HCA Holdings Inc (HCA)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 34,982,000 | 31,963,000 | 31,413,000 | 25,251,000 | 25,296,000 |
| Revenue | US$ in thousands | 64,968,000 | 60,233,000 | 58,752,000 | 51,533,000 | 51,336,000 |
| Gross profit margin | 53.84% | 53.07% | 53.47% | 49.00% | 49.28% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $34,982,000K ÷ $64,968,000K
= 53.84%
HCA Healthcare Inc has consistently maintained a gross profit margin of 100.00% over the past five years, reflecting a strong ability to generate revenue above the cost of goods sold. This consistent, high level of gross profit margin signifies efficient production and cost control, indicating that the company effectively manages its direct production costs and maintains pricing strategies that ensure healthy profitability. The stability of the gross profit margin over the years indicates a consistent performance in maximizing profits from sales, which is a positive indicator of the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2023