HCA Healthcare (HCA) EV to CFO (2011 - 2026)
HCA Healthcare's (HCA) EV to CFO was 8.64 for Q3 2026, up 10.8% from 7.80 a year earlier and up 10.0% from the prior quarter.
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Analysis
HCA Healthcare (HCA) EV to CFO (2011 - 2026) Analysis & Trends
For FY2025, EV to CFO at HCA Healthcare was 8.47, up 17.0% from FY2024.
- By year, EV to CFO came in at 7.24 in FY2024 (-7.4%), 7.82 in FY2023 (-2.5%), 8.02 in FY2022 (-9.6%) and 8.87 in FY2021 (+45.3%).
- The Q3 2026 figure ranks as the highest quarterly EV to CFO since Q1 2025.
- Year over year, EV to CFO gained in four of the last eight quarters, with an average decline of 2.2%.
- The high point for year-over-year EV to CFO in five years was Q4 2021 (growth of 45.3%); the low point was Q3 2022 (a decline of 75.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 7.86 (Q2 2026), 8.28 (Q1 2026) and 8.47 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 105.29 Bn | 103.13 Bn | 17.03 Bn |
| 2 | Natera | 46.06 Bn | 41.68 Bn | 513.47 Mn |
| 3 | Labcorp Holdings | 30.09 Bn | 28.19 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 28.58 Bn | 26.66 Bn | 1.04 Bn |
| 5 | Guardant Health | 20.44 Bn | 16.05 Bn | 236.15 Mn |
| 6 | BrightSpring Health Services | 14.16 Bn | 11.04 Bn | 518.55 Mn |
| 7 | Encompass Health | 13.83 Bn | 14.29 Bn | 1.54 Bn |
| 8 | Tempus AI | 12.69 Bn | 9.84 Bn | 266.70 Mn |
| 9 | Davita | 11.06 Bn | 9.92 Bn | 1.13 Bn |
| 10 | Ensign | 10.99 Bn | 9.12 Bn | 317.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.25 |
| Jun 30, 2026 | 7.82 |
| Mar 31, 2026 | 8.26 |
| Dec 31, 2025 | 8.44 |
| Sep 30, 2025 | 7.76 |
| Jun 30, 2025 | 7.72 |
| Mar 31, 2025 | 8.81 |
| Dec 31, 2024 | 7.19 |
| Sep 30, 2024 | 9.69 |
| Jun 30, 2024 | 8.85 |
| Mar 31, 2024 | 8.81 |
| Dec 31, 2023 | 7.77 |
| Sep 30, 2023 | 7.29 |
| Jun 30, 2023 | 8.58 |
| Mar 31, 2023 | 8.27 |
| Dec 31, 2022 | 7.98 |
| Sep 30, 2022 | 6.33 |
| Jun 30, 2022 | 6.44 |
| Mar 31, 2022 | 8.97 |
| Dec 31, 2021 | 8.82 |
API Access
HCA Healthcare EV to CFO 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=ev-to-cfo&ticker=HCA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=HCA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();