HCA Healthcare, Inc.

HCA Healthcare, Inc.

510.70
USD
+47.84
(+10.34%)
34.76EPS
13.79P/E
89.99BMarket Cap
Feb 02Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
77.76
87.8
99.51
111.97
124.58
136.13
151.68
151.82
192.33
207.45
244.67
282.43
336.59
359.37
Basic EPS, GAAP
3.54
4.46
5.34
7.8
6.33
11.04
10.36
11.06
22.77
19.44
19.74
23.04
30.2
30.94
Free Cash Flow per Basic Share
3.95
5.4
5.92
7.81
6.89
9.3
10.18
18.85
17.62
14.21
17.65
22.56
34.25
27.27
Dividend per Share
0.04
0.02
- -
- -
- -
1.42
1.63
0.45
2.04
2.25
2.49
2.76
3.02
3.11
Book Value per Share
-18.81
-18.77
-19.06
-19.71
-19.44
-14.44
-8.3
1.69
-3.05
-9.98
-6.68
-10
-26.83
-38.3
Tangible Book Value per Share
-32.24
-34.03
-35.94
-37.8
-40.56
-37.63
-32.73
-23.59
-34.28
-44.78
-44.13
-50.37
-72.66
-91.41
Basic Weighted Avg Shares
440
420
399
371
350
343
338
339
305
290
266
250
225
219
Sales/Revenue/Turnover
34,182
36,918
39,678
41,490
43,614
46,677
51,336
51,533
58,752
60,233
64,968
70,603
75,600
78,701
Operating Margin (%)
14.02
15.07
15.03
14.94
13.89
14.23
14.06
14.09
16.47
15.03
14.82
14.94
15.83
15.31
Depreciation Expense
1,753
1,820
1,904
1,966
2,131
2,278
2,596
2,721
2,853
2,969
3,077
3,312
3,523
3,739
Net Income, GAAP
1,556
1,875
2,129
2,890
2,216
3,787
3,505
3,754
6,956
5,643
5,242
5,760
6,784
6,776
Effective Tax Rate (%)
32.25
31.83
31.87
28.65
37.39
17.73
20.96
19.21
21.48
20.35
20.96
21.89
20.85
20.6
Profit Margin (%)
4.55
5.08
5.37
6.97
5.08
8.11
6.83
7.28
11.84
9.37
8.07
8.16
8.97
8.61
Working Capital
2,342
3,450
3,716
3,252
3,819
2,644
3,439
3,629
3,960
3,741
2,272
1,237
-567
-3,560
LT Debt
27,590
29,088
30,255
31,160
32,858
32,033
35,076
32,468
36,097
39,466
39,072
40,196
43,456
44,333
Total Equity
-6,928
-6,498
-6,046
-5,633
-4,995
-2,918
-565
2,892
1,489
-73
1,060
555
-2,771
-4,599
Return on Invested Capital (%)
20.06
20.54
20.23
22.81
17.18
21.89
16.94
15.7
23.67
20.7
18.15
18.43
20.51
20.91
Return on Capital (%)
11.27
11.56
11.38
14.21
10.21
15.97
13.27
12.4
20.01
14.91
14.27
14.59
16.5
16.58
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
8,532
6,264
8,093
LT Borrowings
39,491
43,454
42,400
LT Finance Leases
1,822
1,834
1,933
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
223
218
211
Market Capitalization
105,311
84,982
89,991

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
16,052
17,190
16,219
Cash, Cash Equivalents & STI
940
1,013
908
Accounts Receivable, Net
11,324
12,281
11,509
Inventories
1,681
1,662
1,670
Total Current Liabilities
19,258
17,312
19,779
Payables & Accruals
10,726
11,048
11,686
ST Debt
8,532
6,264
8,093
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-310.46%
-470.48%
-599.28%
Free Cash Flow
16.31%
6.22%
36.41%
Net Income, GAAP
16.99%
17.39%
17.78%
Sales/Revenue/Turnover
6.72%
8.03%
7.08%
Total Cash Common Dividend
- -
63.3%
-1.59%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17,339
17,492
17,487
18,285
70,603
2025
18,321
18,605
19,161
19,513
75,600
2026
19,109
20,230
19,849
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.04
5.64
4.99
5.75
23.04
2025
6.63
7
7.15
8.36
30.2
2026
7.28
7.79
7.49
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.7
0.66
0.66
0.66
2.76
2025
0.74
0.72
0.72
0.72
3.02
2026
0.82
0.78
0.78
- -
- -

