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HCA Healthcare HCA Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Business
American Group$26.68B+6.7%$26.45B+7.2%$26.08B+7.8%$25.47B+7.9%$25.02B+8.3%
Atlantic Group$24.91B+4.9%$24.71B+5.7%$24.38B+6.1%$23.98B+5.6%$23.74B+8.5%
Corporate And Other$3.27B+10.9%$3.17B+9.3%$3.09B+1.1%$3.03B-6.0%$2.95B-13.9%
National Group$21.53B+8.3%$21.28B+8.3%$20.82B+7.4%$20.23B+7.6%$19.89B+8.5%
Adjusted Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization by Business
American Group$6.29B+7.9%$6.3B+9.9%$6.21B+10.1%$5.99B+9.2%$5.83B+8.1%
Atlantic Group$5.62B+9.3%$5.64B+14.3%$5.39B+8.4%$5.19B+3.9%$5.14B+10.2%
National Group$5.23B+16.8%$5.1B+16.2%$4.94B+12.9%$4.66B+13.5%$4.48B+14.9%
Total Assets by Business
American Group$84.26B$83.62B$83.12B
Atlantic Group$71.57B$70.54B$69.76B
Corporate And Other$32.02B$32.23B$33.04B
National Group$53.61B$53.42B$52.68B
Operating Expenses Excluding Depreciation And Amortization Interest Expense Losses Gains On Sales Of Facilities Losses On Retirement Of Debt by Business
American Group$20.39B+6.3%$20.15B+6.4%$19.87B+8.6%$19.47B+9.1%$19.19B+9.6%
Atlantic Group$19.29B+3.7%$19.07B+3.4%$18.99B+6.1%$18.79B+7.6%$18.6B+9.0%
National Group$16.31B+5.8%$16.18B+6.0%$15.88B+6.3%$15.57B+6.6%$15.41B+7.3%
Other Cost And Expense Operating by Business
American Group$7.08B+9.0%$6.96B+9.3%$6.83B+12.8%$6.59B+12.1%$6.5B+14.3%
Atlantic Group$6.48B+2.8%$6.36B+2.4%$6.42B+8.7%$6.35B+11.9%$6.3B+15.6%
National Group$5.42B+9.6%$5.32B+8.4%$5.19B+9.8%$5B+10.5%$4.95B+12.8%
Labor And Related Expense by Business
American Group$9.07B+4.6%$8.99B+4.6%$8.88B+5.4%$8.78B+6.2%$8.68B+6.1%
Atlantic Group$9.09B+4.0%$9.02B+3.9%$8.94B+5.0%$8.84B+6.0%$8.74B+6.5%
National Group$7.82B+2.7%$7.81B+3.6%$7.73B+3.7%$7.66B+4.1%$7.61B+4.4%
Income Loss From Equity Method Investments by Business
American Group$69M+9.5%$68M+9.7%$60M-17.8%$62M-8.8%$63M+5.0%
Atlantic Group$3M0.0%$3M0.0%$4M+33.3%$3M0.0%$3M0.0%
Supplies Expense by Business
American Group$4.3B+5.6%$4.26B+5.7%$4.21B+8.8%$4.16B+10.6%$4.08B+10.4%
Atlantic Group$3.72B+4.5%$3.69B+3.8%$3.64B+4.5%$3.61B+4.4%$3.56B+4.4%
National Group$3.07B+7.6%$3.04B+8.2%$2.96B+7.2%$2.91B+6.7%$2.85B+5.5%
D&A by Business
American Group$1.15B+3.6%$1.13B+4.4%$1.12B+6.9%$1.12B+9.7%$1.11B+11.9%
Atlantic Group$1.15B+6.4%$1.12B+5.7%$1.1B+5.5%$1.09B+6.8%$1.08B+6.8%
Corporate And Other$385M+19.6%$365M+17.4%$349M+16.3%$330M+13.8%$322M+15.0%
National Group$915M+5.1%$905M+5.6%$895M+5.3%$883M+4.9%$871M+3.8%
Number Of Owned And Operated Hospitals by Business
American Group26,400%+900pp26,400%+1,300pp26,300%+1,700pp25,900%+1,800pp25,500%+2,000pp
Atlantic Group25,200%+300pp25,200%+400pp25,100%+300pp25,000%+200pp24,900%+100pp
Corporate And Other3,100%-100pp3,200%0.0pp3,200%+100pp3,200%+200pp3,200%+300pp
National Group21,400%-700pp21,600%-600pp21,800%-600pp21,900%-700pp22,100%-600pp
Revenues From Third Party Payers by Product
International$1.92B+11.8%$1.86B+10.8%$1.82B+11.4%$1.76B+11.0%$1.72B+10.9%
Managed Care And Other Insurers$37.01B+4.4%$36.97B+5.8%$36.8B+7.4%$36.03B+7.7%$35.45B+8.3%
Managed Medicaid$3.75B-3.3%$3.69B-7.2%$3.67B-10.1%$3.75B-8.2%$3.88B-1.6%
Managed Medicare$13.64B+11.3%$13.44B+12.1%$13.06B+11.1%$12.7B+12.0%$12.26B+11.8%
Medicaid$6.16B+27.2%$5.91B+26.9%$5.78B+30.6%$5.12B+19.2%$4.85B+25.2%
Medicare$11.44B+5.5%$11.27B+4.6%$11.16B+3.7%$11.02B+2.6%$10.84B+1.4%

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Questions, answered.

How does HCA Healthcare break its business down?
HCA Healthcare (HCA) reports revenue by business across 4 parts — American Group, Atlantic Group, Corporate And Other and National Group. Each is extracted from the segment footnotes and tracked over time.
Where does HCA Healthcare's segment data come from?
Segment breakdowns are pulled from the segment footnotes in HCA Healthcare's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.