HCA Healthcare (HCA) financials
HCA Healthcare revenue and earnings by year
HCA Healthcare's revenue was $75.6 billion in the fiscal year to December 31, 2025, up 7.1% from the year before. Net income was $6.78 billion, 9.0% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 75.6 | 70.6 | 65.0 | 60.2 | 58.8 | 51.5 | 51.3 | 46.7 | 43.6 | 41.5 |
| Revenue growth | 7.1% | 8.7% | 7.9% | 2.5% | 14.0% | 0.4% | 10.0% | 7.0% | 5.1% | — |
| Gross profit | 31.4 | 28.7 | 25.6 | 23.2 | 22.5 | 19.3 | 19.3 | 17.5 | 16.2 | 15.7 |
| Gross margin | 41.5% | 40.6% | 39.4% | 38.5% | 38.3% | 37.4% | 37.6% | 37.6% | 37.2% | 37.7% |
| Operating income | 12.0 | 10.5 | 9.6 | 9.1 | 9.7 | 7.3 | 7.2 | 6.6 | 6.1 | 6.4 |
| Operating margin | 15.8% | 14.9% | 14.8% | 15.0% | 16.5% | 14.1% | 14.1% | 14.2% | 13.9% | 15.5% |
| Net income | 6.8 | 5.8 | 5.2 | 5.6 | 7.0 | 3.8 | 3.5 | 3.8 | 2.2 | 2.9 |
| Net margin | 9.0% | 8.2% | 8.1% | 9.4% | 11.8% | 7.3% | 6.8% | 8.1% | 5.1% | 7.0% |
| Diluted EPS | $28.33 | $22.00 | $18.97 | $19.15 | $21.16 | $10.93 | $10.07 | $10.65 | $5.94 | $7.32 |
| Free cash flow | 7.7 | 5.6 | 4.7 | 4.1 | 5.4 | 6.4 | 3.4 | 3.2 | 2.4 | 2.9 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open HCA in Markets.
See also: HCA valuation and P/E history · HCA returns
No forecast, no recommendation. This page describes HCA Healthcare from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.