HCA Healthcare (HCA) Debt to Equity (2010 - 2026)
HCA Healthcare (HCA) posted quarterly Debt to Equity of -$16.13 for Q1 2026, up 84.15% YoY from -$8.76 in Q1 2025, and down 109.05% sequentially from -$7.71 in Q4 2025.
HCA Healthcare (HCA) Debt to Equity (2010 - 2026) Analysis & Trends
HCA Healthcare has disclosed Debt to Equity across 17 years of filings, most recently posting -$16.13 for Q1 2026.
- In Q1 2026, Debt to Equity rose 84.15% year-over-year to -$16.13; the TTM figure through Mar 2026 stood at -$16.13 (up 84.15% YoY), while the FY2025 annual figure was -$7.71, down 109.95% from the prior year.
- Debt to Equity eased to -$16.13 in Q1 2026, from -$7.71 in the prior quarter.
- Over the last five years, Debt to Equity for HCA reached as high as $167.48 in Q1 2023 and fell as low as -$521.7 in Q4 2022.
- The 5-year median for Debt to Equity is $30.53 (2024), against an average of -$5.97.
- The widest YoY moves for Debt to Equity: up 627.32% in 2022, down 2346.48% in 2022.
- A 5-year view of Debt to Equity shows it stood at -$521.7 in 2022, then soared by 107.16% to $37.35 in 2023, then surged by 107.58% to $77.53 in 2024, then plunged by 109.95% to -$7.71 in 2025, then plunged by 109.05% to -$16.13 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered -$16.13, -$7.71, and -$20.62 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | -16.13 |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 0.11 |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 2.74 |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | -22.31 |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 0.78 |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 0.06 |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 0.63 |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 0.05 |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 1.46 |
| 10 | Brookdale Senior Living | 3.76 Bn | 3.50 Bn | 727.83 Mn | -77.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.13 |
| Dec 31, 2025 | -7.71 |
| Sep 30, 2025 | -20.62 |
| Jun 30, 2025 | -35.93 |
| Mar 31, 2025 | -101.77 |
| Dec 31, 2024 | 77.53 |
| Sep 30, 2024 | 54.66 |
| Jun 30, 2024 | 30.53 |
| Mar 31, 2024 | 31.65 |
| Dec 31, 2023 | 37.35 |
| Sep 30, 2023 | 110.21 |
| Jun 30, 2023 | 84.45 |
| Mar 31, 2023 | 167.48 |
| Dec 31, 2022 | -521.70 |
| Sep 30, 2022 | -48.47 |
| Jun 30, 2022 | -34.07 |
| Mar 31, 2022 | 91.05 |
| Dec 31, 2021 | 23.22 |
| Sep 30, 2021 | 17.70 |
| Jun 30, 2021 | 18.20 |