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Sep 30, 2022

HCA Q3 2022 Earnings Report

HCA Healthcare's financial performance declined in Q3 2022, impacted by comparison to prior year and Hurricane Ian.

Key Takeaways

HCA Healthcare reported a decrease in revenues and net income for the third quarter of 2022 compared to the same period in 2021. Revenues totaled $14.971 billion, and net income attributable to HCA Healthcare was $1.134 billion, or $3.91 per diluted share. The results were impacted by a difficult comparison to the prior year due to the COVID-19 Delta variant and Hurricane Ian.

Revenues totaled $14.971 billion.

Net income attributable to HCA Healthcare totaled $1.134 billion, or $3.91 per diluted share.

Adjusted EBITDA totaled $2.902 billion.

Cash flows from operating activities totaled $3.020 billion.

Total Revenue
$15B
Previous year: $15.3B
-2.0%
EPS
$3.93
Previous year: $4.57
-14.0%
Number of Hospitals
182
Previous year: 183
-0.5%
Licensed Beds
49.18K
Previous year: 48.95K
+0.5%
Occupancy
70.8%
Previous year: 70.7%
+0.1%
Gross Profit
$12.7B
Previous year: $12.8B
-1.3%
Cash and Equivalents
$999M
Previous year: $1.03B
-2.7%
Free Cash Flow
$1.89B
Previous year: $1.39B
+36.1%
Total Assets
$51.5B
Previous year: $49.6B
+3.9%

HCA

HCA

Forward Guidance

The press release contains forward-looking statements that involve risks and uncertainties. The company undertakes no obligation to revise or update any forward-looking statements.