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HCA Healthcare, Inc. (HCA)
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HCA Healthcare, Inc. (HCA) EV/FCF Ratio: 17.52x

Is HCA Healthcare, Inc.’s EV/FCF ratio high or low?

HCA Healthcare, Inc.'s EV/FCF ratio of 17.52x is 46% below its 5-year average of 32.47x, near the low end of its 5-year range (14.00x–187.88x).

As of Tuesday, June 16, 2026. 12.65% below its 12-month average of 20.06x.

HCA EV/FCF Ratio Chart

HCA EV/FCF Ratio
17.52x-36.86% 1Y
Zoom

HCA Average EV/FCF Ratio Chart

HCA Current vs Average EV/FCF Ratio Chart

HCA EV/FCF Ratio Metrics

EV/FCF RATIO

17.52x

EV/FCF RATIO AVG TTM

20.06x

EV/FCF RATIO AVG 3Y

23.76x

EV/FCF RATIO AVG 5Y

23.92x

EV/FCF RATIO AVG 10Y

24.16x

EV/FCF RATIO AVG 15Y

24.29x

EV/FCF RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-12.65%

CURRENT VS 3Y AVG

-26.26%

CURRENT VS 5Y AVG

-26.75%

CURRENT VS 10Y AVG

-27.49%

CURRENT VS 15Y AVG

-27.86%

CURRENT VS 20Y AVG

N/A

HCA Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
HCA Healthcare, Inc. (HCA)$88.05B17.52x20.06x23.76x23.92x
Elevance Health Inc. (ELV)vs ›$86.74B17.17x23.33x49.69x36.15x
Cigna Corporation (CI)vs ›$77.02B13.25x17.11x14.89x15.23x
Medtronic plc (MDT)vs ›$104.05B22.54x27.47x27.69x28.55x
Regeneron Pharmaceuticals, Inc. (REGN)vs ›$62.78B15.88x18.44x23.58x21.58x
Vertex Pharmaceuticals Incorporated (VRTX)vs ›$113.82B30.17x32.24x28.36x25.07x
Bristol-Myers Squibb Company (BMY)vs ›$114.38B12.58x10.45x11.38x12.30x
Cencora, Inc. (COR)vs ›$54.76B41.80x34.66x22.69x19.63x
Cardinal Health, Inc. (CAH)vs ›$53.55B13.30x14.92x13.48x13.89x
Becton, Dickinson and Company (BDX)vs ›$52.72B18.24x23.33x27.78x30.74x

Cash Flow Valuation Comparison

EV/FCF

17.5x

P/FCF

11.3x

FCF Yield

8.81%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

HCA Healthcare, Inc. EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

HCA Healthcare, Inc. EV/FCF Ratio FAQ

What is the EV/FCF ratio for HCA Healthcare, Inc. (HCA)?
The EV/FCF ratio for HCA stock is 17.52x.
Is HCA Healthcare, Inc.'s EV/FCF ratio high or low?
HCA Healthcare, Inc.'s EV/FCF ratio of 17.52x is 46% below its 5-year average of 32.47x, near the low end of its 5-year range (14.00x–187.88x).
What is the TTM average EV/FCF ratio for HCA Healthcare, Inc. (HCA)?
The TTM average EV/FCF ratio for HCA stock is 20.06x.
What is the 3Y average EV/FCF ratio for HCA Healthcare, Inc. (HCA)?
The 3Y average EV/FCF ratio for HCA stock is 23.76x.
What is the 5Y average EV/FCF ratio for HCA Healthcare, Inc. (HCA)?
The 5Y average EV/FCF ratio for HCA stock is 23.92x.
What is the 10Y average EV/FCF ratio for HCA Healthcare, Inc. (HCA)?
The 10Y average EV/FCF ratio for HCA stock is 24.16x.
What is the 15Y average EV/FCF ratio for HCA Healthcare, Inc. (HCA)?
The 15Y average EV/FCF ratio for HCA stock is 24.29x.

