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HCAHCA Healthcare, Inc.

The forward PE ratio is 13.58 as of Thursday, July 9, 2026.

Forward PE Ratio (13.58) = Close Price ($409.01) / Consensus Forward EPS ($30.23)

HCA Forward PE Ratio Metrics

FORWARD PE RATIO

13.58

HCA Competitors' Forward PE Ratio

HCA

HCA Healthcare, Inc.

Current

Market Cap

$90.73B

Forward PE Ratio

13.58

ELV

Elevance Health Inc.

vs HCA

Market Cap

$91.29B

Forward PE Ratio

15.46

MCK

McKesson Corporation

vs HCA

Market Cap

$92.82B

Forward PE Ratio

20.99

CI

Cigna Corporation

vs HCA

Market Cap

$77.19B

Forward PE Ratio

9.51

GSK

GSK plc

vs HCA

Market Cap

$105.09B

Forward PE Ratio

14.68

MDT

Medtronic plc

vs HCA

Market Cap

$105.46B

Forward PE Ratio

14.86

REGN

Regeneron Pharmaceuticals, Inc.

vs HCA

Market Cap

$68.81B

Forward PE Ratio

14.31

BSX

Boston Scientific Corporation

vs HCA

Market Cap

$66.87B

Forward PE Ratio

13.33

BMY

Bristol-Myers Squibb Company

vs HCA

Market Cap

$118.32B

Forward PE Ratio

9.11

COR

Cencora, Inc.

vs HCA

Market Cap

$58.85B

Forward PE Ratio

17.41

Trailing vs Forward

Trailing P/E

14.1

reported TTM EPS

Forward P/E

13.6

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $30.23 implies +4.0% EPS growth vs the reported trailing $29.08.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $409.01 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$30.23$29.25 – $30.761613.5x
2027-12-31$33.18$32.31 – $34.761612.3x
2028-12-31$37.22$35.26 – $39.02911.0x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for HCA Healthcare, Inc. (HCA)?
The forward PE ratio for HCA stock is 13.58.

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
230,000 employees
Healthcare / Medical - Care Facilities
Sector
Healthcare
Industry
Medical - Care Facilities
CEO
Samuel N. Hazen