Davita Inc vs Essex Property Trust, Inc. — how do they compare? Davita Inc trades at $232 (market cap $15.12B), while Essex Property Trust, Inc. trades at $297.8 (market cap $19.12B). The key difference: Essex Property Trust, Inc. is the larger of the two by market cap, and Essex Property Trust, Inc. pays a 3.48% dividend while Davita Inc pays none. Which is the better fit depends on your goals.
| DVA | ESS | |
|---|---|---|
Market Cap | $15.12B | $19.12B |
Sector | Health | Real Estate |
52-Week High | $235.71 | $298.33 |
52-Week Low | $103.87 | $239.61 |
Enterprise Value | $27.67B | $25.84B |
Dividend Yield | — | 3.48% |
Trailing returns across standard periods
DaVita is the largest provider of dialysis services in the United States, boasting market share that eclipses 35% when measured by both patients and clinics. The firm operates over 3,100 facilities worldwide, mostly in the U.S., and treats over 240,000 patients globally each year. Government payers dominate U.S. dialysis reimbursement. DaVita receives approximately 69% of U.S. sales at government (primarily Medicare) reimbursement rates, with the remaining 31% coming from commercial insurers. However, while commercial insurers represented only about 10% of the U.S. patients treated, they represent nearly all of the profits generated by DaVita in the U.S. dialysis business.
Read more on DVA →Essex Property Trust owns a portfolio of 253 apartment communities with over 62,000 units and is developing three additional properties with 571 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
Read more on ESS →