Non-Current Assets
Buildings and improvements
HCA Healthcare Buildings and improvements increased by 4.6% to $23.73B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.6%, from $22.69B to $23.73B. Over 5 years (FY 2020 to FY 2025), Buildings and improvements shows an upward trend with a 5.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025Feb 10, 2026
Parent metricPP&E (Net)
How to read this metric
Growth in this metric indicates ongoing investment in facility capacity, modernization, or geographic expansion.
Detailed definition
This includes the historical cost of hospital facilities, clinics, and administrative buildings, along with permanent im...
Peer comparison
This is a primary capital asset for healthcare providers, reflecting the scale and age of the hospital network.
Metric ID:
ppe_buildingsHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $19.21B | $20.22B | $21.56B | $22.69B | $23.73B |
| QoQ Change | — | +5.3% | +6.6% | +5.2% | +4.6% |
| YoY Change | — | +5.3% | +6.6% | +5.2% | +4.6% |
| % of PP&E (Net) | 79.8% | 79.1% | 77.8% | 77.1% | 76.2% |
| Share Change | — | -0.8pp | -1.3pp | -0.6pp | -1.0pp |
Range$19.21B – $23.73B
CAGR+23.5%
Avg YoY Growth+5.4%
Median YoY Growth+5.3%
Current Streak4+ quarters growth
Buildings and improvements at Other Companies
Frequently Asked Questions
- What is HCA Healthcare's buildings and improvements?
- HCA Healthcare (HCA) reported buildings and improvements of $23.73B in Q4 2025.
- How has HCA Healthcare's buildings and improvements changed year-over-year?
- HCA Healthcare's buildings and improvements increased by 4.6% year-over-year, from $22.69B to $23.73B.
- What is the long-term trend for HCA Healthcare's buildings and improvements?
- Over 5 years (2020 to 2025), HCA Healthcare's buildings and improvements has grown at a 5.1% compound annual growth rate (CAGR), from $18.47B to $23.73B.
- What does buildings and improvements mean?
- The historical cost of buildings and structural improvements owned by the company.