Replay available

HCA Healthcare, Inc. (HCA) Q4 2025 Earnings Call

HCA Healthcare, Inc. (NYSE: HCA) Q4 2025 earnings conference call, held 2026-01-27. Replay captured from the company's public earnings webcast.

Tue, January 27, 2026 at 10:00 AMendedReplay
HCA Healthcare, Inc. (HCA) Q4 2025 Earnings Call

Hosted by

Featured presenters

Frank Morgan

Vice President of Investor Relations

Sam Hazen

Chief Executive Officer

Mike Marks

Chief Financial Officer

A.J. Rice

Analyst at UBS

Anne Hines

Analyst at Mizuho

Peta Chickering

Analyst at Deutsche Bank

Justin Lake

Analyst at Wolfe Research

Whit Mayo

Analyst at LeRinc Partners

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Replay transcript excerpt

WEBVTT 00:00:00.352 -- 00:00:05.737 Ladies and gentlemen, welcome to HCA Healthcare fourth quarter 2025 earnings 00:00:05.737 -- 00:00:10.121 conference call. Today's call is being recorded. 00:00:10.121 -- 00:00:14.005 At this time, for opening remarks and introductions, I would like to turn the call over 00:00:14.005 -- 00:00:16.787 to Vice President of Investor Relations, Mr. 00:00:16.787 -- 00:00:20.491 Frank Morgan. Please go ahead, sir. 00:00:20.491 -- 00:00:23.433 Good morning, and welcome to everyone on today's call. 00:00:23.433 -- 00:00:27.993 With me this morning is our CEO, Sam Hazen, and CFO, Mike Marks. 00:00:27.993 -- 00:00:32.900 Sam and Mike will provide some prepared remarks, and then we'll take questions. 00:00:32.900 -- 00:00:36.865 Before I turn the call over to Sam, let me remind everyone that should today's call contain 00:00:36.865 -- 00:00:41.051 any forward-looking statements, they're based on management's current expectations. 00:00:41.051 -- 00:00:45.678 Numerous risks, uncertainties, and other factors may cause actual results to differ materially 00:00:45.678 -- 00:00:50.945 from those that might be expressed today. More information on forward-looking statements 00:00:50.945 -- 00:00:55.735 and these factors are listed in today's press release and in our various SEC filings. 00:00:55.735 -- 00:01:00.782 On this morning's call, we may reference measures such as adjusted EBITDA, which is a 00:01:00.782 -- 00:01:05.869 non-GAAP financial measure. A table providing supplemental information on adjusted 00:01:05.869 -- 00:01:10.795 EBITDA and reconciling net income attributable to HCA Healthcare Inc. 00:01:10.795 -- 00:01:15.822 is included in today's release. This morning's call is being recorded and a replay of 00:01:15.822 -- 00:01:21.730 th...