• DaVita average return on tangible equity for 2023 was -9.19, a 23.42% increase from 2022.
• DaVita average return on tangible equity for 2022 was -12, a 25.47% decline from 2021.
• DaVita average return on tangible equity for 2021 was -16.1, a 11.93% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.