HCA Healthcare, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for HCA Healthcare, Inc. (HCA), the latest P/E of 13.4 frames valuation, while ROE -112.87% and ROIC 19.41% indicates profitability and capital efficiency. Together with the current ratio of 0.78 and debt-to-equity -7.42, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

HCA Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$350.10$273.02$238.50$207.45$181.72$152.34$150.45$136.13$124.58$111.97
Net Income per Share$30.70$22.27$19.24$19.44$21.51$11.10$10.27$11.04$6.33$7.80
Operating Cash Flow per Share$49.92$40.66$34.62$29.35$27.71$27.29$22.28$19.72$15.50$15.26
Free Cash Flow per Share$26.91$21.81$17.21$14.21$16.65$18.91$10.09$9.30$6.89$7.81
Cash per Share$4.55$7.82$3.43$3.13$4.49$5.30$1.82$1.46$2.09$1.74
Book Value per Share$-14.10$2.15$3.89$-0.25$4.61$8.55$-1.66$-8.51$-14.27$-15.20
Tangible Book Value per Share$-61.95$-36.88$-32.62$-33.50$-24.90$-16.81$-25.89$-31.70$-35.39$-33.30
Interest Debt per Share$229.29$182.90$160.78$144.44$118.32$102.33$109.65$100.86$99.20$88.99
CAPEX per Share$23.01$18.85$17.42$15.14$11.06$8.38$12.19$10.42$8.61$7.45

HCA Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)13.4213.4814.0712.3511.9414.8214.3911.2713.889.49
Price to Book (P/B)-13.63-31.06-41.56-25.18-89.0397.26-17.96-8.62-4.52-3.76
Price to Sales (P/S)1.121.11.131.161.411.080.980.910.710.66
Enterprise Value to EBITDA8.518.79.018.28.338.958.8287.716.94
EV to Sales1.731.711.761.812.011.691.661.611.451.4
EV to Operating Cash Flow12.1211.512.1612.7913.219.4111.2311.0911.6310.29
EV to Free Cash Flow22.4821.4424.4626.421.9913.5824.7923.5226.1620.1
Enterprise Value$134.81B$120.92B$114.66B$108.96B$118.34B$86.90B$85.38B$74.99B$63.08B$58.16B

HCA Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)-112.87%-230.49%-295.49%-203.94%-745.55%656.29%-124.82%-76.51%-32.56%-39.58%
Return on Invested Capital (ROIC)19.41%16.68%16.42%16.66%18.18%14.90%15.09%16.73%12.38%15.69%
Return on Tangible Assets13.72%11.66%11.33%13.19%16.88%9.65%9.53%12.12%7.59%10.68%
Earnings Yield7.63%7.42%7.11%8.10%8.37%6.75%6.95%8.87%7.21%10.54%
Free Cash Flow Yield6.89%7.26%6.36%5.92%6.48%11.50%6.83%7.47%7.84%10.55%
Dividend Yield0.75%0.89%0.90%0.94%0.75%0.28%1.09%1.14%0.00%0.00%

HCA Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.781.081.181.381.411.421.441.351.621.56
Interest Coverage5.215.124.975.216.334.663.923.743.633.87
Income Quality1.631.581.81.251.162.11.831.541.981.65
Debt to Equity-7.42-18.1-23.6-14.53-39.3657.79-12.67-6.63-4.86-4.3
Debt to Assets80.58%76.01%74.47%76.66%72.38%69.61%78.94%83.71%90.34%92.94%
Net Debt to EBITDA3.023.123.222.962.483.223.613.453.953.67

HCA Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover6.356.576.526.777.267.316.966.886.717.12
Payables Turnover11.7614.0413.0712.0711.9412.5215.0215.3814.2315.04
Inventory Turnover33.6334.5527.3824.7524.7121.8623.5922.8923.5823.2
Days Sales Outstanding57.4655.5855.9553.8850.2949.9452.4753.0954.4151.25
Days Payables Outstanding31.0325.9927.9230.2330.5829.1424.3123.7325.6424.26
Days of Inventory on Hand10.8510.5613.3314.7514.7716.715.4715.9515.4815.73

HCA Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA8.518.79.018.28.338.958.8287.716.94
Market Cap$87.05B$77.62B$73.73B$69.67B$83.07B$55.63B$50.43B$42.67B$30.75B$27.43B
Enterprise Value$134.81B$120.92B$114.66B$108.96B$118.34B$86.90B$85.38B$74.99B$63.08B$58.16B
Dividend Yield0.75%0.89%0.90%0.94%0.75%0.28%1.09%1.14%0.00%0.00%
Payout Ratio9.97%11.98%12.61%11.57%8.97%4.08%15.69%12.86%0.00%0.00%

Frequently Asked Questions

How does HCA Healthcare, Inc.’s P/E ratio compare with its history?

On this page, HCA's current P/E is 13.4, compared with a multi-year average around 12.9. When the current P/E sits near its historical average, the multiple is close to that range. Look at trend direction in profitability and cash-flow rows, plus liquidity and leverage, rather than treating the P/E in isolation.

What is HCA Healthcare, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $87.05B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does HCA Healthcare, Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with HCA Healthcare, Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does HCA Healthcare, Inc. compare to its competitors in key financial ratios?

The fastest way to compare HCA Healthcare, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see HCA Healthcare, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do HCA Healthcare, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that HCA Healthcare, Inc. is financially strong. Current ratio is about 0.78, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 5.21, implying a stronger ability to cover interest expenses. Debt-to-equity is about -7.42, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do HCA Healthcare, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If HCA Healthcare, Inc. is sustaining strong returns (for example ROE at -112.87% and ROIC at 19.41%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.