Davita Inc. balance sheet DVA

Annual Quarterly

As of Sep 30, 2026, Davita Inc. had total assets of $17.8 billion and total liabilities of $16.7 billion. Total assets were up 1.5% from a year earlier. Stockholders' equity was negative, at -$591.1 million, because liabilities exceed assets. It held $604.7 million in cash and investments against $13.3 billion of total debt, net debt of $12.7 billion. The current ratio, current assets divided by current liabilities, was 1.41.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Assets
Cash	496 -29.8%	676 -14.9%	795 +109.2%	380 +55.7%	244 -47.2%	462 +42.1%	325 -70.5%	1,102 +241.3%	323 -36.4%	508 -24.7%	675 -45.8%
Short-term investments	71 +131.5%	24 -52.4%	51 +339.8%	12 -85.1%	78 +248.2%	22 +11.0%	20 +73.7%	12 +294.3%	3 -91.1%	33 -89.3%	307 -24.8%
Long-term investments	38 -4.4%	41 +21.7%	34 -29.7%	48 +8.0%	44 -10.5%	50 +53.8%	32 -11.8%	37 +3.1%	35 -6.0%	38 +25.7%	30 -66.3%
Cash and investments	605 -22.1%	742 -15.7%	880 +100.1%	440 +20.1%	366 -31.4%	534 +41.5%	377 -67.2%	1,150 +218.3%	361 -37.6%	579 -42.8%	1,012 -41.9%
Receivables	2,509 +7.5%	2,415 +12.5%	2,147 +8.1%	1,987 -6.8%	2,132 +8.9%	1,958 +7.3%	1,824 +1.6%	1,796 -3.4%	1,859 +8.4%	1,715 +14.0%	1,504 -12.8%
Inventory	161 +16.1%	161 +19.4%	135 -6.0%	143 +31.1%	109 +1.6%	107 -3.8%	112 +14.0%	98 -8.8%	107 -40.9%	182 +13.3%	160 -13.6%
Total current assets	4,075 -0.9%	4,058 +8.3%	3,746 +19.4%	3,138 -0.6%	3,155 -0.4%	3,168 +0.6%	3,149 -14.7%	3,690 -56.2%	8,424 -4.0%	8,771 +119.6%	3,995 -11.3%
Property and equipment, net	2,731 -4.3%	2,813 -4.4%	2,941 -4.3%	3,074 -5.6%	3,256 -6.4%	3,480 -1.2%	3,522 +1.4%	3,473 +2.3%	3,394 +7.8%	3,149 +10.0%	2,864 +2.7%
Goodwill	7,548 +0.1%	7,545 +2.3%	7,375 +3.7%	7,113 +0.5%	7,077 +0.4%	7,046 +1.8%	6,919 +1.9%	6,788 -0.8%	6,842 +3.5%	6,610 +9.9%	6,015 +2.0%
Total assets	17,817 +1.5%	17,480 +1.1%	17,285 +2.3%	16,894 -0.2%	16,928 -1.1%	17,121 +0.8%	16,989 -1.9%	17,311 -9.4%	19,110 +0.7%	18,975 +1.2%	18,756 +1.3%
Liabilities and equity
Accounts payable	662 +1.0%	696 +27.2%	547 +6.3%	515 +7.2%	480 +19.3%	402 -7.4%	434 +7.5%	404 -12.8%	463 -9.0%	509 +11.5%	457 -11.2%
Total current liabilities	2,887 -4.3%	3,142 +5.7%	2,973 +12.5%	2,642 +0.9%	2,620 +9.2%	2,399 -3.1%	2,476 +4.4%	2,372 -51.5%	4,891 +59.5%	3,068 +13.2%	2,711 +13.0%
Total liabilities	16,691 +2.9%	16,322 +7.4%	15,194 +7.4%	14,150 -3.8%	14,703 -0.3%	14,751 +4.7%	14,092 +2.0%	13,812 -1.9%	14,077 +7.6%	13,077 +1.1%	12,933 +2.9%
Stockholders' equity	-591 -3.4%	-651 -637.5%	121 -88.5%	1,056 +48.3%	712 -5.7%	756 -45.4%	1,384 -35.1%	2,133 -42.4%	3,703 -21.0%	4,690 +0.9%	4,648 -4.6%
Debt
Debt due within a year	10,657 +4.6%	9,979 +11.4%	8,960 +11.8%	8,013 -4.8%	8,419 -3.6%	8,729 +14.2%	7,643 -0.9%	7,709 -5.7%	8,173 -10.8%	9,158 +2.4%	8,945 -0.6%
Lease liabilities	2,623 +3.6%	2,786 -1.8%	2,836 -4.8%	2,980 -6.0%	3,172 +3.4%	3,067 -9.3%	3,382 +1.4%	3,336	—	—	—
Total debt	13,280 +4.4%	12,765 +8.2%	11,796 +7.3%	10,993 -5.2%	11,591 -1.7%	11,796 +7.0%	11,025 -0.2%	11,045 +35.1%	8,173 -10.8%	9,158 +2.4%	8,945 -0.6%
Net cash	-12,675 -6.2%	-12,023 -10.1%	-10,916 -3.4%	-10,554 +6.0%	-11,225 +0.3%	-11,262 -5.8%	-10,648 -7.6%	-9,895 -26.7%	-7,811 +8.9%	-8,579 -8.1%	-7,933 -9.3%
Ratios
Current ratio	1.41x	1.29x	1.26x	1.19x	1.20x	1.32x	1.27x	1.56x	1.72x	2.86x	1.47x
Debt to equity	—	—	97.39x	10.41x	16.27x	15.61x	7.97x	5.18x	2.21x	1.95x	1.92x
Debt to EBITDA	4.71x	4.63x	4.19x	4.68x	5.60x	4.76x	4.74x	4.89x	3.86x	3.86x	3.52x
Return on equity	—	—	773.06%	65.48%	78.67%	129.51%	55.92%	38.01%	4.30%	14.15%	18.93%
Return on assets	5.16%	4.27%	5.42%	4.09%	3.31%	5.71%	4.55%	4.68%	0.83%	3.50%	4.69%
Book value per share	-9.32	-9.50	1.50	11.89	7.88	7.77	12.59	16.95	22.26	25.70	23.89

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry: Services-Misc Health & Allied Services, NEC (SIC 8090)
Listed as: DVA (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Denver, CO
SEC filer status: Large accelerated filer
SEC CIK: 927066
Former names: DAVITA HEALTHCARE PARTNERS INC. (until Aug 12, 2016); DAVITA INC (until Nov 2, 2012); TOTAL RENAL CARE HOLDINGS INC (until Jan 28, 2000)

Other Services-Misc Health & Allied Services, NEC companies

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.