Company / Working Capital
HCA Healthcare Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$567.0M
FY2025
5-year range
-$567.0M / $4.0B
FY2021-FY2025
Trend
-145.8%
vs FY2024
Sector context
#153 of 160
Health Care
What the data says
Among 160 Health Care companies, HCA Healthcare is in the bottom 4% for working capital. Working Capital has declined for 4 consecutive years, from $4.0B in FY2021 to -$567M in FY2025.
Based on SEC 10-K filings.
-$567M in FY2025.
Declined from $2.3B to -$567M over the past 2 years.
Health Care sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 4% in Health CareTop 96% of 160This company -$567.0M Sector average $757.1M
▼
-174.9% below sector average
Key checks
Key Insights
- HCA Healthcare's working capital has declined for 4 consecutive years.
- In FY2025, working capital decreased 145.8% year-over-year.
- Ranks #153 out of 160 companies in the Health Care sector.
- Peak working capital was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 1.12 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$567.0M | -145.8% |
| FY2024 | $1.2B | -45.6% |
| FY2023 | $2.3B | -39.3% |
| FY2022 | $3.7B | -5.5% |
| FY2021 | $4.0B | +9.1% |
| FY2020 | $3.6B | +5.5% |
| FY2019 | $3.4B | +30.1% |
| FY2018 | $2.6B | -30.8% |
| FY2017 | $3.8B | +17.4% |
| FY2016 | $3.3B | -12.5% |
As of FY2025 · SEC 10-K · Updated Jul 4, 2026