HCA Holdings Inc (HCA)

Gross profit margin

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Gross profit (ttm) US$ in thousands 34,982,000 33,659,000 33,063,000 32,485,000 31,963,000 31,754,000 32,517,000 32,117,000 31,413,000 30,831,000 28,813,000 26,527,000 25,251,000 31,427,000 30,642,000 31,607,000 31,998,000 30,749,000 30,347,000 29,880,000
Revenue (ttm) US$ in thousands 64,968,000 63,162,000 61,920,000 60,879,000 60,233,000 59,800,000 60,105,000 59,720,000 58,752,000 59,483,000 57,147,000 53,365,000 51,533,000 50,841,000 49,934,000 51,424,000 51,334,000 48,505,000 47,478,000 46,437,000
Gross profit margin 53.84% 53.29% 53.40% 53.36% 53.07% 53.10% 54.10% 53.78% 53.47% 51.83% 50.42% 49.71% 49.00% 61.81% 61.37% 61.46% 62.33% 63.39% 63.92% 64.35%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $34,982,000K ÷ $64,968,000K
= 53.84%

HCA Healthcare Inc has consistently maintained a gross profit margin of 100% across all quarters of the past two years. This indicates that the company is efficiently managing its production costs and generating a substantial margin between the cost of goods sold and its revenues. With a stable and high gross profit margin, HCA Healthcare Inc appears to have a strong competitive position in controlling its manufacturing and operational expenses. This steady performance in gross profit margin reflects positively on the company's operational efficiency and ability to generate profits from its core business activities.


Peer comparison

Dec 31, 2023

Company name
Symbol
Gross profit margin
HCA Holdings Inc
HCA
53.84%
Tenet Healthcare Corporation
THC
34.04%
Universal Health Services Inc
UHS
33.58%

See also:

HCA Holdings Inc Gross Profit Margin (Quarterly Data)