HCA Healthcare Inc


Market Cap$82.75B

Compare HCA Healthcare

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
HCA Healthcare IncHCA Healthcare Inc15.80.76%-295%1.3-22.3
marketMarket Avg49.61.28%30%6.11.1
HealthcareHealthcare Avg32.71.25%19%7.40.9

Earnings Call Q4 2023

January 30, 2024 - AI Summary

HCA Healthcare reported strong financial performance in Q4 2023, with diluted earnings per share (excluding gains on sales) increasing by 27% compared to the previous year.
Same-facility volumes across the company were strong, with admissions growing 3%, equivalent admissions up 4%, and emergency room visits growing 2% in the quarter.
The company experienced improved cost trends, resulting in solid operating margins and operating leverage in Q4.
HCA Healthcare plans to invest significantly in its long-term growth plans in 2024, including network expansion, digital capabilities, and workforce development. Capital spending is expected to be over $5 billion, and the share repurchase program will be enhanced to around $5 billion.
The company provided full-year 2024 guidance, expecting revenues between $67.75 billion and $70.25 billion, net income attributable to HCA Healthcare between $5.2 billion and $5.6 billion, adjusted EBITDA between $12.85 billion and $13.55 billion, and diluted earnings per share between $19.70 and $21.20.
Bill Rutherford, CFO of HCA Healthcare, announced his retirement after 34 years with the company. Mike Marks, a proven HCA executive, will succeed him as CFO. The Board also authorized a new $6 billion share repurchase program and increased the quarterly dividend from $0.60 to $0.66 per share.

Current Fair Value

1.3% upside

Undervalued by 1.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$82.75 Billion
Enterprise Value$121.40 Billion
Dividend Yield$2.3919 (0.76%)
Earnings per Share$18.96
Outstanding Shares264,498,700
Avg 30 Day Volume1,241,487


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio15.79
Price to Sales1.29
Price to Book Ratio-45.05
Enterprise Value to Revenue1.87
Enterprise Value to EBIT12.58
Enterprise Value to Net Income23
Total Debt to Enterprise0.33
Debt to Equity-22.32

Revenue Sources

No data

ESG Score

No data

About HCA Healthcare Inc

280,000 employees
CEO: Samuel Hazen

Nashville-based HCA Healthcare is one of the nation's leading providers of healthcare services comprising more than 2,000 sites of care, including 187 hospitals, surgery centers, freestanding ERs, urgent care centers, and physician clini...