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DaVita DVA Free cash flow margin

Free cash flow margin at other companies

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UnitedHealth GroupUNH
4.4%-1.7pp
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3%-2.4pp
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BrightSpring Health Services, Inc.BTSG
3%
IQVIA logo
IQVIAIQV
12.7%-1.2pp
Centene logo
CenteneCNC
3.6%+2.7pp

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%
CapEx$102.0M-28.8%
Free cash flow$218.8M+495%

Valuation

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Market cap$13.34B-16.0%
Enterprise value$25.95B-5.5%
P/E17.1×-1.4×
P/S-0.3×

Profitability

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Operating margin15.1%-0.7pp
Net margin5.6%-1.0pp

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

Calculated from DaVita’s reported figures.

Based on trailing twelve months.

The official record: DaVita’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DaVita's free cash flow margin?
DaVita (DVA) reported free cash flow margin of 10.8% in Q1 2026.
How has DaVita's free cash flow margin changed year-over-year?
DaVita's free cash flow margin decreased by 20.5% year-over-year, from 13.6% to 10.8%.
What is the long-term trend for DaVita's free cash flow margin?
Over 5 years (2020 to 2025), DaVita's free cash flow margin has grown at a -3.2% compound annual growth rate (CAGR), from 11.3% to 9.6%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.