HCA Healthcare (HCA) FY2021 results: revenue $58.8 billion, up 14.0% on the year
HCA Healthcare, Inc. (HCA) reported revenue of $58.8 billion for fiscal 2021, the year ended 31 December 2021, up 14.0% on the year before. Net income was $7.0 billion, up 85.3%, and diluted earnings per share $21.16. The figures are the company's own, from the 10-K it filed with the SEC on 18 February 2022.
Revenue
$58.8 billion
+14.0% on the year
FY2016FY2021
Operating margin
16.7%
10.5% a year earlier
FY2016FY2021
Net income
$7.0 billion
+85.3% on the year
FY2016FY2021
Diluted EPS
$21.16
+93.6% on the year
FY2016FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
8,959
9,232
7,602
-3.0%
Capital expenditure
3,577
2,835
4,158
+26.2%
Free cash flow
5,382
6,397
3,444
-15.9%
Free cash flow margin
9.2%
12.4%
6.7%
Cash from investing
-2,643
-3,393
-5,720
Cash from financing
-6,655
-4,677
-1,771
Depreciation and amortisation
2,853
2,721
2,596
+4.9%
Share-based compensation
440
362
347
+21.5%
Buybacks
8,215
441
1,031
+1,762.8%
Dividends paid
624
153
550
+307.8%
Dividend per share
$1.92
$0.43
$1.60
+346.5%
Diluted shares, weighted
329m
344m
348m
-4.3%
Shares outstanding at period end
305m
339m
338m
-10.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
-933
572
-2,808
Non-controlling interest
2,422
2,320
2,243
+4.4%
Debt
34,579
31,004
33,722
+11.5%
Operating lease liabilities
1,755
1,673
1,499
+4.9%
Finance lease liabilities
577
494
470
+16.8%
Other liabilities
12,342
11,427
9,932
+8.0%
Total liabilities and equity
50,742
47,490
45,058
+6.8%
Fixed assets
24,063
23,199
22,715
+3.7%
Investments
541
504
462
+7.3%
Cash and equivalents
1,451
1,793
621
-19.1%
Receivables
8,095
7,051
7,380
+14.8%
Inventory
1,986
2,025
1,849
-1.9%
Other assets
14,606
12,918
12,031
+13.1%
Total assets
50,742
47,490
45,058
+6.8%
10-K for the year ended 31 December 2021, filed 18 February 2022: the filing.