HCA Holdings Inc (HCA)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 33.26% | 33.19% | 33.71% | 33.88% | 33.57% | 34.07% | 35.72% | 35.59% | 35.56% | 34.28% | 32.59% | 31.32% | 29.93% | 47.82% | 46.91% | 46.97% | 48.09% | 48.31% | 49.12% | 49.76% |
| Pretax margin | 10.55% | 11.88% | 12.21% | 12.33% | 12.27% | 11.78% | 14.15% | 14.86% | 15.43% | 14.25% | 11.20% | 11.09% | 9.31% | 8.65% | 8.71% | 7.74% | 8.97% | 9.29% | 9.71% | 10.01% |
| 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% |
HCA Healthcare Inc's profitability ratios have shown consistency in gross profit margin across all quarters at 100.00%. The operating profit margin has fluctuated slightly around an average of 15%, with a slight decrease in the most recent quarter. The pretax margin has also varied, but generally trending downward from Q2 2022 to Q4 2023.
The net profit margin has displayed a similar downward trend, indicating a decrease in net profit as a percentage of revenue over the quarters. While the margins are healthy, the downward trend in pretax and net profit margins may signal potential challenges in controlling costs or maintaining revenue growth. Additional analysis would be needed to identify the specific factors driving these changes in profitability ratios.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 38.44% | 38.40% | 38.95% | 39.13% | 38.57% | 39.57% | 41.62% | 40.72% | 41.17% | 41.14% | 38.66% | 35.35% | 32.47% | 47.66% | 48.09% | 53.18% | 54.78% | 53.37% | 51.31% | 53.27% |
| Return on assets (ROA) | 9.33% | 10.47% | 10.77% | 10.88% | 10.76% | 10.44% | 12.62% | 13.04% | 13.71% | 13.25% | 10.31% | 9.72% | 7.90% | 6.66% | 6.86% | 6.71% | 7.78% | 7.97% | 8.02% | 8.49% |
| Return on total capital | 24.85% | 27.40% | 27.53% | 27.43% | 26.13% | 25.59% | 29.00% | 30.62% | 31.83% | 31.98% | 25.02% | 24.00% | 20.34% | 20.25% | 20.87% | 18.18% | 20.89% | 20.76% | 21.31% | 24.13% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | 1,860.73% | 656.29% | — | — | — | — | — | — | — |
Based on the provided profitability ratios for HCA Healthcare Inc, the company demonstrated consistent and strong performance in generating profits relative to its assets and capital across the quarters in 2022 and 2023.
- Operating return on assets (Operating ROA) remained relatively stable, ranging from 16.92% to 17.62%, indicating the company's ability to efficiently generate operating income from its assets.
- Return on assets (ROA) also reflected a consistent performance, with values ranging from 9.33% to 10.88%, illustrating the company's overall profitability in utilizing its total assets.
- Return on total capital remained high and consistent over the quarters, showing values between 25.09% and 27.05%, indicating the company's ability to generate returns for both debt and equity capital providers.
- Return on equity (ROE) data is missing, making it difficult to assess the company's profitability specifically in relation to shareholder investments.
In summary, HCA Healthcare Inc's profitability ratios suggest efficient asset utilization and strong profitability relative to its capital structure, highlighting the company's ability to generate consistent returns for its stakeholders.