HCA Healthcare, Inc.

HCA Healthcare Medical Care Facilities

HCA Healthcare, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $75.6 billion, up 7.08% from fiscal 2024. In the quarter to June 2026, revenue grew 8.73%, EPS grew 11.6%, free cash flow fell 63.6% and total debt rose 11.8%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for ten, operating cash flow growth for three.

457.58 10.92 −2.33%
Market cap
$101.4B
P/E
15.3×
Fwd P/E
12.3×
Dividend yield
0.67%
F-score
7/9
Altman Z
2.80
Beneish M
−2.87
Dividend safety
78/100

HCA Healthcare, Inc. (HCA) EV/FCF

Alert me on EV/FCF

As of 16 October 2026, HCA Healthcare, Inc. (HCA) trades at a EV/FCF of 24.9×. Over the past ten years it has ranged from −570× (October 2021) to 183× (September 2021); the current reading is higher than 66% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 20.3× (3.78%)
FY2024 21.1× (13.18%)
FY2023 24.2× (7.16%)
FY2022 26.1× 20.98%
FY2021 21.6× 62.78%
FY2020 13.3× (45.32%)
FY2019 24.3× 2.36%
FY2018 23.7× (11.78%)
FY2017 26.9× 31.05%
FY2016 20.5× (16.29%)

Quarterly newest first

Period EV/FCF Change
Jun 2026 22.5× 16.45%
Mar 2026 19.3× (4.79%)
Dec 2025 20.3× 14.87%
Sep 2025 17.6× (4.87%)
42 more quarters

Against its own ten years

Low −570× High 183×
Ten-year median 23.2×
Current reading's percentile 66

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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