Return on Equity (ROE)
since 2011
Paying user area
Try for free
HCA Healthcare Inc. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to HCA Healthcare Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
HCA Healthcare Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income attributable to HCA Healthcare, Inc.1 | ÷ | Stockholders’ equity (deficit) attributable to HCA Healthcare, Inc.1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | = | 100 | × | ÷ | |||
| Dec 31, 2020 | = | 100 | × | ÷ | |||
| Dec 31, 2019 | = | 100 | × | ÷ | |||
| Dec 31, 2018 | = | 100 | × | ÷ | |||
| Dec 31, 2017 | = | 100 | × | ÷ | |||
| Dec 31, 2016 | = | 100 | × | ÷ | |||
| Dec 31, 2015 | = | 100 | × | ÷ | |||
| Dec 31, 2014 | = | 100 | × | ÷ | |||
| Dec 31, 2013 | = | 100 | × | ÷ | |||
| Dec 31, 2012 | = | 100 | × | ÷ | |||
| Dec 31, 2011 | = | 100 | × | ÷ |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
1 US$ in millions
The financial data reveals several significant trends in the company's performance and financial position over the analyzed period.
- Net Income Attributable to HCA Healthcare, Inc.
- From December 31, 2011, to December 31, 2021, the net income displays overall growth with notable fluctuations. The net income started at 2,465 million US dollars in 2011, declined over the next two years reaching 1,556 million in 2013, and then generally increased, peaking at 6,956 million US dollars by the end of 2021. The year 2021 shows a sharp increase compared to previous years, particularly marked by a rise from 3,754 million in 2020 to 6,956 million.
- Stockholders’ Equity Attributable to HCA Healthcare, Inc.
- Throughout most of the period, stockholders’ equity was negative, indicating a deficit position. The equity deficit deepened from -8,258 million in 2011 to a low of -9,660 million in 2012, followed by a gradual reduction in the deficit, reaching -933 million by 2021. Notably, the equity position improved substantially after 2017, moving closer to zero and even turning positive temporarily in 2020 at 572 million before declining back to -933 million in 2021.
- Return on Equity (ROE)
- ROE data is limited, with a recorded figure only for 2020 showing an exceptionally high value of 656.29%. This value likely reflects the abnormal relationship between net income and equity at that point in time, possibly due to the temporary positive equity in 2020 combined with a relatively high net income, which exaggerated the ROE metric.
Overall, the company's profitability as represented by net income demonstrates a positive trajectory with accelerated growth in recent years. Meanwhile, the net equity position has improved from a deep deficit, approaching neutrality around 2020 before dipping again in 2021. The extraordinary ROE figure in 2020 appears to be a consequence of these unusual equity dynamics rather than indicating sustainable profitability levels relative to equity. The data suggests improving operational results amid challenges in shareholders' equity management throughout the period.
Comparison to Competitors
HCA Healthcare Inc., ROE, long-term trends, comparison to competitors
| HCA Healthcare Inc. | Abbott Laboratories | Elevance Health Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|
| Dec 31, 2021 | ||||||
| Dec 31, 2020 | ||||||
| Dec 31, 2019 | ||||||
| Dec 31, 2018 | ||||||
| Dec 31, 2017 | ||||||
| Dec 31, 2016 | ||||||
| Dec 31, 2015 | ||||||
| Dec 31, 2014 | ||||||
| Dec 31, 2013 | ||||||
| Dec 31, 2012 | ||||||
| Dec 31, 2011 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Sector (Health Care Equipment & Services)
HCA Healthcare Inc., ROE, long-term trends, comparison to sector (health care equipment & services)
| HCA Healthcare Inc. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2021 | ||
| Dec 31, 2020 | ||
| Dec 31, 2019 | ||
| Dec 31, 2018 | ||
| Dec 31, 2017 | ||
| Dec 31, 2016 | ||
| Dec 31, 2015 | ||
| Dec 31, 2014 | ||
| Dec 31, 2013 | ||
| Dec 31, 2012 | ||
| Dec 31, 2011 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).
Comparison to Industry (Health Care)
HCA Healthcare Inc., ROE, long-term trends, comparison to industry (health care)
| HCA Healthcare Inc. | Health Care | |
|---|---|---|
| Dec 31, 2021 | ||
| Dec 31, 2020 | ||
| Dec 31, 2019 | ||
| Dec 31, 2018 | ||
| Dec 31, 2017 | ||
| Dec 31, 2016 | ||
| Dec 31, 2015 | ||
| Dec 31, 2014 | ||
| Dec 31, 2013 | ||
| Dec 31, 2012 | ||
| Dec 31, 2011 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).