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Side-by-side financial comparison of DaVita (DVA) and FirstEnergy (FE). Click either name above to swap in a different company.
FirstEnergy is the larger business by last-quarter revenue ($3.8B vs $3.6B, roughly 1.0× DaVita). DaVita runs the higher net margin — 6.5% vs -1.3%, a 7.8% gap on every dollar of revenue. On growth, FirstEnergy posted the faster year-over-year revenue change (19.6% vs 12.3%). Over the past eight quarters, FirstEnergy's revenue compounded faster (7.5% 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.
FirstEnergy Corp. is an electric utility headquartered in Akron, Ohio. It was established when Ohio Edison merged with Centerior Energy in 1997.
DVA vs FE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.6B | $3.8B |
| Net Profit | $234.2M | $-49.0M |
| Gross Margin | — | — |
| Operating Margin | 15.5% | -0.6% |
| Net Margin | 6.5% | -1.3% |
| Revenue YoY | 12.3% | 19.6% |
| Net Profit YoY | 43.8% | -118.8% |
| EPS (diluted) | $3.22 | $-0.08 |
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.
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $3.8B | ||
| Q3 25 | $3.4B | $4.1B | ||
| Q2 25 | $3.4B | $3.4B | ||
| Q1 25 | $3.2B | $3.8B | ||
| Q4 24 | $3.3B | $3.2B | ||
| Q3 24 | $3.3B | $3.7B | ||
| Q2 24 | $3.2B | $3.3B |
| Q1 26 | $234.2M | — | ||
| Q4 25 | $234.2M | $-49.0M | ||
| Q3 25 | $150.3M | $441.0M | ||
| Q2 25 | $199.3M | $268.0M | ||
| Q1 25 | $162.9M | $360.0M | ||
| Q4 24 | $259.3M | $261.0M | ||
| Q3 24 | $214.7M | $419.0M | ||
| Q2 24 | $222.7M | $45.0M |
| Q1 26 | 15.5% | — | ||
| Q4 25 | 15.5% | -0.6% | ||
| Q3 25 | 14.8% | 20.0% | ||
| Q2 25 | 15.9% | 19.1% | ||
| Q1 25 | 13.6% | 20.0% | ||
| Q4 24 | 17.2% | 19.3% | ||
| Q3 24 | 16.4% | 19.5% | ||
| Q2 24 | 15.9% | 12.9% |
| Q1 26 | 6.5% | — | ||
| Q4 25 | 6.5% | -1.3% | ||
| Q3 25 | 4.4% | 10.6% | ||
| Q2 25 | 5.9% | 7.9% | ||
| Q1 25 | 5.1% | 9.6% | ||
| Q4 24 | 7.9% | 8.2% | ||
| Q3 24 | 6.6% | 11.2% | ||
| Q2 24 | 7.0% | 1.4% |
| Q1 26 | $3.22 | — | ||
| Q4 25 | $3.22 | $-0.08 | ||
| Q3 25 | $2.04 | $0.76 | ||
| Q2 25 | $2.58 | $0.46 | ||
| Q1 25 | $2.00 | $0.62 | ||
| Q4 24 | $3.08 | $0.45 | ||
| Q3 24 | $2.50 | $0.73 | ||
| Q2 24 | $2.50 | $0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $700.7M | $57.0M |
| Total DebtLower is stronger | $10.2B | $25.5B |
| Stockholders' EquityBook value | $-651.1M | $12.5B |
| Total Assets | $17.5B | $55.9B |
| Debt / EquityLower = less leverage | — | 2.04× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $700.7M | — | ||
| Q4 25 | $700.7M | $57.0M | ||
| Q3 25 | $736.5M | $1.4B | ||
| Q2 25 | $739.4M | $569.0M | ||
| Q1 25 | $511.9M | $132.0M | ||
| Q4 24 | $846.0M | $111.0M | ||
| Q3 24 | $1.1B | $439.0M | ||
| Q2 24 | $437.2M | $60.0M |