HCA Healthcare, Inc. EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-1617.52x
2026-06-1517.32x
2026-06-1217.24x
2026-06-1116.99x
2026-06-1016.84x
2026-06-0916.89x
2026-06-0816.50x
2026-06-0516.81x
2026-06-0416.52x
2026-06-0316.56x
2026-06-0216.67x
2026-06-0116.78x
2026-05-2916.99x
2026-05-2817.16x
2026-05-2717.38x
2026-05-2617.39x
2026-05-2217.44x
2026-05-2117.39x
2026-05-2017.51x
2026-05-1917.74x
2026-05-1818.26x
2026-05-1518.26x
2026-05-1418.54x
2026-05-1318.39x
2026-05-1218.46x
2026-05-1118.36x
2026-05-0818.61x
2026-05-0718.44x
2026-05-0618.45x
2026-05-0518.43x
2026-05-0418.38x
2026-05-0118.55x
2026-04-3018.59x
2026-04-2918.60x
2026-04-2819.35x
2026-04-2719.76x
2026-04-2419.36x
2026-04-2320.61x
2026-04-2220.53x
2026-04-2120.52x
2026-04-2020.73x
2026-04-1721.03x
2026-04-1620.88x
2026-04-1521.05x
2026-04-1421.35x
2026-04-1321.31x
2026-04-1021.25x
2026-04-0921.60x
2026-04-0821.54x
2026-04-0721.08x
2026-04-0620.91x
2026-04-0220.54x
2026-04-0120.63x
2026-03-3120.58x
2026-03-3020.42x
2026-03-2720.54x
2026-03-2620.80x
2026-03-2520.91x
2026-03-2420.96x
2026-03-2321.22x
2026-03-2021.20x
2026-03-1921.38x
2026-03-1821.45x
2026-03-1721.68x
2026-03-1622.14x
2026-03-1322.38x
2026-03-1222.36x
2026-03-1122.51x
2026-03-1022.52x
2026-03-0922.74x
2026-03-0622.37x
2026-03-0522.42x
2026-03-0422.72x
2026-03-0322.64x
2026-03-0222.37x
2026-02-2722.28x
2026-02-2622.16x
2026-02-2522.60x
2026-02-2422.18x
2026-02-2322.47x
2026-02-2022.36x
2026-02-1922.25x
2026-02-1822.44x
2026-02-1722.43x
2026-02-1322.60x
2026-02-1222.44x
2026-02-1122.33x
2026-02-1021.44x
2026-02-0920.50x
2026-02-0620.63x
2026-02-0520.99x
2026-02-0420.39x
2026-02-0320.55x
2026-02-0220.48x
2026-01-3020.22x
2026-01-2920.05x
2026-01-2820.31x
2026-01-2720.75x
2026-01-2619.75x
2026-01-2319.70x
2026-01-2219.57x
2026-01-2119.54x
2026-01-2019.51x
2026-01-1619.66x
2026-01-1520.09x
2026-01-1419.94x
2026-01-1319.96x
2026-01-1219.81x
2026-01-0919.74x
2026-01-0819.95x
2026-01-0719.70x
2026-01-0620.08x
2026-01-0519.91x
2026-01-0219.69x
2025-12-3119.58x
2025-12-3019.77x
2025-12-2919.80x
2025-12-2619.89x
2025-12-2419.80x
2025-12-2319.80x
2025-12-2219.74x
2025-12-1919.77x
2025-12-1819.57x
2025-12-1719.73x
2025-12-1619.67x
2025-12-1519.89x
2025-12-1220.12x
2025-12-1120.05x
2025-12-1019.64x
2025-12-0920.23x
2025-12-0820.13x
2025-12-0520.18x
2025-12-0420.21x
2025-12-0320.18x
2025-12-0220.59x
2025-12-0120.67x
2025-11-2820.82x
2025-11-2621.02x
2025-11-2521.05x
2025-11-2420.61x
2025-11-2120.31x
2025-11-2019.87x
2025-11-1920.01x
2025-11-1819.92x
2025-11-1719.89x
2025-11-1419.76x
2025-11-1319.78x
2025-11-1219.79x
2025-11-1119.45x
2025-11-1019.36x
2025-11-0719.88x
2025-11-0619.72x
2025-11-0519.77x
2025-11-0419.73x
2025-11-0319.42x
2025-10-3119.37x
2025-10-3019.58x
2025-10-2921.77x
2025-10-2821.70x
2025-10-2721.75x
2025-10-2421.06x
2025-10-2320.83x
2025-10-2220.87x
2025-10-2120.56x
2025-10-2020.60x
2025-10-1720.37x
2025-10-1620.15x
2025-10-1520.17x
2025-10-1420.11x
2025-10-1319.85x
2025-10-1020.00x
2025-10-0920.13x
2025-10-0820.37x
2025-10-0720.75x
2025-10-0620.61x
2025-10-0320.48x
2025-10-0220.38x
2025-10-0120.36x
2025-09-3020.37x
2025-09-2920.19x
2025-09-2620.13x
2025-09-2519.99x
2025-09-2420.05x
2025-09-2319.81x
2025-09-2219.74x
2025-09-1919.58x
2025-09-1819.53x
2025-09-1719.48x
2025-09-1619.49x
2025-09-1519.60x
2025-09-1219.67x
2025-09-1119.59x
2025-09-1019.31x
2025-09-0919.94x
2025-09-0820.10x
2025-09-0520.19x
2025-09-0419.88x
2025-09-0319.75x
2025-09-0219.70x
2025-08-2919.63x
2025-08-2819.74x
2025-08-2719.67x
2025-08-2619.56x
2025-08-2519.59x
2025-08-2219.66x
2025-08-2119.64x
2025-08-2019.84x
2025-08-1919.59x
2025-08-1819.29x
2025-08-1519.36x
2025-08-1419.29x
2025-08-1319.18x
2025-08-1219.18x
2025-08-1118.93x
2025-08-0818.89x
2025-08-0718.61x
2025-08-0618.38x
2025-08-0518.30x
2025-08-0418.28x
2025-08-0127.17x
2025-07-3127.02x
2025-07-3027.07x
2025-07-2926.54x
2025-07-2826.34x
2025-07-2526.02x
2025-07-2426.39x
2025-07-2326.98x
2025-07-2226.86x
2025-07-2127.55x
2025-07-1827.38x
2025-07-1727.45x
2025-07-1627.45x
2025-07-1527.91x
2025-07-1428.35x
2025-07-1128.13x
2025-07-1028.24x
2025-07-0928.25x
2025-07-0828.21x
2025-07-0728.28x
2025-07-0328.15x
2025-07-0228.23x
2025-07-0128.81x
2025-06-3028.48x
2025-06-2728.29x
2025-06-2628.21x
2025-06-2528.03x
2025-06-2428.28x
2025-06-2328.26x
2025-06-2028.20x
2025-06-1828.17x
2025-06-1727.95x
2025-06-1627.75x
2025-06-1327.88x
2025-06-1227.91x
2025-06-1127.70x
2025-06-1027.57x
2025-06-0927.97x
2025-06-0628.55x
2025-06-0528.40x
2025-06-0428.41x

