Earnings Per Share

12 Months Ended

Dec. 31, 2024

NOTE 5 — EARNINGS PER SHARE

We compute basic earnings per share using the weighted average number of common shares outstanding. We compute diluted earnings per share using the weighted average number of common shares outstanding plus the dilutive effect of outstanding SARs, RSUs and PSUs, computed using the treasury stock method. During 2024, 2023 and 2022, we repurchased 17.798 million shares, 14.465 million shares and 30.747 million shares, respectively, of our common stock.

The following table sets forth the computations of basic and diluted earnings per share for the years ended December 31, 2024, 2023 and 2022 (dollars and shares in millions, except per share amounts):


	2024		2023		2022
Net income attributable to HCA Healthcare, Inc.	$	5,760	$	5,242	$	5,643

Weighted average common shares outstanding		258.603		272.404		290.348
Effect of dilutive incremental shares		3.203		4.008		4.318
Shares used for diluted earnings per share		261.806		276.412		294.666
Earnings per share:
Basic earnings per share	$	22.27	$	19.25	$	19.43
Diluted earnings per share	$	22.00	$	18.97	$	19.15