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HCA Healthcare Inc. (HCA) logo

HCA Healthcare Inc.

S&P 500
HCA|Healthcare|Medical Care Facilities|$435.19|P/E 14.8|MCap 96.5B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

68/ 100Safe

HCA's dividend appears safe and well-supported. Strengths include a 10.1% earnings payout ratio & 8.6% fcf payout ratio. Areas of concern: 78.5% net debt / total assets & 0.8x current ratio. The dividend has been growing at a 30.19% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 10.1%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 8.6%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 5.7%Operating cash flow strongly supports the payout.

Risks

  • Net Debt / Total Assets: 78.5%Net debt is high relative to total assets.
  • Debt-to-Equity: -16.7Debt-to-equity is elevated for the sector.
  • Return on Equity: -244.8%Return on equity is below industry norms.

Payout & Coverage

Very Safe
Earnings Payout Ratio
10.1%Very Safe
FCF Payout Ratio
8.6%Very Safe
CFO Payout Ratio
5.7%Very Safe
Interest Coverage
5.4xSafe

Balance Sheet

Danger
Net Debt / Total Assets
78.5%Danger
Current Ratio
0.8xWarning
Debt-to-Equity
-16.7Danger

Profitability

Caution
Return on Equity
-244.8%Danger
Operating Margin
15.0%Caution
Gross Margin
41.7%Safe
Profit Margin Stability
StableSafe

Dividend Track Record

Very Safe
Dividend Streak
8+ yrsSafe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
30.2%Very Safe
Earnings Stability
GrowingVery Safe

About HCA Healthcare Inc.

HCA Healthcare Inc. is a leading healthcare services company that owns and operates hospitals and extensive ambulatory care networks across 20 states and the United Kingdom. It provides a comprehensive range of medical services through approximately 186 hospitals offering inpatient and outpatient care, including intensive care, cardiac care, emergency services, surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy. The company also manages around 2,400 sites of care such as freestanding surgery centers, emergency rooms, urgent care centers, physician clinics, diagnostic and imaging centers, radiation and oncology therapy centers, rehabilitation and physical therapy centers, home health, and hospice services. HCA Healthcare Inc. focuses on integrating services to deliver high-quality, efficient patient care tailored to local community needs, leveraging shared technology, equipment, personnel, and economies of scale for medical supplies and administrative services. Founded in 1968 and headquartered in Nashville, Tennessee, it plays a vital role in the U.S. healthcare landscape, particularly in high-demand regions like Florida and Texas.

Dividend Overview

Dividend Yield

0.68%

Annual Dividend

$2.94

Frequency

Quarterly

Payout Ratio

10.13%

FCF Payout Ratio

8.60%

Stock Price

$435.19

52-Week Range

$330.00 $556.52

Dividend History (2016–2025)

HCA annual dividend per share and yield history

Earnings & Profitability

HCA earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

June 16, 2026

Next Payment Date

June 30, 2026

Dividend Growth

3-Year Dividend CAGR

8.74%

5-Year Dividend CAGR

30.19%

10-Year Dividend CAGR

0.00%

3-Year Total Growth

28.57%

5-Year Total Growth

274.03%

10-Year Total Growth

0.00%

Income Calculator

HCA Dividend Calculator

Total Investment

$43,519.00

Annual Income

$294.00

Quarterly Income

$73.50

Monthly Income

$24.50

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Frequently Asked Questions

What is HCA's current dividend yield?
HCA Healthcare Inc. (HCA) currently has a dividend yield of 0.68%, based on a stock price of $435.19 and an annual dividend of $2.94.
When is HCA's next dividend payment date?
HCA's next ex-dividend date is 2026-06-16 and the next payment date is 2026-06-30. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does HCA pay in dividends per year?
HCA Healthcare Inc. paid $2.88 per share in annual dividends in 2025. The dividends are paid quarterly.
Has HCA been increasing its dividend?
HCA Healthcare Inc. has grown its dividend at a 5-year CAGR of 30.19% and a 10-year CAGR of 0.00%.
Is HCA's dividend safe?
HCA Healthcare Inc. has a payout ratio of 10.13%. Its free cash flow payout ratio is 8.60%. A payout ratio below 60% is generally considered sustainable.
How is HCA's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates HCA Healthcare Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for healthcare companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.