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

DaVita is the larger business by last-quarter revenue ($3.6B vs $2.0B, roughly 1.8× KeyCorp). KeyCorp runs the higher net margin — 25.4% vs 6.5%, a 19.0% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 12.3%). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% 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.

Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.

DVA vs KEY — Head-to-Head

Bigger by revenue
DVA
DVA
1.8× larger
DVA
$3.6B
$2.0B
KEY
Growing faster (revenue YoY)
KEY
KEY
+119.5% gap
KEY
131.8%
12.3%
DVA
Higher net margin
KEY
KEY
19.0% more per $
KEY
25.4%
6.5%
DVA
Faster 2-yr revenue CAGR
KEY
KEY
Annualised
KEY
14.4%
6.6%
DVA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DVA
DVA
KEY
KEY
Revenue
$3.6B
$2.0B
Net Profit
$234.2M
$510.0M
Gross Margin
Operating Margin
15.5%
32.3%
Net Margin
6.5%
25.4%
Revenue YoY
12.3%
131.8%
Net Profit YoY
43.8%
309.0%
EPS (diluted)
$3.22
$0.43

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
KEY
KEY
Q1 26
$3.6B
Q4 25
$3.6B
$2.0B
Q3 25
$3.4B
$1.9B
Q2 25
$3.4B
$1.8B
Q1 25
$3.2B
$1.8B
Q4 24
$3.3B
$865.0M
Q3 24
$3.3B
$695.0M
Q2 24
$3.2B
$1.5B
Net Profit
DVA
DVA
KEY
KEY
Q1 26
$234.2M
Q4 25
$234.2M
$510.0M
Q3 25
$150.3M
$489.0M
Q2 25
$199.3M
$425.0M
Q1 25
$162.9M
$405.0M
Q4 24
$259.3M
$-244.0M
Q3 24
$214.7M
$-410.0M
Q2 24
$222.7M
$274.0M
Operating Margin
DVA
DVA
KEY
KEY
Q1 26
15.5%
Q4 25
15.5%
32.3%
Q3 25
14.8%
31.8%
Q2 25
15.9%
29.3%
Q1 25
13.6%
29.0%
Q4 24
17.2%
-92.6%
Q3 24
16.4%
-72.8%
Q2 24
15.9%
22.0%
Net Margin
DVA
DVA
KEY
KEY
Q1 26
6.5%
Q4 25
6.5%
25.4%
Q3 25
4.4%
25.8%
Q2 25
5.9%
23.1%
Q1 25
5.1%
22.8%
Q4 24
7.9%
-54.7%
Q3 24
6.6%
-59.0%
Q2 24
7.0%
18.0%
EPS (diluted)
DVA
DVA
KEY
KEY
Q1 26
$3.22
Q4 25
$3.22
$0.43
Q3 25
$2.04
$0.41
Q2 25
$2.58
$0.35
Q1 25
$2.00
$0.33
Q4 24
$3.08
$-0.30
Q3 24
$2.50
$-0.47
Q2 24
$2.50
$0.25

Balance Sheet & Financial Strength

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

Metric
DVA
DVA
KEY
KEY
Cash + ST InvestmentsLiquidity on hand
$700.7M
$10.2B
Total DebtLower is stronger
$10.2B
$9.9B
Stockholders' EquityBook value
$-651.1M
$20.4B
Total Assets
$17.5B
$184.4B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DVA
DVA
KEY
KEY
Q1 26
$700.7M
Q4 25
$700.7M
$10.2B
Q3 25
$736.5M
$13.3B
Q2 25
$739.4M
$11.6B
Q1 25
$511.9M
$15.3B
Q4 24
$846.0M
$17.5B
Q3 24
$1.1B
$22.8B
Q2 24
$437.2M
$15.5B
Total Debt
DVA
DVA
KEY
KEY
Q1 26
$10.2B
Q4 25
$10.2B
$9.9B
Q3 25
$10.2B
$10.9B
Q2 25
$10.1B
$12.1B
Q1 25
$9.6B
$12.4B
Q4 24
$9.2B
$12.1B
Q3 24
$9.3B
$15.7B
Q2 24
$8.5B
$16.9B
Stockholders' Equity
DVA
DVA
KEY
KEY
Q1 26
$-651.1M
Q4 25
$-651.1M
$20.4B
Q3 25
$-571.9M
$20.1B
Q2 25
$-369.6M
$19.5B
Q1 25
$-267.1M
$19.0B
Q4 24
$121.1M
$18.2B
Q3 24
$386.7M
$16.9B
Q2 24
$632.9M
$14.8B
Total Assets
DVA
DVA
KEY
KEY
Q1 26
$17.5B
Q4 25
$17.5B
$184.4B
Q3 25
$17.6B
$187.4B
Q2 25
$17.5B
$185.5B
Q1 25
$17.1B
$188.7B
Q4 24
$17.3B
$187.2B
Q3 24
$17.5B
$189.8B
Q2 24
$17.0B
$187.4B
Debt / Equity
DVA
DVA
KEY
KEY
Q1 26
Q4 25
0.49×
Q3 25
0.54×
Q2 25
0.62×
Q1 25
0.65×
Q4 24
75.76×
0.67×
Q3 24
23.95×
0.93×
Q2 24
13.35×
1.14×

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
KEY
KEY
Operating Cash FlowLast quarter
$2.2B
Free Cash FlowOCF − Capex
$2.1B
FCF MarginFCF / Revenue
104.8%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
4.33×
TTM Free Cash FlowTrailing 4 quarters
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DVA
DVA
KEY
KEY
Q1 26
Q4 25
$540.7M
$2.2B
Q3 25
$841.5M
$396.0M
Q2 25
$324.2M
$1.2B
Q1 25
$180.0M
$-140.0M
Q4 24
$547.6M
$664.0M
Q3 24
$810.4M
$-1.2B
Q2 24
$798.8M
$-217.0M
Free Cash Flow
DVA
DVA
KEY
KEY
Q1 26
Q4 25
$395.3M
$2.1B
Q3 25
$675.4M
$367.0M
Q2 25
$203.1M
$1.2B
Q1 25
$36.8M
$-150.0M
Q4 24
$377.0M
$599.0M
Q3 24
$671.4M
$-1.2B
Q2 24
$674.1M
$-230.0M
FCF Margin
DVA
DVA
KEY
KEY
Q1 26
Q4 25
10.9%
104.8%
Q3 25
19.7%
19.4%
Q2 25
6.0%
65.8%
Q1 25
1.1%
-8.5%
Q4 24
11.4%
69.2%
Q3 24
20.6%
-175.8%
Q2 24
21.2%
-15.1%
Capex Intensity
DVA
DVA
KEY
KEY
Q1 26
Q4 25
4.0%
5.3%
Q3 25
4.9%
1.5%
Q2 25
3.6%
1.3%
Q1 25
4.4%
0.6%
Q4 24
5.2%
7.5%
Q3 24
4.3%
2.4%
Q2 24
3.9%
0.9%
Cash Conversion
DVA
DVA
KEY
KEY
Q1 26
Q4 25
2.31×
4.33×
Q3 25
5.60×
0.81×
Q2 25
1.63×
2.90×
Q1 25
1.10×
-0.35×
Q4 24
2.11×
Q3 24
3.77×
Q2 24
3.59×
-0.79×

Financial Flow Comparison

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

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