HCA Healthcare (HCA) Shares Outstanding (Diluted) (2010 - 2026)
HCA Healthcare (HCA) posted Weighted Average Shares Outstanding (Diluted) of 222.83 million for Q3 2026, down 5.7% from 236.18 million a year earlier and unchanged from the prior quarter.
Powered by 
Analysis
HCA Healthcare (HCA) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, HCA Healthcare's Weighted Average Shares Outstanding (Diluted) came in at 239.5 million, down 8.5% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) has declined for 12 consecutive years, with a five-year compound annual growth rate of -7.0% (FY2020 to FY2025).
- In prior years, HCA Healthcare's Weighted Average Shares Outstanding (Diluted) was 261.81 million in FY2024 (-5.3%), 276.41 million in FY2023 (-6.2%), 294.67 million in FY2022 (-10.4%) and 328.75 million in FY2021 (-4.3%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has run from a low of 222.83 million in Q2 2026 to a high of 328.75 million in Q4 2021 over five years.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has declined in each of the last 51 quarters, with an average decline of 7.6% over the last eight quarters.
- Across the past five years, year-over-year decline in Weighted Average Shares Outstanding (Diluted) ran from 4.3% in Q4 2021 to 11.0% in Q2 2022.
- According to Business Quant data, Weighted Average Shares Outstanding (Diluted) for the three prior quarters was 222.83 million (Q2 2026), 226.65 million (Q1 2026) and 239.5 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 217.21 Mn |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | 144.07 Mn |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 82.00 Mn |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 112.00 Mn |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 80.60 Mn |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | 134.42 Mn |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 220.23 Mn |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | 181.31 Mn |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 99.70 Mn |
| 10 | Davita | 12.21 Bn | 9.59 Bn | 1.13 Bn | 65.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 217.21 Mn |
| Jun 30, 2026 | 222.83 Mn |
| Mar 31, 2026 | 226.65 Mn |
| Dec 31, 2025 | 239.50 Mn |
| Sep 30, 2025 | 236.18 Mn |
| Jun 30, 2025 | 241.91 Mn |
| Mar 31, 2025 | 249.44 Mn |
| Dec 31, 2024 | 261.81 Mn |
| Sep 30, 2024 | 259.92 Mn |
| Jun 30, 2024 | 264.07 Mn |
| Mar 31, 2024 | 268.02 Mn |
| Dec 31, 2023 | 276.41 Mn |
| Sep 30, 2023 | 275.42 Mn |
| Jun 30, 2023 | 278.20 Mn |
| Mar 31, 2023 | 280.96 Mn |
| Dec 31, 2022 | 294.67 Mn |
| Sep 30, 2022 | 289.85 Mn |
| Jun 30, 2022 | 296.06 Mn |
| Mar 31, 2022 | 307.37 Mn |
| Dec 31, 2021 | 328.75 Mn |
API Access
HCA Healthcare Shares Outstanding (Diluted) 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-diluted&ticker=HCA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=HCA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();