← DAVITA INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $879.9m |
$663.6m
-24.58%
|
$159.4m
-75.98%
|
$811.0m
+408.79%
|
$773.6m
-4.60%
|
$978.5m
+26.47%
|
$560.4m
-42.73%
|
$691.5m
+23.40%
|
$936.3m
+35.40%
|
$746.8m
-20.24%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $1.0b | $830.6m | $333.0m | $1.0b | $994.7m | $1.2b | $781.6m | $957.0m | $1.3b | $1.1b | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $153.2m | $166.9m | $173.6m | $210.3m | $221.0m | $233.3m | $221.2m | $265.4m | $314.4m | $331.9m | — | |
| Depreciation, Depletion and Amortization | $545.7m | $544.1m | $574.8m | $600.9m | $616.6m | $667.8m | $721.1m | $736.5m | $716.4m | $708.3m | $709.8m | |
| Amortization of Debt Issuance Costs | $20.1m | $24.3m | $25.5m | $24.2m | $21.2m | $18.2m | $17.8m | $24.6m | $35.3m | $40.0m | — | |
| Amortization of Intangible Assets | $174.5m | $15.8m | $16.2m | $14.2m | $13.8m | $12.9m | $11.5m | $9.0m | $7.5m | $7.1m | — | |
| Depreciation, Amortization and Accretion, Net | $720.3m | $777.5m | $591.0m | $615.2m | $630.4m | $680.6m | $732.6m | $745.4m | $723.9m | $715.3m | $709.8m | |
| Deferred Income Tax Expense (Benefit) | $52.0m | ($395.2m) | $273.7m | $41.7m | $240.8m | $60.5m | ($75.7m) | ($39.4m) | ($57.8m) | $86.6m | $149.8m | |
| Share-based Payment Arrangement, Noncash Expense | $38.3m | $35.1m | $73.1m | $67.8m | $91.5m | $102.2m | $95.4m | $112.4m | $102.8m | $140.0m | $131.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | $55.9m | $65.0m | $134.0m | $35.3m | — | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | $0 | $0 | $0 | — | — | — | — | — | |
| Goodwill and Intangible Asset Impairment | $296.4m | $981.6m | $62.0m | $124.9m | $0 | $0 | — | $26.1m | $0 | $0 | — | |
| Goodwill, Impairment Loss | $281.4m | $36.2m | $3.1m | $124.9m | $0 | $0 | — | $26.1m | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | $0 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $13.0m | ($8.6m) | ($4.5m) | $12.7m | $26.9m | $26.9m | $26.5m | $27.9m | $26.2m | $33.0m | — | |
| Other Nonoperating Income (Expense) | $8.7m | $17.7m | $10.1m | $29.3m | $16.8m | $6.4m | ($15.8m) | ($19.2m) | ($69.8m) | ($102.7m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $152.2m | $156.3m | $81.2m | $80.0m | $21.1m | $138.1m | $148.4m | ($172.4m) | $29.8m | $210.6m | $53.6m | |
| Increase (Decrease) in Inventories | ($22.9m) | $18.6m | ($73.5m) | ($10.2m) | $12.3m | ($5.7m) | $757k | $32.1m | ($17.9m) | $19.9m | $957k | |
| Increase (Decrease) in Accounts Payable | $11.9m | $26.9m | ($36.0m) | ($84.5m) | $37.2m | ($30.3m) | $87.5m | $26.9m | $1.7m | $128.3m | $100.3m | |
| Net Cash Provided by (Used in) Operating Activities | $2.0b |
$1.9b
-2.85%
|
$1.8b
-7.12%
|
$2.1b
+16.97%
|
$2.0b
-4.50%
|
$1.9b
-2.43%
|
$1.6b
-18.97%
|
$2.1b
+31.60%
|
$2.0b
-1.80%
|
$1.9b
-6.70%
|
$2.2b
+16.26%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $829.1m | $905.2m | $987.1m | $766.5m | $674.5m | $641.5m | $603.4m | $568.0m | $555.4m | $575.9m | ($583.4m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | $246.1m | $117.5m | ($189.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($1.2b) | ($1.4b) | ($1.0b) | $3.0b | ($825.4m) | ($784.7m) | ($630.3m) | ($771.8m) | ($771.4m) | ($654.9m) | ($759.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from Issuance of Long-term Debt | $52.0b | $51.0b | $59.9b | $38.5b | $4.0b | $1.6b | $2.4b | $2.5b | $6.6b | $5.6b | $4.2b | |
