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HCA Healthcare, Inc. (HCA)

463.22 +13.26 (+2.95%)
At close: October 28 at 4:00:02 PM EDT
470.49 +6.97 (+1.50%)
Pre-Market: 8:59:37 AM EDT
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HCA Q3 2026 earnings call
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What's happening with HCA?

13m ago
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HCA Healthcare delivered a Q3 earnings beat, supported by higher admissions and emergency-room demand. However, uninsured patients and declining Medicaid supplemental payments are creating a significant earnings headwind, while the company expects 2027 earnings to remain generally consistent with 2026. HCA also announced extensive Healthgrades recognition across its hospital network, adding a quality-focused operational development.

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  • Previous Close 449.96
  • Open 445.42
  • Bid 438.88 x 40000
  • Ask 470.22 x 8000
  • Day's Range 445.00 - 466.00
  • 52 Week Range 353.99 - 556.52
  • Volume 2,131,448
  • Avg. Volume 1,318,815
  • Market Cap (intraday) 100.288B
  • Beta (5Y Monthly) 1.11
  • PE Ratio (TTM) 15.36
  • EPS (TTM) 30.15
  • Earnings Date (est.) Jan 26, 2027
  • Forward Dividend & Yield 3.12 (0.67%)
  • 1y Target Est 471.23
  • Morningstar Rating Rating available with Stock Picks access

HCA Healthcare, Inc., through its subsidiaries, provides health care services in the United States. The company owns, manages, and operates hospitals, ASCs, freestanding emergency care facilities, urgent care facilities, walk-in clinics, diagnostic and imaging centers, radiation and oncology therapy centers, as well as rehabilitation and physical therapy centers, physician practices, home health agencies, hospices, outpatient physical therapy providers, home and community-based services providers, and various other facilities. Its general and acute care hospitals offer medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic services, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy. The company was formerly known as HCA Holdings, Inc. HCA Healthcare, Inc. was founded in 1968 and is headquartered in Nashville, Tennessee.

www.hcahealthcare.com

230,000

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

HCA
0.25%
S&P 500 (^GSPC)
13.13%

1-Year Return

HCA
0.02%
S&P 500 (^GSPC)
12.38%

3-Year Return

HCA
110.37%
S&P 500 (^GSPC)
88.08%

5-Year Return

HCA
92.70%
S&P 500 (^GSPC)
68.48%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 19.85B
Earnings 1.58B
Profit Margin 7.96%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
5B
10B
15B
20B
8.0%
8.5%
9.0%
9.5%

Analyst Insights

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Analyst Price Targets

380.00 Low
471.23 Average
463.22 Current
579.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/28/2026
Analyst TD Cowen
Rating Action Maintains
Rating Buy
Price Action Raises
Price Target 460 -> 486

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    8.61%

  • Return on Assets (ttm)

    12.23%

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    78.7B

  • Net Income Avi to Common (ttm)

    6.78B

  • Diluted EPS (ttm)

    30.15

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    908M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    3.83B

Company Insights

Research Reports

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