HCA Holdings Inc (HCA)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 5,242,000 | 5,716,000 | 5,771,000 | 5,733,000 | 5,643,000 | 5,376,000 | 6,511,000 | 6,806,000 | 6,956,000 | 6,568,000 | 4,967,000 | 4,596,000 | 3,754,000 | 3,399,000 | 3,343,000 | 3,047,000 | 3,505,000 | 3,498,000 | 3,645,000 | 3,682,000 |
| 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 |
| Net profit margin | 8.07% | 9.05% | 9.32% | 9.42% | 9.37% | 8.99% | 10.83% | 11.40% | 11.84% | 11.04% | 8.69% | 8.61% | 7.28% | 6.69% | 6.69% | 5.93% | 6.83% | 7.21% | 7.68% | 7.93% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $5,242,000K ÷ $64,968,000K
= 8.07%
The net profit margin of HCA Healthcare Inc has shown some fluctuations over the past eight quarters. It decreased from 9.37% in Q4 2022 to 8.07% in Q4 2023, indicating a decline in profitability during this period. However, there was a slight increase in the net profit margin from Q4 2023 to Q3 2023, reaching 9.05%. This was followed by a further uptick in Q2 2023 and Q1 2023, where the net profit margins were 9.32% and 9.42%, respectively.
The highest net profit margin was recorded in Q1 2022 at 11.40%, which then declined over the subsequent quarters. Notably, there was a significant decrease in profitability between Q1 2022 and Q2 2022, with the net profit margin decreasing from 11.40% to 10.83%.
Overall, while there have been fluctuations in the net profit margin of HCA Healthcare Inc, the company has generally maintained a relatively healthy level of profitability over the analyzed period. It is important to further investigate the factors behind these fluctuations to assess the company's financial performance accurately.
Peer comparison
Dec 31, 2023