HCA

NYSE

HCA Healthcare, Inc.

Health Care, Health Care Facilities

$413.36

close 7 Aug 2026

+7.95%

52-week change

$91.99B

market cap

$353.99

$556.52

52-week range

Expected price

$378.43 – $462.53

Current price

$413.36

Signal

Appears fairly valued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)14.24x

P/S (TTM)1.20x

P/B-14.59x

EV/EBITDA (TTM)9.49x

FCF yield (TTM)8.62%

PEG (TTM, GAAP)1.02

Context

P/E, own 5-year average14.52x

P/E, sector median29.65x*

Price at 5-year median P/E$422.34*

Indicated dividend yield0.75%

Forward — analyst consensus

Forward P/E (FY2026)13.98x*

Forward P/E (FY2027)12.85x

Forward PEG1.59*

Consensus EPS FY2026 (22 analysts)$29.56

EPS growth (FY2026→FY2027)8.80%

Revenue growth (FY2026)3.86%

Street view

Price target (mean)$453.38*

Target upside9.68%

Ratings (buy / hold / sell)14 / 10 / 1

FY2026 EPS revisions, 30d (up / down)3 / 12

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 31 Mar 2026, filed 29 Apr 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +3.76%10Y CAGR +12.55%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$413.36

Cash & equivalents$940.00M

Total debt$48.02B

Shares outstanding222.53M

Result

DCF price per share$520.89

Current price$413.36

Margin of safety+26.01%

PV of years 1–10$64.02B

PV of terminal value$98.98B

Equity value$115.91B

Market-implied growth+1.72%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$8.23B	$8.53B	$8.86B	$9.19B	$9.53B	$9.89B	$10.26B	$10.65B	$11.05B	$11.47B	$213.68B
PV	$7.62B	$7.32B	$7.03B	$6.75B	$6.49B	$6.23B	$5.99B	$5.75B	$5.53B	$5.31B	$98.98B

period to 31 Mar 2026, filed 29 Apr 2026, close 7 Aug 2026