HCA Holdings Inc (HCA)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 56,211,000 | 54,589,000 | 53,594,000 | 52,711,000 | 52,438,000 | 51,484,000 | 51,584,000 | 52,208,000 | 50,742,000 | 49,562,000 | 48,164,000 | 47,277,000 | 47,490,000 | 51,016,000 | 48,709,000 | 45,421,000 | 45,058,000 | 43,912,000 | 45,449,000 | 43,379,000 |
| 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% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $5,242,000K ÷ $56,211,000K
= 9.33%
HCA Healthcare Inc's return on assets (ROA) has shown a consistent trend over the past eight quarters. The ROA has ranged from 9.33% to 13.04% during this period. The highest ROA was observed in Q1 2022 at 13.04%, followed by Q2 2022 at 12.62%. However, there has been a slight decline in the ROA in the most recent quarters, with Q4 2023 recording the lowest ROA of 9.33%.
Overall, HCA Healthcare Inc's ROA has remained relatively strong, indicating that the company is effectively generating profits from its assets. It is essential for investors and stakeholders to monitor this ratio to assess the company's efficiency in utilizing its assets to generate returns.
Peer comparison
Dec 31, 2023