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Jun 30, 2022
DaVita Q2 2022 Earnings Report
DaVita's financial and operating results for Q2 2022 were announced.
Key Takeaways
DaVita Inc. reported consolidated revenues of $2.927 billion, operating income of $433 million, and diluted earnings per share of $2.30 for the quarter ended June 30, 2022. They repurchased 3.9 million shares of their common stock at an average cost of $95.56 per share. Operating cash flow and free cash flow were $188 million and $95 million, respectively.
Consolidated revenues were $2.927 billion.
Operating income was $433 million.
Diluted earnings per share was $2.30.
Operating cash flow and free cash flow were $188 million and $95 million, respectively.
DaVita
DaVita
DaVita Revenue by Segment
DaVita Revenue by Geographic Location
Revenue by Segment
U.S. dialysis Revenue
CapyFin.comInternational Revenue
CapyFin.comRevenue by Geographic Location
United States Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
DaVita provided its 2022 guidance, expecting adjusted operating income between $1.525 billion and $1.675 billion, adjusted diluted net income per share attributable to DaVita Inc. between $7.50 and $8.50, and free cash flow between $850 million and $1.1 billion.
Positive Outlook
- Absence of ballot initiative expenses: $60 million
- Integrated Kidney Care: $0 - $25 million
- Treatment volume growth: ($25) - $125 million
- Revenue per treatment growth: $200 - $250 million
- Cost savings initiatives: $125 - $175 million
Challenges Ahead
- Labor pressure and inflation: ($275) - ($225) million
- The widespread impact of the COVID-19 pandemic continues to generate significant risk and uncertainty.
- Future results could vary materially from the guidance provided.
- Guidance for operating income or diluted net income per share attributable to DaVita Inc. on a basis consistent with United States generally accepted accounting principles (GAAP) is not provided.
- Non-GAAP financial measures do not include certain items, including foreign currency fluctuations, which may be significant.
Revenue & Expenses
Visualization of income flow from segment revenue to net income