HCA Healthcare (HCA) Total Debt (2010 - 2026)
HCA Healthcare (HCA) recorded Total Debt of $49.72 billion in Q2 2026, up 11.8% from $44.48 billion a year earlier and up 3.5% from the prior quarter.
HCA Healthcare (HCA) Total Debt (2010 - 2026) Analysis & Trends
At the end of FY2025, HCA Healthcare reported Total Debt of $46.49 billion, up 8.0% from FY2024.
- Annual Total Debt has increased for five straight years, with a five-year compound annual growth rate of 8.4% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $43.03 billion in FY2024 (+8.7%), $39.59 billion in FY2023 (+4.0%), $38.08 billion in FY2022 (+10.1%) and $34.58 billion in FY2021 (+11.5%).
- The Q2 2026 figure is the highest quarterly Total Debt in data going back to Q4 2010.
- On a year-over-year basis, Total Debt has increased for 21 consecutive quarters, with growth averaging 8.6% over the last eight quarters.
- Over the past five years, the year-over-year growth in Total Debt ranged from 0.1% (Q2 2023) to 21.3% (Q1 2022).
- Per Business Quant, the preceding three quarters came in at $48.02 billion (Q1 2026), $46.49 billion (Q4 2025) and $44.51 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 49.72 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 80.29 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 5.64 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 5.86 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 13.25 Bn |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 2.63 Bn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 10.78 Bn |
| 10 | BrightSpring Health Services | 11.17 Bn | 9.51 Bn | 492.75 Mn | 2.19 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.72 Bn |
| Mar 31, 2026 | 48.02 Bn |
| Dec 31, 2025 | 46.49 Bn |
| Sep 30, 2025 | 44.51 Bn |
| Jun 30, 2025 | 44.48 Bn |
| Mar 31, 2025 | 44.58 Bn |
| Dec 31, 2024 | 43.03 Bn |
| Sep 30, 2024 | 42.97 Bn |
| Jun 30, 2024 | 40.88 Bn |
| Mar 31, 2024 | 40.19 Bn |
| Dec 31, 2023 | 39.59 Bn |
| Sep 30, 2023 | 39.35 Bn |
| Jun 30, 2023 | 38.93 Bn |
| Mar 31, 2023 | 38.86 Bn |
| Dec 31, 2022 | 38.08 Bn |
| Sep 30, 2022 | 37.71 Bn |
| Jun 30, 2022 | 38.90 Bn |
| Mar 31, 2022 | 37.70 Bn |
| Dec 31, 2021 | 34.58 Bn |
| Sep 30, 2021 | 32.30 Bn |
HCA Healthcare Total Debt 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=total-debt&ticker=HCA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=HCA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();