HCA Healthcare, Inc. Financial Ratios — HCAH Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	9.71	5.84	5.47	6.27	6.68	8.69	6.3	9.99	8.32	8.11	14.16	10.94	9.65	9.95	11.28
Return on Capital (%)	19.82	12.06	11.27	11.56	11.38	14.21	10.21	15.97	13.27	12.4	20.01	14.91	14.27	14.59	16.5
Return on Invested Capital (%)	28.74	20.08	20.06	20.54	20.23	22.81	17.18	21.89	16.94	15.7	23.67	20.7	18.15	18.43	20.51
Gross Margin (%)	37.27	36.98	36.76	37.96	37.62	37.74	37.23	37.55	37.59	37.43	38.28	38.48	39.37	40.62	41.5
EBITDA Margin (%)	22.93	19.19	19.07	18.96	18.85	20.32	18.7	20.01	18.74	18.79	24.07	21.99	19.55	19.65	20.54
Operating Margin (%)	14.61	14.59	14.02	15.07	15.03	14.94	13.89	14.23	14.06	14.09	16.47	15.03	14.82	14.94	15.83
Incremental Operating Margin (%)	10.5	14.35	- -	28.25	14.49	12.86	- -	19.1	12.36	22.34	33.47	- -	12.12	16.33	28.38
Pretax Margin (%)	12	8.77	8.62	9.43	9.97	11.59	10.04	11.43	10.22	10.54	16.74	14.24	11.86	12.07	13.01
Profit Margin (%)	8.3	4.86	4.55	5.08	5.37	6.97	5.08	8.11	6.83	7.28	11.84	9.37	8.07	8.16	8.97
Net Income to Common Margin (%)	8.3	4.86	4.55	5.08	5.37	6.97	5.08	8.11	6.83	7.28	11.84	9.37	8.07	8.16	8.97
Effective Tax Rate (%)	20.19	30.68	32.25	31.83	31.87	28.65	37.39	17.73	20.96	19.21	21.48	20.35	20.96	21.89	20.85
Dvd Payout Ratio (%)	0.96	130.79	0.66	0.24	- -	- -	- -	9.76	11.49	3.05	7.35	8.14	9.52	9.13	7.73
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	27,052	28,930	28,376	29,426	30,488	31,376	33,058	32,821	35,571	33,056	36,726	40,200	41,859	45,237	48,697
ST Debt	1,407	1,435	786	338	233	216	200	788	495	588	629	734	2,787	5,041	5,241
LT Debt	25,645	27,495	27,590	29,088	30,255	31,160	32,858	32,033	35,076	32,468	36,097	39,466	39,072	40,196	43,456
Total Debt/EBITDA	3.98	4.57	4.35	4.2	4.08	3.72	4.05	3.51	3.7	3.41	2.6	3.04	3.3	3.26	3.14
Net Debt/EBITDA	3.92	4.46	4.29	4.12	3.98	3.65	3.96	3.46	3.44	3.02	2.34	2.81	3.04	2.96	2.93
Total Debt/EBIT	5.07	6.21	5.96	5.68	5.47	4.85	5.49	4.65	5.06	4.75	3.25	3.91	4.35	4.28	4.06
Net Debt/EBIT	5	6.06	5.87	5.57	5.33	4.75	5.36	4.58	4.71	4.2	2.94	3.62	4.02	3.89	3.79
EBITDA to Interest Expense	3.34	3.52	3.53	4.02	4.49	4.94	4.83	5.32	5.27	6.11	9.03	7.61	6.55	6.73	6.91
EBITDA-CapEx/Interest Expense	2.52	2.49	2.48	2.77	3.07	3.32	3.04	3.29	3	4.32	6.74	5.08	4.1	4.37	4.71
EBIT to Interest Expense	2.13	2.68	2.59	3.19	3.58	3.63	3.58	3.78	3.96	4.58	6.18	5.2	4.97	5.12	5.32
Interest Expense	2,037	1,798	1,848	1,743	1,665	1,707	1,690	1,755	1,824	1,584	1,566	1,741	1,938	2,061	2,248
Common Equity/Total Assets	-30.7	-34.41	-28.68	-25.48	-23.21	-21.63	-18.6	-12.63	-6.23	1.2	-1.84	-5.28	-3.16	-4.2	-9.93
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,122.68	2,424.24	- -	3,686.04	7,242.52	- -
Long-Term Debt/Capital (%)	127.98	133.54	128.64	126.87	123.78	121.04	117.09	107.12	100.2	90.32	94.46	98.35	91.04	87.78	94.62
Long-Term Debt/Total Assets (%)	95.34	97.93	95.7	93.89	92.4	92.3	89.79	81.7	77.85	68.37	71.14	75.26	69.51	67.54	71.57
Total Debt/Equity (%)	-385.69	-346.84	-409.58	-452.85	-504.27	-557	-661.82	-1,124.78	-6,295.75	1,143.02	2,466.49	-55,068.49	3,948.96	8,150.81	-1,757.38
Total Debt/Capital (%)	135	140.51	132.3	128.34	124.74	121.88	117.8	109.76	101.61	91.96	96.1	100.18	97.53	98.79	106.03
