HCA Healthcare (HCA) Revenue — Quarter Ended Sep 30, 2023
Revenue increased versus both the prior quarter and the same quarter last year. The sequential rise was modest, while the annual comparison showed a stronger gain.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased versus both the prior quarter and the same quarter last year. The sequential rise was modest, while the annual comparison showed a stronger gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$16.2B
Revenue reported for this quarter.
Quarter-over-quarter
+2.2%
Change from the immediately preceding quarter.
Year-over-year
+8.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$63.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $15.5B | +2.9% |
| Mar 31, 2023 | $15.6B | +4.3% |
| Jun 30, 2023 | $15.9B | +7.0% |
| Sep 30, 2023 | $16.2B | +8.3% |
Revenue performance
The company reported higher revenue for the quarter, continuing the upward trend seen in recent periods.
Quarterly comparison
Sequentially, revenue rose at a moderately slower pace, while the year-over-year comparison reflected a solid increase.
What to watch
The decline in working capital from the end of the prior fiscal year is a point to monitor.