NASDAQ : PRVA
Privia Health Group, Inc. — Financial statements
Healthcare · Health Information Services · United States
Last price 21.995 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.81B
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Financial statements
Privia Health Group, Inc. (PRVA) reported revenue of 2.36B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.36B | 2.12B | 1.74B | 1.66B | 1.36B | 966.22M |
| Cost of Revenue | 2.12B | 1.91B | 1.56B | 1.50B | 1.22B | 902.56M |
| Gross Profit | 236.52M | 209.43M | 176.85M | 161.50M | 134.78M | 63.66M |
| Selling, General & Admin | 179.59M | 165.29M | 152.60M | 134.32M | 149.33M | 278.63M |
| Operating Expenses | 191.65M | 175.19M | 159.87M | 140.85M | 153.90M | 281.10M |
| Operating Income | 44.88M | 34.23M | 16.98M | 20.65M | -19.12M | -217.44M |
| Interest Expense | -1.07M | |||||
| Interest & Investment Income | 7.92M | 9.70M | 10.89M | 8.37M | 542.00K | |
| Pretax Income | 56.11M | 43.94M | 27.87M | 29.02M | -18.58M | -218.51M |
| Income Tax Expense | 22.27M | 14.21M | 10.83M | 7.99M | -6.52M | -27.86M |
| Earnings From Continuing Operations | 33.84M | 29.73M | 17.04M | 21.03M | -12.06M | -190.65M |
| Minority Interest in Earnings | -5.71M | -6.81M | -2.66M | 2.05M | 3.48M | 2.42M |
| Net Income | 28.12M | 22.92M | 14.38M | 23.08M | -8.59M | -188.23M |
| Net Income to Common | 28.12M | 22.92M | 14.38M | 23.08M | -8.59M | -188.23M |
| Shares Outstanding (Basic) | 124.06M | 122.18M | 119.40M | 116.73M | 110.70M | 102.95M |
| Shares Outstanding (Diluted) | 130.49M | 128.89M | 125.61M | 124.69M | 110.70M | 102.95M |
| EPS (Basic) | 0.23 | 0.19 | 0.12 | 0.20 | -0.08 | -1.83 |
| EPS (Diluted) | 0.22 | 0.18 | 0.11 | 0.19 | -0.08 | -1.83 |
| Free Cash Flow | 131.13M | 163.40M | 109.28M | 80.78M | 47.20M | 54.51M |
| Free Cash Flow Per Share | 1.00 | 1.27 | 0.87 | 0.65 | 0.43 | 0.53 |
| Gross Margin | 10.03% | 9.87% | 10.18% | 9.74% | 9.93% | 6.59% |
| Operating Margin | 1.90% | 1.61% | 0.98% | 1.25% | -1.41% | -22.50% |
| Profit Margin | 1.19% | 1.08% | 0.83% | 1.39% | -0.63% | -19.48% |
| Free Cash Flow Margin | 5.56% | 7.70% | 6.29% | 4.87% | 3.48% | 5.64% |
| EBITDA | 56.94M | 44.14M | 24.25M | 27.18M | -14.55M | -214.97M |
| EBITDA Margin | 2.42% | 2.08% | 1.40% | 1.64% | -1.07% | -22.25% |
| D&A For EBITDA | 12.06M | 9.91M | 7.27M | 6.53M | 4.57M | 2.46M |
| EBIT | 44.88M | 34.23M | 16.98M | 20.65M | -19.12M | -217.44M |
| EBIT Margin | 1.90% | 1.61% | 0.98% | 1.25% | -1.41% | -22.50% |
| Effective Tax Rate | 39.69% | 32.35% | 38.84% | 27.54% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 412.20M | 479.69M | 491.15M | 389.51M | 347.99M | 320.58M |
| Cash & Short-Term Investments | 412.20M | 479.69M | 491.15M | 389.51M | 347.99M | 320.58M |
| Receivables | 574.16M | 400.90M | 316.18M | 290.77M | 189.60M | 117.40M |
| Prepaid Expenses | 38.91M | 30.41M | 27.50M | 20.52M | 14.37M | 8.70M |
| Total Current Assets | 1.03B | 911.00M | 834.82M | 700.80M | 551.96M | 446.68M |
| Property, Plant & Equipment | 8.31M | 9.30M | 6.07M | 8.94M | 11.47M | 14.14M |
| Goodwill | 215.79M | 209.84M | 141.62M | 138.75M | 126.94M | 127.94M |
| Other Intangible Assets | 218.65M | 215.92M | 109.81M | 107.63M | 57.39M | 59.74M |
