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Side-by-side financial comparison of DaVita (DVA) and ENBRIDGE INC (ENB). Click either name above to swap in a different company.

ENBRIDGE INC is the larger business by last-quarter revenue ($5.7B vs $3.6B, roughly 1.6× DaVita). ENBRIDGE INC runs the higher net margin — 26.2% vs 6.5%, a 19.8% gap on every dollar of revenue. On growth, DaVita posted the faster year-over-year revenue change (12.3% vs 5.3%). Over the past eight quarters, ENBRIDGE INC's revenue compounded faster (7.6% CAGR vs 6.6%).

DaVita Inc. is an American company that provides kidney dialysis services through a network of 2,675 outpatient centers in the United States, serving 200,800 patients, and 367 outpatient centers in 11 other countries serving 49,400 patients. The company primarily treats end-stage renal disease (ESRD), which requires patients to undergo kidney dialysis, often 3 times per week for the rest of their lives unless they receive a kidney transplant via organ donation.

Enbridge Inc. is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and natural gas liquids, and also generates renewable energy. Enbridge's pipeline system is the longest in North America and the largest oil export pipeline network in the world. Its crude oil system consists of 28,661 kilometres of pipelines. Its 38,300 kilometre natural gas p...

DVA vs ENB — Head-to-Head

Bigger by revenue
ENB
ENB
1.6× larger
ENB
$5.7B
$3.6B
DVA
Growing faster (revenue YoY)
DVA
DVA
+7.0% gap
DVA
12.3%
5.3%
ENB
Higher net margin
ENB
ENB
19.8% more per $
ENB
26.2%
6.5%
DVA
Faster 2-yr revenue CAGR
ENB
ENB
Annualised
ENB
7.6%
6.6%
DVA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DVA
DVA
ENB
ENB
Revenue
$3.6B
$5.7B
Net Profit
$234.2M
$1.5B
Gross Margin
Operating Margin
15.5%
34.7%
Net Margin
6.5%
26.2%
Revenue YoY
12.3%
5.3%
Net Profit YoY
43.8%
246.2%
EPS (diluted)
$3.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DVA
DVA
ENB
ENB
Q1 26
$3.6B
Q4 25
$3.6B
$5.7B
Q3 25
$3.4B
$4.5B
Q2 25
$3.4B
$4.8B
Q1 25
$3.2B
$6.4B
Q4 24
$3.3B
$5.4B
Q3 24
$3.3B
$4.2B
Q2 24
$3.2B
$4.3B
Net Profit
DVA
DVA
ENB
ENB
Q1 26
$234.2M
Q4 25
$234.2M
$1.5B
Q3 25
$150.3M
$575.2M
Q2 25
$199.3M
$1.7B
Q1 25
$162.9M
$1.7B
Q4 24
$259.3M
$434.4M
Q3 24
$214.7M
$1.0B
Q2 24
$222.7M
$1.4B
Gross Margin
DVA
DVA
ENB
ENB
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
7.5%
Operating Margin
DVA
DVA
ENB
ENB
Q1 26
15.5%
Q4 25
15.5%
34.7%
Q3 25
14.8%
36.9%
Q2 25
15.9%
35.1%
Q1 25
13.6%
41.7%
Q4 24
17.2%
32.8%
Q3 24
16.4%
38.7%
Q2 24
15.9%
38.3%
Net Margin
DVA
DVA
