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Other financials

Income statement

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Revenue$3.4B+6.0%
Operating income$481.9M+9.8%
Net income$197.5M+21.2%
EPS (diluted)$2.87+43.5%

Balance sheet

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Cash & equivalents$726.4M+38.5%
Total debt$13.3B+6.7%
Total equity-$755.5M-183%
Total assets$17.5B+2.2%

Cash flow

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Operating cash flow$320.8M+78.2%
Free cash flow$218.8M+495%

Valuation

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Market cap$12.04B+31.7%
Enterprise value$24.65B+15.5%
P/E15.4×+4.5×
P/S0.9×+0.2×

Profitability

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Operating margin15.1%-0.7pp
Net margin5.6%-1.0pp
FCF margin10.8%-2.8pp

Returns & leverage

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Return on equity159.1%+80.9pp
Debt / equity103.6×+92.8×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by DaVita in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: DaVita’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 5:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000927066-26-000062
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Other long-term liabilities(4,955)(10,478)
Net cash provided by operating activities320,831180,009
Cash flows from investing activities:
Additions of property and equipment(102,018)(143,258)
Acquisitions(33,924)(10,243)
Proceeds from asset and business sales3,72110,674
Purchase of debt investments held-to-maturity(290)(26,894)
Purchase of other debt and equity investments(9,655)(2,471)

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is DaVita's capex?
DaVita (DVA) reported capex of $102.02M in Q1 2026.
How has DaVita's capex changed year-over-year?
DaVita's capex decreased by 28.8% year-over-year, from $143.26M to $102.02M.
What is the long-term trend for DaVita's capex?
Over 4 years (2021 to 2025), DaVita's capex has grown at a -2.7% compound annual growth rate (CAGR), from $641.47M to $575.86M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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