DVA (DaVita) Debt-to-Equity: -17.52 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DVA DaVita Inc DVA
87 GF Score
Price $176.27
GF Value $193.77
Valuation Fairly Valued
! 6 Warning Signs
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What is DaVita Debt-to-Equity?

DaVita DVA -2.10% 87 Debt-to-Equity is -17.52 as of Jun. 2026. GuruFocus rates DVA with a GF Score™ of 87/100 and a GF Value™ of $193.77 (Fairly Valued). The stock has 6 warning signs investors should review. Among 558 Healthcare Providers & Services companies, DaVita ranks worse than 179211.29% on this metric.

DaVita's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $557 Mil. DaVita's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $12,850 Mil. DaVita's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $-765 Mil. DaVita's debt to equity for the quarter that ended in Jun. 2026 was -17.52.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for DaVita's Debt-to-Equity or its related term are showing as below:

DVA' s Debt-to-Equity Range Over the Past 10 Years
Min: -46.13   Med: 5.61   Max: 99.63
Current: -17.52

During the past 13 years, the highest Debt-to-Equity Ratio of DaVita was 99.63. The lowest was -46.13. And the median was 5.61.

DVA's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.42 vs DVA: -17.52

DaVita  (NYSE:DVA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


DaVita Debt-to-Equity Related Terms


DaVita Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for DaVita's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DaVita Debt-to-Equity Chart

DaVita Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.85 16.60 10.53 99.63 -19.77

DaVita Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -34.67 -22.35 -19.77 -17.50 -17.52

DVA vs EHC, THC, ENSG: Debt-to-Equity Comparison

For the Medical Care Facilities subindustry, DaVita's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DaVita Debt-to-Equity vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, DaVita's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where DaVita's Debt-to-Equity falls into.


DVA
87GF Score
DaVita Inc DVA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DaVita Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DaVita's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

DaVita's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -17.52 mean?
DaVita (DVA) has a Debt-to-Equity of -17.52 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DaVita and its competitors. According to the industry distribution chart, DaVita ranks #999999 out of 558 companies in the Healthcare Providers & Services industry.
Is DaVita's Debt-to-Equity too high?
DaVita's current Debt-to-Equity is -17.52. Based on the distribution chart, DaVita ranks #999999 out of 558 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, DaVita has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DaVita's Debt-to-Equity compare to EHC and THC?
According to the Healthcare Providers & Services industry distribution chart, DaVita ranks #999999 out of 558 companies for Debt-to-Equity. This places DaVita in the lower half of its industry. The industry median Debt-to-Equity is 0.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.42, based on 558 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DaVita and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DaVita's current Debt-to-Equity is -17.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DaVita stock overvalued right now?
Based on GuruFocus' analysis, DaVita (DVA) is currently considered Fairly Valued. The stock's GF Value™ is $193.77, compared to a current price of $176.27 — trading 9% below its estimated fair value. The current Debt-to-Equity is -17.52. DaVita's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For DaVita (DVA), the current Debt-to-Equity is -17.52 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DaVita (DVA) Overvalued in 2026?

Based on GuruFocus' analysis, DaVita stock appears to be undervalued. The current stock price of $176.27 is trading 9% below its estimated GF Value™ of $193.77. GuruFocus considers DaVita to be Fairly Valued.

Key valuation signals for DVA:

  • Debt-to-Equity: -17.52
  • GF Value™: $193.77 vs. price of $176.27 (9% below fair value)
  • GF Score™: 87/100 with 6 warning signs

No single metric tells the full story. See the DVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DaVita Business Description

Address 2000 16th Street, Denver, CO, USA, 80202
DaVita is one of the largest providers of dialysis services in the United States, boasting a market share of about 35%. The firm operates over 3,200 facilities worldwide, mostly in the US, and treats about 300,000 patients annually. Government payers dominate US dialysis reimbursement. DaVita receives about two-thirds of US sales at government (primarily Medicare) reimbursement rates, with the remainder coming from commercial insurers. While commercial insurers represent only about 10% of US patients treated, they represent nearly all of the profits generated by DaVita in the US dialysis business.
87GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$176.27
Price
$193.77
GF Value