Company: HCA Healthcare, Inc.
Ticker: HCA
Form: 10-K
Filed: 2026-02-10
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was HCA Healthcare, Inc.'s operating cash flow margin in fiscal year 2025?
Question Type: derived_ratio

Concept: NetCashProvidedByUsedInOperatingActivities
Revenues
Answer (Numeric): 16.71
Answer (Display): 16.71%
Unit: percent

Evidence:
[{"chunk_id": "277", "equivalent_chunk_ids": ["277"], "section": "CONSOLIDATED STATEMENTS OF CASH FLOWS", "supports": ["numerator", "denominator"], "text": "FOR THE YEARS ENDED DECEMBER 31, 2025, 2024 AND 2023\n(Dollars in millions)\nCash flows from operating activities:\nNet income\n7,782\n6,657\n6,091\nAdjustments to reconcile net income to net cash provided by\noperating activities:\nIncrease (decrease) in cash from operating assets and liabilities:\nAccounts receivable\nInventories and other assets\nAccounts payable and accrued expenses\nDepreciation and amortization\n3,523\n3,312\n3,077\nIncome taxes\nLosses (gains) on sales of facilities\nAmortization of debt issuance costs and discounts\nShare-based compensation\nOther\nNet cash provided by operating activities\n12,636\n10,514\n9,431\nCash flows from investing activities:\nPurchase of property and equipment\n4,944\n4,875\n4,744\nAcquisition of hospitals and health care entities\nSales of hospitals and health care entities\nChange in investments\nOther\nNet cash used in investing activities\n4,988\n4,933\n5,317\nCash flows from financing activities:\nIssuances of long-term debt\n8,474\n7,495\n3,224\nNet change in short-term borrowings and revolving credit facilities\n2,202\n1,880\n1,020\nRepayment of long-term debt\n7,389\n2,410\nDistributions to noncontrolling interests\nPayment of debt issuance costs\nPayment of dividends\nRepurchase of common stock\n10,067\n6,042\n3,811\nOther\nNet cash used in financing activities\n8,550\n4,582\n4,094\nEffect of exchange rate changes on cash and cash equivalents\nChange in cash and cash equivalents\nCash and cash equivalents at beginning of period\n1,933\nCash and cash equivalents at end of period\n1,040\n1,933\nInterest payments\n2,207\n1,938\n1,892\nIncome tax payments, net\n1,740\n1,844\n1,386\nThe accompanying notes are an integral part of the consolidated financial statements.\nF-\nHCA HEALTHCARE, INC."}]

Derivation: {"denominator": "revenue", "denominator_value": 75600.0, "format": "percentage", "numerator": "operating_cash_flow", "numerator_value": 12636.0, "op": "divide"}