HCA (HCA Healthcare) FCF Margin %: 4.68% (As of Mar. 2026) — 34% Below Median


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 FCF Margin %?

HCA Healthcare HCA +0.22% 93 FCF Margin % is 4.68% as of Mar. 2026, which is 34% below its 10-year median of 7.09. 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. Among 669 Healthcare Providers & Services companies, HCA Healthcare ranks better than 73.99% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. HCA Healthcare's Free Cash Flow for the three months ended in Mar. 2026 was $895 Mil. HCA Healthcare's Revenue for the three months ended in Mar. 2026 was $19,109 Mil. Therefore, HCA Healthcare's FCF Margin % for the quarter that ended in Mar. 2026 was 4.68%.

As of today, HCA Healthcare's current FCF Yield % is 9.22%.

The historical rank and industry rank for HCA Healthcare's FCF Margin % or its related term are showing as below:

HCA' s FCF Margin % Range Over the Past 10 Years
Min: 5.53   Med: 7.09   Max: 12.41
Current: 10.38


During the past 13 years, the highest FCF Margin % of HCA Healthcare was 12.41%. The lowest was 5.53%. And the median was 7.09%.

HCA's FCF Margin % is ranked better than
73.99% of 669 companies
in the Healthcare Providers & Services industry
Industry Median: 3.34 vs HCA: 10.38


HCA Healthcare FCF Margin % Related Terms


HCA Healthcare FCF Margin % Historical Data

* Premium members only.

The historical data trend for HCA Healthcare's FCF Margin % 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 FCF Margin % Chart

HCA Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.16 6.85 7.21 7.99 10.17

HCA Healthcare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 3.60 16.31 16.32 4.46 4.68

HCA vs THC, DVA, EHC: FCF Margin % Comparison

For the Medical Care Facilities subindustry, HCA Healthcare's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HCA Healthcare's FCF Margin % distribution charts can be found below:

* The bar in red indicates where HCA Healthcare's FCF Margin % falls into.


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

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

HCA Healthcare's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=7692/75600
=10.17 %

HCA Healthcare's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=895/19109
=4.68 %

* 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 FCF Margin % →
What does a FCF Margin % of 4.68% mean?
HCA Healthcare (HCA) has a FCF Margin % of 4.68% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on HCA Healthcare and its competitors. This is 34% below median its historical median of 7.09. Over the past decade, HCA Healthcare's FCF Margin % has ranged from 5.53 to 12.41. According to the industry distribution chart, HCA Healthcare ranks #174 out of 669 companies in the Healthcare Providers & Services industry, placing it in the top 26%.
Is HCA Healthcare's FCF Margin % too high?
HCA Healthcare's current FCF Margin % of 4.68% is 34% below median its 10-year median of 7.09. Over the past 10 years, this metric has ranged from a low of 5.53 to a high of 12.41. The Healthcare Providers & Services industry median FCF Margin % is 3.34. HCA Healthcare's value of 4.68% is 40.1% above this industry median. Based on the distribution chart, HCA Healthcare ranks #174 out of 669 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. 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 FCF Margin % compare to THC and DVA?
According to the Healthcare Providers & Services industry distribution chart, HCA Healthcare ranks #174 out of 669 companies for FCF Margin %. This puts HCA Healthcare in the upper half of its industry. The industry median FCF Margin % is 3.34. HCA Healthcare's value of 4.68% is 40.1% above this benchmark. Historically, HCA Healthcare's own FCF Margin % has ranged from 5.53 to 12.41 over the past decade. While the company's 10-year median is 7.09 vs. the industry median of 3.34, HCA Healthcare has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Healthcare Providers & Services company?
The median FCF Margin % among Healthcare Providers & Services companies is 3.34, based on 669 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HCA Healthcare's current FCF Margin % of 4.68% is 40.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on HCA Healthcare and its competitors. For the Healthcare Providers & Services industry, the median FCF Margin % is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HCA Healthcare's current FCF Margin % is 4.68%, which is 34% below median its own 10-year median of 7.09. 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 FCF Margin % is 4.68%, which is 34% below median its 10-year median of 7.09 and 40.1% above the Healthcare Providers & Services industry median of 3.34. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For HCA Healthcare (HCA), the current FCF Margin % is 4.68% 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:

  • FCF Margin %: 4.68% (34% below median its 10-year median of 7.09)
  • GF Value™: $451.47 vs. price of $387.76 (14.1% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 40.1% above the Healthcare Providers & Services median (#174 of 669)

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

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

$387.76
Price
$451.47
GF Value