DVA vs. THC: DaVita vs. Tenet Healthcare Stock Comparison
How do DaVita (DVA) and Tenet Healthcare (THC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
DaVita (DVA) and Tenet Healthcare (THC) both belong to the Health Care Providers & Services industry, though DVA is classified under Health Care Services while THC falls under Health Care Facilities.
| Profile Item | DVA | THC |
|---|---|---|
| Name | DaVita Inc. | Tenet Healthcare Corp. |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services | Health Care Providers & Services |
| GICS Sub-Industry | Health Care Services | Health Care Facilities |
| Market Capitalization | 12.04 billion USD | 22.55 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 31, 1995 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DVA | THC |
|---|---|---|
| Total Return (1Y) | 51.64% | 43.40% |
| Total Return (3Y, Annualized) | 30.54% | 77.47% |
| Total Return (5Y, Annualized) | 11.92% | 29.92% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DVA | THC |
|---|---|---|
| Volatility (1Y, Annualized) | 46.86% | 43.80% |
| Beta (5Y) | 0.85 | 1.17 |
| Max Drawdown (5Y) | -46.98% | -58.88% |
| Avg. Volume (3M) | 713.76K | 768.24K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DVA | THC |
|---|---|---|
| Sharpe Ratio (1Y) | 1.01 | 0.89 |
| Sortino Ratio (1Y) | 1.78 | 1.71 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but DaVita (DVA) at 96.79% is the standout with ROE above its industry range; Tenet Healthcare (THC) at 41.70% also sits in the top quartile.
DVA
Health Care Equipment & Services industry group
96.79%
- DVA
- 96.79%
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
THC
Health Care Equipment & Services industry group
41.70%
- Max
- 47.61%
- THC
- 41.70%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
Tenet Healthcare (THC) at 13.09% retains a top-quartile share of revenue as profit, ahead of DaVita (DVA) at 6.49%, which keeps about the industry-typical share.
DVA
Health Care Equipment & Services industry group
6.49%
- Max
- 29.35%
- Q3
- 9.33%
- DVA
- 6.49%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
THC
Health Care Equipment & Services industry group
13.09%
- Max
- 29.35%
- THC
- 13.09%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Both DaVita (DVA) at 15.46% and Tenet Healthcare (THC) at 19.04% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
DVA
Health Care Equipment & Services industry group
15.46%
- Max
- 35.43%
- DVA
- 15.46%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
THC
Health Care Equipment & Services industry group
19.04%
- Max
- 35.43%
- THC
- 19.04%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | DVA | THC |
|---|---|---|
| ROE (TTM) | 96.79% | 41.70% |
| ROA (TTM) | 7.59% | 8.68% |
| Net Margin (TTM) | 6.49% | 13.09% |
| Operating Margin (TTM) | 15.46% | 19.04% |
| Gross Margin (TTM) | 32.28% | 42.47% |
Growth
Revenue Growth
DaVita (DVA) at 6.46% is around its peer norm for revenue growth, while Tenet Healthcare (THC) at 3.07% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
DaVita (DVA) at -8.29% is around its peer norm for EPS growth, while Tenet Healthcare (THC) at -52.63% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DVA | THC |
|---|---|---|
| Revenue Growth (YoY) | 6.46% | 3.07% |
| Revenue Growth (3Y CAGR) | 5.53% | 3.58% |
| EPS Growth (YoY) | -8.29% | -52.63% |
| EPS Growth (3Y CAGR) | 18.93% | 59.88% |
Financial Strength
Current Ratio (MRQ)
Both DaVita (DVA) at 1.41 and Tenet Healthcare (THC) at 1.59 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
DVA
Health Care Equipment & Services industry group
1.41
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- DVA
- 1.41
- Q1
- 1.37
- Min
- 0.30
THC
Health Care Equipment & Services industry group
1.59
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- THC
- 1.59
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Both balance sheets lean debt-heavy versus peers, but DVA is more stretched: Tenet Healthcare (THC) at 1.38 sits in the higher-leverage quartile and DaVita (DVA) at 11.90 is above its industry benchmark range.
DVA
Health Care Equipment & Services industry group
11.90
- DVA
- 11.90
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
THC
Health Care Equipment & Services industry group
1.38
- Max
- 1.88
- THC
- 1.38
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | DVA | THC |
|---|---|---|
| Current Ratio (MRQ) | 1.41 | 1.59 |
| Debt / Equity (MRQ) | 11.90 | 1.38 |
| Net Debt / EBITDA | 4.51 | 2.06 |
Dividends
Dividend Yield (TTM)
Neither DaVita (DVA) nor Tenet Healthcare (THC) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
DVA
Health Care Equipment & Services industry group
0.00%
- DVA
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
THC
Health Care Equipment & Services industry group
0.00%
- THC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither DaVita (DVA) nor Tenet Healthcare (THC) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
DVA
Health Care Equipment & Services industry group
0.00%
- DVA
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
THC
Health Care Equipment & Services industry group
0.00%
- THC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DVA | THC |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both DaVita (DVA) at 14.49 and Tenet Healthcare (THC) at 8.26 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.
DVA
Health Care Equipment & Services industry group
14.49
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- DVA
- 14.49
- Min
- 4.21
THC
Health Care Equipment & Services industry group
8.26
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- THC
- 8.26
- Min
- 4.21
P/S Ratio (TTM)
Both DaVita (DVA) at 0.85 and Tenet Healthcare (THC) at 1.02 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.
DVA
Health Care Equipment & Services industry group
0.85
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- DVA
- 0.85
- Min
- 0.03
THC
Health Care Equipment & Services industry group
1.02
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- THC
- 1.02
- Min
- 0.03
P/B Ratio (MRQ)
DaVita (DVA) reports a negative P/B ratio of -20.52, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Tenet Healthcare (THC) reports 4.14, ranking against industry peers normally.
DVA
Health Care Equipment & Services industry group
-20.52
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
- DVA
- -20.52
THC
Health Care Equipment & Services industry group
4.14
- Max
- 11.68
- Q3
- 6.12
- THC
- 4.14
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | DVA | THC |
|---|---|---|
| P/E Ratio (TTM) | 14.49 | 8.26 |
| P/S Ratio (TTM) | 0.85 | 1.02 |
| P/B Ratio (MRQ) | -20.52 | 4.14 |
| Free Cash Flow Yield (TTM) | 7.52% | 8.99% |