HCA (HCA Healthcare) ROCE %: 26.53% (As of Mar. 2026)

What is HCA Healthcare ROCE %?

HCA Healthcare HCA +0.22% 93 ROCE % is 26.53% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. HCA Healthcare's annualized ROCE % for the quarter that ended in Mar. 2026 was 26.53%.

HCA Healthcare (NYSE:HCA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

HCA Healthcare ROCE % Related Terms

HCA Healthcare ROCE % Historical Data

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The historical data trend for HCA Healthcare's ROCE % 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 ROCE % Chart

HCA Healthcare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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28.52

24.66

22.40

24.08

27.24

HCA Healthcare Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															25.40	26.59	27.89	30.10	26.53

93GF Score

HCA Healthcare Inc HCA

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HCA Healthcare ROCE % Calculation

HCA Healthcare's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	12080	/	( ( (59513 - 15177)	+	(60720 - 16350) )	/ 2 )
	=	12080	/	( (44336	+	44370)	/ 2 )
	=	12080	/	44353
	=	27.24 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	11484	/	( ( (60720 - 16350)	+	(61450 - 19258) )	/ 2 )
	=	11484	/	( ( 44370	+	42192 )	/ 2 )
	=	11484	/	43281
	=	26.53 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 26.53% mean?

HCA Healthcare (HCA) has a ROCE % of 26.53% as of Mar. 2026.

Is HCA Healthcare's ROCE % too high?

HCA Healthcare's current ROCE % is 26.53%. The Healthcare Providers & Services industry median ROCE % is 6.41. HCA Healthcare's value of 26.53% is 313.9% above this industry median. 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 ROCE % compare to THC and DVA?

HCA Healthcare's ROCE % of 26.53% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.41. HCA Healthcare's value of 26.53% is 313.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Healthcare Providers & Services company?

The median ROCE % among Healthcare Providers & Services companies is 6.41, based on 648 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HCA Healthcare's current ROCE % of 26.53% is 313.9% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median ROCE % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HCA Healthcare's current ROCE % is 26.53%. 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 ROCE % is 26.53% and 313.9% above the Healthcare Providers & Services industry median of 6.41. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For HCA Healthcare (HCA), the current ROCE % is 26.53% 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:

ROCE %: 26.53%
GF Value™: $451.47 vs. price of $387.76 (14.1% below fair value)
GF Score™: 93/100 with 3 warning signs
Industry Position: 313.9% above the Healthcare Providers & Services median

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

Industry Healthcare Healthcare Providers & Services

Comparable Companies THC DVA EHC ENSG UHS PACS CHE OPCH CON BKD XTER:FRE SAU:4013 XKLS:5225 BSP:RDOR3 SZSE:300015 NSE:APOLLOHOSP XTER:FME BOM:543220 ISX:SRAJ BKK:BDMS

Other Exchanges HCA:Mexico 1HCA:Italy 0J1R:UK 2BH:Germany H1CA34:Brazil

Address One Park Plaza, Nashville, TN, USA, 37203

Website https://www.hcahealthcare.com

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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$387.76

Price

$451.47

GF Value

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