HCA Healthcare (HCA) Revenue — Quarter Ended Mar 31, 2024
Revenue increased compared to both the prior quarter and the same quarter last year. The growth rate versus the prior quarter was modest, while the year-over-year increase was more pronounced.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased compared to both the prior quarter and the same quarter last year. The growth rate versus the prior quarter was modest, while the year-over-year increase was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$17.3B
Revenue reported for this quarter.
Quarter-over-quarter
+0.2%
Change from the immediately preceding quarter.
Year-over-year
+11.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$66.7B
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 |
|---|---|---|
| Jun 30, 2023 | $15.9B | +7.0% |
| Sep 30, 2023 | $16.2B | +8.3% |
| Dec 31, 2023 | $17.3B | +11.7% |
| Mar 31, 2024 | $17.3B | +11.2% |
Revenue performance
The reported revenue for the quarter was higher than the immediately preceding quarter, continuing an upward trend seen in recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was substantially higher. The sequential increase from the prior quarter was smaller in magnitude.
What to watch
The filing context does not provide specific risk factors or management discussion beyond standard headings, so no additional watch items are identified.