financial statements

The full income statement, balance sheet, and cash-flow statement for DaVita Inc. (DVA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	13.6B YoY+6.5%	12.8B YoY+5.6%	12.1B YoY+4.6%	11.6B YoY-0.1%	11.6B YoY+0.6%
Selling, general & administrative	1.67B YoY+8.8%	1.54B YoY+4.4%	1.47B YoY+8.8%	1.36B YoY+13.4%	1.20B YoY-4.2%
General & administrative	1.67B YoY+8.8%	1.54B YoY+4.4%	1.47B YoY+8.8%	1.36B YoY+13.4%	1.20B YoY-4.2%
Amortization of intangibles	7.10M YoY-4.9%	7.46M YoY-16.8%	8.97M YoY-21.8%	11.5M YoY-10.8%	12.9M YoY-6.9%
Operating income	2.04B YoY-2.2%	2.09B YoY+30.4%	1.60B YoY+19.7%	1.34B YoY-25.5%	1.80B YoY+6.1%
Other non-operating income	-103M YoY-47.1%	-69.8M YoY-264.0%	-19.2M YoY-21.6%	-15.8M YoY-347.2%	6.38M YoY-61.9%
Equity-method income	33.0M YoY+26.0%	26.2M YoY-6.0%	27.9M YoY+5.1%	26.5M YoY-1.5%	26.9M YoY+0.1%
Pre-tax income	1.35B YoY-12.0%	1.53B YoY+30.0%	1.18B YoY+21.8%	966M YoY-36.4%	1.52B YoY+15.2%
Income tax	293M YoY+4.8%	280M YoY+27.0%	220M YoY+11.1%	198M YoY-35.4%	307M YoY-2.3%
	1.08B YoY-13.8%	1.25B YoY+30.7%	957M YoY+22.4%	782M YoY-35.5%	1.21B YoY+56.6%
Income from continuing operations	722M YoY-22.9%	936M YoY+35.4%	692M YoY+26.4%	547M YoY-44.1%	978M YoY+24.9%
Discontinued operations	25.0M	0.00	0.00 YoY-100.0%	13.5M	0.00 YoY+100.0%
Net income to non-controlling interest	332M YoY+5.6%	314M YoY+18.4%	265M YoY+20.0%	221M YoY-5.2%	233M YoY+5.6%
	$9.84 YoY-8.3%	$10.73 YoY+44.6%	$7.42 YoY+26.8%	$5.85 YoY-34.3%	$8.90 YoY+41.0%
EPS (basic)	$10.06 YoY-8.7%	$11.02 YoY+44.6%	$7.62 YoY+26.4%	$6.03 YoY-35.2%	$9.30 YoY+44.0%
Weighted-avg shares (basic)	74.2M YoY-12.7%	85.0M YoY-6.4%	90.8M YoY-2.4%	93.0M YoY-11.6%	105M YoY-12.2%
Weighted-avg shares (diluted)	75.9M YoY-13.0%	87.3M YoY-6.3%	93.2M YoY-2.8%	95.8M YoY-12.8%	110M YoY-10.3%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	4.06B YoY+8.3%	3.75B YoY+19.4%	3.14B YoY-0.6%	3.16B YoY-0.4%	3.17B YoY+0.6%
Cash & equivalents	676M YoY-14.9%	795M YoY+109.2%	380M YoY+55.7%	244M YoY-47.2%	462M YoY+42.1%
Short-term investments	24.3M YoY-52.4%	51.1M YoY+339.8%	11.6M YoY-85.1%	77.7M YoY+248.2%	22.3M YoY+11.0%
Accounts receivable	2.41B YoY+12.5%	2.15B YoY+8.1%	1.99B YoY-6.8%	2.13B YoY+8.9%	1.96B YoY+7.3%
Inventory	161M YoY+19.4%	135M YoY-6.0%	143M YoY+31.1%	109M YoY+1.6%	107M YoY-3.8%
Prepaid expenses	156M YoY+27.1%	123M YoY+19.8%	103M YoY+30.2%	78.8M YoY+8.7%	72.5M YoY-5.1%
Other current assets	112M YoY+0.0%	112M YoY+0.0%	112M YoY+0.0%	112M YoY+0.0%	112M YoY+0.0%
	17.5B YoY+1.1%	17.3B YoY+2.3%	16.9B YoY-0.2%	16.9B YoY-1.1%	17.1B YoY+0.8%
