Davita (DVA) Q4 FY2024 earnings: revenue $3.3 billion, up 4.7% on the year
Davita Inc. (DVA) reported revenue of $3.3 billion for Q4 FY2024, the quarter ended 31 December 2024, up 4.7% on the same quarter a year earlier. Net income was $259 million, up 72.1% on the year, and diluted earnings per share $3.09. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2025.
Revenue
$3.3 billion
+4.7% on the year · +1.0% on the quarter
Q1 FY2023Q4 FY2024
Operating margin
17.2%
12.4% a year earlier
Q1 FY2023Q4 FY2024
Net income
$259 million
+72.1% on the year · +20.8% on the quarter
Q1 FY2023Q4 FY2024
Diluted EPS
$3.09
+90.7% on the year · +23.6% on the quarter
Q1 FY2023Q4 FY2024
this quarterthe same quarter a year earlierHover a bar for its figure.
Income statement (profit and loss)
$ million
Q4 FY2024
Q3 FY2024
Q4 FY2023
On the quarter
On the year
Last 8 quarters
Revenue
3,295
3,264
3,146
+1.0%
+4.7%
Operating income
565
535
390
+5.7%
+45.0%
Operating margin
17.2%
16.4%
12.4%
Pre-tax income
414
373
289
+10.8%
+43.1%
Income tax
64.5
77.7
58.5
-17.0%
+10.2%
Effective tax rate
15.6%
20.8%
20.2%
Net income
259
215
151
+20.8%
+72.1%
Net margin
7.9%
6.6%
4.8%
Diluted EPS
$3.09
$2.50
$1.62
+23.6%
+90.7%
$ million except per share. Read moreFourth quarters are the year less the first three 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.
Cash flow
$ million
Q4 FY2024
Q3 FY2024
Q4 FY2023
On the quarter
On the year
Last 8 quarters
Operating cash flow
548
810
485
-32.4%
+12.9%
Capital expenditure
171
139
159
+22.7%
+7.3%
Free cash flow
377
671
326
-43.8%
+15.6%
Free cash flow margin
11.4%
20.6%
10.4%
Cash from investing
-248
-146
-168
Cash from financing
-565
-7.9
-403
Depreciation and amortisation
167
187
186
-10.9%
-10.6%
Share-based compensation
27.4
26.6
30.1
+3.1%
-8.9%
Buybacks
365
408
272
-10.4%
+34.2%
Dividends paid
0.0
0.0
0.0
Diluted shares, weighted
84m
86m
93m
-2.3%
-9.6%
Shares outstanding at period end
81m
83m
89m
-2.5%
-9.3%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q4 FY2024
Q3 FY2024
Q4 FY2023
On the quarter
On the year
Last 8 quarters
Shareholders' equity
121
387
1,056
-68.7%
-88.5%
Non-controlling interest
275
200
188
+37.4%
+46.2%
Redeemable equity
1,695
1,633
1,499
+3.8%
+13.1%
Debt
9,447
9,557
8,392
-1.1%
+12.6%
Operating lease liabilities
2,210
2,237
2,330
-1.2%
-5.2%
Other liabilities
3,537
3,490
3,428
+1.4%
+3.2%
Total liabilities and equity
17,285
17,504
16,894
-1.2%
+2.3%
Fixed assets
2,941
2,940
3,074
+0.0%
-4.3%
Goodwill
7,375
7,228
7,113
+2.0%
+3.7%
Intangible assets
197
198
203
-0.2%
-2.9%
Investments
84.7
54.8
59.5
+54.5%
+42.4%
Cash and equivalents
795
1,071
380
-25.8%
+109.2%
Receivables
2,147
2,267
1,987
-5.3%
+8.1%
Inventory
135
129
143
+4.3%
-6.0%
Other assets
3,611
3,617
3,935
-0.2%
-8.2%
Total assets
17,285
17,504
16,894
-1.2%
+2.3%
Questions
What was Davita's revenue in Q4 FY2024?
Davita (DVA) reported revenue of $3.3 billion for Q4 FY2024, the quarter ended 31 December 2024, up 4.7% on the same quarter a year earlier.
How much did Davita earn in Q4 FY2024?
Net income for Q4 FY2024 was $259 million, up 72.1% on the year, and diluted earnings per share $3.09.
When did Davita report Q4 FY2024 results?
Davita filed its 10-K for the year that ended with the quarter on 13 February 2025; the fourth quarter is the year less the first three.
Each quarter as filed, linked to its filing. Read more* 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. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. 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.
10-K for the period ended 31 December 2024, filed 13 February 2025: the filing.