HCA (HCA Healthcare) EBIT: $12,077 Mil (TTM As of Mar. 2026)


HCA HCA Healthcare Inc HCA
93 GF Score
Price $387.76
GF Value $451.47
Valuation Modestly Undervalued
! 3 Warning Signs
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What is HCA Healthcare EBIT?

HCA Healthcare HCA +0.22% 93 EBIT is $12,077 Mil as of Mar. 2026. GuruFocus rates HCA with a GF Score™ of 93/100 and a GF Value™ of $451.47 (Modestly Undervalued). The stock has 3 warning signs investors should review.

HCA Healthcare's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $2,871 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $12,077 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HCA Healthcare's annualized ROC % for the quarter that ended in Mar. 2026 was 17.70%. HCA Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 30.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HCA Healthcare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.74%.


HCA Healthcare  (NYSE:HCA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

HCA Healthcare's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=11452 * ( 1 - 18.8% )/( (51157 + 53930)/ 2 )
=9299.024/52543.5
=17.70 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

HCA Healthcare's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11484/( ( (33271 + max(3634, 0)) + (33566 + max(4386, 0)) )/ 2 )
=11484/( ( 36905 + 37952 )/ 2 )
=11484/37428.5
=30.68 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10867 + 1652 + 2224) - (10130 + 0 + 979)
=3634

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11324 + 1681 + 2107) - (10726 + 0 + 0)
=4386

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

HCA Healthcare's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=12077/138250.599
=8.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HCA Healthcare EBIT Related Terms


HCA Healthcare EBIT Historical Data

* Premium members only.

The historical data trend for HCA Healthcare's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HCA Healthcare EBIT Chart

HCA Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,399.00 10,321.00 9,644.00 10,584.00 12,080.00

HCA Healthcare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,874.00 2,983.00 2,979.00 3,244.00 2,871.00

HCA vs THC, DVA, EHC: EBIT Comparison

For the Medical Care Facilities subindustry, HCA Healthcare's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HCA Healthcare EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HCA Healthcare's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where HCA Healthcare's EV-to-EBIT falls into.


HCA
93GF Score
HCA Healthcare Inc HCA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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HCA Healthcare EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $12,077 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $12,077 Mil mean?
HCA Healthcare (HCA) has a EBIT of $12,077 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on HCA Healthcare.
Is HCA Healthcare's EBIT too high?
HCA Healthcare's current EBIT is $12,077 Mil. Overall, HCA Healthcare has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HCA Healthcare's EBIT compare to THC and DVA?
HCA Healthcare's EBIT of $12,077 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on HCA Healthcare. HCA Healthcare's current EBIT is $12,077 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HCA Healthcare stock overvalued right now?
Based on GuruFocus' analysis, HCA Healthcare (HCA) is currently considered Modestly Undervalued. The stock's GF Value™ is $451.47, compared to a current price of $387.76 — trading 14.1% below its estimated fair value. The current EBIT is $12,077 Mil. HCA Healthcare's overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For HCA Healthcare (HCA), the current EBIT is $12,077 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HCA Healthcare (HCA) Overvalued in 2026?

Based on GuruFocus' analysis, HCA Healthcare stock appears to be undervalued. The current stock price of $387.76 is trading 14.1% below its estimated GF Value™ of $451.47. GuruFocus considers HCA Healthcare to be Modestly Undervalued.

Key valuation signals for HCA:

  • EBIT: $12,077 Mil
  • GF Value™: $451.47 vs. price of $387.76 (14.1% below fair value)
  • GF Score™: 93/100 with 3 warning signs

No single metric tells the full story. See the HCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HCA Healthcare Business Description

Address One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2025, the firm owned and operated 190 hospitals and over 2,500 outpatient facillities across 19 states and a small foothold in the United Kingdom.
93GF Score

Get the complete analysis for HCA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$387.76
Price
$451.47
GF Value