Property, plant & equipment	2.81B YoY-4.4%	2.94B YoY-4.3%	3.07B YoY-5.6%	3.26B YoY-6.4%	3.48B YoY-1.2%
Operating lease right-of-use	2.40B YoY+0.2%	2.39B YoY-4.3%	2.50B YoY-6.2%	2.67B YoY-5.6%	2.82B YoY-1.3%
Goodwill	7.55B YoY+2.3%	7.38B YoY+3.7%	7.11B YoY+0.5%	7.08B YoY+0.4%	7.05B YoY+1.8%
Intangible assets	222M YoY+12.5%	197M YoY-2.9%	203M YoY+11.2%	183M YoY+2.8%	178M YoY+6.7%
Long-term investments	41.0M YoY+21.7%	33.7M YoY-29.7%	47.9M YoY+8.0%	44.3M YoY-10.5%	49.5M YoY+53.8%
Other non-current assets	247M YoY-5.8%	262M YoY-3.5%	271M YoY-14.0%	316M YoY+130.9%	137M YoY+71.9%
	3.14B YoY+5.7%	2.97B YoY+12.5%	2.64B YoY+0.9%	2.62B YoY+9.2%	2.40B YoY-3.1%
Accounts payable	696M YoY+27.2%	547M YoY+6.3%	515M YoY+7.2%	480M YoY+19.3%	402M YoY-7.4%
Short-term & current debt	122M YoY+0.0%	122M YoY+0.0%	122M YoY+0.0%	122M YoY+0.0%	122M YoY+0.0%
Current lease liability	425M YoY+3.7%	410M YoY+4.1%	394M YoY-0.3%	395M YoY+0.3%	394M YoY+6.7%
Other current liabilities	893M YoY-4.4%	934M YoY+12.7%	829M YoY+3.3%	802M YoY+13.1%	709M YoY-12.5%
	16.3B YoY+7.4%	15.2B YoY+7.4%	14.2B YoY-3.8%	14.7B YoY-0.3%	14.8B YoY+4.7%
Long-term debt	8.50B YoY+0.0%	8.50B YoY+0.0%	8.50B YoY+0.0%	8.50B YoY+0.0%	8.50B YoY+0.0%
Non-current lease liability	2.18B YoY-1.5%	2.21B YoY-5.2%	2.33B YoY-6.9%	2.50B YoY-6.3%	2.67B YoY-2.4%
Deferred tax liabilities	757M YoY+13.8%	665M YoY-8.4%	726M YoY-7.2%	783M YoY-5.8%	831M YoY+2.6%
Other non-current liabilities	83.5M YoY-50.8%	170M YoY-7.4%	183M YoY+74.0%	105M YoY-11.7%	119M YoY-20.6%
	-651M YoY-637.5%	121M YoY-88.5%	1.06B YoY+48.3%	712M YoY-5.7%	756M YoY-45.4%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	69.0K YoY-23.3%	90.0K YoY+1.1%	89.0K YoY-1.1%	90.0K YoY-7.2%	97.0K YoY-11.8%
Additional paid-in capital	0.00 YoY-100.0%	286M YoY-43.8%	510M YoY-16.0%	607M YoY+12.3%	540M YoY-9.5%
Retained earnings	-328M YoY-121.4%	1.53B YoY+156.5%	598M YoY+242.9%	174M YoY-50.8%	354M YoY-58.4%
Treasury stock	200M YoY-85.6%	1.39B	0.00 YoY-100.0%	788M	0.00
Accumulated other comprehensive income	-123M YoY+60.5%	-311M YoY-496.7%	-52.1M YoY+24.7%	-69.2M YoY+50.3%	-139M YoY-110.5%
Non-controlling interest	277M YoY+0.9%	275M YoY+46.2%	188M YoY+14.9%	164M YoY-9.5%	181M YoY-1.4%
Total equity incl. non-controlling	-374M YoY-194.4%	396M YoY-68.2%	1.24B YoY+42.0%	876M YoY-6.4%	936M YoY-40.2%
Total liabilities & equity	17.5B YoY+1.1%	17.3B YoY+2.3%	16.9B YoY-0.2%	16.9B YoY-1.1%	17.1B YoY+0.8%
Common shares issued	68.5M YoY-24.1%	90.4M YoY+1.7%	88.8M YoY-1.8%	90.4M YoY-7.1%	97.3M YoY-11.5%
Common shares outstanding	68.5M YoY-14.9%	80.5M YoY-9.3%	88.8M YoY-1.8%	90.4M YoY-7.1%	97.3M YoY-11.5%
