DaVita Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $746.8M | $936.3M | $691.5M | $560.4M | $978.5M | $773.6M | $811.0M | $159.4M |
| Depreciation & Amortization | $708.3M | $716.4M | $736.5M | $721.1M | $667.8M | $616.6M | $600.9M | $574.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $7.1M | $7.5M | $9.0M | $11.5M | $12.9M | $13.8M | $14.2M | $16.2M |
| Stock-Based Compensation | $140.0M | $102.8M | $112.4M | $95.4M | $102.2M | $91.5M | $67.9M | $73.1M |
| Net Cash from Operating Activities | $1.89B | $2.02B | $2.06B | $1.56B | $1.93B | $1.98B | $2.07B | $1.77B |
| Investing Activities | ||||||||
| Capital Expenditures | $575.9M | $555.4M | $568.0M | $603.4M | $641.5M | $674.5M | $766.5M | $987.1M |
| Business Acquisitions | $117.5M | $246.1M | $26.4M | $57.3M | $187.1M | $182.0M | $100.9M | $183.2M |
| Net Cash from Investing Activities | $-654.9M | $-771.4M | $-771.8M | $-630.3M | $-784.7M | $-825.4M | $3.00B | $-1.01B |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock Repurchases | $1.31B | $1.39B | $272.2M | $802.2M | $1.54B | $1.46B | $2.38B | $1.16B |
| Net Cash from Financing Activities | $-1.37B | $-816.9M | $-1.17B | $-1.12B | $-1.08B | $-1.85B | $-4.70B | $-625.4M |
| Net Change in Cash | $-122.1M | $415.2M | $125.6M | $-216.0M | $53.2M | $-706.9M | $369.5M | $137.3M |
| Free Cash Flow | $1.31B | $1.47B | $1.49B | $961.1M | $1.29B | $1.30B | $1.31B | $784.5M |