Davita (DVA) FY2024 results: revenue $12.8 billion, up 5.6% on the year
Davita Inc. (DVA) reported revenue of $12.8 billion for fiscal 2024, the year ended 31 December 2024, up 5.6% on the year before. Net income was $936 million, up 35.4%, and diluted earnings per share $10.73. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2025.
Revenue
$12.8 billion
+5.6% on the year
FY2017FY2024
Operating margin
16.3%
13.2% a year earlier
FY2017FY2024
Net income
$936 million
+35.4% on the year
FY2017FY2024
Diluted EPS
$10.73
+44.6% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree 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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,022
2,059
1,565
-1.8%
Capital expenditure
555
568
603
-2.2%
Free cash flow
1,467
1,491
961
-1.6%
Free cash flow margin
11.4%
12.3%
8.3%
Cash from investing
-771
-772
-630
Cash from financing
-817
-1,170
-1,121
Depreciation and amortisation
716
736
721
-2.7%
Share-based compensation
103
112
95.4
-8.5%
Buybacks
1,386
272
802
+409.1%
Dividends paid
0.0
0.0
0.0
Diluted shares, weighted
87m
93m
96m
-6.3%
Shares outstanding at period end
81m
89m
90m
-9.3%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
121
1,056
712
-88.5%
Non-controlling interest
275
188
164
+46.2%
Redeemable equity
1,695
1,499
1,349
+13.1%
Debt
9,447
8,392
8,924
+12.6%
Operating lease liabilities
2,210
2,330
2,503
-5.2%
Other liabilities
3,537
3,428
3,276
+3.2%
Total liabilities and equity
17,285
16,894
16,928
+2.3%
Fixed assets
2,941
3,074
3,256
-4.3%
Goodwill
7,375
7,113
7,077
+3.7%
Intangible assets
197
203
183
-2.9%
Investments
84.7
59.5
122
+42.4%
Cash and equivalents
795
380
244
+109.2%
Receivables
2,147
1,987
2,132
+8.1%
Inventory
135
143
109
-6.0%
Other assets
3,611
3,935
3,805
-8.2%
Total assets
17,285
16,894
16,928
+2.3%
10-K for the year ended 31 December 2024, filed 13 February 2025: the filing.