Total Debt/Total Assets (%)	100.57	103.05	98.42	94.98	93.11	92.94	90.34	83.71	78.94	69.61	72.38	76.66	74.47	76.01	80.2
Net Debt to Equity	-380.37	-338.39	-403.61	-444.14	-492.01	-545.54	-647.17	-1,107.57	-5,858.58	1,010.06	2,224.85	-50,926.03	3,646.98	7,405.05	-1,640.27
Net Debt/Capital (%)	135.67	141.95	132.94	129.06	125.51	122.44	118.28	109.92	96.27	85.52	90.11	94.79	92.08	93.7	101.26
EBITDA	6,805	6,335	6,518	7,001	7,480	8,429	8,157	9,339	9,621	9,681	14,139	13,245	12,699	13,873	15,525
EBITDA-CapEx	5,126	4,473	4,575	4,825	5,105	5,669	5,142	5,766	5,463	6,846	10,562	8,850	7,955	8,998	10,581
Operating Income (Loss)	4,338	4,816	4,792	5,565	5,965	6,198	6,057	6,642	7,218	7,262	9,678	9,053	9,627	10,547	11,965

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.07	0.11	0.07	0.1	0.13	0.11	0.12	0.07	0.08	0.21	0.15	0.09	0.07	0.13	0.06
Current Ratio	1.3	1.26	1.41	1.63	1.67	1.56	1.62	1.35	1.44	1.42	1.41	1.38	1.18	1.08	0.97
Quick Ratio	0.88	0.87	0.99	1.14	1.2	1.11	1.17	0.96	1.03	1.02	1	0.99	0.86	0.84	0.73
CFO/Avg Current Liab	0.8	0.71	0.62	0.8	0.86	1	0.9	0.99	0.99	1.12	0.98	0.87	0.84	0.76	0.8
Common Equity/Total Assets	-30.7	-34.41	-28.68	-25.48	-23.21	-21.63	-18.6	-12.63	-6.23	1.2	-1.84	-5.28	-3.16	-4.2	-9.93
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,122.68	2,424.24	- -	3,686.04	7,242.52	- -
Long-Term Debt/Capital (%)	127.98	133.54	128.64	126.87	123.78	121.04	117.09	107.12	100.2	90.32	94.46	98.35	91.04	87.78	94.62
Long-Term Debt/Total Assets (%)	95.34	97.93	95.7	93.89	92.4	92.3	89.79	81.7	77.85	68.37	71.14	75.26	69.51	67.54	71.57
Total Debt/Equity (%)	-385.69	-346.84	-409.58	-452.85	-504.27	-557	-661.82	-1,124.78	-6,295.75	1,143.02	2,466.49	-55,068.49	3,948.96	8,150.81	-1,757.38
Total Debt/Capital (%)	135	140.51	132.3	128.34	124.74	121.88	117.8	109.76	101.61	91.96	96.1	100.18	97.53	98.79	106.03
Total Debt/Total Assets (%)	100.57	103.05	98.42	94.98	93.11	92.94	90.34	83.71	78.94	69.61	72.38	76.66	74.47	76.01	80.2
CFO/Total Liabilities	11.6	11.46	10.29	11.87	12.2	14.35	13.05	16.05	16.66	20.7	18.19	16.23	17.1	17.83	19.9
CFO/CapEx	2.34	2.24	1.89	2.04	1.99	2.05	1.8	1.89	1.83	3.26	2.5	1.94	1.99	2.16	2.56
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	7.1	7.17	6.92	6.77	6.85	7.08	7.08	7.02	7.25	7.14	7.76	7.09	6.89	6.82	6.99
Days Sales Outstanding	51.43	50.89	52.75	53.89	53.28	51.53	51.58	51.96	50.37	51.11	47.05	51.47	52.95	53.53	52.19
Inventory Turnover	19.09	19.44	19.09	18.64	18.21	17.56	17.8	17.64	17.9	16.65	18.08	18.28	19.27	22.31	26.09
Days Inventory Outstanding	19.12	18.77	19.12	19.59	20.04	20.79	20.51	20.69	20.4	21.93	20.19	19.97	18.95	16.36	13.99
Accounts Payable Turnover	11.98	12.39	12.16	11.99	11.85	11.54	11.15	11.31	11.73	10.07	9.47	8.9	9.29	9.79	9.88
Accounts Payable Turnover Days	30.46	29.47	30.02	30.45	30.8	31.63	32.74	32.27	31.11	36.25	38.52	41.03	39.3	37.29	36.94
Cash Conversion Cycle	40.09	40.19	41.85	43.03	42.51	40.69	39.35	40.38	39.66	36.78	28.71	30.4	32.59	32.6	29.23
Inventory to Cash Days	32.31	32.12	33.63	34.31	33.24	30.74	31.07	31.27	29.97	29.18	26.86	31.5	34	37.17	38.2
Inventories	1,054	1,086	1,179	1,279	1,439	1,503	1,573	1,732	1,849	2,025	1,986	2,068	2,021	1,738	1,652
