This quantitative research aimed to assess the experiential learning outcomes of pharmacy interns as estimated by hospital capacity and support, and preceptor competency. The study employed a descriptive-correlation approach. A modified survey questionnaire in a Likert scale was submitted to the experts for validation. Sixty respondents, which include hospital preceptors, academicians and pharmacy graduates, participated in the study. Pearson correlation and multiple regression analysis were the statistical tools used to test the variables of the study. From the data gathered, results revealed that the levels of capacity of hospitals to provide quality internship for students, the hospital support towards experiential learning outcomes of pharmacy interns, preceptors competency, and students’ experiential learning outcomes in hospital services were very high. In the Pearson correlation analysis, it was found that there was a significant correlation between capacity, support, preceptor, and experiential learning outcomes. The results indicated that hospital support could significantly influence the preceptors and performance of the interns. However, in the standard multiple regression analysis, only the capacity and support of hospitals significantly predicted the experiential learning outcomes of students, but not with preceptor competency.