CoverageForm 410-K10-Q8-K13D13G13F

DVA · Davita Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · DVA

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$13.64B$12.82B$12.14B$11.61B$11.62B$11.55B
Cost of Revenue------
Gross Profit------
R&D------
SG&A$1.67B$1.54B$1.47B$1.36B$1.20B$1.25B
Total Operating Expenses$11.60B$10.73B$10.54B$10.27B$9.82B$9.86B
D&A$708.25M$716.40M$736.47M$721.13M$667.75M$616.63M
Operating Income$2.04B$2.09B$1.60B$1.34B$1.80B$1.69B
Interest Expense$539.92M$435.20M$373.95M$339.25M$267.05M$282.93M
Income Tax$293.11M$279.66M$220.12M$198.09M$306.73M$313.93M
Net Income$746.80M$936.34M$691.53M$560.40M$978.45M$773.64M
EPS - Basic$10.06$11.02$7.62$6.03$9.30$6.46
EPS - Diluted$9.84$10.73$7.42$5.85$8.90$6.31

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$676.44M$794.93M$380.06M$244.09M$461.90M$324.96M
Accounts Receivable$2.41B$2.15B$1.99B$2.13B$1.96B$1.82B
Inventory$160.63M$134.56M$143.10M$109.12M$107.43M$111.63M
Accounts Payable$696.15M$547.20M$514.53M$479.78M$402.05M$434.25M
Current Assets$4.06B$3.75B$3.14B$3.16B$3.17B$3.15B
Total Assets$17.48B$17.29B$16.89B$16.93B$17.12B$16.99B
Current Liabilities$3.14B$2.97B$2.64B$2.62B$2.40B$2.48B
Long-term Debt------
Total Liabilities$16.32B$15.19B$14.15B$14.70B$14.75B$14.09B
Stockholders' Equity($651.08M)$121.12M$1.06B$712.33M$755.51M$1.38B
Retained Earnings($328.43M)$1.53B$598.29M$174.49M$354.34M$852.54M

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$1.89B$2.02B$2.06B$1.56B$1.93B$1.98B
Investing Cash Flow($654.95M)($771.43M)($771.80M)($630.35M)($784.73M)($825.37M)
Financing Cash Flow($1.37B)($816.94M)($1.17B)($1.12B)($1.08B)($1.85B)
CapEx$575.86M$555.44M$567.99M$603.43M$641.47M$674.54M
Free Cash Flow$1.31B$1.47B$1.49B$961.14M$1.29B$1.30B

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin15.0%16.3%13.2%11.5%15.5%14.7%
EBITDA margin20.2%21.9%19.3%17.7%21.2%20.0%
Net margin5.5%7.3%5.7%4.8%8.4%6.7%
Free cash flow margin9.6%11.4%12.3%8.3%11.1%11.3%
FCF / Net income1.751.572.161.721.321.69
R&D / Revenue------
SG&A / Revenue12.3%12.0%12.1%11.7%10.3%10.8%
Effective tax rate28.2%23.0%24.1%26.1%23.9%28.9%
Return on assets4.3%5.4%4.1%3.3%5.7%4.6%
Return on equity-114.7%773.1%65.5%78.7%129.5%55.9%
Return on invested capital------
Liquidity
Current ratio1.291.261.191.201.321.27
Quick ratio1.241.211.131.161.281.23
Cash ratio0.220.270.140.090.190.13
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage3.8x4.8x4.3x3.9x6.7x6.0x
Equity multiplier-26.85142.7116.0023.7622.6612.28
Liabilities / Assets0.930.880.840.870.860.83
Efficiency
Asset turnover0.780.740.720.690.680.68
Inventory turnover------
Days sales outstanding65d61d60d67d61d58d
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E11.5x13.9x14.1x12.8x12.8x18.6x
P / B-107.8x9.2x10.0x16.6x10.4x
P / S0.6x1.0x0.8x0.6x1.1x1.2x
EV / EBITDA2.9x4.4x4.0x3.4x4.9x6.1x
Growth
Revenue growth (YoY)6.5%5.6%4.6%-0.1%0.6%1.4%
Revenue CAGR (3y)5.5%3.3%1.7%0.6%2.8%-
Revenue CAGR (5y)3.4%2.4%2.5%---
Gross profit growth (YoY)------
Operating income growth (YoY)-2.2%30.4%19.7%-25.5%6.1%3.1%
Net income growth (YoY)-20.2%35.4%23.4%-42.7%26.5%-4.6%
EPS growth (YoY)-8.3%44.6%26.8%-34.3%41.0%19.7%
EPS CAGR (3y)18.9%6.4%5.5%3.5%113.1%22.1%
EPS CAGR (5y)9.3%15.3%51.8%11.0%15.7%38.2%
FCF growth (YoY)-10.6%-1.6%55.1%-25.5%-1.2%-0.1%
FCF CAGR (5y)0.1%2.3%13.7%-1.9%2.6%11.7%
Book value growth (YoY)--88.5%48.3%-5.7%-45.4%-35.1%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$13.64B total
USDialysis And Related Lab Services With Intersegment$11.79B · 86.4%
Other Operating Segments With Intersegment$1.92B · 14.1%
All Other Segments($11.20M) · -0.1%
USDialysis And Related Lab Services($60.96M) · -0.4%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.15
Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

6/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • -Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Services-Misc Health & Allied Services, NEC

CompanyRevenue (last FY)Net marginROE
PGNY$1.29B4.5%11.3%
AGL$5.93B-6.6%-308.8%
VMD$270.28M5.5%10.6%
SHC$1.16B6.7%12.9%
MRAI$18.10M-91.5%50.9%

Comparing DAVITA INC. against the 5 most active filers in the same SIC group.