Showing the most recent 260 of 3,764 data points. The chart above shows the full history.

About HCA Healthcare, Inc.

HCA Healthcare, Inc., operating through its subsidiaries, delivers a comprehensive array of healthcare services throughout the United States. The organization manages a network of general and acute care hospitals that provide a full spectrum of medical and surgical care, encompassing inpatient services, intensive care, cardiac treatment, diagnostic procedures, and emergency services. These hospitals additionally offer a broad range of outpatient care, such as ambulatory surgery, laboratory testing, radiology, respiratory therapy, cardiology, and physical therapy. Beyond its hospital infrastructure, HCA Healthcare operates numerous specialized outpatient facilities. These include standalone ambulatory surgery centers, dedicated emergency care facilities, urgent care clinics, walk-in clinics, advanced diagnostic and imaging centers, rehabilitation and physical therapy centers, radiation and oncology treatment facilities, physician practices, and various other healthcare sites. Furthermore, the company oversees psychiatric hospitals, which offer diverse therapeutic programs. These services cater to child, adolescent, and adult psychiatric care, alongside adolescent and adult alcohol and drug abuse treatment and counseling. As of December 31, 2021, HCA Healthcare's extensive portfolio included 182 hospitals, specifically 175 general and acute care hospitals, five psychiatric hospitals, and two rehabilitation hospitals. Its network also featured 125 freestanding surgery centers and 21 freestanding endoscopy centers, all distributed across 20 states and England. Founded in 1968 and formerly known as HCA Holdings, Inc., the company's corporate headquarters are situated in Nashville, Tennessee.

Nashville, TN
320,000 employees
Healthcare / Medical - Care Facilities
Sector
Healthcare
Industry
Medical - Care Facilities
CEO
Samuel N. Hazen