Company Description

CEO
Samuel N. Hazen
Full Time Employees
320,000
Sector
Health services
Industry
Hospital/Nursing management
Address
One Park Plaza Nashville TN United States 37203
IPO Date
Mar 9, 2011
Business
HCA Healthcare, Inc. (NYSE: HCA) operates as one of the largest for-profit health systems in the United States, owning and managing approximately 190 hospitals and 2,400 ambulatory sites of care including surgery centers, freestanding emergency rooms, urgent care centers, diagnostic and imaging centers, walk-in clinics, and physician clinics; it provides a comprehensive range of services encompassing acute inpatient care, outpatient services, emergency services, surgical services, diagnostic imaging, rehabilitation services, cardiology, oncology, orthopedics, neurology, and advanced maternal and fetal care across 20 states and the United Kingdom. Founded in 1968 by Dr. Thomas F. Frist Sr., Dr. Thomas F. Frist Jr., and Jack C. Massey, the company is headquartered in Nashville, Tennessee, and serves approximately 44 million patient encounters annually through its integrated network focused on high-quality, convenient care for diverse patient populations including those requiring high-acuity treatments and community-based services. HCA Healthcare maintains significant market presence in key regions such as Florida with 47 hospitals and 31 surgery centers, Texas with 45 hospitals and over 600 affiliated sites, and Tennessee with 13 hospitals, while supporting medical education as the largest sponsor of graduate medical education programs in the U.S. with 56 teaching hospitals. Recent strategic developments include the rollout of the cloud-based MEDITECH Expanse electronic health record platform across all acute care facilities to enhance data insights, care coordination, and innovation; the launch of CareIntel for Perinatal in collaboration with GE HealthCare to advance maternal and fetal healthcare through AI-driven clinical insights; implementation of virtual nursing programs and digital transformation initiatives to streamline operations and improve patient outcomes; authorization of a $10 billion share repurchase program in January 2025 with ongoing executions totaling billions in recent years; and planned expansions such as a new 68-bed hospital in Clarksville, Tennessee, alongside facility enhancements in Florida and California. In April 2025, HCA divested Regional Medical Center in East San Jose, California, to Santa Clara Valley Healthcare for $150 million, reflecting selective portfolio optimization amid broader growth efforts.

Company News

  • Healthcare Stocks Bounce on Midterm Results. A Bull Market Case Is Developing.

  • Why HCA Healthcare (HCA) is a Top Growth Stock for the Long-Term

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of HCA Healthcare, Inc. – HCA

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  • HCA Announces Proposed Public Offering of Senior Notes

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of HCA Healthcare, Inc. - HCA

  • More Than 100 HCA Healthcare Hospitals Recognized by Healthgrades for Excellence in Specialty Care

  • HCA Healthcare: Payer Mix Pressures, But Broad Trends On Track

  • HCA Healthcare Analysts Raise Their Forecasts Following Better-Than-Expected Q3 Results

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of HCA Healthcare, Inc. – HCA

  • HCA Healthcare, Inc. (HCA) Q3 2026 Earnings Call Transcript

  • What HCA Healthcare (HCA) Said on Its Q3 Earnings Call

  • HCA Healthcare Q3 Earnings Beat Estimates on Higher Admissions

  • HCA Healthcare Beats Wall Street Estimates, But $400 Million Coverage Gap Trips the Stock

  • HCA (HCA) Reports Q3 Earnings: What Key Metrics Have to Say

  • HCA Healthcare (HCA) Q3 Earnings and Revenues Top Estimates

  • HCA Healthcare Reports Third Quarter 2026 Results

  • HCA Healthcare Profit Slips but Revenue Rises

  • HCA Healthcare Reports Third Quarter 2026 Results