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 | — | — | — | — | — | — |
| FY 2018 Q4 | Dec 31, 2018 | — | — | — | — | — | — |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | — | — | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 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 Sep 25, 2026. Price data retrieved Sep 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.