| Long-Term Deferred Tax Assets | 2.27M | 26.38M | 35.20M | 40.37M | 33.36M | |
| Other Long-Term Assets | 20.56M | 21.04M | 17.09M | 8.58M | 4.68M | 4.52M |
| Total Assets | 1.49B | 1.37B | 1.14B | 999.90M | 792.81M | 686.37M |
| Accounts Payable | 8.49M | 7.97M | 9.76M | 7.88M | 6.73M | 2.97M |
| Accrued Expenses | 623.88M | 558.35M | 436.84M | 376.03M | 254.53M | 183.72M |
| Current Portion of Long-Term Debt | 875.00K | |||||
| Current Portion of Leases | 2.07M | 2.20M | 2.55M | 3.04M | 3.01M | 2.89M |
| Total Current Liabilities | 634.44M | 568.52M | 449.15M | 386.95M | 264.27M | 190.46M |
| Long-Term Debt | 31.69M | |||||
| Long-Term Leases | 6.67M | 7.33M | 3.04M | 5.25M | 8.49M | 11.04M |
| Long-Term Deferred Tax Liabilities | 3.74M | |||||
| Other Long-Term Liabilities | 5.66M | 2.58M | 153.00K | 313.00K | 1.00M | 3.00M |
| Total Liabilities | 650.51M | 578.43M | 452.34M | 392.51M | 273.76M | 236.19M |
| Common Stock | 1.26M | 1.24M | 1.20M | 1.18M | 1.15M | 1.08M |
| Additional Paid-In Capital | 925.26M | 892.29M | 813.21M | 753.87M | 714.64M | 633.90M |
| Retained Earnings | -144.20M | -156.31M | -179.23M | -193.61M | -216.69M | -208.11M |
| Total Common Equity | 782.33M | 737.22M | 635.18M | 561.44M | 499.09M | 426.87M |
| Minority Interest | 55.74M | 53.73M | 48.26M | 45.95M | 19.95M | 23.31M |
| Shareholders' Equity | 838.07M | 790.94M | 683.45M | 607.39M | 519.05M | 450.18M |
| Total Liabilities & Equity | 1.49B | 1.37B | 1.14B | 999.90M | 792.81M | 686.37M |
| Total Debt | 8.73M | 9.53M | 5.59M | 8.29M | 11.50M | 46.50M |
| Net Cash (Debt) | 403.47M | 470.15M | 485.56M | 381.22M | 336.49M | 274.08M |
| Net Cash Per Share | 3.09 | 3.65 | 3.87 | 3.06 | 3.04 | 2.66 |
| Filing Date Shares Outstanding | 127.73M | 123.69M | 120.51M | 118.57M | 115.00M | 108.17M |
| Total Common Shares Outstanding | 126.29M | 123.60M | 120.31M | 118.22M | 114.69M | 107.84M |
| Working Capital | 390.82M | 342.48M | 385.68M | 313.85M | 287.69M | 256.21M |
| Book Value Per Share | 6.19 | 5.96 | 5.28 | 4.75 | 4.35 | 3.96 |
| Tangible Book Value | 347.89M | 311.46M | 383.76M | 315.06M | 314.77M | 239.20M |
| Tangible Book Value Per Share | 2.75 | 2.52 | 3.19 | 2.67 | 2.74 | 2.22 |
| Machinery | 3.09M | 3.09M | 3.09M | 3.06M | 2.97M | |
| Leasehold Improvements | 4.96M | 4.96M | 4.94M | 4.86M | 4.83M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 28.12M | 22.92M | 14.38M | 23.08M | -8.59M | -188.23M |
| Depreciation & Amortization | 12.06M | 9.91M | 7.27M | 6.53M | 4.57M | 2.46M |
| Other Amortization | 687.00K | 157.00K | ||||
| Stock-Based Compensation | 75.75M | 71.07M | 56.68M | 37.10M | 67.36M | 253.53M |
| Other Operating Activities | 17.59M | 17.68M | 11.48M | 5.41M | -10.48M | -30.83M |
| Change in Accounts Receivable | -87.55M | -36.67M | -19.82M | -96.88M | -72.20M | -14.64M |
| Change in Accounts Payable | 16.72M | 14.82M | 19.91M | 4.99M | 6.85M | 1.26M |
| Change in Other Net Operating Assets | 68.44M | 63.68M | 19.39M | 100.54M | 59.00M | 31.35M |
| Operating Cash Flow | 131.13M | 163.40M | 109.28M | 80.78M | 47.20M | 55.06M |
| Capital Expenditures | -547.00K | |||||
| Cash Acquisitions | -102.74M | -180.37M | -6.96M | -42.86M | -32.23M | |
| Other Investing Activities | -1.26M | -1.20M | -5.02M | -113.00K | -104.00K | |
