HCA Holdings Inc (HCA)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 28,678,000 | 9,627,000 | 50,862,000 | 49,271,000 | 43,164,000 |
| Revenue | US$ in thousands | 70,603,000 | 64,968,000 | 60,233,000 | 58,752,000 | 51,533,000 |
| Gross profit margin | 40.62% | 14.82% | 84.44% | 83.86% | 83.76% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $28,678,000K ÷ $70,603,000K
= 40.62%
Based on the data provided, the gross profit margin of HCA Holdings Inc has shown a general increasing trend from 83.76% as of December 31, 2020, to 84.44% as of December 31, 2022. This indicates that the company has been effectively managing its cost of goods sold relative to its revenue during this period.
However, there is a significant decrease in the gross profit margin to 14.82% as of December 31, 2023, followed by a further decline to 40.62% as of December 31, 2024. These sharp declines could be attributed to various factors such as changes in pricing strategies, cost structures, competition, or other operational challenges.
It would be essential for investors and stakeholders to further investigate the reasons behind the drastic drop in gross profit margins in 2023 and 2024 to assess the company's financial health and sustainability. Monitoring and analyzing the gross profit margin trend over time can provide valuable insights into the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024