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HCA Healthcare, Inc. FY 2025 10-K, explained in plain English

HCA · 10-K for the period ending December 31, 2025, filed February 10, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$75.6B
Gross margin— not reported
Operating income— not reported
Net income$6.8B
Diluted EPS$28.33
Cash & equivalents$1.0B
Total assets$60.7B
Long-term debt$44.3B

Key takeaway

HCA reported $75.6 billion in revenue and $6.784 billion in net income for fiscal year 2025, translating to diluted EPS of $28.33.

🔒 4 more takeaways in the full analysis

Beneath the surface

Cash of only $1.04 billion against total debt of $46.928 billion results in net debt of roughly $45.9 billion, far exceeding what the standalone debt figure alone might suggest given minimal offsetting liquidity.

🔒 3 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 7 more findings — plus insider trades, activist stakes, and 8-K events for HCA.

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