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NYSE · Healthcare

DAVITA INC. (DVA)

As-reported financials and SEC filings for DAVITA INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About DAVITA INC.

DaVita Inc. is a healthcare company that provides kidney care services, including dialysis treatment for patients with chronic kidney failure and end stage renal disease. It operates dialysis centers in the United States and internationally, serving patients in various care settings such as outpatient centers, hospitals, skilled nursing facilities, and home care. The company also offers integrated kidney care and disease management services through value-based care arrangements to improve patient outcomes and coordinate treatment.

Snapshot

Revenue
$13.64B
Revenue growth (YoY)
6.5%
Net income
$746.8M
Diluted EPS
$9.84
Gross margin
Operating margin
15.0%
Net margin
5.5%
FCF margin
9.6%
ROE
net income / fiscal-year-end equity
P/E
15.3×
trailing when available, otherwise FY EPS
Market cap
$11.23B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Davita

  • Revenue grew 6.5% to $13.6B in FY2025, in line with the 5.6% the year before.
  • Operating margin is 15.0% in FY2025, -0.5 pp against 15.5% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $3.6B, up 5.2% from Q2 FY2025.
  • Free cash flow was $1.3B in FY2025, 9.6% of revenue.
  • Net income fell 20.2% to $747M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Davita’s fundamentals sit among the 558 Healthcare companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin15.0%
79th percentile of 399
Net margin5.5%
64th percentile of 418
FCF margin9.6%
66th percentile of 372
Revenue growth (YoY)+6.5%
42nd percentile of 538
P/E15.3×
31st percentile of 201
Short interest2.65d
28th percentile of 557

No reported insider purchases (code P) in the last 90 days; 5 insider sales totaling $54.3M. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
3
+6 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
7
6 trimmed, 1 exited
Combined position
$6.80B
reported long value
InvestorAs ofPosition valueSharesChange
Berkshire HathawayQ2 2026$6.43B28.9MReduced
D. E. ShawquantQ2 2026$142.6M640.8KAdded
AQR Capital ManagementquantQ2 2026$128.1M587.8KAdded
Citadel AdvisorsquantQ2 2026$44.5M199.9KReduced
Gotham Asset ManagementQ2 2026$36.4M163.6KReduced
Millennium ManagementquantQ2 2026$17.2M77.1KAdded
Two Sigma InvestmentsquantQ2 2026$4.5M20.2KReduced
Bridgewater AssociatesQ2 2026$2.4M11.0KReduced
Renaissance TechnologiesquantQ2 2026$1.4M6.4KReduced

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
5
$54.3M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-31
filed 2026-08-04
BERKSHIRE HATHAWAY INC10% ownerSell183.0K$199.55$36.5M
2026-06-16
filed 2026-06-17
Rodriguez JavierChief Executive OfficerSell39.4K$209.28$8.2M
2026-06-15
filed 2026-06-17
Rodriguez JavierChief Executive OfficerSell30.0K$209.50$6.3M
2026-06-15
filed 2026-06-17
Waters Kathleen AlyceChief Legal & Pub. Affairs OffSell8.9K$207.84$1.9M
2026-06-15
filed 2026-06-17
Waters Kathleen AlyceChief Legal & Pub. Affairs OffSell6.5K$209.17$1.4M
2026-05-15
filed 2026-05-18
HEARTY JAMES OChief Compliance OfficerSell15.0K$193.98$2.9M
2026-05-12
filed 2026-05-13
Maughan David PaulChief Operating Officer, DKCSell13.5K$199.25$2.7M
2026-05-11
filed 2026-05-13
Maughan David PaulChief Operating Officer, DKCSell7.1K$199.15$1.4M
2026-05-07
filed 2026-05-11
ACKERMAN JOELCFO and TreasurerSell51.5K$192.10$9.9M
2026-05-06
filed 2026-05-08
HEARTY JAMES OChief Compliance OfficerSell2.2K$174.87$382K
2026-05-01
filed 2026-05-05
BERKSHIRE HATHAWAY INC10% ownerSell1.2M$149.84$182.9M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
4.0M
settled 2026-08-14
Change vs prior
-6.6%
vs previous settlement
Days to cover
2.65
at avg daily volume
Avg daily volume
1.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-144.0M-6.6%2.65
2026-07-314.3M-4.7%7.51
2026-07-154.5M-0.9%5.67
2026-06-304.5M-1.9%4.97
2026-06-154.6M-4.7%5.97
2026-05-294.9M-14.5%5.63
2026-05-155.7M-9.1%4.45
2026-04-306.3M+5.7%10.35

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$13.64B$12.82B$12.14B$11.61B$11.62B
Gross profit
Operating income$2.04B$2.09B$1.60B$1.34B$1.80B
Net income$746.8M$936.3M$691.5M$560.4M$978.5M
Diluted EPS$9.84$10.73$7.42$5.85$8.90

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.89B$2.02B$2.06B$1.56B$1.93B
Capital expenditure$575.9M$555.4M$568.0M$603.4M$641.5M
Free cash flow$1.31B$1.47B$1.49B$961.1M$1.29B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$3.55B5.2%$265.4M$4.02
Q1 FY2026$3.42B6.0%$197.5M$2.87
Q4 FY2025$3.62B9.9%$234.2M$3.29
Q3 FY2025$3.42B4.8%$150.3M$2.04
Q2 FY2025$3.38B6.1%$199.3M$2.58
Q1 FY2025$3.22B5.0%$162.9M$2.00
Q4 FY2024$3.29B4.7%$259.3M$3.09
Q3 FY2024$3.26B4.6%$214.7M$2.50

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryServices-Misc Health & Allied Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2016
SEC CIK927066

Selected SEC filings

10-Q2026-08-04
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-06-08
View on EDGAR →
8-K2026-05-05
View on EDGAR →

Largest Healthcare peers

All Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.