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Jun 30, 2022

HCA Q2 2022 Earnings Report

HCA Healthcare's financial performance reflected revenue growth, but net income and diluted earnings per share decreased compared to the prior year, impacted by labor market challenges and inflationary pressures.

Key Takeaways

HCA Healthcare reported a revenue increase for Q2 2022, but experienced a decrease in net income and diluted earnings per share compared to Q2 2021. The results reflect challenges related to the labor market and inflationary pressures.

Revenues totaled $14.820 billion.

Net income attributable to HCA Healthcare, Inc. totaled $1.155 billion, or $3.90 per diluted share.

Adjusted EBITDA totaled $3.042 billion.

Cash flows from operating activities totaled $1.630 billion.

Total Revenue
$14.8B
Previous year: $14.4B
+2.7%
EPS
$4.21
Previous year: $4.37
-3.7%
Admissions
515.11K
Previous year: 532.04K
-3.2%
Number of Hospitals
182
Previous year: 187
-2.7%
Licensed Beds
48.98K
Previous year: 49.69K
-1.4%
Gross Profit
$12.5B
Previous year: $12.1B
+3.8%
Cash and Equivalents
$858M
Previous year: $1.12B
-23.4%
Free Cash Flow
$550M
Previous year: $1.41B
-61.0%
Total Assets
$51.6B
Previous year: $48.2B
+7.1%

HCA

HCA

Forward Guidance

This press release contains forward-looking statements within the meaning of the federal securities laws, which involve risks and uncertainties.