DaVita/$DVA

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About DaVita

DaVita is one of the largest providers of dialysis services in the United States, boasting a market share of about 35%. The firm operates over 3,200 facilities worldwide, mostly in the US, and treats about 300,000 patients annually. Government payers dominate US dialysis reimbursement. DaVita receives about two-thirds of US sales at government (primarily Medicare) reimbursement rates, with the remainder coming from commercial insurers. While commercial insurers represent only about 10% of US patients treated, they represent nearly all of the profits generated by DaVita in the US dialysis business.
Ticker
$DVA
Sector
Health
Primary listing
NYSE
Employees
78,000

DaVita Metrics

BasicAdvanced
$12B
15.12
$12.11
0.87
-

What the Analysts think about DaVita

Analyst ratings (Buy, Hold, Sell) for DaVita stock.
Analyst projections of the future price of DaVita stock.

Bulls say / Bears say

DaVita’s Q2 treatment growth reached 56 basis points, helped by lower patient mortality, and management now expects 2026 volume growth near the top of its previous range. Better survival can support recurring treatment volumes without relying solely on price increases. (The Motley Fool, DaVita Investor Relations)
Integrated Kidney Care delivered $40 million of adjusted operating income in Q2 and now manages about $5.8 billion of annualised medical spending. Management expects the platform to add roughly $20 million to full-year enterprise adjusted operating income, with further benefit from the timing of revenue recognition in Q4. (The Motley Fool, StockTitan)
DaVita plans to roll out expanded haemodialysis across its network after the MOTheR trial found it non-inferior to haemodiafiltration on mortality and major cardiovascular events. The near-term financial effect is limited, but a future mortality benefit could strengthen volumes and economics from 2028 onwards. (The Motley Fool)
DaVita’s revenue per treatment fell by about $2 sequentially as the commercial payer mix weakened after enhanced ACA subsidies expired. Management expects about a $40 million profit headwind in 2026 and a $70 million headwind in 2027, because new patients are also arriving with less commercial coverage. (The Motley Fool, DaVita Investor Relations)
The proposed 2027 ESRD payment update is below industry cost trends, according to management, leaving Medicare reimbursement at risk of squeezing margins. Phosphate binders moving into the bundled payment also reduced revenue per treatment, although DaVita supports the policy clinically. (The Motley Fool, DaVita Investor Relations)
Cost and balance-sheet pressure could limit upside from operational improvements: DaVita expects 2026 cost per treatment to rise by 1.25% to 2.25%, while leverage was 3.37 times EBITDA after issuing $500 million of incremental debt. Quarterly debt expense was $152 million, leaving less flexibility if payer pressure or Integrated Kidney Care results worsen. (The Motley Fool, StockTitan)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.

DaVita Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

DaVita Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

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