HCA Holdings Inc (HCA)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 5,242,000 | 5,643,000 | 6,956,000 | 3,754,000 | 3,505,000 |
| Revenue | US$ in thousands | 64,968,000 | 60,233,000 | 58,752,000 | 51,533,000 | 51,336,000 |
| Net profit margin | 8.07% | 9.37% | 11.84% | 7.28% | 6.83% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $5,242,000K ÷ $64,968,000K
= 8.07%
The net profit margin of HCA Healthcare Inc has fluctuated over the past five years. In 2023, the net profit margin decreased to 8.07% from 9.37% in 2022, showing a decline in profitability. However, when compared to 2020 and 2019, the current net profit margin is still higher, indicating an improvement in profitability over the long term. Despite the slight dip in 2023, the company's profitability remains relatively healthy, with a range of 6.83% to 11.84% over the past five years. Further analysis of the company's financial statements and market conditions would be necessary to fully understand the factors contributing to these fluctuations in net profit margin.
Peer comparison
Dec 31, 2023