DaVita (DVA) Stock Analysis

November 11, 2026

This is a peer-relative look at DaVita (DVA): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Health Care Equipment & Services peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for DaVita (DVA)
Profile Item	DVA
Name	DaVita Inc.
Country/Region	United States
GICS Sector	Health Care
GICS Industry Group	Health Care Equipment & Services
GICS Industry	Health Care Providers & Services
GICS Sub-Industry	Health Care Services
Market Capitalization	12.04 billion USD
Currency	USD
Exchange	NYSE
Listing Date	October 31, 1995
Security Type	Common Stock

Price Performance

Cumulative Growth

DVA

GSPC

DaVita (DVA) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for DaVita (DVA) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for DaVita (DVA) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

DaVita (DVA) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: DVA	Industry group median
Total Return (1Y)	51.64%	21.53%
Total Return (3Y, Annualized)	30.54%	9.81%
Total Return (5Y, Annualized)	11.92%	-2.76%

Risk Profile

Drawdown History

DVA

GSPC

DaVita (DVA) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for DaVita (DVA) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

DaVita (DVA) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: DVA	Industry group median
Volatility (1Y, Annualized)	46.86%	50.93%
Beta (5Y)	0.85	0.85
Max Drawdown (5Y)	-46.98%	-70.34%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. DVA is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

DaVita (DVA) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: DVA	Industry group median
Sharpe Ratio (1Y)	1.01	0.34
Sortino Ratio (1Y)	1.78	0.54

Profitability

ROE (TTM)

DaVita (DVA) posts ROE of 96.79%, above the industry benchmark range. Equity is being turned into profit at an exceptional rate, but very high ROE should still be checked against leverage, buybacks, and the size of the equity base.

DVA

Health Care Equipment & Services industry group

96.79%

Group distribution

DVA: 96.79%
Max: 47.61%
Q3: 14.36%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Largest peers

DVA: 96.79%
ISRG: 17.93%
SYK: 16.02%
UNH: 15.77%
MDT: 10.65%
ABT: 9.14%
MCK: --

Where DaVita (DVA) stands on ROE within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

DaVita (DVA) keeps 6.49% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

DVA

Health Care Equipment & Services industry group

6.49%

Group distribution

Max: 29.35%
Q3: 9.33%
DVA: 6.49%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Largest peers

ISRG: 25.54%
MDT: 13.93%
SYK: 13.78%
ABT: 9.75%
DVA: 6.49%
UNH: 3.53%
MCK: 1.12%

Where DaVita (DVA) stands on net margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

DaVita (DVA) turns 15.46% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

DVA

Health Care Equipment & Services industry group

15.46%

Group distribution

Max: 35.43%
DVA: 15.46%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

Largest peers

ISRG: 33.29%
SYK: 22.96%
MDT: 19.33%
DVA: 15.46%
ABT: 11.66%
UNH: 5.82%
MCK: 1.48%

Where DaVita (DVA) stands on operating margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

DaVita (DVA) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: DVA	Industry group median
ROE (TTM)	96.79%	5.45%
ROA (TTM)	7.59%	3.17%
Net Margin (TTM)	6.49%	2.18%
Operating Margin (TTM)	15.46%	6.81%
Gross Margin (TTM)	32.28%	55.21%

Growth

Revenue Growth

DaVita (DVA) grew revenue 6.46%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

DaVita (DVA): Revenue Growth across different time periods, set against Health Care Equipment & Services industry-group medians.

EPS Growth

DaVita (DVA) grew earnings per share -8.29%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

DaVita (DVA): EPS Growth across different time periods, set against Health Care Equipment & Services industry-group medians.

