HCA Healthcare, Inc. (HCA) Financial Statements
Historical financial data — 42 statements covering FY2018–FY2025
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2025, the firm owned and operated...
HCA Healthcare, Inc.'s revenue increased 7.1% year over year, from $70.60B to $75.60B.
Net income increased 17.8% over the same period, from $5.76B to $6.78B.
Over the 7-year period from FY2018 to FY2025, revenue grew by 62% in total.
Total debt increased by 21.3% to $46.49B.
Operating cash flow grew 20.2% to $12.64B.
HCA Healthcare, Inc. maintains a moderate net profit margin of 9.0%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $17.49B-0.0% | $1.27B | $1.91B | $1.91B | $3.52B | $59.46B | $38.28B | $-2.18B |
| Q4 FY2024 | $18.29B+4.6% | $1.44B | $2.13B | $2.13B | $2.56B | $59.51B | $38.33B | $-2.50B |
| Q1 FY2025 | $18.32B+0.2% | $1.61B | $2.33B | $2.33B | $1.65B | $59.80B | $41.06B | $-3.52B |
| Q2 FY2025 | $18.61B+1.6% | $1.65B | $2.42B | $2.42B | $4.21B | $59.54B | $44.48B | $-4.39B |
| Q3 FY2025 | $19.16B+3.0% | $1.64B | $2.42B | $2.42B | $4.42B | $59.75B | $44.51B | $-5.33B |
| Q4 FY2025 | $19.51B+1.8% | $1.88B | $2.67B | $2.67B | $2.36B | $60.72B | $46.49B | $-6.03B |
| Q1 FY2026 | $19.11B-2.1% | $1.62B | $2.29B | $2.29B | $2.01B | $61.45B | $49.84B | $-2.98B |
| Q2 FY2026 | $20.23B+5.9% | $1.70B | $2.49B | $3.64B | $2.33B | $63.25B | $51.55B | $-3.21B |
Balance Sheet Summary (Q2 FY2026)
HCA Healthcare, Inc. (HCA) Financial Statements & Revenue History
HCA Healthcare, Inc. (HCA) is a US-listed stock operating in the Healthcare sector, specifically the Services-General Medical & Surgical Hospitals, Nec industry trading at $458.84 with a market capitalization of $99. This page provides 42 historical financial statements for HCA Healthcare, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, HCA Healthcare, Inc. reported revenue of $75.6 billion, representing 7.1% year-over-year growth. The net profit margin of 9.0% indicates moderate profitability..
HCA Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows HCA Healthcare, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether HCA is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track HCA's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently HCA Healthcare, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of HCA's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use HCA Financial Data
Investors use HCA Healthcare, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare HCA's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how HCA's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View HCA's financial health score, earnings, and pre-market pricing.
Financial data is sourced from HCA Healthcare, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.HCA trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.