Health Care · Health Care Facilities
HCA Healthcare: revenue, profit and dividends
In fiscal 2025, HCA Healthcare had revenue of $75.6B, up 8.0% a year on average since 2020, and net income of $6.78B (9.0% of revenue). Its dividend per share has gone up 5 years in a row, to $2.88. It has 44% fewer shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2020 · +7.1% vs 2024
- Ticker
- HCA · NYSE
- Sector
- Health Care
- Sub-industry
- Health Care Facilities
- Headquarters
- Nashville, Tennessee
- Founded
- 1968
- In the S&P 500 since
- January 27, 2015
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- HCA Healthcare, Inc. · CIK 0000860730
Revenue and net income
Revenue went from $26.8B in 2009 to $75.6B in 2025.
Diluted earnings per share
Diluted EPS went from $2.44 in 2009 to $28.33 in 2025. Ten-year growth: 19.0% a year.
Dividends per share
Raised 5 years in a row, every year from 2021 to 2025.
Shares outstanding
43.9% fewer shares in 2025 than in 2015 (427M → 239M): buybacks outweighed new shares.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $7.69B in 2025, 10.2% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $75.6B | $6.78B | 9.0% | $28.33 | $2.88 | 239M | $12.6B | $4.94B | $7.69B |
| 2024 | $70.6B | $5.76B | 8.2% | $22.00 | $2.64 | 262M | $10.5B | $4.88B | $5.64B |
| 2023 | $65B | $5.24B | 8.1% | $18.97 | $2.40 | 276M | $9.43B | $4.74B | $4.69B |
| 2022 | $60.2B | $5.64B | 9.4% | $19.15 | $2.24 | 295M | $8.52B | $4.39B | $4.13B |
| 2021 | $58.8B | $6.96B | 11.8% | $21.16 | $1.92 | 329M | $8.96B | $3.58B | $5.38B |
| 2020 | $51.5B | $3.75B | 7.3% | $10.93 | $0.43 | 344M | $9.23B | $2.83B | $6.4B |
| 2019 | $51.3B | $3.5B | 6.8% | $10.07 | $1.60 | 348M | $7.6B | $4.16B | $3.44B |
| 2018 | $46.7B | $3.79B | 8.1% | $10.66 | $1.40 | 355M | $6.76B | $3.57B | $3.19B |
| 2017 | $43.6B | $2.22B | 5.1% | $5.95 | — | 372M | $5.43B | $3.02B | $2.41B |
| 2016 | $41.5B | $2.89B | 7.0% | $7.30 | — | 396M | $5.65B | $2.76B | $2.89B |
| 2015 | — | $2.13B | — | $4.99 | — | 427M | $4.73B | $2.38B | $2.36B |
| 2014 | $36.9B | $1.88B | 5.1% | $4.16 | — | 450M | $4.45B | $2.18B | $2.27B |
| 2013 | $34.2B | $1.56B | 4.6% | $3.37 | — | 462M | $3.68B | $1.94B | $1.74B |
| 2012 | $33B | $1.6B | 4.9% | $3.49 | $6.50 | 459M | $4.17B | $1.86B | $2.31B |
| 2011 | $29.7B | $2.46B | 8.3% | $4.97 | — | 496M | $3.93B | $1.68B | $2.25B |
| 2010 | $28B | $1.21B | 4.3% | $2.76 | $9.43 | 437M | $3.08B | $1.32B | $1.76B |
| 2009 | $26.8B | $1.05B | 3.9% | $2.44 | — | 432M | $2.75B | $1.32B | $1.43B |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Health Care Facilities companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.