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HCA Healthcare HCA National Group — Intangible Assets Net Including Goodwill

Other segment segments

American Group
$5.69B+1.8%
Atlantic Group
$2.21B+4.2%
Corporate And Other
$1.16B+1.0%

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Other financials

Income statement

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Revenue$20.2B+8.7%
Net income$1.7B+2.8%
EPS (diluted)$7.62+11.6%

Balance sheet

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Cash & equivalents$1.0B+7.9%
Total debt$57.8B+12.3%
Total equity-$6.6B-51.2%
Total assets$63.3B+6.2%

Cash flow

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Operating cash flow$2.3B-44.5%
CapEx$1.2B+4.7%
Free cash flow$1.1B-63.6%

Valuation

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Market cap$88.03B+0.7%
Enterprise value$144.83B+5.0%
P/E12.9×-1.8×
P/S1.1×-0.1×

Profitability

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Net margin8.8%+0.6pp
FCF margin7.7%-2.3pp

Returns & leverage

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Return on equity-124%
Debt / equity132.8×
Current ratio0.0×

Where this comes from

Reported directly by HCA Healthcare in its filing.

Tagged under the XBRL concept us-gaap:IntangibleAssetsNetIncludingGoodwill.

The source filing: HCA Healthcare’s 10-K, filed February 10, 2026.

Filed
Feb 10, 2026, 4:27 PM EST
Fiscal year
FY2025
Accession
0001193125-26-044769
Line itemNational GroupAtlantic GroupAmerican GroupCorporateand OtherTotal
Foreign currency translation, amortization and other(3)(1)(66)(70)
Balance at December 31, 20231,2412,0645,4781,1629,945
Acquisitions611054170
Foreign currency translation, amortization and other(4)(1)3(20)(22)
Balance at December 31, 20241,2372,1245,5861,14610,093
Acquisitions21901016218
Foreign currency translation, amortization and other(24)15(18)
Balance at December 31, 2025$1,234$2,214$5,688$1,157$10,293

Item 16. Form 10-K Summary

FAQ

What is HCA Healthcare's national group — intangible assets net including goodwill?
HCA Healthcare (HCA) reported national group — intangible assets net including goodwill of $1.23B in Q4 2025.
How has HCA Healthcare's national group — intangible assets net including goodwill changed year-over-year?
HCA Healthcare's national group — intangible assets net including goodwill decreased by 0.2% year-over-year, from $1.24B to $1.23B.
What does national group — intangible assets net including goodwill mean?
The net book value of non-physical assets, including goodwill, trademarks, and patient lists, acquired through business combinations. This represents the premium paid for acquisitions over the fair value of tangible assets. It is a key indicator of historical M&A activity and potential future impairment risks.

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