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HCA Healthcare (HCA Healthcare) Gross Profit : $55,066 Mil (TTM As of Dec. 2023)


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What is HCA Healthcare Gross Profit?

HCA Healthcare's gross profit for the three months ended in Dec. 2023 was $14,719 Mil. HCA Healthcare's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $55,066 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. HCA Healthcare's gross profit for the three months ended in Dec. 2023 was $14,719 Mil. HCA Healthcare's Revenue for the three months ended in Dec. 2023 was $17,303 Mil. Therefore, HCA Healthcare's Gross Margin % for the quarter that ended in Dec. 2023 was 85.07%.

HCA Healthcare had a gross margin of 85.07% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of HCA Healthcare was 84.76%. The lowest was 83.04%. And the median was 83.47%.


HCA Healthcare Gross Profit Historical Data

The historical data trend for HCA Healthcare's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HCA Healthcare Gross Profit Chart

HCA Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42,855.00 43,164.00 49,271.00 50,862.00 55,066.00

HCA Healthcare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,068.00 13,168.00 13,383.00 13,796.00 14,719.00

Competitive Comparison of HCA Healthcare's Gross Profit

For the Medical Care Facilities subindustry, HCA Healthcare's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HCA Healthcare's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HCA Healthcare's Gross Profit distribution charts can be found below:

* The bar in red indicates where HCA Healthcare's Gross Profit falls into.



HCA Healthcare Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

HCA Healthcare's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=64968 - 9902
=55,066

HCA Healthcare's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=17303 - 2584
=14,719

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $55,066 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

HCA Healthcare's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=14,719 / 17303
=85.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


HCA Healthcare  (NYSE:HCA) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

HCA Healthcare had a gross margin of 85.07% for the quarter that ended in Dec. 2023 => Durable competitive advantage


HCA Healthcare Gross Profit Related Terms

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HCA Healthcare (HCA Healthcare) Business Description

Traded in Other Exchanges
Address
One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2022, the firm owned and operated 182 hospitals, 126 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.
Executives
Kathryn A. Torres officer: SVP- Employer&Payer Engagement ONE PARK PLAZA, NASHVILLE TN 37203
Jeffrey E. Cohen officer: SVP-Government Relations ONE PARK PLAZA, NASHVILLE TN 37203
Kathleen M Whalen officer: SVP & Chief Ethics Officer ONE PARK PLAZA, NASHVILLE TN 37203
Michael S. Cuffe officer: President-Physician Services ONE PARK PLAZA, NASHVILLE TN 37203
Erol R Akdamar officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
P. Martin Paslick officer: SVP and CIO ONE PARK PLAZA, NASHVILLE TN 37203
Jennifer Berres officer: SVP & Chief Human Res. Officer ONE PARK PLAZA, NASHVILLE TN 37203
Bill B Rutherford officer: CFO - Eastern Group ONE PARK PLAZA, NASHVILLE TN 37203
Deborah M Reiner officer: SVP - Mktg. & Communications ONE PARK PLAZA, NASHVILLE TN 37048
Jon M Foster officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Christopher F. Wyatt officer: SVP & Controller ONE PARK PLAZA, NASHVILLE TN 37203
Timothy M Mcmanus officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Richard A Hammett officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Mike A Marks officer: SVP-Finance ONE PARK PLAZA, NASHVILLE TN 37203
Moore A Bruce Jr officer: SVP-Operations Administration ONE PARK PLAZA, NASHVILLE TN 37203

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