HCA HealthcareHCA -0.94%91 Dividend Payout Ratio is 0.11 as of Mar. 2026, which is 8% below its 10-year median of 0.12. GuruFocus rates HCA with a GF Score™ of 91/100 and a GF Value™ of $451.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 247 Healthcare Providers & Services companies, HCA Healthcare ranks better than 92.31% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. HCA Healthcare's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.11.
The historical rank and industry rank for HCA Healthcare's Dividend Payout Ratio or its related term are showing as below:
HCA'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.12 Max: 0.15
Current: 0.1
During the past 13 years, the highest Dividend Payout Ratio of HCA Healthcare was 0.15. The lowest was 0.04. And the median was 0.12.
HCA's Dividend Payout Ratio is ranked better than 92.31% of 247
companies
in the Healthcare Providers & Services industry
Industry Median: 0.41
vs HCA: 0.10
During the past 12 months, HCA Healthcare's average Dividends Per Share Growth Rate was 8.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 8.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 35.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HCA Healthcare was 77.40% per year. The lowest was 8.70% per year. And the median was 11.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
HCA Healthcare (NYSE:HCA) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
HCA Healthcare Dividend Payout Ratio Related Terms
HCA Healthcare Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for HCA Healthcare's Dividend Payout Ratio 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 vs THC, DVA, EHC: Dividend Payout Ratio Comparison
For the Medical Care Facilities subindustry, HCA Healthcare's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, HCA Healthcare's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where HCA Healthcare's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
HCA Healthcare's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (HCA) has a Dividend Payout Ratio of 0.11 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on HCA Healthcare and its competitors. This is near median its historical median of 0.12. Over the past decade, HCA Healthcare's Dividend Payout Ratio has ranged from 0.04 to 0.15. According to the industry distribution chart, HCA Healthcare ranks #19 out of 247 companies in the Healthcare Providers & Services industry, placing it in the top 7.7%.
Is HCA Healthcare's Dividend Payout Ratio too high?
HCA Healthcare's current Dividend Payout Ratio of 0.11 is near median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.15. The Healthcare Providers & Services industry median Dividend Payout Ratio is 0.41. HCA Healthcare's value of 0.11 is 73.2% below this industry median. Based on the distribution chart, HCA Healthcare ranks #19 out of 247 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, HCA Healthcare has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HCA Healthcare's Dividend Payout Ratio compare to THC and DVA?
According to the Healthcare Providers & Services industry distribution chart, HCA Healthcare ranks #19 out of 247 companies for Dividend Payout Ratio. This places HCA Healthcare in the top 8% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.41. HCA Healthcare's value of 0.11 is 73.2% below this benchmark. Historically, HCA Healthcare's own Dividend Payout Ratio has ranged from 0.04 to 0.15 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.41, HCA Healthcare has consistently been below 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 Dividend Payout Ratio for a Healthcare Providers & Services company?
The median Dividend Payout Ratio among Healthcare Providers & Services companies is 0.41, based on 247 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HCA Healthcare's current Dividend Payout Ratio of 0.11 is 73.2% below 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on HCA Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HCA Healthcare's current Dividend Payout Ratio is 0.11, which is near median its own 10-year median of 0.12. 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 $451.66, compared to a current price of $388.64 — trading 14% below its estimated fair value. The current Dividend Payout Ratio is 0.11, which is near median its 10-year median of 0.12 and 73.2% below the Healthcare Providers & Services industry median of 0.41. HCA Healthcare's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For HCA Healthcare (HCA), the current Dividend Payout Ratio is 0.11 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 $388.64 is trading 14% below its estimated GF Value™ of $451.66.
GuruFocus considers HCA Healthcare to be Modestly Undervalued.
Key valuation signals for HCA:
Dividend Payout Ratio: 0.11 (near median its 10-year median of 0.12)
GF Value™: $451.66 vs. price of $388.64 (14% below fair value)
Industry Position: 73.2% below the Healthcare Providers & Services median (#19 of 247)
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 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.
91GF Score
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