HCA Healthcare, Inc.
- Industry
- Hospital Operations
- Exchange
- US
- Country
- USA
- IPO date
- Mar 10, 2011
- Employees
- 230,000
- Website
- www.hcahealthcare.com
Composite valuation range · conservative $340–$400 / fair $400–$500 / optimistic $520–$650. At $389.62, Within the conservative intrinsic-value range · significant margin of safety.
At publication $394.07 (May 26, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
HCA Healthcare, Inc., through its subsidiaries, provides health care services in the United States. The company owns, manages, and operates hospitals, ASCs, freestanding emergency care facilities, urgent care facilities, walk-in clinics, diagnostic and imaging centers, radiation and oncology therapy centers, as well as rehabilitation and physical therapy centers, physician practices, home health agencies, hospices, outpatient physical therapy providers, home and community-based services providers, and various other facilities. Its general and acute care hospitals offer medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic services, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy. The company was formerly known as HCA Holdings, Inc. HCA Healthcare, Inc. was founded in 1968 and is headquartered in Nashville, Tennessee.
History
HCA Healthcare, Inc. was founded in 1968 and is headquartered in Nashville, Tennessee. The company was formerly known as HCA Holdings, Inc. Its shares were listed via an IPO dated March 10, 2011.
Industry position
HCA Healthcare is the largest comprehensive hospital network operator in the United States. As of the end of 2025 it operated 190 hospitals (179 general acute-care, 7 behavioral health and 4 rehabilitation), 121 freestanding ambulatory surgery centers and 31 freestanding endoscopy centers across 19 states and England, with about 230,000 employees. Its 2025 revenue was $75.6 billion, well ahead of comparable operators Tenet ($21.3 billion) and UHS ($17.36 billion), with Florida and Texas contributing 51% of revenue and 59% of admissions. Payers include Medicare, Managed Medicare, Medicaid, Managed Medicaid, commercial/managed-care insurance and uninsured patients.