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Mar 31, 2022

HCA Q1 2022 Earnings Report

HCA Healthcare's financial performance was reported for Q1 2022, revealing increased revenues but decreased net income compared to the same period last year. The company also revised its 2022 guidance due to higher than expected inflationary pressures on labor costs.

Key Takeaways

HCA Healthcare reported a revenue increase for Q1 2022, but net income decreased. The company revised its 2022 guidance due to inflationary pressures on labor costs.

Revenues totaled $14.945 billion.

Net income attributable to HCA Healthcare, Inc. totaled $1.273 billion, or $4.14 per diluted share.

Adjusted EBITDA totaled $2.944 billion.

Cash flows from operating activities totaled $1.345 billion.

Total Revenue
$14.9B
Previous year: $14B
+6.9%
EPS
$4.12
Previous year: $4.14
-0.5%
Admissions
506.96K
Previous year: 506.38K
+0.1%
Number of Hospitals
182
Previous year: 186
-2.2%
Licensed Beds
48.89K
Previous year: 49.56K
-1.3%
Gross Profit
$12.6B
Previous year: $11.8B
+7.4%
Cash and Equivalents
$2.37B
Previous year: $1.03B
+130.2%
Free Cash Flow
$484M
Previous year: $1.33B
-63.7%
Total Assets
$52.2B
Previous year: $47.3B
+10.4%

HCA

HCA

Forward Guidance

The 2022 guidance ranges for the year have been revised from our fourth quarter release.