Davita Inc (DVA) Earnings Report, Financial Results, Financial analysis

Davita Inc reported in the second quarter of 2023 net earnings per share of $1.91 a decrease by -16.96 % year on year from $2.30 and an improvement of 52.8 % from $1.25 realized in I. Quarter (Mar 31 2023).

*second quarter of 2023*
Earnings Per Share	Revenues
$ 1.91	$ 3,000 Mill
$-0.39 -16.96 %	$+74M +2.52 %

Davita Inc 's Revenue rose by 2.52 % in second quarter of 2023 (Jun 30 2023) year on year, to $3,000 million and advanced by 4.44 % sequentially.

Davita Inc is Expected to report next financial results on October 27, 2023.

More on DVA's Income Statement

DVA's NET INCOME

Davita Inc 's net income of $246.377 million in the second quarter of 2023 decreased by -13.44 % from net earnings of $284.616 million achieved in II. Quarter a year ago.

Sequentially net earnings grew by 44.36 % from net income of $170.668 million realized in previous quarter.

More on DVA's Growth

Davita Inc Inventories
Inventories grew by 0.71 % to $110 million from II. Quarter a year ago, sequentially inventories rose by 3.31 %. DVA's Cash flow In thesecond quarter of 2023 company's net cash flow was $11 million, capital expenditures grew by -12.54%, to $-124 millions compare to same quarter a year ago and rose by -15.71% from I. Quarter (Mar 31 2023).

More on DVA's Cash flow Statement

Earnings quality

Davita Inc does not pay out common stock dividend.

In trailing twelve-month period Davita Inc earned $ 21.06 cash per share, on a free-cash flow basis 416.93 % of net earning per share.

Book value grew by 17.07 % sequentially to $12.91 per share, 98.72% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -65.21 per share from $ -67.66.

Company issued 0.94 million shares or 1.01 % in Jun 30 2023.
Debt Coverage Ratio was 0.07.

• More on DVA's Dividends

Market Capitalization (Millions)	8,831
Shares Outstanding (Millions)	93
Total Debt (Millions $)	8,699
Revenue (TTM) (Millions $)	11,739
Net Income (TTM) (Millions $)	708
Cash Flow (TTM) (Millions $)	66
Capital Exp. (TTM) (Millions $)	-610
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	69,000

Earnings quality

Davita Inc does not pay out common stock dividend.

In trailing twelve-month period Davita Inc had $ 21.06 cash flow per share, on a free-cash flow basis 416.93 % of net earning per share.

Book value grew by 17.07 % sequentially to $12.91 per share, 98.72% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -65.21 per share from $ -67.66.

Company issued 0.94 million shares or 1.01 % in Jun 30 2023.
Debt Coverage Ratio was 0.07.

• More on DVA's Balance Sheets

Market Capitalization (Millions)	8,831
Shares Outstanding (Millions)	93
Total Debt (Millions $)	8,699
Revenue (TTM) (Millions $)	11,739
Net Income (TTM) (Millions $)	708
Cash Flow (TTM) (Millions $)	66
Capital Exp. (TTM) (Millions $)	-610
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	69,000

Davita Inc

DVA's Financial Statements and Analysis