| Investing Cash Flow | -104.00M | -181.57M | -11.98M | -42.97M | -104.00K | -32.77M |
| Long-Term Debt Repaid | -33.25M | -875.00K | ||||
| Total Debt Repaid | -33.25M | -875.00K | ||||
| Net Debt Issued (Repaid) | -33.25M | -875.00K | ||||
| Issuance of Common Stock | 5.52M | 8.05M | 2.68M | 8.74M | 13.45M | 227.51M |
| Other Financing Activities | -10.58M | -1.34M | 1.65M | -5.04M | 125.00K | -12.98M |
| Financing Cash Flow | -5.05M | 6.70M | 4.33M | 3.71M | -19.68M | 213.66M |
| Net Cash Flow | 22.07M | -11.46M | 101.64M | 41.52M | 27.41M | 235.94M |
| Free Cash Flow | 131.13M | 163.40M | 109.28M | 80.78M | 47.20M | 54.51M |
| Free Cash Flow Margin | 5.56% | 7.70% | 6.29% | 4.87% | 3.48% | 5.64% |
| Free Cash Flow Per Share | 1.00 | 1.27 | 0.87 | 0.65 | 0.43 | 0.53 |
| Levered Free Cash Flow | 95.65M | 134.46M | 104.86M | 71.86M | 57.36M | 139.02M |
| Unlevered Free Cash Flow | 95.65M | 134.46M | 104.86M | 71.86M | 56.68M | 139.53M |
| Cash Interest Paid | 289.00K | 251.00K | 285.00K | 40.00K | 713.00K | 888.00K |
| Cash Income Tax Paid | 11.52M | 6.64M | 3.75M | 1.04M | 307.00K | 504.00K |
| Change in Working Capital | -2.40M | 41.83M | 19.47M | 8.66M | -6.35M | 17.97M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.74B | 2.92B | 2.35B | 2.72B | 2.60B | 2.76B |
| Enterprise Value | 2.34B | 2.53B | 1.98B | 2.44B | 2.31B | 2.43B |
| Last Close Price | 21.48 | 23.71 | 19.55 | 23.03 | 22.71 | 25.87 |
| PE Ratio | 97.96 | 127.25 | 163.09 | 117.81 | ||
| Forward PE | 56.42 | 91.72 | 80.52 | 93.73 | 215.10 | 130.97 |
| PS Ratio | 1.16 | 1.37 | 1.35 | 1.64 | 1.91 | 2.85 |
| PB Ratio | 3.47 | 3.69 | 3.43 | 4.48 | 5.00 | 6.12 |
| P/TBV Ratio | 7.89 | 9.36 | 6.11 | 8.63 | 8.25 | 11.52 |
| P/FCF Ratio | 20.92 | 17.85 | 21.47 | 33.66 | 55.00 | 50.54 |
| P/OCF Ratio | 20.92 | 17.85 | 21.47 | 33.66 | 55.00 | 50.04 |
| PEG Ratio | 1.63 | |||||
| EV/Sales Ratio | 0.99 | 1.19 | 1.14 | 1.47 | 1.70 | 2.52 |
| EV/EBITDA Ratio | 41.10 | 57.43 | 81.55 | 89.91 | ||
| EV/EBIT Ratio | 52.15 | 74.04 | 116.45 | 118.36 | ||
| EV/FCF Ratio | 17.85 | 15.51 | 18.09 | 30.25 | 48.98 | 44.58 |
| Debt / Equity Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.10 |
| Debt / EBITDA Ratio | 0.14 | 0.20 | 0.21 | 0.28 | ||
| Debt / FCF Ratio | 0.07 | 0.06 | 0.05 | 0.10 | 0.24 | 0.85 |
| Net Debt / Equity Ratio | -0.48 | -0.59 | -0.71 | -0.63 | -0.65 | -0.61 |
| Net Debt / EBITDA Ratio | -7.09 | -10.65 | -20.02 | -14.03 | 23.12 | 1.27 |
| Net Debt / FCF Ratio | -3.08 | -2.88 | -4.44 | -4.72 | -7.13 | -5.03 |
| Asset Turnover | 1.71 | 1.70 | 1.63 | 1.85 | 1.83 | 1.90 |
| Quick Ratio | 1.55 | 1.55 | 1.80 | 1.76 | 2.03 | 2.30 |
| Current Ratio | 1.62 | 1.60 | 1.86 | 1.81 | 2.09 | 2.35 |
| Return on Equity (ROE) | 4.31% | 4.03% | 2.64% | 3.73% | -2.49% | -64.21% |
| Return on Assets (ROA) | 2.03% | 1.71% | 0.99% | 1.44% | -1.62% | -26.77% |
| Return on Invested Capital (ROIC) | 6.52% | 8.93% | 4.90% | 7.32% | -10.66% | -161.79% |
| Return on Capital Employed (ROCE) | 5.30% | 4.30% | 2.50% | 3.40% | -3.60% | -43.80% |
| Earnings Yield | 1.02% | 0.79% | 0.61% | 0.85% | -0.33% | -6.83% |
| FCF Yield | 4.78% | 5.60% | 4.66% | 2.97% | 1.82% | 1.98% |
| Buyback Yield / Dilution | -2.73% | -2.61% | -0.74% | -12.64% | -7.52% | -7.30% |