HCA Healthcare, Inc. Cash Flow Conversion Efficiency
HCA Healthcare, Inc. cash flow conversion efficiency. Based on the latest financial reports, HCA Healthcare, Inc. (HCA) has a cash flow conversion efficiency ratio of -0.743x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($2.33 Billion) by net assets ($-3.14 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see HCA Healthcare, Inc. market cap and net worth for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of HCA Healthcare, Inc. (1990–2025)
Cash flow conversion efficiency of HCA Healthcare, Inc. from 1990 to 2025. This chart illustrates how HCA Healthcare, Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View HCA stock price and chart for real-time trading data and today's change.
HCA Healthcare, Inc. Cash Flow Conversion Ratio Explained
HCA Healthcare, Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
HCA Healthcare, Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HCA Healthcare, Inc. ranked by their cash flow conversion efficiency. Review HCA free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CHRISTIAN DIOR ADR1/4/EO2
F:DIO0
|
N/A |
|
ASE Industrial Holding Co Ltd
TW:3711
|
0.095x |
|
Sandisk Corp
NASDAQ:SNDK
|
0.100x |
|
U.S. Bancorp
NYSE:USB
|
0.071x |
|
Waste Management Inc
NYSE:WM
|
0.174x |
|
Elevance Health Inc
NYSE:ELV
|
0.042x |
|
Trane Technologies plc
NYSE:TT
|
0.136x |
|
Williams Companies Inc
NYSE:WMB
|
0.106x |
Annual Cash Flow Conversion Efficiency for HCA Healthcare, Inc. (1990–2025)
The table below shows the annual cash flow conversion efficiency of HCA Healthcare, Inc. from 1990 to 2025. Also see HCA Healthcare, Inc. balance sheet assets for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $-2.77 Billion | $12.64 Billion | -4.560x | -124.07% |
| 2024-12-31 | $555.00 Million | $10.51 Billion | 18.944x | +112.92% |
| 2023-12-31 | $1.06 Billion | $9.43 Billion | 8.897x | +107.62% |
| 2022-12-31 | $-73.00 Million | $8.52 Billion | -116.740x | -2040.23% |
| 2021-12-31 | $1.49 Billion | $8.96 Billion | 6.017x | +88.48% |
| 2020-12-31 | $2.89 Billion | $9.23 Billion | 3.192x | +123.73% |
| 2019-12-31 | $-565.00 Million | $7.60 Billion | -13.455x | -480.70% |
| 2018-12-31 | $-2.92 Billion | $6.76 Billion | -2.317x | -113.30% |
| 2017-12-31 | $-5.00 Billion | $5.43 Billion | -1.086x | -8.24% |
| 2016-12-31 | $-5.63 Billion | $5.65 Billion | -1.004x | -28.17% |
| 2015-12-31 | $-6.05 Billion | $4.73 Billion | -0.783x | -14.39% |
| 2014-12-31 | $-6.50 Billion | $4.45 Billion | -0.685x | -28.87% |
| 2013-12-31 | $-6.93 Billion | $3.68 Billion | -0.531x | -6.12% |
| 2012-12-31 | $-8.34 Billion | $4.17 Billion | -0.501x | +10.74% |
| 2011-12-31 | $-7.01 Billion | $3.93 Billion | -0.561x | -96.19% |
| 2010-12-31 | $-10.79 Billion | $3.08 Billion | -0.286x | +16.99% |
| 2009-12-31 | $-7.98 Billion | $2.75 Billion | -0.344x | -77.43% |
| 2008-12-31 | $-9.26 Billion | $1.80 Billion | -0.194x | -33.45% |
| 2007-12-31 | $-9.60 Billion | $1.40 Billion | -0.145x | +17.50% |
| 2006-12-31 | $-10.47 Billion | $1.84 Billion | -0.176x | -131.76% |
| 2005-12-31 | $5.69 Billion | $3.16 Billion | 0.555x | -5.04% |
| 2004-12-31 | $5.22 Billion | $3.05 Billion | 0.585x | +85.92% |
| 2003-12-31 | $6.89 Billion | $2.17 Billion | 0.314x | -27.82% |
| 2002-12-31 | $6.31 Billion | $2.75 Billion | 0.436x | +64.16% |
| 2001-12-31 | $5.33 Billion | $1.41 Billion | 0.265x | -14.63% |
| 2000-12-31 | $4.98 Billion | $1.55 Billion | 0.311x | +62.15% |
| 1999-12-31 | $6.38 Billion | $1.22 Billion | 0.192x | -16.50% |
| 1998-12-31 | $8.35 Billion | $1.92 Billion | 0.230x | +25.17% |
| 1997-12-31 | $8.09 Billion | $1.48 Billion | 0.183x | -33.91% |
| 1996-12-31 | $9.45 Billion | $2.62 Billion | 0.278x | -3.34% |
| 1995-12-31 | $7.85 Billion | $2.25 Billion | 0.287x | -21.97% |
| 1994-12-31 | $3.53 Billion | $1.30 Billion | 0.368x | 0.00% |
| 1993-12-31 | $3.53 Billion | $1.30 Billion | 0.368x | +63.08% |
| 1992-12-31 | $296.10 Million | $66.80 Million | 0.226x | +23.56% |
| 1991-12-31 | $141.30 Million | $25.80 Million | 0.183x | -25.53% |
| 1990-12-31 | $57.10 Million | $14.00 Million | 0.245x | -- |
About HCA Healthcare, Inc.
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 … Read more