HCA Healthcare price to free cash flow HCA
Market value divided by free cash flow over the last twelve months, since 2012.
- Today, Oct 23, 2026
- 16.9×
- 10-year median
- 14.3×
- Against its 10-year history
- 79th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 3.5× to 129×
- Peer median
- 18.7×
HCA Healthcare's price to free cash flow is 16.9× as of Oct 23, 2026.
That is above its ten-year median of 14.3×, higher than on 79% of days in the last ten years.
Over that time it ranged from 3.5× in Oct 2020 to 129× in Sep 2021.
The median for 6 hospital and care facility stocks of a similar size is 18.7×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 16.9× | 10.4× | 16.9× |
| 2025 | 13.4× | 12.2× | 18.8× |
| 2024 | 13.0× | 13.0× | 21.9× |
| 2023 | 16.6× | 13.1× | 19.7× |
| 2022 | 16.3× | 11.2× | 17.5× |
| 2021 | 125× | 4.6× | 129× |
| 2020 | 4.7× | 3.5× | 15.7× |
| 2019 | 15.6× | 12.4× | 17.9× |
| 2018 | 14.4× | 12.4× | 20.7× |
| 2017 | 12.5× | 10.0× | 12.7× |
| 2016 | 9.8× | 9.2× | 13.6× |
| 2015 | 10.9× | 10.4× | 16.4× |
| 2014 | 16.5× | 12.1× | 20.2× |
| 2013 | 11.7× | 5.6× | 14.5× |
| 2012 | 5.3× | 4.2× | 6.3× |
Against its peers
Companies in Medical - Care Facilities nearest HCA Healthcare's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| HCAHCA Healthcare | 16.9× |
| THCTenet Healthcare | 7.2× |
| EHCEncompass Health | 29.6× |
| BTSGBrightSpring Health Services | 29.6× |
| DVADavita | 7.3× |
| UHSUniversal Health Services | 13.0× |
| ENSGEnsign | 24.4× |
| Peer median | 18.7× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on HCA Healthcare
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.