Health Care
Price
$410.50
+4.39%Market Cap
$91.07B
Day High
$416.54
Day Low
$395.10
HCA Healthcare delivered solid Q1 FY2026 results with revenue rising 4.3% YoY to $19.1B and operating cash flow surging 22.0% to $2.0B, though the balance sheet reflects deeply negative stockholders' equity driven by aggressive share buybacks and elevated long-term debt.
Key risk: Deeply Negative Stockholders' Equity
HCA's stockholders' equity stands at -$6.3B, deteriorating 79.1% YoY from -$3.5B. This reflects years of aggressive share repurchases funded by debt, leaving the company technically insolvent on a book-value basis and highly sensitive to any deterioration in earnings or credit conditions.
Other Health Care Facilities companies