E — Health CareEIN: 450233470

Banner Health

Phoenix, Arizona

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 354 peers in Health Care with >$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.90×
Peer Median0.58×
💰
$9.5B
Total Revenue
📊
$8.7B
Total Expenses
🏦
$7.8B
Net Assets
📋
$7.2B
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.6%
Year-over-year change (2022 → 2023)
Net Margin
+8.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.90
Net assets divided by total expenses
Liabilities-to-Assets
48.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,479,573,911↑12%$8,672,348,619↑7%$15,047,925,041↑10%
2022$8,495,325,836↓3%$8,128,108,942↑1%$13,723,050,138↓8%
2021$8,751,255,377↑17%$8,082,987,870↑16%$14,870,303,928↑3%
2020$7,472,338,143↑5%$6,985,175,186↑8%$14,496,823,687↑15%
2019$7,138,466,898↑5%$6,456,059,999↑7%$12,582,869,489↑15%
2018$6,767,434,029↑5%$6,040,816,623↑4%$10,967,547,022↓2%
2017$6,471,226,738↑2%$5,798,241,480$11,219,408,293↑13%
2016$6,326,720,478↑8%$5,774,727,529↑6%$9,892,110,004↑4%
2015$5,873,490,598↑23%$5,428,669,563↑25%$9,499,405,153↑14%
2014$4,769,437,583↑7%$4,353,104,270↑9%$8,339,421,425↑7%
2013$4,462,552,866↑5%$3,980,289,007↑4%$7,822,359,332↑9%
2012$4,252,663,741↑1%$3,840,238,518↓2%$7,161,870,437↑14%
2011$4,221,287,426$3,925,202,020$6,298,332,280

Frequently Asked Questions

What does Banner Health do?▼

Banner Health is a health care nonprofit organization based in Arizona. It is classified under NTEE code E210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Banner Health financially healthy?▼

Based on our 9-metric Financial Health Score model, Banner Health has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Banner Health generate?▼

Banner Health reports $10.8B in annual revenue and holds $17.7B in total assets, based on IRS filings.

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