HCA Healthcare (HCA) Shares Outstanding (2010 - 2026)
HCA Healthcare's Shares Outstanding came in at 220.54 million for Q2 2026, down 7.8% from 239.17 million a year earlier and down 1.4% from the prior quarter.
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Analysis
HCA Healthcare (HCA) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, HCA Healthcare's Shares Outstanding was 236.41 million, down 8.6% from FY2024.
- Shares Outstanding has declined in each of the last 12 years, with a five-year compound annual growth rate of -6.9% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 258.6 million in FY2024 (-5.1%), 272.4 million in FY2023 (-6.2%), 290.35 million in FY2022 (-10.2%) and 323.32 million in FY2021 (-4.4%).
- The Q2 2026 figure represents the lowest quarterly Shares Outstanding in data going back to Q1 2010.
- Year-over-year, Shares Outstanding has declined for 21 consecutive quarters, with an average decline of 7.6% over the last eight quarters.
- The year-over-year decline in Shares Outstanding has ranged between 4.4% (Q4 2021) and 10.9% (Q2 2022) over the last five years.
- Business Quant data shows HCA's Shares Outstanding at 223.59 million (Q1 2026), 236.41 million (Q4 2025) and 232.89 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 220.54 Mn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 143.28 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 111.00 Mn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 81.70 Mn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 132.87 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 83.52 Mn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 179.92 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 98.80 Mn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 206.04 Mn |
| 10 | Davita | 11.19 Bn | 9.96 Bn | 1.16 Bn | 64.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 220.54 Mn |
| Mar 31, 2026 | 223.59 Mn |
| Dec 31, 2025 | 236.41 Mn |
| Sep 30, 2025 | 232.89 Mn |
| Jun 30, 2025 | 239.17 Mn |
| Mar 31, 2025 | 246.94 Mn |
| Dec 31, 2024 | 258.60 Mn |
| Sep 30, 2024 | 256.76 Mn |
| Jun 30, 2024 | 261.16 Mn |
| Mar 31, 2024 | 264.44 Mn |
| Dec 31, 2023 | 272.40 Mn |
| Sep 30, 2023 | 271.17 Mn |
| Jun 30, 2023 | 274.49 Mn |
| Mar 31, 2023 | 276.91 Mn |
| Dec 31, 2022 | 290.35 Mn |
| Sep 30, 2022 | 285.96 Mn |
| Jun 30, 2022 | 292.53 Mn |
| Mar 31, 2022 | 302.45 Mn |
| Dec 31, 2021 | 323.32 Mn |
| Sep 30, 2021 | 318.07 Mn |
API Access
HCA Healthcare Shares Outstanding 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=shares-outstanding&ticker=HCA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=HCA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();