HCA Healthcare (HCA) FY2022 results: revenue $60.2 billion, up 2.5% on the year
HCA Healthcare, Inc. (HCA) reported revenue of $60.2 billion for fiscal 2022, the year ended 31 December 2022, up 2.5% on the year before. Net income was $5.6 billion, down 18.9%, and diluted earnings per share $19.15. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$60.2 billion
+2.5% on the year
FY2016FY2022
Operating margin
14.2%
16.7% a year earlier
FY2016FY2022
Net income
$5.6 billion
-18.9% on the year
FY2016FY2022
Diluted EPS
$19.15
-9.5% on the year
FY2016FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
8,522
8,959
9,232
-4.9%
Capital expenditure
4,395
3,577
2,835
+22.9%
Free cash flow
4,127
5,382
6,397
-23.3%
Free cash flow margin
6.9%
9.2%
12.4%
Cash from investing
-3,389
-2,643
-3,393
Cash from financing
-5,656
-6,655
-4,677
Depreciation and amortisation
2,969
2,853
2,721
+4.1%
Share-based compensation
341
440
362
-22.5%
Buybacks
7,000
8,215
441
-14.8%
Dividends paid
653
624
153
+4.6%
Dividend per share
$2.24
$1.92
$0.43
+16.7%
Diluted shares, weighted
295m
329m
344m
-10.4%
Shares outstanding at period end
277m
305m
339m
-9.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
-2,767
-933
572
Non-controlling interest
2,694
2,422
2,320
+11.2%
Debt
38,084
34,579
31,004
+10.1%
Operating lease liabilities
1,752
1,755
1,673
-0.2%
Finance lease liabilities
579
577
494
+0.3%
Other liabilities
12,096
12,342
11,427
-2.0%
Total liabilities and equity
52,438
50,742
47,490
+3.3%
Fixed assets
25,575
24,063
23,199
+6.3%
Investments
381
541
504
-29.6%
Cash and equivalents
908
1,451
1,793
-37.4%
Receivables
8,891
8,095
7,051
+9.8%
Inventory
2,068
1,986
2,025
+4.1%
Other assets
14,615
14,606
12,918
+0.1%
Total assets
52,438
50,742
47,490
+3.3%
10-K for the year ended 31 December 2022, filed 17 February 2023: the filing.