CYHCommunity Health Systems, Inc.
Is the business good?
The checks split: margins widening, but thin cash backing (0.1×).
Operating profit outpaces operating cash flow, watch accruals and working capital. Conversion is worsening vs a year ago.
Operating margin has widened over the past few years, the business is getting more profitable per dollar of sales.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is CYH?
Community Health Systems, Inc. earns 13% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 4.4 points above what the capital costs: growth creates value
- Operating margin
- 11%
Operating margin · Medical Care Facilities median 9.3% · 12 months to Q2 2026
- Cash conversion
- 0.10×
Cash conversion · 0.71× a year ago · the operating profit has not turned into cash yet
- Share count, year on year
- +1.2%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | 9.6% |
| FY2021 | 11% |
| FY2022 | 6.7% |
| FY2023 | 7.7% |
| FY2024 | 4.3% |
| FY2025 | 12% |
Details›
- Gross margin12 months to Q2 2026
- 85%
- Operating margin12 months to Q2 2026
- 11%
- Net margin12 months to Q2 2026
- 2.1%
- Free cash flow margin
- −1.5%
- Revenue, trailing twelve months
- $12.0B
- Free cash flow, trailing twelve months
- −$185M
- Net income, trailing twelve months
- $252M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 13%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Medical Care Facilities
Ranks #18 of 27 by RyuScore