Shares outstanding (cover)	70.6M YoY-13.9%	82.0M YoY-10.2%	91.3M YoY+1.3%	90.1M YoY-11.6%	102M YoY-9.0%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.89B YoY-6.7%	2.02B YoY-1.8%	2.06B YoY+31.6%	1.56B YoY-19.0%	1.93B YoY-2.4%
Depreciation & amortization	708M YoY-1.1%	716M YoY-2.7%	736M YoY+2.1%	721M YoY+8.0%	668M YoY+8.3%
Share-based compensation	140M YoY+36.2%	103M YoY-8.5%	112M YoY+17.8%	95.4M YoY-6.6%	102M YoY+11.8%
Deferred income taxes	86.6M YoY+249.7%	-57.8M YoY-47.0%	-39.4M YoY+48.0%	-75.7M YoY-225.1%	60.5M YoY-74.9%
Change in receivables	211M YoY+607.6%	29.8M YoY+117.3%	-172M YoY-216.2%	148M YoY+7.4%	138M YoY+555.1%
Change in inventory	19.9M YoY+211.2%	-17.9M YoY-155.8%	32.1M YoY+4144.6%	757K YoY+113.2%	-5.72M YoY-146.3%
Change in payables	128M YoY+7451.7%	1.70M YoY-93.7%	26.9M YoY-69.3%	87.5M YoY+388.5%	-30.3M YoY-181.5%
	-655M YoY+15.1%	-771M YoY+0.0%	-772M YoY-22.4%	-630M YoY+19.7%	-785M YoY+4.9%
Capital expenditure	576M YoY+3.7%	555M YoY-2.2%	568M YoY-5.9%	603M YoY-5.9%	641M YoY-4.9%
Acquisitions	117M YoY-52.3%	246M YoY+832.3%	26.4M YoY-53.9%	57.3M	—
	-1.37B YoY-68.3%	-817M YoY+30.2%	-1.17B YoY-4.4%	-1.12B YoY-3.5%	-1.08B YoY+41.4%
Long-term debt issued	5.61B YoY-15.3%	6.62B YoY+168.4%	2.47B YoY+3.1%	2.39B YoY+48.1%	1.62B YoY-60.1%
Common stock repurchased	1.31B YoY-5.6%	1.39B YoY+409.1%	272M YoY-66.1%	802M YoY-47.9%	1.54B YoY+5.5%
Dividends paid	0.00	0.00	0.00	0.00	0.00
Net change in cash	-122M YoY-129.4%	415M YoY+230.4%	126M YoY+158.2%	-216M YoY-506.2%	53.2M YoY+107.5%
Interest paid	515M YoY+21.8%	423M YoY+9.2%	388M YoY+10.4%	351M YoY+25.8%	279M YoY-14.5%
Income taxes paid	177M YoY-54.5%	388M YoY+44.7%	268M YoY-22.2%	344M YoY+64.2%	210M YoY+35.5%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	8.02B YoY-34.6%	12.3B YoY+28.2%	9.56B YoY+42.2%	6.73B YoY-42.0%	11.6B YoY-11.8%
P/E	7.4× YoY-24.2%	9.8× YoY-14.9%	11.5× YoY+54.3%	7.5× YoY-22.0%	9.6× YoY-43.7%
P/S	0.6× YoY-38.6%	1.0× YoY+19.2%	0.8× YoY+37.1%	0.6× YoY-41.3%	1.0× YoY-12.4%
P/B	—	101.2× YoY+1169.4%	8.0× YoY-37.7%	12.8× YoY-16.6%	15.3× YoY+61.5%
P/FCF	6.1× YoY-26.8%	8.4× YoY+14.9%	7.3× YoY+22.9%	5.9× YoY-34.2%	9.0× YoY-10.8%
Earnings yield	13.4% YoY+31.9%	10.2% YoY+17.5%	8.7% YoY-35.2%	13.4% YoY+28.1%	10.5% YoY+77.7%
FCF yield	16.3% YoY+36.6%	12.0% YoY-13.0%	13.7% YoY-18.7%	16.9% YoY+51.9%	11.1% YoY+12.1%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: DVA's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DVA filings on SEC EDGAR → Not investment advice.

DVA▼ financial statements

About this data

financial statements