HCA Healthcare (HCA) Asset Utilization Ratio (2011 - 2026)
HCA Healthcare's Asset Utilization Ratio came in at 1.25 for Q2 2026, up 2.7% from 1.22 a year earlier and up 0.1% from the prior quarter.
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Analysis
HCA Healthcare (HCA) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, HCA Healthcare's Asset Utilization Ratio was 1.26, up 3.1% from FY2024.
- Asset Utilization Ratio has increased in each of the last three years.
- Going back by year, Asset Utilization Ratio was 1.22 in FY2024 (+2.0%), 1.20 in FY2023 (+2.4%), 1.17 in FY2022 (-2.4%) and 1.20 in FY2021 (+7.4%).
- The five-year range for quarterly Asset Utilization Ratio is 1.16 (Q1 2023) to 1.26 (Q4 2025).
- Year-over-year, Asset Utilization Ratio has increased for 13 consecutive quarters, with growth averaging 3.0% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2021 (growth of 16.6%), and the weakest in Q3 2022 (a decline of 2.2%).
- Business Quant data shows HCA's Asset Utilization Ratio at 1.25 (Q1 2026), 1.26 (Q4 2025) and 1.25 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 1.25 |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 1.03 |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 0.69 |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 0.76 |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 0.62 |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 0.70 |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 0.64 |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 0.84 |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 0.80 |
| 10 | BrightSpring Health Services | 11.17 Bn | 9.51 Bn | 492.75 Mn | 2.36 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.25 |
| Mar 31, 2026 | 1.25 |
| Dec 31, 2025 | 1.26 |
| Sep 30, 2025 | 1.25 |
| Jun 30, 2025 | 1.22 |
| Mar 31, 2025 | 1.20 |
| Dec 31, 2024 | 1.19 |
| Sep 30, 2024 | 1.19 |
| Jun 30, 2024 | 1.20 |
| Mar 31, 2024 | 1.18 |
| Dec 31, 2023 | 1.17 |
| Sep 30, 2023 | 1.17 |
| Jun 30, 2023 | 1.16 |
| Mar 31, 2023 | 1.16 |
| Dec 31, 2022 | 1.16 |
| Sep 30, 2022 | 1.16 |
| Jun 30, 2022 | 1.16 |
| Mar 31, 2022 | 1.16 |
| Dec 31, 2021 | 1.17 |
| Sep 30, 2021 | 1.19 |
API Access
HCA Healthcare Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HCA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HCA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HCA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();