HCA Healthcare (HCA) Free Cash Flow (2010 - 2026)
HCA Healthcare (HCA) posted quarterly Free Cash Flow of $1.1 billion for Q2 2026, down 63.61% year-over-year from $3.0 billion in Q2 2025, and up 23.35% quarter-over-quarter from $895.0 million in Q1 2026.
Analysis
HCA Healthcare (HCA) Free Cash Flow (2010 - 2026) Analysis & Trends
HCA Healthcare (HCA) has reported Free Cash Flow for 17 consecutive years, with $1.1 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Free Cash Flow fell 63.61% year-over-year to $1.1 billion; the TTM figure through Jun 2026 stood at $6.0 billion (down 17.76% YoY), while the FY2025 annual figure was $7.7 billion, up 36.41% from the prior year.
- Free Cash Flow climbed to $1.1 billion in Q2 2026 per HCA's latest filing, from $895.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $3.1 billion in Q3 2025 and bottomed at $484.0 million in Q1 2022.
- Historically, Free Cash Flow has averaged $1.3 billion across 5 years, with a median of $1.2 billion in 2022.
- Annual changes were most pronounced in 2022 — Free Cash Flow slumped 63.72% — and 2025, when it jumped 339.71%.
- HCA Healthcare's Free Cash Flow stood at $1.2 billion in 2022, then advanced by 25.83% to $1.5 billion in 2023, then dropped by 15.91% to $1.3 billion in 2024, then tumbled by 31.71% to $870.0 million in 2025, then climbed by 26.9% to $1.1 billion in 2026.
- Business Quant data shows HCA's Free Cash Flow at $1.1 billion in Q2 2026, $895.0 million in Q1 2026, and $870.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 90.36 Bn | 89.35 Bn | 15.19 Bn | 1.10 Bn |
| 2 | Tenet Healthcare | 22.02 Bn | 19.85 Bn | 4.45 Bn | 417.00 Mn |
| 3 | Encompass Health | 12.13 Bn | 11.99 Bn | 1.34 Bn | 62.30 Mn |
| 4 | Davita | 11.78 Bn | 11.09 Bn | 1.16 Bn | 320.25 Mn |
| 5 | Universal Health Services | 10.09 Bn | 9.95 Bn | 3.29 Bn | 215.67 Mn |
| 6 | Ensign | 9.97 Bn | 9.65 Bn | 306.24 Mn | 119.13 Mn |
| 7 | Chemed | 6.93 Bn | 6.89 Bn | 221.47 Mn | 69.29 Mn |
| 8 | Pacs | 6.81 Bn | 6.64 Bn | 338.46 Mn | 31.23 Mn |
| 9 | Concentra Group Holdings Parent | 4.32 Bn | 4.16 Bn | 192.10 Mn | 119.55 Mn |
| 10 | Option Care Health | 3.74 Bn | 3.55 Bn | 267.25 Mn | 172.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 Bn |
| Mar 31, 2026 | 895.00 Mn |
| Dec 31, 2025 | 870.00 Mn |
| Sep 30, 2025 | 3.13 Bn |
| Jun 30, 2025 | 3.03 Bn |
| Mar 31, 2025 | 660.00 Mn |
| Dec 31, 2024 | 1.27 Bn |
| Sep 30, 2024 | 2.32 Bn |
| Jun 30, 2024 | 690.00 Mn |
| Mar 31, 2024 | 1.35 Bn |
| Dec 31, 2023 | 1.52 Bn |
| Sep 30, 2023 | 1.33 Bn |
| Jun 30, 2023 | 1.23 Bn |
| Mar 31, 2023 | 606.00 Mn |
| Dec 31, 2022 | 1.20 Bn |
| Sep 30, 2022 | 1.89 Bn |
| Jun 30, 2022 | 550.00 Mn |
| Mar 31, 2022 | 484.00 Mn |
| Dec 31, 2021 | 1.25 Bn |
| Sep 30, 2021 | 1.39 Bn |