| Q1 26 | $10.2B | — | ||
| Q4 25 | $10.2B | $25.5B | ||
| Q3 25 | $10.2B | $25.5B | ||
| Q2 25 | $10.1B | $23.7B | ||
| Q1 25 | $9.6B | $21.2B | ||
| Q4 24 | $9.2B | $22.5B | ||
| Q3 24 | $9.3B | $21.6B | ||
| Q2 24 | $8.5B | $20.8B |
| Q1 26 | $-651.1M | — | ||
| Q4 25 | $-651.1M | $12.5B | ||
| Q3 25 | $-571.9M | $12.8B | ||
| Q2 25 | $-369.6M | $12.9B | ||
| Q1 25 | $-267.1M | $12.6B | ||
| Q4 24 | $121.1M | $12.5B | ||
| Q3 24 | $386.7M | $12.4B | ||
| Q2 24 | $632.9M | $12.5B |
| Q1 26 | $17.5B | — | ||
| Q4 25 | $17.5B | $55.9B | ||
| Q3 25 | $17.6B | $55.9B | ||
| Q2 25 | $17.5B | $54.2B | ||
| Q1 25 | $17.1B | $52.8B | ||
| Q4 24 | $17.3B | $52.0B | ||
| Q3 24 | $17.5B | $50.8B | ||
| Q2 24 | $17.0B | $51.0B |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.04× | ||
| Q3 25 | — | 1.99× | ||
| Q2 25 | — | 1.85× | ||
| Q1 25 | — | 1.69× | ||
| Q4 24 | 75.76× | 1.81× | ||
| Q3 24 | 23.95× | 1.74× | ||
| Q2 24 | 13.35× | 1.67× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $1.1B |
| Free Cash FlowOCF − Capex | — | $-30.0M |
| FCF MarginFCF / Revenue | — | -0.8% |
| Capex IntensityCapex / Revenue | — | 30.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $540.7M | $1.1B | ||
| Q3 25 | $841.5M | $845.0M | ||
| Q2 25 | $324.2M | $1.1B | ||
| Q1 25 | $180.0M | $637.0M | ||
| Q4 24 | $547.6M | $1.0B | ||
| Q3 24 | $810.4M | $775.0M | ||
| Q2 24 | $798.8M | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | $395.3M | $-30.0M | ||
| Q3 25 | $675.4M | $-471.0M | ||
| Q2 25 | $203.1M | $-136.0M | ||
| Q1 25 | $36.8M | $-368.0M | ||
| Q4 24 | $377.0M | $-250.0M | ||
| Q3 24 | $671.4M | $-229.0M | ||
| Q2 24 | $674.1M | $170.0M |
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | -0.8% | ||
| Q3 25 | 19.7% | -11.4% | ||
| Q2 25 | 6.0% | -4.0% | ||
| Q1 25 | 1.1% | -9.8% | ||
| Q4 24 | 11.4% | -7.9% | ||
| Q3 24 | 20.6% | -6.1% | ||
| Q2 24 | 21.2% | 5.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 30.7% | ||
| Q3 25 | 4.9% | 31.7% | ||
| Q2 25 | 3.6% | 36.0% | ||
| Q1 25 | 4.4% | 26.7% | ||
| Q4 24 | 5.2% | 40.7% | ||
| Q3 24 | 4.3% | 26.9% | ||
| Q2 24 | 3.9% | 28.7% |
| Q1 26 | — | — | ||
| Q4 25 | 2.31× | — | ||
| Q3 25 | 5.60× | 1.92× | ||
| Q2 25 | 1.63× | 4.04× | ||
| Q1 25 | 1.10× | 1.77× | ||
| Q4 24 | 2.11× | 4.00× | ||
| Q3 24 | 3.77× | 1.85× | ||
| Q2 24 | 3.59× | 24.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DVA
Segment breakdown not available.
FE
| Integrated Segment | $1.4B | 37% |
| Other | $1.4B | 36% |
| Stand Alone Transmission Segment | $466.0M | 12% |
| Industrial Customers | $167.0M | 4% |
| Mid Atlantic Interstate Transmission LLC | $118.0M | 3% |
| Transmission | $105.0M | 3% |
| Transmission Segment | $68.0M | 2% |
| Tr AIL | $63.0M | 2% |
| Internal Customers | $10.0M | 0% |
| Wholesale Sales | $6.0M | 0% |