ENB
ENB
Q1 26
6.5%
Q4 25
6.5%
26.2%
Q3 25
4.4%
12.8%
Q2 25
5.9%
34.9%
Q1 25
5.1%
26.8%
Q4 24
7.9%
8.0%
Q3 24
6.6%
24.3%
Q2 24
7.0%
32.8%
EPS (diluted)
DVA
DVA
ENB
ENB
Q1 26
$3.22
Q4 25
$3.22
Q3 25
$2.04
Q2 25
$2.58
Q1 25
$2.00
Q4 24
$3.08
Q3 24
$2.50
Q2 24
$2.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DVA
DVA
ENB
ENB
Cash + ST InvestmentsLiquidity on hand
$700.7M
$798.6M
Total DebtLower is stronger
$10.2B
$72.2B
Stockholders' EquityBook value
$-651.1M
$45.5B
Total Assets
$17.5B
$159.5B
Debt / EquityLower = less leverage
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DVA
DVA
ENB
ENB
Q1 26
$700.7M
Q4 25
$700.7M
$798.6M
Q3 25
$736.5M
$1.0B
Q2 25
$739.4M
$878.2M
Q1 25
$511.9M
$1.5B
Q4 24
$846.0M
$1.3B
Q3 24
$1.1B
$1.4B
Q2 24
$437.2M
$2.6B
Total Debt
DVA
DVA
ENB
ENB
Q1 26
$10.2B
Q4 25
$10.2B
$72.2B
Q3 25
$10.2B
$73.4B
Q2 25
$10.1B
$70.8B
Q1 25
$9.6B
$70.9B
Q4 24
$9.2B
$68.2B
Q3 24
$9.3B
$63.7B
Q2 24
$8.5B
$62.2B
Stockholders' Equity
DVA
DVA
ENB
ENB
Q1 26
$-651.1M
Q4 25
$-651.1M
$45.5B
Q3 25
$-571.9M
$47.6B
Q2 25
$-369.6M
$47.8B
Q1 25
$-267.1M
$49.8B
Q4 24
$121.1M
$48.1B
Q3 24
$386.7M
$48.0B
Q2 24
$632.9M
$49.1B
Total Assets
DVA
DVA
ENB
ENB
Q1 26
$17.5B
Q4 25
$17.5B
$159.5B
Q3 25
$17.6B
$158.4B
Q2 25
$17.5B
$154.5B
Q1 25
$17.1B
$160.6B
Q4 24
$17.3B
$159.9B
Q3 24
$17.5B
$150.2B
Q2 24
$17.0B
$146.9B
Debt / Equity
DVA
DVA
ENB
ENB
Q1 26
Q4 25
1.59×
Q3 25
1.54×
Q2 25
1.48×
Q1 25
1.42×
Q4 24
75.76×
1.42×
Q3 24
23.95×
1.33×
Q2 24
13.35×
1.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DVA
DVA
ENB
ENB
Operating Cash FlowLast quarter
$9.0B
Free Cash FlowOCF − Capex
$2.4B
FCF MarginFCF / Revenue
42.0%
Capex IntensityCapex / Revenue
114.3%
Cash ConversionOCF / Net Profit
5.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DVA
DVA
ENB
ENB
Q1 26
Q4 25
$540.7M
$9.0B
Q3 25
$841.5M
Q2 25
$324.2M
Q1 25
$180.0M
$2.2B
Q4 24
$547.6M
$9.2B
Q3 24
$810.4M
Q2 24
$798.8M
Free Cash Flow
DVA
DVA
ENB
ENB
Q1 26
Q4 25
$395.3M
$2.4B
Q3 25
$675.4M
Q2 25
$203.1M
Q1 25
$36.8M
$970.9M
Q4 24
$377.0M
$4.3B
Q3 24
$671.4M
Q2 24
$674.1M
FCF Margin
DVA
DVA
ENB
ENB
Q1 26
Q4 25
10.9%
42.0%
Q3 25
19.7%
Q2 25
6.0%
Q1 25
1.1%
15.1%
Q4 24
11.4%
79.0%
Q3 24
20.6%
Q2 24
21.2%
Capex Intensity
DVA
DVA
ENB
ENB
Q1 26
Q4 25
4.0%
114.3%
Q3 25
4.9%
Q2 25
3.6%
Q1 25
4.4%
19.6%
Q4 24
5.2%
90.1%
Q3 24
4.3%
Q2 24
3.9%
Cash Conversion
DVA
DVA
ENB
ENB
Q1 26
Q4 25
2.31×
5.96×
Q3 25
5.60×
Q2 25
1.63×
Q1 25
1.10×
1.29×
Q4 24
2.11×
21.18×
Q3 24
3.77×
Q2 24
3.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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