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	1,054	1,086	1,179	1,279	1,439	1,503	1,573	1,732	1,849	2,025	1,986	2,068	2,021	1,738	1,652

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	373	705	414	566	741	646	732	502	621	1,793	1,451	908	935	1,933	1,040
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	1,244	1,319	1,342	1,396	1,553	1,669	1,811	2,032	2,243	2,320	2,422	2,694	2,834	3,054	3,256
+ Total Debt	27,052	28,930	28,376	29,426	30,488	31,376	33,058	32,821	35,571	33,056	36,726	40,200	41,859	45,237	48,697
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	20,038	20,589	21,448	22,928	24,442	25,743	28,063	29,903	35,006	35,948	38,215	40,127	42,919	45,792	45,926
Total Debt/Capital (%)	135	140.51	132.3	128.34	124.74	121.88	117.8	109.76	101.61	91.96	96.1	100.18	97.53	98.79	106.03
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	29,682	33,013	34,182	36,918	39,678	41,490	43,614	46,677	51,336	51,533	58,752	60,233	64,968	70,603	75,600
TTM EBITDA	6,805	6,335	6,518	7,001	7,480	8,429	8,157	9,339	9,621	9,681	14,139	13,245	12,699	13,873	15,525
TTM Operating Income	4,338	4,816	4,792	5,565	5,965	6,198	6,057	6,642	7,218	7,262	9,678	9,053	9,627	10,547	11,965
TTM Cash Flow to Firm	5,559	5,421	4,932	5,636	5,868	6,871	6,484	8,205	9,044	10,512	10,189	9,909	10,963	12,124	14,415
TTM Free Cash Flow to Firm	3,880	3,559	2,989	3,460	3,493	4,111	3,469	4,632	4,886	7,677	6,612	5,514	6,219	7,249	9,471

Multiples (USD)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	437	443	440	420	399	371	350	343	338	339	305	277	266	250	225
Diluted Weighted Avg Shares	496	459	462	450	427	396	372	355	348	344	329	295	276	262	239
Basic Weighted Avg Shares	477	443	440	420	399	371	350	343	338	339	305	290	266	250	225
Revenue per Share	62.28	74.49	77.76	87.8	99.51	111.97	124.58	136.13	151.68	151.82	192.33	207.45	244.67	282.43	336.59
EBITDA per Share	14.28	14.29	14.83	16.65	18.76	22.75	23.3	27.24	28.43	28.52	46.29	45.62	47.82	55.5	69.12
Operating Income per Share	9.1	10.87	10.9	13.23	14.96	16.73	17.3	19.37	21.33	21.39	31.68	31.18	36.25	42.19	53.27
Basic EPS, GAAP	5.17	3.62	3.54	4.46	5.34	7.8	6.33	11.04	10.36	11.06	22.77	19.44	19.74	23.04	30.2
Basic EPS from Cont Ops	5.96	4.53	4.54	5.64	6.76	9.26	7.84	12.8	12.25	12.92	25.28	23.54	22.94	26.63	34.65
Diluted EPS, GAAP	4.97	3.49	3.37	4.16	4.99	7.3	5.95	10.66	10.07	10.93	21.16	19.15	18.96	22	28.33
Diluted EPS from Cont Ops	5.73	4.37	4.32	5.27	6.32	8.67	7.37	12.35	11.9	12.77	23.49	23.19	22.04	25.43	32.49
Dividend per Share	0.07	7.1	0.04	0.02	- -	- -	- -	1.42	1.63	0.45	2.04	2.25	2.49	2.76	3.02
Cash Flow per Share	8.25	9.42	8.37	10.58	11.87	15.26	15.5	19.72	22.46	27.2	29.33	29.35	35.52	42.06	56.26
Free Cash Flow per Basic Share	4.73	5.22	3.95	5.4	5.92	7.81	6.89	9.3	10.18	18.85	17.62	14.21	17.65	22.56	34.25
Cash & Equivalents per Share	0.85	1.59	0.94	1.35	1.86	1.74	2.09	1.46	1.83	5.28	4.75	3.27	3.52	7.73	4.63
Book Value per Share	-18.88	-21.8	-18.81	-18.77	-19.06	-19.71	-19.44	-14.44	-8.3	1.69	-3.05	-9.98	-6.68	-10	-26.83
Tangible Book Value per Share	-30.88	-34.29	-32.24	-34.03	-35.94	-37.8	-40.56	-37.63	-32.73	-23.59	-34.28	-44.78	-44.13	-50.37	-72.66