| Payments for Repurchase of Common Stock | $1.1b | $802.9m | $1.2b | $2.4b | $1.5b | $1.5b | $802.2m | $272.2m | $1.4b | $1.3b | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Proceeds from (Payments for) Other Financing Activities | ($1.2b) | ($921.1m) | ($1.3b) | ($2.6b) | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($1.4b) |
($766.3m)
+43.32%
|
($625.4m)
+18.39%
|
($4.7b)
-651.01%
|
($1.8b)
+60.68%
|
($1.1b)
+41.36%
|
($1.1b)
-3.52%
|
($1.2b)
-4.40%
|
($816.9m)
+30.21%
|
($1.4b)
-68.28%
|
($1.5b)
-7.67%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $4.3m | $254k | $137.3m | $369.5m | ($706.9m) | $53.2m | ($216.0m) | $125.6m | $415.2m | ($122.1m) | $750.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $4.3m | $254k | $415.4m | $1.2b | $501.8m | $555.0m | $339.0m | $464.6m | $879.8m | $757.7m | $750.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $23.5m | $21.3m | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | $279.0m | $351.0m | $387.7m | $423.4m | $515.5m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $176.7m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Business | $404.2m | $6.3m | $60.6m | $0 | ($16.3m) | $0 | $0 | — | $109.5m | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | $526.8m | $0 | $0 | — | — | — | — | — | — | — | |
| General and Administrative Expense | $1.6b | $1.1b | $1.1b | $1.1b | $1.2b | $1.2b | $1.4b | $1.5b | $1.5b | $1.7b | — | |
| Goodwill | $9.4b | $6.6b | $6.8b | $6.8b | $6.9b | $7.0b | $7.1b | $7.1b | $7.4b | $7.5b | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $901.3m | $624.3m | $706.8m | $783.3m | $978.5m | $546.9m | $691.5m | $936.3m | $721.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $1.1b | $790.1m | $915.8m | $1.0b | $1.2b | $768.2m | $957.0m | $1.3b | $1.1b | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | ($245.4m) | ($457.0m) | $105.5m | ($9.7m) | $0 | $13.5m | $0 | $0 | $25.0m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | ($237.7m) | ($464.9m) | $104.1m | ($9.7m) | $0 | $13.5m | $0 | $0 | $25.0m | — | |
| Income Tax Expense (Benefit) | $455.8m | $323.9m | $258.4m | $279.6m | $313.9m | $306.7m | $198.1m | $220.1m | $279.7m | $293.1m | — | |
| Operating Lease, Expense | — | — | — | $526.4m | $541.1m | $547.9m | $552.2m | $556.8m | $557.6m | $570.3m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($2.6m) | ($5.1m) | ($6.3m) | ($6.4m) | ($5.3m) | — | — | — | — | — | — | |
| Payments of Financing Costs | $188k | — | — | — | — | — | — | — | — | $53.8m | — | |
| Proceeds from Contributions from Affiliates | $47.6m | $74.6m | $52.3m | $57.3m | $43.0m | $31.8m | $14.8m | $14.8m | $14.5m | $7.1m | — | |
| Proceeds from Noncontrolling Interests | $0 | $2.9m | $15k | $0 | $0 | $2.9m | $3.7m | $51.0m | $860k | $3.8m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $10.7b | $10.9b | $11.0b | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.