BrightSpring Health Services vs DaVita
DaVita reported revenue of $13.6 billion in fiscal 2025, about the same as BrightSpring Health Services' $12.9 billion in fiscal 2025. BrightSpring Health Services' revenue grew 28.2% in its latest year, and DaVita's grew 6.5%. BrightSpring Health Services had an operating margin of 2.3%, against 15.0% at DaVita. Free cash flow was $395 million at BrightSpring Health Services and $1.3 billion at DaVita.
Side by side
| BrightSpring Health Services | DaVita | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $12.9B | $13.6B |
| Revenue growth | 28.2% | 6.5% |
| Revenue growth a year, last 5 years | — | 3.4% |
| Gross margin | 11.8% | — |
| Operating margin | 2.3% | 15.0% |
| Net margin | 1.5% | 5.5% |
| Free cash flow | $395M | $1.3B |
| Free cash flow margin | 3.1% | 9.6% |
| Return on capital | 5.2% | 17.6% |
| Net debt to EBITDA | 5.3x | 3.5x |
| Dividends and buybacks | $43M | $1.3B |
| Change in diluted share count | 13.9% | −13.1% |
| Last close | $58.88 | $184.03 |
| P/E at the last close | 35.5× | 15.1× |
| Insider trades, last 12 months | sold $1.7 billion | sold $508.7 million |
| Piotroski F-score | 7 of 9 | 6 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
BrightSpring Health ServicesDaVita
Operating margin
Percent of revenue
BrightSpring Health ServicesDaVita
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
BrightSpring Health ServicesDaVita
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the BrightSpring Health Services and DaVita pages.