Davita
Davita returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 17.7% | 14.47% | 15.47% | — | 4.81% | 10 pp |
| FY 2026 Q1 | Mar 31, 2026 | 17.37% | 14.47% | -15.97% | — | 4.51% | 9.7 pp |
| FY 2025 Q4 | Dec 31, 2025 | 17.5% | 14.27% | -62.52% | — | 4.3% | 9.8 pp |
| FY 2025 Q3 | Sep 30, 2025 | 17.81% | 14.08% | 53.75% | — | 4.4% | 10.1 pp |
| FY 2025 Q2 | Jun 30, 2025 | 17.59% | 14.53% | 622.47% | 635.3% | 4.85% | 9.9 pp |
| FY 2025 Q1 | Mar 31, 2025 | 17.35% | 14.08% | — | 260.92% | 4.98% | 9.6 pp |
| FY 2024 Q4 | Dec 31, 2024 | 18.67% | 14.64% | — | 159.08% | 5.48% | 11 pp |
| FY 2024 Q3 | Sep 30, 2024 | 16.77% | 13.23% | — | 104.38% | 4.81% | 9.1 pp |
| FY 2024 Q2 | Jun 30, 2024 | 16.04% | 13.13% | — | 104.17% | 5.06% | 8.3 pp |
| FY 2024 Q1 | Mar 31, 2024 | 15.08% | 12.24% | 73.25% | 93.14% | 4.78% | 7.4 pp |
| FY 2023 Q4 | Dec 31, 2023 | 13.85% | 11.22% | — | 78.21% | 4.09% | 6.2 pp |
| FY 2023 Q3 | Sep 30, 2023 | 12.71% | 10.2% | — | 70.33% | 3.59% | 5 pp |
| FY 2023 Q2 | Jun 30, 2023 | 10.67% | 8.76% | — | 57.66% | 2.75% | 3 pp |
| FY 2023 Q1 | Mar 31, 2023 | 11.07% | 9.1% | — | 61.56% | 3.04% | 3.4 pp |
| FY 2022 Q4 | Dec 31, 2022 | 11.24% | 9.22% | -213.24% | 76.36% | 3.29% | 3.5 pp |
| FY 2022 Q3 | Sep 30, 2022 | 12.6% | 9.92% | -126.3% | 80.82% | 3.93% | 4.9 pp |
| FY 2022 Q2 | Jun 30, 2022 | 13.68% | 10.82% | -17.01% | 88.62% | 4.78% | 6 pp |
| FY 2022 Q1 | Mar 31, 2022 | 14.2% | 11.29% | 429.92% | 86.35% | 5.2% | 6.5 pp |
| FY 2021 Q4 | Dec 31, 2021 | 15.33% | 12.3% | 261.23% | 91.48% | 5.74% | 7.6 pp |
| FY 2021 Q3 | Sep 30, 2021 | 15.55% | 12% | 42.9% | 70.83% | 5.56% | 7.8 pp |
| FY 2021 Q2 | Jun 30, 2021 | 14.78% | 11.51% | 32.64% | 50.33% | 4.65% | 7.1 pp |
| FY 2021 Q1 | Mar 31, 2021 | 13.6% | 10.89% | -34.85% | 48.28% | 4.38% | 5.9 pp |
| FY 2020 Q4 | Dec 31, 2020 | 13.84% | 11.51% | 1,289.06% | 43.99% | 4.51% | 6.1 pp |
| FY 2020 Q3 | Sep 30, 2020 | 14.71% | 11.92% | — | 43.39% | 4.9% | 7 pp |
| FY 2020 Q2 | Jun 30, 2020 | 13.92% | 11.73% | — | 26.74% | 4.23% | 6.2 pp |
| FY 2020 Q1 | Mar 31, 2020 | 11.57% | 11.89% | — | 30.95% | 4.48% | 3.9 pp |
| FY 2019 Q4 | Dec 31, 2019 | 10.94% | 11.27% | — | 27.79% | 4.45% | 3.2 pp |
| FY 2019 Q3 | Sep 30, 2019 | 10.37% | 10.55% | — | 13.55% | 2.26% | 2.7 pp |
| FY 2019 Q2 | Jun 30, 2019 | 9.44% | 10.25% | — | 3.27% | 0.69% | 1.7 pp |
| FY 2019 Q1 | Mar 31, 2019 | 7.76% | 9.59% | 286.25% | 3.07% | 0.63% | 0.1 pp |
| FY 2018 Q4 | Dec 31, 2018 | 8.39% | 10.13% | — | 3.8% | 0.84% | 0.7 pp |
| FY 2018 Q3 | Sep 30, 2018 | 6.63% | 8.41% | -8.44% | 14.23% | 3.19% | -1.1 pp |
| FY 2018 Q2 | Jun 30, 2018 | 4.62% | 5.17% | -288.09% | 11.42% | 2.76% | -3.1 pp |
| FY 2018 Q1 | Mar 31, 2018 | 3.74% | 4.59% | -126.3% | 8.12% | 2.06% | -4 pp |
