HCA Healthcare, Inc. (HCA) Financial Statements
HCA Healthcare financial statements at a glance
HCA Healthcare reported revenue of $75.60 billion for fiscal year 2025 (ended December 31, 2025), up 7.1% from fiscal year 2024. Net income was $6.78 billion, a net margin of 9.0%.
At the end of fiscal year 2025 it had total assets of $60.72 billion, total liabilities of $66.75 billion and shareholders' equity of -$6.03 billion, with total debt of $46.49 billion.
Its operations brought in $12.64 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
HCA Healthcare, Inc.
Income Statement
Annual • USD
HCA Healthcare key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $75.6B | $70.6B | $65.0B | $60.2B | $58.8B |
| Gross profit | $64.2B | $59.8B | $55.1B | $50.9B | $22.5B |
| Operating income | $12.0B | $10.5B | $9.6B | $9.0B | $9.7B |
| Net income | $6.8B | $5.8B | $5.2B | $5.6B | $7.0B |
| Diluted EPS | – | – | – | – | $21.16 |
| Total assets | $60.7B | $59.5B | $56.2B | $52.4B | $50.7B |
| Total liabilities | $66.7B | $62.0B | $58.0B | $55.2B | $49.3B |
| Shareholders' equity | -$6.0B | -$2.5B | -$1.8B | -$2.8B | -$933.0M |
| Cash | – | – | – | – | $1.5B |
| Total debt | $46.5B | $43.0B | $39.6B | $38.1B | $36.7B |
| Operating cash flow | $12.6B | $10.5B | $9.4B | $8.5B | $9.0B |
| Capital spending | – | – | – | – | $3.6B |
| Free cash flow | – | – | – | – | $5.4B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was HCA Healthcare's revenue in fiscal year 2025?
$75.60 billion, up 7.1% from $70.60 billion in fiscal year 2024.
How much profit does HCA Healthcare make?
HCA Healthcare reported net income of $6.78 billion for fiscal year 2025 (9.0% of revenue); operating income was $11.97 billion.
How much cash and debt does HCA Healthcare have?
At the end of fiscal year 2025: total debt of $46.49 billion.
