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HCA Healthcare, Inc. (HCA) EV/Sales Ratio: 1.82x

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

HCA Healthcare, Inc.'s EV/Sales ratio of 1.82x is in line with its 5-year average of 1.92x, around the middle of its 5-year range (1.48x–2.31x).

As of Tuesday, June 16, 2026. 11.39% below its 12-month average of 2.05x.

HCA EV/Sales Ratio Chart

HCA EV/Sales Ratio
1.82x-5.21% 1Y
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HCA Average EV/Sales Ratio Chart

HCA Current vs Average EV/Sales Ratio Chart

HCA EV/Sales Ratio Metrics

EV/SALES RATIO

1.82x

EV/SALES RATIO AVG TTM

2.05x

EV/SALES RATIO AVG 3Y

1.95x

EV/SALES RATIO AVG 5Y

1.92x

EV/SALES RATIO AVG 10Y

1.75x

EV/SALES RATIO AVG 15Y

1.65x

EV/SALES RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-11.39%

CURRENT VS 3Y AVG

-6.58%

CURRENT VS 5Y AVG

-5.21%

CURRENT VS 10Y AVG

+3.90%

CURRENT VS 15Y AVG

+10.59%

CURRENT VS 20Y AVG

N/A

HCA Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
HCA Healthcare, Inc. (HCA)$88.05B1.82x2.05x1.95x1.92x
Elevance Health Inc. (ELV)vs ›$86.74B0.55x0.51x0.67x0.76x
Cigna Corporation (CI)vs ›$77.02B0.37x0.38x0.50x0.55x
Medtronic plc (MDT)vs ›$104.05B3.44x4.21x4.19x4.55x
Regeneron Pharmaceuticals, Inc. (REGN)vs ›$62.78B4.42x5.04x6.56x6.20x
Vertex Pharmaceuticals Incorporated (VRTX)vs ›$113.82B9.13x9.42x10.00x9.07x
Bristol-Myers Squibb Company (BMY)vs ›$114.38B3.09x2.99x3.12x3.47x
Cencora, Inc. (COR)vs ›$54.76B0.20x0.21x0.19x0.17x
Cardinal Health, Inc. (CAH)vs ›$53.55B0.23x0.21x0.16x0.14x
Becton, Dickinson and Company (BDX)vs ›$52.72B2.68x2.87x3.33x3.47x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

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

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

HCA Healthcare, Inc. EV/Sales Ratio FAQ

What is the EV/Sales ratio for HCA Healthcare, Inc. (HCA)?
The EV/Sales ratio for HCA stock is 1.82x.
Is HCA Healthcare, Inc.'s EV/Sales ratio high or low?
HCA Healthcare, Inc.'s EV/Sales ratio of 1.82x is in line with its 5-year average of 1.92x, around the middle of its 5-year range (1.48x–2.31x).
What is the TTM average EV/Sales ratio for HCA Healthcare, Inc. (HCA)?
The TTM average EV/Sales ratio for HCA stock is 2.05x.
What is the 3Y average EV/Sales ratio for HCA Healthcare, Inc. (HCA)?
The 3Y average EV/Sales ratio for HCA stock is 1.95x.
What is the 5Y average EV/Sales ratio for HCA Healthcare, Inc. (HCA)?
The 5Y average EV/Sales ratio for HCA stock is 1.92x.
What is the 10Y average EV/Sales ratio for HCA Healthcare, Inc. (HCA)?
The 10Y average EV/Sales ratio for HCA stock is 1.75x.
What is the 15Y average EV/Sales ratio for HCA Healthcare, Inc. (HCA)?
The 15Y average EV/Sales ratio for HCA stock is 1.65x.

