Non-Current Assets

PP&E (Net)

HCA Healthcare PP&E (Net) increased by 1.9% to $31.14B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $29.41B to $31.14B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 6.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

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$23.47B$23.55B$24.06B$24.23B$24.59B$24.98B$25.58B$26.05B$26.64B$27.12B$27.72B$28.10B$28.64B$29.05B$29.41B$29.74B$30.12B$30.57B$31.14B
QoQ Change+0.3%+2.2%+0.7%+1.5%+1.6%+2.4%+1.9%+2.3%+1.8%+2.2%+1.4%+1.9%+1.4%+1.3%+1.1%+1.3%+1.5%+1.9%
YoY Change+4.8%+6.1%+6.3%+7.5%+8.4%+8.6%+8.4%+7.8%+7.5%+7.1%+6.1%+5.8%+5.2%+5.2%+5.9%
Range$23.47B$31.14B
CAGR+6.5%
Avg YoY Growth+6.7%
Median YoY Growth+6.3%
Current Streak18+ quarters growth

Frequently Asked Questions

What is HCA Healthcare's pp&e (net)?
HCA Healthcare (HCA) reported pp&e (net) of $31.14B in Q4 2025.
How has HCA Healthcare's pp&e (net) changed year-over-year?
HCA Healthcare's pp&e (net) increased by 5.9% year-over-year, from $29.41B to $31.14B.
What is the long-term trend for HCA Healthcare's pp&e (net)?
Over 5 years (2020 to 2025), HCA Healthcare's pp&e (net) has grown at a 6.1% compound annual growth rate (CAGR), from $23.20B to $31.14B.
What does pp&e (net) mean?
The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.