HCA Healthcare, Inc.
HCANYSEHealthcare · Services-General Medical & Surgical Hospitals, NEC · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $75.60B | $70.60B | $64.97B | $60.23B | $58.75B | $51.53B |
| Operating income | — | — | — | — | — | — |
| Net income | $6.78B | $5.76B | $5.24B | $5.64B | $6.96B | $3.75B |
| Total assets | $60.72B | $59.51B | $56.21B | $52.44B | $50.74B | $47.49B |
| Total liabilities | — | — | — | — | — | — |
| Equity | −$6.03B | −$2.50B | −$1.77B | −$2.77B | −$933.0M | $572.0M |
| EPS (diluted) | $28.33 | $22.00 | $18.97 | $19.15 | $21.16 | $10.93 |
| Shares out. | 248.3M | 264.5M | 277.0M | 303.6M | 339.9M | 338.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- 9.0%
- Return on equity
- −112.6%
- Return on assets
- 11.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $-24.27
- Revenue growth (YoY)
- 7.1%
- Net income growth (YoY)
- 17.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −9.6%clean
- Piotroski F-Score
- 6/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 3 good- Negative shareholder equity
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Capital Management LlcPassive (13G)Apr 30, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Frisco Holding IiActivist (13D)Feb 10, 2026
- Blackrock, Inc.Passive (13G)Apr 25, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 4.5M | 3.6 | +2.9% |
| Apr 30, 2026 | 4.3M | 3.3 | +9.3% |
| Apr 15, 2026 | 4.0M | 4.8 | +9.3% |
| Mar 31, 2026 | 3.6M | 3.2 | +8.5% |
| Mar 13, 2026 | 3.3M | 3.3 | -5.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · New financial obligation · Other material eventApr 30, 2026
- Shareholder voteApr 28, 2026
- Other material eventApr 27, 2026
- Results of operations · Regulation FD disclosure · Other material eventApr 24, 2026
- Director / officer changeFeb 25, 2026
- Results of operations · Regulation FD disclosure · Other material eventJan 27, 2026
- Entered a material agreement · New financial obligation · Other material eventOct 31, 2025
- Other material eventOct 27, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.