What is HCA Healthcare's capex?

HCA Healthcare (HCA) reported capex of $1.12B in Q1 2026.

How has HCA Healthcare's capex changed year-over-year?

HCA Healthcare's capex increased by 12.9% year-over-year, from $991M to $1.12B.

What is the long-term trend for HCA Healthcare's capex?

Over 4 years (2021 to 2025), HCA Healthcare's capex has grown at a 8.4% compound annual growth rate (CAGR), from $3.58B to $4.94B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

HCA Healthcare HCA CapEx

CapEx at other companies

HumanaHUM

$121M+27.4%

Tenet HealthcareTHC

$180M+4.0%

Universal Health ServicesUHS

$217.16M-9.1%

Community Health SystemsCYH

$76M-10.6%

Nutex Health Inc.NUTX

$1.2M+1,777%

Acadia HealthcareACHC

$76.56M-56.2%

Other financials

Income statement

See full

Revenue$19.1B+4.3%

Net income$1.6B+0.6%

EPS (diluted)$7.15+10.9%

Balance sheet

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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

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Operating cash flow$2.0B+22.0%

Free cash flow$895.0M+35.6%

Valuation

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Market cap$86.89B-4.7%

Enterprise value$135.8B-4.2%

P/E12.8×-2.5×

P/S1.1×-0.1×

Profitability

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Net margin8.9%+0.8pp

FCF margin10.4%+3.5pp

Returns & leverage

See full

Return on equity-138.3%—

Debt / equity132.8×—

Current ratio0.8×-0.4×

Where this comes from

Reported directly by HCA Healthcare in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: HCA Healthcare’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HCA Healthcare's capex?: HCA Healthcare (HCA) reported capex of $1.12B in Q1 2026.
How has HCA Healthcare's capex changed year-over-year?: HCA Healthcare's capex increased by 12.9% year-over-year, from $991M to $1.12B.
What is the long-term trend for HCA Healthcare's capex?: Over 4 years (2021 to 2025), HCA Healthcare's capex has grown at a 8.4% compound annual growth rate (CAGR), from $3.58B to $4.94B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.