HCA

Stock

HCA Healthcare, Inc.

One email when a drop — in price or in valuation — is historically rare for HCA. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

HCA Healthcare, Inc. is 21.3% off its high — deeper than its 5% average pullback, but it has been through 148 drawdowns before. Not historically significant yet — we'll say so if that changes.

But down is not the same as cheap: HCA Healthcare, Inc.'s P/S Severity Score is 0.0 — its valuation sits in or above its typical range.

Price $429.19 · as of Aug 21, 2026All-time high $545.13Drawdown -21.3%Severity Score™ 4.3Is the broader market down too?
🟡

Significant

Current Drawdown

-21.3%

Days in Drawdown

152

Avg Max Drawdown

5.0%

Avg Length

35

Drawdown Severity Score™

4.3

HCA - Price & High Water Mark

HCA - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of August 22, 2026 · updated daily

Where today's valuation sits within HCA's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

1.2xSeverity Score 0.0 · In or above its typical range
Low: 0.30xMedian: 0.91xHigh: 1.7x

HCA Healthcare, Inc. has been cheaper on this measure only about 78% of the time in 15 years of daily history.

26.8% below its highest Price to Sales reading · high date November 25, 2025

Price to Sales history

EV to EBITDA

9.1xSeverity Score 0.0 · In or above its typical range
Low: 6.0xMedian: 8.4xHigh: 13.5x

HCA Healthcare, Inc. has been cheaper on this measure only about 71% of the time in 15 years of daily history.

32.4% below its highest EV to EBITDA reading · high date October 18, 2024

EV to EBITDA history · log scale

How we measure valuation

HCA Healthcare, Inc. (HCA) Analysis: Current Drawdown Insights

HCA Healthcare, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-08-21, the stock is trading at $429.19, which represents a 21.3% decline from its all-time high of $545.13. This drawdown has persisted for 152 days.

Based on its full tracked price history, HCA Healthcare, Inc. typically experiences drawdowns averaging 5.0% in depth, with an average duration of 35 days. HCA Healthcare, Inc. has gone through 148 total drawdown events in its tracked history. The largest drawdown on record for HCA Healthcare, Inc. was 54.7%, beginning in 2020. The longest drawdown duration on record was 928 days.

