HCA Healthcare, Inc. (HCA) — Cash Flow Reinvestment Rate
HCA Healthcare, Inc. (HCA) has a Cash Flow Reinvestment Rate of 0.61x as of March 2026, reinvesting $1.22 Billion (capex $1.12 Billion plus investments $103.00 Million) from operating cash flow of $2.01 Billion. Explore capital reinvestment ratio of HCA Healthcare, Inc. to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
HCA Healthcare, Inc. Cash Flow Reinvestment Rate (1990–2025)
Historical reinvestment intensity for HCA Healthcare, Inc. across 36 annual periods. Also explore total assets of HCA Healthcare, Inc. for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for HCA Healthcare, Inc. (1990–2025)
Year-by-year capital reinvestment analysis for HCA Healthcare, Inc.. For live market cap and broader valuation context, see HCA Healthcare, Inc. (HCA) market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.40x | $5.02 Billion | $12.64 Billion | $4.94 Billion | ▼ -57.4% |
| 2024 | 0.93x | $9.81 Billion | $10.51 Billion | $4.88 Billion | ▼ -12.6% |
| 2023 | 1.07x | $10.06 Billion | $9.43 Billion | $4.74 Billion | ▲ +16.8% |
| 2022 | 0.91x | $7.78 Billion | $8.52 Billion | $4.39 Billion | ▲ +121.5% |
| 2021 | 0.41x | $3.69 Billion | $8.96 Billion | $3.58 Billion | ▲ +11.2% |
| 2020 | 0.37x | $3.42 Billion | $9.23 Billion | $2.83 Billion | ▼ -51.5% |
| 2019 | 0.76x | $5.82 Billion | $7.60 Billion | $4.16 Billion | ▲ +8.4% |
| 2018 | 0.71x | $4.77 Billion | $6.76 Billion | $3.57 Billion | ▼ -11.0% |
| 2017 | 0.79x | $4.30 Billion | $5.43 Billion | $3.02 Billion | ▲ +36.9% |
| 2016 | 0.58x | $3.27 Billion | $5.65 Billion | $2.76 Billion | ▲ +2.9% |
| 2015 | 0.56x | $2.66 Billion | $4.73 Billion | $2.38 Billion | ▼ -16.0% |
| 2014 | 0.67x | $2.98 Billion | $4.45 Billion | $2.18 Billion | ▲ +4.7% |
| 2013 | 0.64x | $2.35 Billion | $3.68 Billion | $1.94 Billion | ▲ +28.8% |
| 2012 | 0.50x | $2.07 Billion | $4.17 Billion | $1.86 Billion | ▼ -38.2% |
| 2011 | 0.80x | $3.16 Billion | $3.93 Billion | $1.68 Billion | ▲ +87.1% |
| 2010 | 0.43x | $1.32 Billion | $3.08 Billion | $1.32 Billion | ▼ -10.4% |
| 2009 | 0.48x | $1.32 Billion | $2.75 Billion | $1.32 Billion | ▼ -46.2% |
| 2008 | 0.89x | $1.60 Billion | $1.80 Billion | $1.60 Billion | ▼ -13.9% |
| 2007 | 1.03x | $1.44 Billion | $1.40 Billion | $1.44 Billion | ▲ +2.3% |
| 2006 | 1.01x | $1.86 Billion | $1.84 Billion | $1.86 Billion | ▲ +100.6% |
| 2005 | 0.50x | $1.59 Billion | $3.16 Billion | $1.59 Billion | ▲ +1.6% |
| 2004 | 0.50x | $1.51 Billion | $3.05 Billion | $1.51 Billion | ▼ -41.5% |
| 2003 | 0.85x | $1.84 Billion | $2.17 Billion | $1.84 Billion | ▲ +35.8% |
| 2002 | 0.62x | $1.72 Billion | $2.75 Billion | $1.72 Billion | ▼ -35.6% |
| 2001 | 0.97x | $1.37 Billion | $1.41 Billion | $1.37 Billion | ▲ +29.9% |
| 2000 | 0.75x | $1.16 Billion | $1.55 Billion | $1.16 Billion | ▼ -29.1% |
| 1999 | 1.05x | $1.29 Billion | $1.22 Billion | $1.29 Billion | ▲ +60.7% |
| 1998 | 0.66x | $1.25 Billion | $1.92 Billion | $1.25 Billion | ▼ -31.7% |
| 1997 | 0.96x | $1.42 Billion | $1.48 Billion | $1.42 Billion | ▲ +79.5% |
| 1996 | 0.53x | $1.40 Billion | $2.62 Billion | $1.40 Billion | ▼ -21.2% |
| 1995 | 0.68x | $1.53 Billion | $2.25 Billion | $1.53 Billion | ▲ +5.2% |
| 1994 | 0.64x | $836.00 Million | $1.30 Billion | $836.00 Million | ▲ +0.0% |
| 1993 | 0.64x | $836.00 Million | $1.30 Billion | $836.00 Million | ▼ -58.4% |
| 1992 | 1.55x | $103.40 Million | $66.80 Million | $103.40 Million | ▼ -12.8% |
| 1991 | 1.78x | $45.80 Million | $25.80 Million | $45.80 Million | ▲ +37.3% |
| 1990 | 1.29x | $18.10 Million | $14.00 Million | $18.10 Million | — |