HCA Healthcare revenue and financials
$432.20Change from previous close: −0.63%Absolute change: −$2.72
In the fiscal year ended December 2025, HCA Healthcare reported revenue of $75.6B (+7.08% year over year). Net income was $6.78B, a net margin of 9.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.08%
- 2025 vs 2024
- Net income growth
- +17.78%
- 2025 vs 2024
- Net margin
- 9.0%
- 2024: 8.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,335 | 2,014 | 2,359 | 4,416 | 4,210 | 1,651 | 2,559 | 3,515 | 1,971 | 2,469 | 2,674 | 2,479 |
| Depreciation and amortization | 944 | 930 | 911 | 889 | 863 | 860 | 856 | 842 | 819 | 795 | 789 | 769 |
| Capital expenditure | -1,231 | -1,119 | -1,489 | -1,288 | -1,176 | -991 | -1,285 | -1,191 | -1,281 | -1,118 | -1,159 | -1,147 |
| Investing cash flow | -1,557 | -1,282 | -1,317 | -1,388 | -1,251 | -1,032 | -1,346 | -1,352 | -1,332 | -903 | -1,597 | -1,312 |
| Financing cash flow | -704 | -830 | -999 | -2,967 | -3,089 | -1,495 | -2,163 | -110 | -1,093 | -1,216 | -1,039 | -1,132 |
| Dividends paid | -171 | -183 | -162 | -166 | -171 | -180 | -165 | -169 | -171 | -185 | -160 | -162 |
| Share repurchases | -2,064 | -1,571 | -2,558 | -2,498 | -2,505 | -2,506 | -1,700 | -1,795 | -1,367 | -1,180 | -910 | -1,140 |
| Debt issued | 4,238 | 1,435 | 3,537 | 138 | 1,548 | 5,453 | — | 3,012 | — | 4,483 | 4.0 | 2.0 |
| Debt repaid | -2,550 | -58.0 | -1,555 | -174 | -1,765 | -3,895 | -64.0 | -927 | 647 | -3,946 | 182 | 337 |
| Effect of exchange rates | -1.0 | -2.0 | 0.0 | -3.0 | 9.0 | 3.0 | -5.0 | 4.0 | 1.0 | -1.0 | 6.0 | -6.0 |
| Net change in cash | 73.0 | -100 | 43.0 | 58.0 | -121 | -873 | -955 | 2,057 | -453 | 349 | 44.0 | 29.0 |
| Free cash flow | 1,104 | 895 | 870 | 3,128 | 3,034 | 660 | 1,274 | 2,324 | 690 | 1,351 | 1,515 | 1,332 |
| Levered free cash flow | 518 | 601 | 39.8 | 2,391 | 2,491 | 699 | 318 | 1,911 | 199 | 1,300 | 548 | 968 |