The Drawdown Severity Score™ for HCA Healthcare, Inc. currently stands at 4.27. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing HCA Healthcare, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 148 tracked pullbacks (64 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-03-22Ongoing152 days-21.3%$545.13$429.19n/a
2026-03-052026-03-094 days-2.1%$544.41$532.81$545.13
2026-02-262026-03-036 days-2.7%$540.57$525.88$541.80
2026-02-172026-02-258 days-2.5%$540.29$526.52$540.57
2025-11-262026-02-1178 days-10.0%$515.85$464.38$531.47
2025-11-202025-11-212 days-1.0%$481.06$476.28$491.00
2025-11-102025-11-178 days-3.6%$476.61$459.30$477.10
2025-11-062025-11-072 days-0.4%$473.20$471.36$476.61
2025-10-302025-11-046 days-1.9%$468.40$459.68$471.68
2025-10-282025-10-292 days-0.3%$467.86$466.46$468.40
2025-10-232025-10-242 days-0.2%$441.19$440.16$447.04
2025-10-082025-10-2215 days-6.1%$437.57$410.68$441.19
2025-10-012025-10-022 days-0.0%$426.20$426.07$426.69
2025-09-082025-09-2922 days-6.3%$420.02$393.66$420.92
2024-10-212025-09-05320 days-28.4%$412.19$294.93$420.02
2024-10-172024-10-182 days-0.7%$405.93$403.20$412.19
2024-10-012024-10-1616 days-6.9%$403.15$375.52$405.93
2024-09-242024-09-307 days-1.0%$402.43$398.56$403.15
2024-09-172024-09-193 days-1.5%$400.17$394.29$400.26
2024-09-062024-09-1611 days-3.2%$393.88$381.20$400.17
2024-09-042024-09-052 days-0.4%$391.98$390.46$393.88
2024-08-262024-08-272 days-0.1%$385.00$384.72$386.38
2024-08-022024-08-1312 days-3.6%$359.59$346.77$365.27
2024-06-282024-07-2427 days-8.2%$339.95$312.05$340.59
2024-06-252024-06-273 days-0.3%$338.05$337.14$339.95
2024-06-202024-06-245 days-0.7%$337.33$335.08$338.05
2024-06-112024-06-188 days-1.5%$337.29$332.21$337.33
2024-06-032024-06-108 days-2.3%$335.79$328.13$337.29
2024-04-012024-05-3060 days-11.0%$329.65$293.54$331.20
2024-03-202024-03-278 days-1.0%$326.63$323.51$327.83
2024-03-152024-03-184 days-0.9%$321.00$318.22$323.36
2024-03-112024-03-144 days-1.3%$320.92$316.86$321.00
2024-02-262024-03-059 days-1.2%$311.05$307.44$311.23
2024-02-022024-02-2322 days-3.2%$310.36$300.38$311.05
2023-07-032024-01-31213 days-26.7%$297.96$218.28$300.73
2023-06-262023-06-272 days-0.2%$290.03$289.51$292.19
2023-06-202023-06-223 days-1.6%$284.81$280.12$289.05
2023-05-012023-06-1647 days-8.1%$281.51$258.74$284.81
2023-04-252023-04-284 days-2.9%$280.45$272.44$281.51
2023-04-142023-04-218 days-1.0%$267.87$265.30$275.52
2022-04-212023-04-12357 days-39.5%$266.76$161.43$266.87
2022-03-182022-04-2034 days-8.8%$258.82$236.17$266.76
2022-03-162022-03-172 days-0.1%$258.47$258.22$258.82
2022-03-112022-03-154 days-2.1%$258.40$252.92$258.47
2022-03-072022-03-104 days-2.8%$256.77$249.63$258.40
2021-09-172022-03-02167 days-13.8%$252.62$217.81$252.63
2021-09-102021-09-167 days-1.4%$248.89$245.43$252.62
2021-08-042021-09-0836 days-5.1%$244.31$231.93$245.20
2021-07-222021-08-0212 days-1.4%$240.21$236.84$241.89
2021-07-132021-07-208 days-1.2%$212.34$209.73$239.87
2021-07-082021-07-092 days-1.3%$209.06$206.28$210.85
2021-01-082021-02-0428 days-9.6%$166.50$150.59$171.96
2020-02-062020-11-10279 days-54.7%$144.06$65.20$145.65
2019-07-302019-12-19143 days-21.0%$138.54$109.45$138.67
2018-12-042019-07-29237 days-23.2%$137.81$105.83$138.54
2018-10-022018-11-0737 days-9.8%$131.85$118.88$133.12
2015-07-142018-01-26928 days-33.7%$88.26$58.49$90.37
2014-12-242015-03-1884 days-10.3%$69.82$62.61$69.85
2014-09-222014-12-0575 days-14.3%$68.41$58.59$68.89
2013-10-212014-01-0375 days-9.8%$45.19$40.76$45.40
2013-05-072013-09-18135 days-14.3%$38.54$33.04$39.80
2013-04-022013-05-0332 days-9.9%$37.91$34.14$38.17
2012-11-082012-12-1033 days-11.6%$29.60$26.16$29.61
2012-10-022012-11-0535 days-12.2%$27.17$23.86$28.18
2011-06-102012-09-18467 days-49.9%$26.29$13.18$26.30

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

HCA Healthcare, Inc. (HCA) is trading at $429.19 as of Aug 21, 2026. It is 21.3% below its high of $545.13. The drawdown has lasted 152 days. Severity score: 4.3 (Significant).

HCA Price History and Drawdown Data

Latest price

$429.19

High-water mark

$545.13

Current drawdown

-21.3%

Days in drawdown

152

This HCA page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior HCA Healthcare, Inc. drawdowns.

What History Says About HCA

HCA Healthcare, Inc. has dropped 15%+ from its high 8 times in its tracked history. These events lasted an average of 368 days with an average max drop of -34.7%.

The current drawdown of -21.3% has lasted 152 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Feb 2020 to Nov 2020-54.7%279 days
Jun 2011 to Sep 2012-49.9%467 days
Apr 2022 to Apr 2023-39.5%357 days
Jul 2015 to Jan 2018-33.7%928 days
Oct 2024 to Sep 2025-28.4%320 days
Jul 2023 to Jan 2024-26.7%213 days

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