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Stocks / United States / DVA · Services-Misc Health & Allied Services, Nec · NYSE

Davita Inc. (DVA)

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Davita Inc. (DVA) reported revenue of $3.6 billion for Q2 FY2026, the quarter ended 30 June 2026, up 5.2% on the same quarter a year earlier. Net income was $265 million, up 33.1% on the year, and diluted earnings per share $4.02. The figures are the company's own, from the 10-Q it filed with the SEC on 4 August 2026.

Revenue$3.6 billionup 5.2%
Net income$265 millionup 33.1%
Diluted EPS$4.02
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROEn/a
ROCEn/a
Operating margin15.2%
Net margin6.0%
FCF margin11.5%
Interest covern/a
Debt to equityn/a
Cash conversion2.59
Share count, 1 year-13.8%
Sales CAGR, 3 years5.5%
Profit CAGR, 3 years10.0%
EPS, TTM$12.15

At the close of 21 September 2026

Price$182.34
Market cap$11.7 billion
Stock P/E15.01
Price to bookn/a
EV / EBITDA7.65
Dividend yieldn/a
Market cap / sales0.83
52-week high$240.96
52-week low$103.87
Price, 1 year40.1%
Price CAGR, 3 years22.7%
Price CAGR, 5 years8.5%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on the one borrowings figure Davita Inc. files, which has finance leases inside it; operating leases are a separate line. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on DVA

Filings14 in twelve months: 6 current reports (8-K), about 4 results of operations; 2 material agreement; 2 new financial obligation; 1 shareholder vote
Planned insider sales8 Form 144 notices in twelve months, $34.9 million; latest 16 June 2026
Options tapeput/call 0.65 by open interest on 23 September 2026; the straddle prices a 6.9% move to 16 October 2026
Holders10 of the followed funds hold it; largest Berkshire Hathaway; 2 Schedule 13D or 13G filings in twelve months
Insider trading13 sales and 0 purchases on Form 4 in twelve months
Congress2 House trades disclosed in six months
Short interest4.7 million shares short, 8.21 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue3,1213,1463,0713,1873,2643,2953,2243,3803,4203,6203,4163,554
Operating income496390484506535565439538506561482579
Operating margin16%12%16%16%16%17%14%16%15%16%14%16%
Pre-tax income378289372371373414286369309383341435
Tax rate18%20%18%19%21%16%19%25%22%20%19%21%
Net income247151240223215259163199150234198265
Net margin8%5%8%7%7%8%5%6%4%6%6%7%
Diluted EPS$2.62$1.64$2.65$2.50$2.50$3.08$2.00$2.58$2.04$3.22$2.87$4.02
Operating cash flow661485-135799810548180324842541321490
Capital expenditure137159121125139171143121166145102170
Free cash flow524326-25667467137736.8203675395219320
Buybacks0.0272251362408365510284240274196181
Shares outstanding91m89m90m85m83m81m77m74m71m69m64m64m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 10 fiscal years and the trailing twelve months

FY2016 FY2017 FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue10,70710,87711,40511,38811,55111,61911,61012,14012,81613,64314,010
Operating income2,0301,8131,5261,6431,6951,7971,3391,6032,0902,0442,128
Operating margin19.0%16.7%13.4%14.4%14.7%15.5%11.5%13.2%16.3%15.0%15.2%
Interest expense394406462420283267339374435540n/a
Pre-tax income1,6231,4001,0481,1951,3181,5189661,1771,5301,3471,468
Income tax432324258280314307198220280293303
Effective tax rate26.6%23.1%24.6%23.4%23.8%20.2%20.5%18.7%18.3%21.8%20.7%
Net income880664159811774978560692936747847
Net margin8.2%6.1%1.4%7.1%6.7%8.4%4.8%5.7%7.3%5.5%6.0%
Diluted EPS$4.29$3.47$0.92$5.27$6.31$8.90$5.85$7.42$10.73$9.84$12.15
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2016 FY2017 FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow1,9721,9131,7722,0721,9791,9311,5652,0592,0221,8862,193
Capital expenditure829905987767675641603568555576583
Free cash flow1,1431,0087851,3061,3041,2899611,4911,4671,3111,610
Free cash flow margin10.7%9.3%6.9%11.5%11.3%11.1%8.3%12.3%11.4%9.6%11.5%
Depreciation and amortisation495544575601617668721736716708703
Share-based compensation38.335.173.167.891.510295.4112103140132
Buybacks1,0988031,1622,3841,4581,5398022721,3861,308892
Dividends paidn/an/a0.00.00.00.00.00.00.00.0n/a
Diluted shares, weighted205m191m172m154m123m110m96m93m87m76m66m
Shares outstanding at period end195m182m166m126m110m97m90m89m81m69m64m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2016 FY2017 FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Total assets18,74118,94819,11017,31116,98917,12116,92816,89417,28517,48017,709
Cash and equivalents6755083231,102325462244380795676669
Receivables1,5041,7151,8591,7961,8241,9582,1321,9872,1472,4152,467
Inventory16018210797.9112107109143135161152
Goodwill6,0156,6106,8426,7886,9197,0467,0777,1137,3757,5457,591
Long-term debt including finance leases8,9479,1588,1737,9787,9178,7298,6938,2689,17610,16410,664
Borrowings, as the company tags them9,1929,40010,1548,1818,1648,9658,9698,4469,51110,34510,848
Operating lease liabilitiesn/an/a0.02,7242,7392,6732,5032,3302,2102,1762,186
Shareholders' equity4,6484,6903,7032,1331,3847567121,056121-651-765
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a3.4%5.5%6.4%
Profit growth, compoundedn/a-0.7%10.0%1.3%
Return on equity, average130.9%261.7%419.3%n/a

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Filings

FilingPeriodFiledWhere
10-Q30 June 20264 August 2026EDGAR
10-Q31 March 20265 May 2026EDGAR
10-K31 December 202511 February 2026EDGAR
10-Q30 September 202529 October 2025EDGAR
10-Q30 June 20255 August 2025EDGAR
10-Q31 March 202512 May 2025EDGAR
10-K31 December 202413 February 2025EDGAR
10-Q30 September 202429 October 2024EDGAR
10-Q30 June 20246 August 2024EDGAR
10-Q31 March 20242 May 2024EDGAR

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