TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›HCA›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

HCA Healthcare, Inc. (HCA) financials

Income statement

HCA Healthcare, Inc. (HCA) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$41.5B$43.6B$46.7B$51.3B$51.5B$58.8B$60.2B$65.0B$70.6B$75.6B
Revenue growth—5.1%7.0%10.0%0.4%14.0%2.5%7.9%8.7%7.1%
Net income$2.89B$2.22B$3.79B$3.50B$3.75B$6.96B$5.64B$5.24B$5.76B$6.78B
Net margin7.0%5.1%8.1%6.8%7.3%11.8%9.4%8.1%8.2%9.0%
EPS (diluted)$7.30$5.95$10.66$10.07$10.93$21.16$19.15$18.97$22.00$28.33

Cash flow

HCA Healthcare, Inc. (HCA) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$5.65B$5.43B$6.76B$7.60B$9.23B$8.96B$8.52B$9.43B$10.5B$12.6B
Capital expenditures$2.76B$3.02B$3.57B$4.16B$2.83B$3.58B$4.39B$4.74B$4.88B$4.94B
Free cash flow$2.89B$2.41B$3.19B$3.44B$6.40B$5.38B$4.13B$4.69B$5.64B$7.69B
Share buybacks$2.75B$2.05B$1.53B$1.03B$441M$8.21B$7.00B$3.81B$6.04B$10.1B
Dividends paid—$0.00$487M$550M$153M$624M$653M$661M$690M$679M

Balance sheet

HCA Healthcare, Inc. (HCA) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$646M$732M$502M$621M$1.79B$1.45B$908M$935M$1.93B$1.04B
Total assets$33.8B$36.6B$39.2B$45.1B$47.5B$50.7B$52.4B$56.2B$59.5B$60.7B
Total liabilities$39.4B$41.6B$42.1B$45.6B——————
Long-term debt$31.2B$32.9B$32.0B$33.6B$30.8B$34.3B$37.7B$37.2B$38.3B$41.6B
Shareholders' equity-$7.30B-$6.81B-$4.95B-$2.81B$572M-$933M-$2.77B-$1.77B-$2.50B-$6.03B
Retained earnings-$6.97B-$6.53B-$4.57B-$2.35B$777M-$532M-$2.28B-$1.35B-$2.12B-$5.72B
Shares (wtd avg diluted)396M372M355M348M344M329M295M276M262M239M

Every figure is extracted from HCA Healthcare, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is HCA Healthcare, Inc.'s annual revenue?
HCA Healthcare, Inc. (HCA) reported $75.6B of revenue for fiscal year 2025 — up 7.1% from $70.6B in FY2024, per its annual report filed with the SEC.
Is HCA Healthcare, Inc. profitable?
Yes — HCA earned $6.78B of net income in FY2025, a 9.0% net margin, per SEC filings.
What is HCA Healthcare, Inc.'s free cash flow?
$7.69B in FY2025 (operating cash flow $12.6B minus $4.94B of capital expenditures), from the SEC cash-flow statement.
Does HCA pay a dividend?
Yes — HCA Healthcare, Inc. paid $679M in cash dividends during FY2025, per its SEC cash-flow statement.
Full HCA analysis — verdict, score & filings →Is HCA a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.