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DVA

DaVita

Health CareHealth ServicesS&P 500
Ticker DVADENVER, COFiscal year ends DecemberBook value per share $-11.34Diluted shares 67.5M

DaVita Inc. (NYSE: DVA) provides kidney care, primarily through dialysis services for patients with chronic kidney failure and end-stage kidney disease in the United States and internationally. Its U.S. dialysis business includes outpatient and hospital-based hemodialysis, home hemodialysis and peritoneal dialysis,… From the company’s description.

In fiscal 2025, DaVita reported revenue of $13.64B, up 6.5% from fiscal 2024, and net income of $1.08B. Its operating margin was 15.0%, and operations generated $1.89B in cash. Over the twelve months to Jun 30, 2026, revenue was $14.01B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$13.64BFY2025
+6.5% year over year
Last 12 mo $14.01B
14.98%FY2025
−1.3 percentage points
Last 12 mo 15.19%
$1.08BFY2025
−13.8% year over year
Last 12 mo $1.19B
-114.70%FY2025
−887.8 percentage points
Last 12 mo -110.77%
Cash & financing
$1.89BFY2025
−6.7% year over year
Last 12 mo $2.19B
$1.31BFY2025
−10.6% year over year
Last 12 mo $1.61B
-15.78FY2025
Was 77.99× a year earlier
Last 12 mo -14.09
75.9MFY2025
−13.0% year over year
Last 12 mo 67.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What DaVita does

In the company’s own words

DaVita Inc. (NYSE: DVA) provides kidney care, primarily through dialysis services for patients with chronic kidney failure and end-stage kidney disease in the United States and internationally. Its U.S. dialysis business includes outpatient and hospital-based hemodialysis, home hemodialysis and peritoneal dialysis, related laboratory testing, and center management services. The company also provides integrated kidney care and disease management to patients with chronic and end-stage kidney disease through arrangements with health plans and government programs, alongside clinical research, transplant software and kidney-care-focused investments. DaVita reports U.S. dialysis as its largest business, accounting for approximately 86% of consolidated revenue in 2025; its other operations include U.S. integrated kidney care, other ancillary services and international dialysis. At December 31, 2025, DaVita served approximately 200,500 U.S. dialysis patients through 2,657 outpatient centers and operated or provided services to 585 international centers in 14 countries, serving about 94,500 patients. Its website is http://www.davita.com.

Company details
Sector
Health Care
Industry (SIC)
Health Services
Headquarters
DENVER, CO
Fiscal year end
December
CIK
927066
SIC
8090

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.47B$2.95B$7.37B$11.80B$16.22B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns DaVita — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

484
funds hold it
1 of 35
superinvestors hold it
$2.32B
held by funds, at market
18.3%
of shares held by funds
4
bond issues held by funds

Superinvestors in DaVita · what they did last quarter

Warren BuffettDECREASED -4.1%
Berkshire Hathaway
2.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · DaVita’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.01%of fund net assets
Invesco S&P 500 Equal Weight ETF
RSP · Invesco Exchange-Traded Fund Trust
—of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.09%of fund net assets
Neuberger Quality Equity Fund
NBSRX · NEUBERGER BERMAN EQUITY FUNDS
2.93%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

DaVita’s bonds, as funds hold them

Funds report holding 4 issues of DaVita’s debt, $2.29B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.15%, maturing 2030 to 2033.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do DaVita and its peers compare on margins and cash generation over ten years?”
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