How HCA Healthcare (HCA) Makes Money: A Visual Guide
HCA Healthcare (HCA) generated $75.60B in revenue (TTM through Q4 2025), earning $6.78B in net profit (9% margin). Its largest revenue source is Managed Care And Other Insurers (50.5% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
HCA Healthcare (HCA) Income Statement Flow
Frequently asked questions
How does HCA Healthcare (HCA) make money?
- HCA Healthcare (HCA) primarily makes money through Managed Care And Other Insurers, which accounts for 50.5% of total revenue. For TTM through Q4 2025, HCA Healthcare generated $75.60B in total revenue with a net profit margin of 9%.
What is HCA Healthcare (HCA) gross profit margin?
- HCA Healthcare (HCA) reported a gross profit margin of 41.5% for TTM through Q4 2025, equivalent to $31.37B in gross profit. This means HCA Healthcare retains 41.5% of each revenue unit after direct costs of production.
What is HCA Healthcare (HCA) operating profit margin?
- HCA Healthcare (HCA) reported an operating profit margin of 15.8% for TTM through Q4 2025, equivalent to $11.96B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is HCA Healthcare (HCA) net profit margin?
- HCA Healthcare (HCA) reported a net profit margin of 9% for TTM through Q4 2025, equivalent to $6.78B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does HCA Healthcare (HCA) spend on capital expenditures?
- HCA Healthcare (HCA) spent $4.94B on capital expenditures in TTM through Q4 2025 (6.5% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is HCA Healthcare (HCA) free cash flow?
- HCA Healthcare (HCA) generated $7.69B in free cash flow for TTM through Q4 2025 (10.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is HCA Healthcare (HCA) effective tax rate?
- HCA Healthcare (HCA) had an effective tax rate of 20.9% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.