HCA Holdings Inc (HCA)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 21,608,000 | 20,223,000 | 20,892,000 | 15,422,000 | 15,352,000 |
| Revenue | US$ in thousands | 64,968,000 | 60,233,000 | 58,752,000 | 51,533,000 | 51,336,000 |
| Operating profit margin | 33.26% | 33.57% | 35.56% | 29.93% | 29.90% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $21,608,000K ÷ $64,968,000K
= 33.26%
Operating profit margin is a key financial ratio that provides insights into a company's ability to generate profits from its core operations. For HCA Healthcare Inc, the operating profit margin has fluctuated over the past five years. In 2023, the operating profit margin decreased slightly to 14.82% compared to 15.03% in 2022. However, this still reflects a healthy level of profitability.
Looking at the trend over the five-year period, the operating profit margin reached its peak in 2021 at 16.47% before declining in 2022 and 2023. Despite some fluctuations, the company has been able to maintain relatively stable operating profit margins above 14% during this period.
It is important to note that while the operating profit margin gives an indication of operational efficiency and profitability, other factors such as cost management, revenue growth, and overall economic conditions can also impact the company's financial performance. Further analysis and comparison with industry benchmarks may provide additional insights into HCA Healthcare Inc's operating profit margin performance.
Peer comparison
Dec 31, 2023