DAVITA INC. (DVA) closed fiscal year 2025 with a gross margin of 32.2 % and a net margin of 5.5 %.
DAVITA INC. (DVA) closed fiscal year 2025 with a gross margin of 32.2 % and a net margin of 5.5 %. The same year shows an EBITDA margin of 20.2 % and an EBIT margin of 15.0 %. The free cash flow margin was 9.6 %. Against the previous year the gross margin moved −0.7 pp and the net margin −1.8 pp. Across the period the gross margin ranges between 29.3 % in 2022 and 32.9 % in 2024. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 29.29 % | 31.47 % | 32.91 % | 32.25 % |
| EBITDA margin (%) | 20.94 % | 18.91 % | 18.90 % | 19.48 % | 20.84 % | 19.51 % | 16.35 % | 17.53 % | 15.84 % | 25.68 % | 23.81 % | 18.56 % | 19.83 % | 20.13 % | 21.33 % | 17.84 % | 19.34 % | 21.96 % | 20.22 % |
| EBIT margin (%) | 17.27 % | 15.35 % | 15.40 % | 15.98 % | 17.15 % | 15.84 % | 13.18 % | 14.19 % | 11.39 % | 18.96 % | 16.67 % | 13.38 % | 14.43 % | 14.67 % | 15.47 % | 11.53 % | 13.20 % | 16.31 % | 14.98 % |
| Net margin (%) | 7.25 % | 6.61 % | 6.93 % | 6.52 % | 7.10 % | 6.55 % | 5.38 % | 5.65 % | 2.70 % | 8.22 % | 6.10 % | 1.40 % | 7.12 % | 6.70 % | 8.42 % | 4.83 % | 5.70 % | 7.31 % | 5.47 % |
| FCF margin (%) | 5.87 % | 5.22 % | 6.43 % | 9.10 % | 11.59 % | 6.73 % | 9.82 % | 6.39 % | 8.51 % | 10.68 % | 9.27 % | 6.88 % | 11.47 % | 11.29 % | 11.10 % | 8.28 % | 12.28 % | 11.44 % | 9.61 % |
