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Discontinued — last reported Q4 '25

Non-Current Assets

Goodwill

HCA Healthcare Goodwill increased by 0.2% to $10.29B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.0%, from $10.09B to $10.29B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 3.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2012
Last reportedQ4 2025Feb 10, 2026

How to read this metric

An increase indicates recent M&A activity, while a decrease typically signals impairment charges due to underperformance.

Detailed definition

This represents the premium paid over the fair value of identifiable net assets during business acquisitions. It reflect...

Peer comparison

High for companies with aggressive acquisition-led growth strategies; peers often show significant goodwill balances.

Metric ID: goodwill

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$8.68B$9.15B$9.54B$9.53B$9.59B$9.65B$9.65B$9.59B$9.64B$9.78B$9.95B$9.97B$9.96B$9.98B$10.09B$10.24B$10.27B$10.28B$10.29B
QoQ Change+5.4%+4.2%-0.2%+0.7%+0.6%+0.0%-0.7%+0.5%+1.4%+1.7%+0.2%-0.0%+0.2%+1.1%+1.4%+0.4%+0.0%+0.2%
YoY Change+10.5%+5.4%+1.2%+0.7%+0.5%+1.3%+3.0%+3.9%+3.3%+2.1%+1.5%+2.7%+3.1%+2.9%+2.0%
Range$8.68B$10.29B
CAGR+3.9%
Avg YoY Growth+3.0%
Median YoY Growth+2.7%
Current Streak6 quarters growth

Business Segments

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
American Group$5.06B$5.15B$5.48B$5.59B$5.69B
Atlantic Group$2.06B$2.12B$2.21B
National Group$1.21B$1.24B$1.24B$1.24B$1.23B
Corporate And Other$1.3B$1.2B$1.16B$1.15B$1.16B
Total$9.54B$9.65B$9.95B$10.09B$10.29B

Frequently Asked Questions

What is HCA Healthcare's goodwill?
HCA Healthcare (HCA) reported goodwill of $10.29B in Q4 2025.
How has HCA Healthcare's goodwill changed year-over-year?
HCA Healthcare's goodwill increased by 2.0% year-over-year, from $10.09B to $10.29B.
What is the long-term trend for HCA Healthcare's goodwill?
Over 5 years (2020 to 2025), HCA Healthcare's goodwill has grown at a 3.7% compound annual growth rate (CAGR), from $8.58B to $10.29B.
What does goodwill mean?
The excess price paid for acquisitions over the actual value of the assets acquired.