Other
Expected volatility
HCA Healthcare Expected volatility remained flat by 0.0% to 8.3% in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from 8.3% to 8.3%. Over 4 years (FY 2021 to FY 2025), Expected volatility shows relatively stable performance with a -2.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryOther
SignalLower is better
VolatilityStable
First reportedQ1 2017
Last reportedQ4 2025Feb 10, 2026
How to read this metric
Higher volatility increases the fair value of options, leading to higher compensation expense.
Detailed definition
The estimated volatility of the company's stock price used in the Black-Scholes or similar valuation models to price emp...
Peer comparison
Standard disclosure in the footnotes of financial statements for all public companies.
Metric ID:
other_share_based_compensation_arrangement_by_share_base_179d93Historical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | 36% | 34% | 36% | 33% | 33% |
| YoY Change | — | -5.6% | +5.9% | -8.3% | +0.0% |
Range33% – 36%
CAGR-2.2%
Avg YoY Growth-2.0%
Median YoY Growth-2.8%
Expected volatility at Other Companies
Frequently Asked Questions
- What is HCA Healthcare's expected volatility?
- HCA Healthcare (HCA) reported expected volatility of 8.3% in Q4 2025.
- How has HCA Healthcare's expected volatility changed year-over-year?
- HCA Healthcare's expected volatility decreased by 0.0% year-over-year, from 8.3% to 8.3%.
- What is the long-term trend for HCA Healthcare's expected volatility?
- Over 4 years (2021 to 2025), HCA Healthcare's expected volatility has grown at a -2.2% compound annual growth rate (CAGR), from 36.0% to 33.0%.
- What does expected volatility mean?
- The expected fluctuation in the company's stock price used to value employee stock options.