HCA Healthcare (HCA) EV to FCF (2011 - 2026)
HCA Healthcare's (HCA) EV to FCF stood at 14.57 in Q2 2026, up 14.7% from 12.71 a year earlier and up 7.3% from the prior quarter.
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Analysis
HCA Healthcare (HCA) EV to FCF (2011 - 2026) Analysis & Trends
On a TTM basis, HCA Healthcare's EV to FCF came in at 14.08 as of Jun 30, 2026, up 18.3% year-over-year; for FY2025, it was 13.92, up 3.1% from FY2024.
- Across earlier years, EV to FCF came in at 13.50 in FY2024 (-14.2%), 15.74 in FY2023 (-5.0%), 16.56 in FY2022 (+12.2%) and 14.76 in FY2021 (+67.6%).
- The Q2 2026 figure is the highest quarterly EV to FCF since Q1 2025.
- On a year-over-year basis, EV to FCF rose in four of the last eight quarters, with an average decline of 7.1%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 86.3% in Q1 2022, against a decline of 87.2% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 13.59 (Q1 2026), 13.92 (Q4 2025) and 12.37 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn |
| 10 | Ensign | 10.80 Bn | 8.92 Bn | 317.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.43 |
| Jun 30, 2026 | 14.51 |
| Mar 31, 2026 | 13.54 |
| Dec 31, 2025 | 13.86 |
| Sep 30, 2025 | 12.30 |
| Jun 30, 2025 | 12.64 |
| Mar 31, 2025 | 17.26 |
| Dec 31, 2024 | 13.40 |
| Sep 30, 2024 | 17.51 |
| Jun 30, 2024 | 17.37 |
| Mar 31, 2024 | 16.37 |
| Dec 31, 2023 | 15.64 |
| Sep 30, 2023 | 15.48 |
| Jun 30, 2023 | 17.10 |
| Mar 31, 2023 | 17.48 |
| Dec 31, 2022 | 16.47 |
| Sep 30, 2022 | 12.79 |
| Jun 30, 2022 | 13.49 |
| Mar 31, 2022 | 16.46 |
| Dec 31, 2021 | 14.68 |
API Access
HCA Healthcare EV to FCF 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-fcf&ticker=HCA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=HCA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();