HCA Healthcare, Inc. EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-161.82x
2026-06-151.80x
2026-06-121.79x
2026-06-111.76x
2026-06-101.75x
2026-06-091.75x
2026-06-081.71x
2026-06-051.74x
2026-06-041.71x
2026-06-031.72x
2026-06-021.73x
2026-06-011.74x
2026-05-291.76x
2026-05-281.78x
2026-05-271.80x
2026-05-261.80x
2026-05-221.81x
2026-05-211.80x
2026-05-201.82x
2026-05-191.84x
2026-05-181.89x
2026-05-151.90x
2026-05-141.92x
2026-05-131.91x
2026-05-121.92x
2026-05-111.91x
2026-05-081.93x
2026-05-071.91x
2026-05-061.91x
2026-05-051.91x
2026-05-041.91x
2026-05-011.93x
2026-04-301.93x
2026-04-291.93x
2026-04-281.97x
2026-04-272.01x
2026-04-241.97x
2026-04-232.10x
2026-04-222.09x
2026-04-212.09x
2026-04-202.11x
2026-04-172.14x
2026-04-162.12x
2026-04-152.14x
2026-04-142.17x
2026-04-132.17x
2026-04-102.16x
2026-04-092.20x
2026-04-082.19x
2026-04-072.14x
2026-04-062.13x
2026-04-022.09x
2026-04-012.10x
2026-03-312.09x
2026-03-302.08x
2026-03-272.09x
2026-03-262.12x
2026-03-252.13x
2026-03-242.13x
2026-03-232.16x
2026-03-202.16x
2026-03-192.18x
2026-03-182.18x
2026-03-172.21x
2026-03-162.25x
2026-03-132.28x
2026-03-122.28x
2026-03-112.29x
2026-03-102.29x
2026-03-092.31x
2026-03-062.28x
2026-03-052.28x
2026-03-042.31x
2026-03-032.30x
2026-03-022.28x
2026-02-272.27x
2026-02-262.26x
2026-02-252.30x
2026-02-242.26x
2026-02-232.29x
2026-02-202.27x
2026-02-192.26x
2026-02-182.28x
2026-02-172.28x
2026-02-132.30x
2026-02-122.28x
2026-02-112.27x
2026-02-102.18x
2026-02-092.23x
2026-02-062.25x
2026-02-052.28x
2026-02-042.22x
2026-02-032.24x
2026-02-022.23x
2026-01-302.20x
2026-01-292.18x
2026-01-282.21x
2026-01-272.26x
2026-01-262.15x
2026-01-232.14x
2026-01-222.13x
2026-01-212.13x
2026-01-202.12x
2026-01-162.14x
2026-01-152.19x
2026-01-142.17x
2026-01-132.17x
2026-01-122.16x
2026-01-092.15x
2026-01-082.17x
2026-01-072.14x
2026-01-062.19x
2026-01-052.17x
2026-01-022.14x
2025-12-312.13x
2025-12-302.15x
2025-12-292.16x
2025-12-262.17x
2025-12-242.16x
2025-12-232.16x
2025-12-222.15x
2025-12-192.15x
2025-12-182.13x
2025-12-172.15x
2025-12-162.14x
2025-12-152.16x
2025-12-122.19x
2025-12-112.18x
2025-12-102.14x
2025-12-092.20x
2025-12-082.19x
2025-12-052.20x
2025-12-042.20x
2025-12-032.20x
2025-12-022.24x
2025-12-012.25x
2025-11-282.27x
2025-11-262.29x
2025-11-252.29x
2025-11-242.24x
2025-11-212.21x
2025-11-202.16x
2025-11-192.18x
2025-11-182.17x
2025-11-172.17x
2025-11-142.15x
2025-11-132.15x
2025-11-122.15x
2025-11-112.12x
2025-11-102.11x
2025-11-072.16x
2025-11-062.15x
2025-11-052.15x
2025-11-042.15x
2025-11-032.11x
2025-10-312.11x
2025-10-302.13x
2025-10-292.18x
2025-10-282.18x
2025-10-272.18x
2025-10-242.11x
2025-10-232.09x
2025-10-222.09x
2025-10-212.06x
2025-10-202.07x
2025-10-172.04x
2025-10-162.02x
2025-10-152.02x
2025-10-142.02x
2025-10-131.99x
2025-10-102.01x
2025-10-092.02x
2025-10-082.04x
2025-10-072.08x
2025-10-062.07x
2025-10-032.05x
2025-10-022.04x
2025-10-012.04x
2025-09-302.04x
2025-09-292.03x
2025-09-262.02x
2025-09-252.01x
2025-09-242.01x
2025-09-231.99x
2025-09-221.98x
2025-09-191.96x
2025-09-181.96x
2025-09-171.95x
2025-09-161.96x
2025-09-151.97x
2025-09-121.97x
2025-09-111.97x
2025-09-101.94x
2025-09-092.00x
2025-09-082.02x
2025-09-052.03x
2025-09-041.99x
2025-09-031.98x
2025-09-021.98x
2025-08-291.97x
2025-08-281.98x
2025-08-271.97x
2025-08-261.96x
2025-08-251.97x
2025-08-221.97x
2025-08-211.97x
2025-08-201.99x
2025-08-191.96x
2025-08-181.93x
2025-08-151.94x
2025-08-141.93x
2025-08-131.92x
2025-08-121.92x
2025-08-111.90x
2025-08-081.89x
2025-08-071.87x
2025-08-061.84x
2025-08-051.84x
2025-08-041.83x
2025-08-011.88x
2025-07-311.87x
2025-07-301.87x
2025-07-291.83x
2025-07-281.82x
2025-07-251.80x
2025-07-241.82x
2025-07-231.86x
2025-07-221.86x
2025-07-211.90x
2025-07-181.89x
2025-07-171.90x
2025-07-161.90x
2025-07-151.93x
2025-07-141.96x
2025-07-111.94x
2025-07-101.95x
2025-07-091.95x
2025-07-081.95x
2025-07-071.95x
2025-07-031.95x
2025-07-021.95x
2025-07-011.99x
2025-06-301.97x
2025-06-271.96x
2025-06-261.95x
2025-06-251.94x
2025-06-241.95x
2025-06-231.95x
2025-06-201.95x
2025-06-181.95x
2025-06-171.93x
2025-06-161.92x
2025-06-131.93x
2025-06-121.93x
2025-06-111.91x
2025-06-101.91x
2025-06-091.93x
2025-06-061.97x
2025-06-051.96x
2025-06-041.96x

Showing the most recent 260 of 3,840 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