Kaiser Permanente
Financial Performance
Kaiser Permanente Revenue & Financials
Revenue
$110.8B (FY2024)
Net Income
$4.1B
Employees
235,000
What is Kaiser Permanente's revenue?
Kaiser Permanente had $110.8B in revenue for fiscal year 2024, up 9.9% from 2023. Net income was $4.1B.
- Latest revenue
- $110.8B (FY2024)
- Year-over-year
- +9.9%
- Growth rate (CAGR)
- 6.9% over 9 years
- Peak revenue
- $110.8B (FY2024)
- Years of data
- 10
- Employees
- 235,000
- What is Kaiser Permanente's operating income?
- Kaiser Permanente reported operating income of $569M for fiscal year 2024. about.kaiserpermanente.org
- How much profit does Kaiser Permanente make?
- Kaiser Permanente reported net income of $4.1B for fiscal year 2024. about.kaiserpermanente.org
- How many employees does Kaiser Permanente have?
- Kaiser Permanente has about 235,000 employees.
Financial Analysis
Kaiser Permanente exhibits massive financial scale, substantial cash reserves, and exceptional creditworthiness. In fiscal year 2024, Kaiser Permanente generated $100.8 billion in operating revenues, up from $95.4 billion in the prior year. Operating income was $329 million, with total net income reaching $4.1 billion, bolstered by strong investment returns on its $120+ billion investment and retirement portfolio. Capital expenditures exceeded $3.5 billion, invested into constructing modern, seismic-resistant medical campuses and expanding digital clinical tools. Kaiser maintains top-tier AA- credit ratings from S&P and Fitch with robust liquidity reserves.
Revenue Trend Analysis
YoY Change
+9.9%
9-Year CAGR
+6.9%
Peak Year
2024
Trend
Consistent Growth
Kaiser Permanente has 10 full fiscal year figures on this page, compounding at +6.9% annually over 9 years. The most recent year saw a 9.9% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $110.8B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Operating Income | Net Income | YoY Change | Source |
|---|---|---|---|---|---|
| FY2024 | $110.8B | $569M | $4.1B | +9.9% | Kaiser Foundation Health Plan and Hospitals 2024 Audited Combined Financial Statements Core operating revenue reached $110.8B (consolidated $115.8B including Risant Health acquisitions). Operating income was $569M with total net income of $4.1B excluding one-time acquisition accounting adjustments. |
| FY2023 | $100.8B | $329M | $4.1B | +5.7% | Kaiser Foundation Health Plan and Hospitals 2023 Audited Combined Financial Statements Operating revenue rose 5.7% to $100.8B with operating income of $329M. Net income rebounded to $4.1B supported by $3.8B in investment market gains. |
| FY2022 | $95.4B | -$1.3B | -$4.5B | +2.5% | Kaiser Foundation Health Plan and Hospitals 2022 Audited Combined Financial Statements Operating revenues of $95.4B faced severe inflation and post-pandemic utilization, yielding an operating loss of $(1.3)B and total net loss of $(4.5)B due to financial market declines. |
| FY2021 | $93.1B | $611M | $8.1B | +5.0% | Kaiser Foundation Health Plan and Hospitals 2021 Audited Combined Financial Statements Operating revenue reached $93.1B with operating income of $611M; net income surged to $8.1B fueled by $7.5B in investment market returns. |
| FY2020 | $88.7B | $2.2B | $6.4B | +5.0% | Kaiser Foundation Health Plan and Hospitals 2020 Audited Combined Financial Statements Operating revenue grew to $88.7B with operating income of $2.2B and net income of $6.4B during the initial pandemic surge. |
| FY2019 | $84.5B | $2.7B | $7.4B | +6.0% | Kaiser Foundation Health Plan and Hospitals 2019 Audited Combined Financial Statements Operating revenue was $84.5B with operating income of $2.7B (3.2% operating margin) and net income of $7.4B bolstered by strong investment portfolios. |
| FY2018 | $79.7B | $1.9B | $2.5B | +9.6% | Kaiser Foundation Health Plan and Hospitals 2018 Audited Combined Financial Statements Operating revenue rose 9.6% to $79.7B with operating income of $1.9B and net income of $2.5B. |
| FY2017 | $72.7B | $2.2B | $3.8B | +12.5% | Kaiser Foundation Health Plan and Hospitals 2017 Audited Combined Financial Statements Operating revenues expanded to $72.7B, driven in part by the integration of Group Health Cooperative in Washington State. |
| FY2016 | $64.6B | $1.9B | $3.1B | +6.4% | Kaiser Foundation Health Plan and Hospitals 2016 Audited Combined Financial Statements Operating revenue grew 6.4% to $64.6B with operating income of $1.9B (3.0% margin) and net income of $3.1B. |
| FY2015 | $60.7B | $1.8B | $1.9B | — | Kaiser Foundation Health Plan and Hospitals 2015 Audited Combined Financial Statements Operating revenue surpassed $60B for the first time, reaching $60.7B with operating income of $1.8B and net income of $1.9B. |
Click any row to see year details.
Keep researching Kaiser Permanente
Kaiser Permanente Revenue and Financial FAQ
What was Kaiser Permanente's latest reported annual revenue?
In its latest audited financial reporting period, Kaiser Permanente recorded consolidated net revenue of $100.8B, demonstrating durable revenue growth across its primary operating divisions.
How profitable is Kaiser Permanente?
Kaiser Permanente generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Kaiser Permanente's capital and liquidity position?
Kaiser Permanente maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Kaiser Permanente distribute capital to shareholders?
Kaiser Permanente executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Kaiser Permanente Revenue & Financials." CorpDigest, https://corpdigest.com/company/kaiser-permanente/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Kaiser Permanente reported $110.8B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/kaiser-permanente/financials" target="_blank" rel="noopener">CorpDigest — Kaiser Permanente financials</a></div>Related Financial Audits
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