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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn |
| 10 | Davita | 11.19 Bn | 9.96 Bn | 1.16 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.57 |
| Mar 31, 2026 | 13.59 |
| Dec 31, 2025 | 13.92 |
| Sep 30, 2025 | 12.37 |
| Jun 30, 2025 | 12.71 |
| Mar 31, 2025 | 17.38 |
| Dec 31, 2024 | 13.50 |
| Sep 30, 2024 | 17.61 |
| Jun 30, 2024 | 17.47 |
| Mar 31, 2024 | 16.46 |
| Dec 31, 2023 | 15.74 |
| Sep 30, 2023 | 15.56 |
| Jun 30, 2023 | 17.18 |
| Mar 31, 2023 | 17.57 |
| Dec 31, 2022 | 16.56 |
| Sep 30, 2022 | 12.88 |
| Jun 30, 2022 | 13.59 |
| Mar 31, 2022 | 16.55 |
| Dec 31, 2021 | 14.76 |
| Jun 30, 2021 | 106.26 |
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_KEY
import 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();