| FY 2017 Q4 | Dec 31, 2017 | 10.41% | 11.35% | 11.85% | 14.21% | 3.52% | 2.7 pp |
| FY 2017 Q3 | Sep 30, 2017 | 7.12% | 8.98% | — | 10.68% | 2.73% | -0.6 pp |
| FY 2017 Q2 | Jun 30, 2017 | 13.26% | 15.13% | 116.78% | 26.53% | 6.86% | 5.6 pp |
| FY 2017 Q1 | Mar 31, 2017 | 12.92% | 14.81% | — | 24.99% | 6.49% | 5.2 pp |
| FY 2016 Q4 | Dec 31, 2016 | 10.2% | 11.78% | 186.68% | 18.49% | 4.72% | 2.5 pp |
| FY 2016 Q3 | Sep 30, 2016 | 8.54% | 10.73% | — | 14.46% | 3.79% | 0.8 pp |
| FY 2016 Q2 | Jun 30, 2016 | 5.53% | 8.87% | — | 7.29% | 1.92% | -2.2 pp |
| FY 2016 Q1 | Mar 31, 2016 | 6.96% | 10.07% | -10.81% | 9.88% | 2.59% | -0.7 pp |
| FY 2015 Q4 | Dec 31, 2015 | 5.4% | 7.32% | — | 5.37% | 1.48% | -2.3 pp |
| FY 2015 Q3 | Sep 30, 2015 | 7.48% | 8.61% | -19.26% | 9.71% | 2.62% | -0.2 pp |
| FY 2015 Q2 | Jun 30, 2015 | 7.05% | 8.18% | -17.19% | 9.1% | 2.45% | -0.7 pp |
| FY 2015 Q1 | Mar 31, 2015 | 7.51% | 8.58% | -45.3% | 8.91% | 2.4% | -0.2 pp |
| FY 2014 Q4 | Dec 31, 2014 | 9.58% | 11.91% | 20.82% | 15.06% | 4.13% | 1.9 pp |
| FY 2014 Q3 | Sep 30, 2014 | — | 12.37% | — | 15.74% | 4.16% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 12.09% | — | 15.26% | 3.95% | — |
| FY 2014 Q1 | Mar 31, 2014 | 9.93% | 12.62% | 132.71% | 18.6% | 4.65% | 2.2 pp |
| FY 2013 Q4 | Dec 31, 2013 | 8.53% | 10.83% | 153.39% | 15.46% | 3.83% | 0.8 pp |
| FY 2013 Q3 | Sep 30, 2013 | — | 12.19% | — | 16.96% | 4.17% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 12.74% | — | 17.99% | 4.55% | — |
| FY 2013 Q1 | Mar 31, 2013 | 8.19% | 10.4% | -0.69% | 14.03% | 3.33% | 0.5 pp |
| FY 2012 Q4 | Dec 31, 2012 | 9.07% | 11.93% | 1.8% | 18.16% | 4.3% | 1.4 pp |
| FY 2012 Q3 | Sep 30, 2012 | 11.32% | 14.59% | 5.45% | 23.29% | 5.41% | 3.6 pp |
| FY 2012 Q2 | Jun 30, 2012 | 12.78% | 16.04% | 10.36% | 24.37% | 5.95% | 5.1 pp |
| FY 2012 Q1 | Mar 31, 2012 | 13.18% | 15.98% | 13.09% | 24.08% | 5.99% | 5.5 pp |
| FY 2011 Q4 | Dec 31, 2011 | 12.32% | 15.15% | 9.21% | 23.21% | 5.62% | 4.6 pp |
| FY 2011 Q3 | Sep 30, 2011 | 12.23% | 15.08% | 7.04% | 18.46% | 4.88% | 4.5 pp |
| FY 2011 Q2 | Jun 30, 2011 | 12.26% | 14.61% | 11.76% | 18.31% | 4.86% | 4.6 pp |
| FY 2011 Q1 | Mar 31, 2011 | 12.24% | 14.18% | 15.57% | 18.03% | 4.88% | 4.5 pp |
| FY 2010 Q4 | Dec 31, 2010 | 12.04% | 14.55% | 26.93% | 19.72% | 5.18% | 4.3 pp |
| FY 2010 Q3 | Sep 30, 2010 | 12.07% | 15.15% | — | 20.3% | 5.89% | 4.4 pp |
| FY 2010 Q2 | Jun 30, 2010 | 11.94% | 15.15% | — | 20.36% | 5.83% | 4.2 pp |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 19, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · DVA, USD. Latest completed close Oct 27, 2026. Price data retrieved Oct 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.