•
Dec 31, 2021

DaVita Q4 2021 Earnings Report

DaVita's financial performance in Q4 2021 showed revenue growth and increased earnings per share despite ongoing challenges.

Key Takeaways

DaVita Inc. reported consolidated revenues of $2.944 billion and operating income of $389 million for the fourth quarter of 2021. Diluted earnings per share was $1.79, and adjusted diluted earnings per share was $2.02.

Consolidated revenues reached $2.944 billion.

Operating income amounted to $389 million.

Diluted earnings per share stood at $1.79.

Adjusted diluted earnings per share was $2.02.

Total Revenue
$2.94B
Previous year: $2.91B
+1.3%
EPS
$2.02
Previous year: $1.67
+21.0%
US Dialysis Treatments
7.46M
Previous year: 7.57M
-1.6%
US Avg Treatments per day
94.37K
Previous year: 95.88K
-1.6%
US Revenue per Treatment
$362
Previous year: $352
+2.8%
Gross Profit
$884M
Previous year: $848M
+4.2%
Cash and Equivalents
$462M
Previous year: $325M
+42.1%
Free Cash Flow
$290M
Previous year: $210M
+38.1%
Total Assets
$17.1B
Previous year: $17B
+0.8%

DaVita

DaVita

DaVita Revenue by Segment

DaVita Revenue by Geographic Location

Forward Guidance

DaVita provided its 2022 financial guidance, including adjusted operating income between $1.525 billion and $1.675 billion, adjusted diluted net income per share between $7.50 and $8.50, and free cash flow between $850 million and $1.1 billion.

Positive Outlook

  • Adjusted operating income is expected to be between $1,525 million and $1,675 million.
  • Adjusted diluted net income from continuing operations per share attributable to DaVita Inc. is projected to be between $7.50 and $8.50.
  • Free cash flow from continuing operations is anticipated to be between $850 million and $1,100 million.

Challenges Ahead

  • 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 excludes foreign currency fluctuations, which may be significant.
  • Guidance excludes the amount of third party owners' income and related taxes attributable to non-tax paying entities.

Revenue & Expenses

Visualization of income flow from segment revenue to net income