing signs of recovery.
Overall, Privia Health Group Inc has made progress in improving its profitability metrics, especially in terms of operating profit margin and pretax margin. However, the company may need to focus on sustaining and further enhancing its net profit margin to ensure long-term financial health and stability.
Return on investment
| 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 return on assets (Operating ROA) | 2.07% | 2.16% | 1.21% | -0.10% | -2.41% | -5.04% | -6.57% | -32.76% | -31.68% |
| Return on assets (ROA) | 2.31% | 3.83% | 3.63% | 1.86% | -1.08% | -4.75% | -6.59% | -29.20% | -27.42% |
| Return on total capital | 3.68% | 3.94% | 2.16% | -0.17% | -3.72% | -8.56% | -10.49% | -50.09% | -46.88% |
| Return on equity (ROE) | 4.11% | 6.98% | 6.47% | 3.17% | -1.72% | -8.15% | -11.03% | -48.53% | -44.10% |
Privia Health Group Inc's profitability ratios show varying trends over the past eight quarters.
1. Operating return on assets (Operating ROA) has gradually improved from negative figures in Q1 2023 to a positive 2.07% in Q4 2023. This indicates that the company is generating operating income more efficiently from its assets towards the end of the period.
2. Return on assets (ROA) shows a similar improving trend, starting from negative values in Q1 2023 to a positive 2.31% in Q4 2023. This suggests that the company's overall profitability in relation to its total assets has strengthened.
3. Return on total capital depicts fluctuating results, with Q4 2023 showing a positive 3.68% after several quarters of negative figures. This indicates that profitability concerning total invested capital has rebounded in the most recent quarter.
4. Return on equity (ROE) also displays an upward trajectory, with Q4 2023 reaching 4.11% from negative figures earlier in the period. This signifies a positive change in the company's ability to generate profit relative to its shareholders' equity.
Overall, Privia Health Group Inc's profitability ratios have shown improvement over the quarters, reflecting enhanced profitability and efficiency in generating returns from assets, capital, and equity. This positive trend may indicate better financial health and performance for the company moving forward.