HCA Healthcare (HCA) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to the prior quarter and rose sharply versus the same quarter last year. The sequential gain was modest, while the year-over-year growth was substantial.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to the prior quarter and rose sharply versus the same quarter last year. The sequential gain was modest, while the year-over-year growth was substantial.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$17.5B
Revenue reported for this quarter.
Quarter-over-quarter
+0.9%
Change from the immediately preceding quarter.
Year-over-year
+10.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$68.3B
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 |
|---|---|---|
| Sep 30, 2023 | $16.2B | +8.3% |
| Dec 31, 2023 | $17.3B | +11.7% |
| Mar 31, 2024 | $17.3B | +11.2% |
| Jun 30, 2024 | $17.5B | +10.3% |
Revenue performance
Reported revenue moved higher, continuing the upward trajectory seen in recent quarters. The increase from the immediately preceding quarter was relatively small, but the comparison with the same quarter one year earlier showed a much larger gain.
Quarterly comparison
Compared to the prior quarter, revenue edged up, reflecting a slower pace of growth. In contrast, revenue was significantly higher than the same quarter one year ago, indicating a strong year-over-year performance.
What to watch
The filing context does not provide specific commentary on revenue drivers for this quarter.