Growth Metrics

DaVita (DVA) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: DVA	Industry group median
Revenue Growth (YoY)	6.46%	11.55%
Revenue Growth (3Y CAGR)	5.53%	10.83%
EPS Growth (YoY)	-8.29%	4.88%
EPS Growth (3Y CAGR)	18.93%	14.59%

Financial Strength

Current Ratio (MRQ)

DaVita (DVA) has current ratio of 1.41, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

DVA

Health Care Equipment & Services industry group

1.41

Group distribution

Max: 7.59
Q3: 4.00
Median: 1.98
DVA: 1.41
Q1: 1.37
Min: 0.30

Largest peers

ISRG: 3.33
SYK: 2.18
MDT: 2.07
ABT: 1.46
DVA: 1.41
MCK: 0.90
UNH: 0.74

Where DaVita (DVA) stands on current ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

DaVita (DVA) has debt-to-equity ratio of 11.90, above the industry benchmark range. Debt sits unusually high against shareholders’ equity, leaving the balance sheet more exposed to rate, refinancing, or earnings shocks.

DVA

Health Care Equipment & Services industry group

11.90

Group distribution

DVA: 11.90
Max: 1.88
Q3: 0.91
Median: 0.58
Q1: 0.16
Min: 0.00

Largest peers

DVA: 11.90
UNH: 0.70
SYK: 0.66
ABT: 0.61
MDT: 0.55
ISRG: --
MCK: --

Where DaVita (DVA) stands on debt-to-equity ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

DaVita (DVA) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: DVA	Industry group median
Current Ratio (MRQ)	1.41	1.98
Debt / Equity (MRQ)	11.90	0.58
Net Debt / EBITDA	4.51	2.04

Dividends

Dividend Yield (TTM)

DaVita (DVA) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

DVA

Health Care Equipment & Services industry group

0.00%

Group distribution

DVA: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

MDT: 2.72%
UNH: 2.29%
ABT: 2.22%
SYK: 1.05%
MCK: 0.32%
DVA: 0.00%
ISRG: 0.00%

Where DaVita (DVA) stands on dividend yield within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

DaVita (DVA) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.

DVA

Health Care Equipment & Services industry group

0.00%

Group distribution

DVA: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

ABT: 92.54%
MDT: 70.02%
UNH: 51.71%
SYK: 37.49%
MCK: 8.77%
DVA: 0.00%
ISRG: 0.00%

Where DaVita (DVA) stands on payout ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

DaVita (DVA) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: DVA	Industry group median
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

DaVita (DVA) trades at P/E ratio of 14.49, in the cheaper earnings-multiple quartile for its industry. Investors are paying less for each dollar of TTM earnings than they usually pay for comparable businesses.

DVA

Health Care Equipment & Services industry group

14.49

Group distribution

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
DVA: 14.49
Min: 4.21

Largest peers

ISRG: 54.75
ABT: 41.02
SYK: 34.70
MCK: 27.36
MDT: 25.01
UNH: 22.50
DVA: 14.49

Where DaVita (DVA) stands on P/E ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

DaVita (DVA) trades at 0.85 on P/S ratio, in the lower sales-valuation quartile for its industry. That points to a cheaper revenue stream than most peers, with margin quality still doing the heavy lifting.

DVA

Health Care Equipment & Services industry group

0.85

Group distribution

Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
DVA: 0.85
Min: 0.03

Largest peers

ISRG: 13.82
SYK: 4.72
ABT: 3.95
MDT: 3.47
DVA: 0.85
UNH: 0.78
MCK: 0.29

Where DaVita (DVA) stands on P/S ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

DaVita (DVA) has negative P/B ratio of -20.52, which means reported book equity is negative. Price-to-book breaks down in this situation and should not be used as a valuation signal.

DVA

Health Care Equipment & Services industry group

-20.52

Group distribution

Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
Min: -1.31
DVA: -20.52

Largest peers

ISRG: 9.82
SYK: 5.29
ABT: 3.73
UNH: 3.60
MDT: 2.59
DVA: -20.52
MCK: -30.85

Where DaVita (DVA) stands on P/B ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

DaVita (DVA) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: DVA	Industry group median
P/E Ratio (TTM)	14.49	29.93
P/S Ratio (TTM)	0.85	2.13
P/B Ratio (MRQ)	-20.52	3.00
Free Cash Flow Yield (TTM)	7.52%	3.50%