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HCA Healthcare HCA Construction in progress

Construction in progress at other companies

Universal Health Services logo
Universal Health ServicesUHS
$1.13B+34.5%
Healthpeak Properties logo
Healthpeak PropertiesDOC
$1.06B+9.8%

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$89.49B-0.1%
Enterprise value$146.3B+4.4%
P/E13.1×-1.9×
P/S1.2×-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 ratio1×0.0×

Where this comes from

Reported directly by HCA Healthcare in its filing.

Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.

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 item20252024
Land3,4153,295
Buildings23,72622,691
Equipment36,98934,670
Construction in progress2,1451,858
66,27562,514
Accumulated depreciation(35,134)(33,100)
31,14129,414
Investments of insurance subsidiaries485569

Item 16. Form 10-K Summary

FAQ

What is HCA Healthcare's construction in progress?
HCA Healthcare (HCA) reported construction in progress of $2.15B in Q4 2025.
How has HCA Healthcare's construction in progress changed year-over-year?
HCA Healthcare's construction in progress increased by 15.4% year-over-year, from $1.86B to $2.15B.
What is the long-term trend for HCA Healthcare's construction in progress?
Over 5 years (2020 to 2025), HCA Healthcare's construction in progress has grown at a 7.5% compound annual growth rate (CAGR), from $1.5B to $2.15B.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

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