DaVita Inc. (DVA) Financial Statements (2024 and earlier)
Company Profile
Business Address |
2000 16TH STREET DENVER, CO 80202 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 809 - Miscellaneous Health And Allied Services, Not (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 383 | 447 | 429 | 545 | 493 | 399 | |||
Cash and cash equivalents | 327 | 317 | 244 | 368 | 263 | 328 | |||
Short-term investments | 56 | 129 | 185 | 177 | 231 | 72 | |||
Receivables | 2,367 | 2,382 | 2,551 | 2,493 | 2,635 | 2,502 | |||
Inventory, net of allowances, customer advances and progress billings | 110 | 107 | 109 | 107 | 110 | 108 | |||
Inventory | 110 | 107 | 109 | 107 | 110 | 108 | |||
Other undisclosed current assets | 141 | 104 | 67 | 58 | 27 | 120 | |||
Total current assets: | 3,002 | 3,040 | 3,155 | 3,202 | 3,264 | 3,129 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 2,547 | 2,617 | 2,666 | 2,722 | 2,772 | 2,784 | |||
Property, plant and equipment | 3,158 | 3,216 | 3,256 | 3,240 | 3,305 | 3,439 | |||
Long-term investments and receivables | 639 | 286 | 275 | 287 | 298 | 286 | |||
Long-term investments | 639 | 286 | 275 | 287 | 298 | 286 | |||
Intangible assets, net (including goodwill) | 7,298 | 7,277 | 7,259 | 7,202 | 7,205 | 7,264 | |||
Goodwill | 7,106 | 7,090 | 7,077 | 7,023 | 7,020 | 7,073 | |||
Intangible assets, net (excluding goodwill) | 192 | 187 | 183 | 180 | 185 | 191 | |||
Other noncurrent assets | 314 | 291 | 316 | 308 | 258 | 185 | |||
Total noncurrent assets: | 13,957 | 13,688 | 13,773 | 13,759 | 13,836 | 13,958 | |||
TOTAL ASSETS: | 16,959 | 16,728 | 16,928 | 16,962 | 17,101 | 17,087 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 1,090 | 1,132 | 1,190 | 1,843 | 1,522 | 1,098 | |||
Taxes payable | ✕ | ✕ | ✕ | ✕ | 10 | ✕ | 100 | ||
Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 703 | 560 | 565 | ||
Accounts payable | 428 | 448 | 480 | 417 | 402 | 433 | |||
Accrued liabilities | 662 | 684 | 711 | 713 | 560 | ||||
Debt | 101 | 242 | 231 | 214 | 198 | 186 | |||
Other liabilities | 818 | 797 | 802 | 796 | 753 | 737 | |||
Other undisclosed current liabilities | 394 | 395 | 395 | (316) | (161) | 399 | |||
Total current liabilities: | 2,403 | 2,565 | 2,620 | 2,537 | 2,311 | 2,420 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation, including: | 8,598 | 8,418 | 8,693 | 8,867 | 9,065 | 8,687 | |||
Other undisclosed long-term debt and lease obligation | 8,598 | 8,418 | 8,693 | 6,309 | 6,459 | 6,065 | |||
Liabilities, other than long-term debt | 3,328 | 3,326 | 3,391 | 926 | 958 | 948 | |||
Deferred income tax liabilities | 760 | 771 | 783 | 819 | 852 | 839 | |||
Other liabilities | 183 | 100 | 105 | 107 | 105 | 109 | |||
Operating lease, liability | 2,384 | 2,455 | 2,503 | 2,558 | 2,606 | 2,622 | |||
Other undisclosed noncurrent liabilities | 2,558 | 2,606 | 2,622 | ||||||
Total noncurrent liabilities: | 11,926 | 11,744 | 12,084 | 12,352 | 12,629 | 12,257 | |||
Total liabilities: | 14,329 | 14,309 | 14,703 | 14,889 | 14,940 | 14,678 | |||
Temporary equity, carrying amount | 1,424 | 1,399 | 1,349 | 1,371 | 1,386 | 1,391 | |||
Equity | |||||||||
Equity, attributable to parent | 1,017 | 825 | 712 | 533 | 605 | 844 | |||
Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
Treasury stock, value | (788) | (603) | (233) | ||||||
Additional paid in capital | 556 | 590 | 607 | 609 | 578 | 595 | |||
Accumulated other comprehensive loss | (7) | (55) | (69) | (136) | (112) | (35) | |||
Retained earnings | 469 | 290 | 174 | 847 | 741 | 516 | |||
Equity, attributable to noncontrolling interest | 189 | 194 | 164 | 169 | 170 | 175 | |||
Total equity: | 1,206 | 1,020 | 876 | 702 | 775 | 1,018 | |||
TOTAL LIABILITIES AND EQUITY: | 16,959 | 16,728 | 16,928 | 16,962 | 17,101 | 17,087 |
Income Statement (P&L) ($ in millions)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 3,000 | 2,873 | 2,917 | 2,949 | 2,927 | 2,818 | ||
Cost of revenue | (2,047) | (2,051) | (2,115) | (2,077) | (2,008) | (2,011) | ||
Gross profit: | 953 | 821 | 802 | 872 | 919 | 806 | ||
Operating expenses | (548) | (510) | (546) | (560) | (486) | (468) | ||
Operating income: | 405 | 312 | 256 | 312 | 433 | 338 | ||
Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 1 | 4 | (8) | (5) | (1) | (2) | ||
Interest and debt expense | (104) | (101) | (101) | (100) | (83) | (74) | ||
Income from continuing operations before equity method investments, income taxes: | 303 | 215 | 147 | 207 | 349 | 263 | ||
Income from equity method investments | 27 | 7 | ||||||
Other undisclosed loss from continuing operations before income taxes | (8) | (27) | (7) | |||||
Income from continuing operations before income taxes: | 295 | 215 | 147 | 207 | 349 | 263 | ||
Income tax expense | (49) | (44) | (34) | (43) | (64) | (57) | ||
Income from continuing operations: | 246 | 171 | 113 | 165 | 285 | 206 | ||
Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 165 | 285 | 206 | |
Other undisclosed net income | 13 | |||||||
Net income: | 246 | 171 | 127 | 165 | 285 | 206 | ||
Net loss attributable to noncontrolling interest | (68) | (55) | (59) | (59) | (60) | (44) | ||
Net income available to common stockholders, diluted: | 179 | 116 | 68 | 105 | 225 | 162 |
Comprehensive Income ($ in millions)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net income: | 246 | 171 | 127 | 165 | 285 | 206 | ||
Other comprehensive income (loss) | 48 | 14 | 66 | (24) | (77) | 104 | ||
Comprehensive income: | 294 | 185 | 193 | 141 | 208 | 310 | ||
Comprehensive loss, net of tax, attributable to noncontrolling interest | (68) | (55) | (59) | (59) | (60) | (44) | ||
Comprehensive income, net of tax, attributable to parent: | 227 | 130 | 134 | 82 | 148 | 266 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.