Skip to content
HCA Healthcare logo

HCA Healthcare

HCA

HCA Healthcare is a leading provider of healthcare services, operating a vast network of general acute care, behavioral, and rehabilitation hospitals across the United States and England.

Market cap
$91.09B+0.5%
Revenue$76.4B+6.7%
Net income$6.8B+17.6%
Free cash flow$7.9B+60.2%
EPS (diluted)$29.04+29.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 24, 2026 (In 2 weeks)
Revenue estimate$19.4B
EPS estimate$7.37

Financials

Q1 2026

Income statement

See full
Revenue$19.1B+4.3%
Net income$1.6B+0.6%
EPS (diluted)$7.15+10.9%

Balance sheet

See full
Cash & equivalents$940.0M-11.3%
Total debt$49.8B+7.3%
Total equity-$6.3B-79.1%
Total assets$61.5B+2.8%

Cash flow

See full
Operating cash flow$2.0B+22.0%
CapEx$1.1B+12.9%
Free cash flow$895.0M+35.6%

Valuation & ratios

Valuation

See full
Market cap$91.09B+0.5%
Enterprise value$139.99B-0.8%
P/E13.4×-1.8×
P/S1.2×-0.1×

Profitability

See full
Net margin8.9%+0.8pp
FCF margin10.4%+3.5pp

Returns & leverage

See full
Current ratio0.8×-0.4×

Segments

By segment

See full
American Group$6.6B+3.7%
Atlantic Group$6.4B+3.2%
National Group$5.3B+5.1%
Corporate And Other$859.0M+13.3%

Competitors

Profile

HCA Healthcare is a leading provider of healthcare services, operating a vast network of general acute care, behavioral, and rehabilitation hospitals across the United States and England. The company focuses on delivering comprehensive medical care through integrated local networks supported by enterprise-scale resources and digital capabilities. Its core value proposition centers on providing high-quality, cost-effective clinical services across inpatient and outpatient settings.

Competitive position

HCA is one of the largest healthcare service providers in the U.S., leveraging significant economies of scale and a dense market presence in high-growth states like Florida and Texas.

GeographiesUnited States, United Kingdom
Customer segmentsGovernment (Medicare/Medicaid), Commercial Insurers, Individual Patients
Business modelFee-for-service, Value-based care, Prospective payment system (PPS)
SuppliersMedical device manufacturers, Pharmaceutical companies, Specialized medical staffing agencies, Healthcare IT and EHR software providers
CustomersPatients, Government health programs, Private health insurance companies, Self-insured employers
Listed2011
Employees310.0K
CEOSamuel N. Hazen
FilingsSEC EDGAR

Questions, answered.

What is HCA Healthcare's market cap?
HCA Healthcare (HCA) has a market capitalization of $91.1B and trades on NYSE.
What is HCA Healthcare's revenue and profitability?
HCA Healthcare generated $76.4B in trailing twelve-month revenue with net income of $6.8B, representing a net margin of 8.9%, with free cash flow of $7.9B. These figures are based on the Q1 2026 filing.
Who are HCA Healthcare's competitors?
HCA Healthcare's key competitors include Universal Health Services, Community Health Systems, Tenet Healthcare, and others. These companies compete in similar markets and product categories.
Who does HCA Healthcare partner with?
HCA Healthcare's notable partners include Galen College of Nursing, The Joint Commission, Google.
What subsidiaries does HCA Healthcare have?
HCA Healthcare's subsidiaries include HealthONE Swedish, St. David’s HealthCare, HCA Healthcare Foundation.
Where is HCA Healthcare headquartered?
HCA Healthcare is headquartered in United States of America and employs approximately 310,000 people. It has been publicly traded since 2011.