Privia Health Group Inc (PRVA)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 16,982 | 13,154 | 12,877 | 14,758 | 20,649 | 21,478 | 11,368 | -861 | -19,122 | -40,718 | -48,952 | -236,889 | -217,435 | -193,924 | -172,573 | 26,794 | 25,394 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 635,183,000 | 614,886 | 595,407 | 576,800 | 561,437 | 544,681 | 525,232 | 513,276 | 499,094 | 470,186 | 445,155 | 435,042 | 426,872 | 410,600 | 393,300 | 152,247 | 146,748 |
| Return on total capital | 0.00% | 2.14% | 2.16% | 2.56% | 3.68% | 3.94% | 2.16% | -0.17% | -3.83% | -8.66% | -11.00% | -54.45% | -50.94% | -47.23% | -43.88% | 17.60% | 17.30% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $16,982K ÷ ($—K + $635,183,000K)
= 0.00%
Privia Health Group Inc's return on total capital has shown significant fluctuations over the period from December 31, 2020, to December 31, 2024. The company started with a strong return of 17.30% in December 2020 but experienced a sharp decline to negative figures by the middle of 2021. This negative trend continued into 2022, reaching its lowest point at -54.45% in March.
However, there was a notable turnaround starting in the second half of 2023, with the return on total capital gradually improving to reach positive territory again. By December 31, 2024, the return stood at 0.00%. This recovery may indicate that the company implemented strategic changes or initiatives to enhance its capital efficiency.
Overall, the trend in return on total capital for Privia Health Group Inc reflects a period of instability and challenges followed by a gradual improvement, demonstrating the company's ability to adapt and potentially optimize its capital utilization over time. It will be important for stakeholders to monitor future trends to ensure sustained operational and financial performance.
Peer comparison
Dec 31, 2024