HCA Q3 2020 Earnings Report

HCA Healthcare's financial performance saw revenue increase year-over-year, while net income also increased.

Key Takeaways

HCA Healthcare reported a revenue increase to $13.311 billion compared to $12.694 billion in the third quarter of 2019. Net income attributable to HCA Healthcare, Inc. increased to $668 million, or $1.95 per diluted share, compared to $612 million, or $1.76 per diluted share, in the third quarter of 2019. The results include a reversal of government stimulus income from CARES Act funds. Cash flows from operating activities totaled $2.717 billion.

Revenues totaled $13.311 billion.

Net income attributable to HCA Healthcare, Inc. totaled $668 million, or $1.95 per diluted share.

Adjusted EBITDA totaled $2.053 billion.

Cash flows from operating activities totaled $2.717 billion.

Total Revenue

$13.3B

Previous year: $12.7B