Encompass Health (EHC) Operating Margin (2009 - 2026)

Encompass Health's (EHC) quarterly Operating Margin came in at 14.96% in Q1 2026, up 88.0% YoY from 7.96% in Q1 2025, and up 304.59% on a QoQ basis from 3.7% in Q4 2025.

Encompass Health (EHC) Operating Margin (2009 - 2026) Analysis & Trends

Encompass Health (EHC) has 18 years of Operating Margin data on file, last reported at 14.96% in Q1 2026.

  • Quarterly Operating Margin rose 88.0% year-over-year to 14.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.03% (down 396.0% YoY) and the FY2025 annual result came in at 2.77%, down 887.0% from the prior year.
  • Operating Margin grew to 14.96% in Q1 2026, from 3.7% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 42.02% in Q4 2022 to a low of 2.17% in Q3 2022.
  • A 5-year average of 10.12% and a median of 9.7% in 2022 frame the typical range for Operating Margin.
  • Annual changes were most pronounced in 2022 — Operating Margin jumped 3215 bps — and 2025, when it sank 3826 bps.
  • Tracing EHC's Operating Margin over 5 years: stood at 42.02% in 2022, then plunged by 75 bps to 10.53% in 2023, then soared by 298 bps to 41.96% in 2024, then tumbled by 91 bps to 3.7% in 2025, then jumped by 305 bps to 14.96% in 2026.
  • The last three Operating Margin figures came in at 14.96% (Q1 2026), 3.7% (Q4 2025), and 12.12% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn -12.60%
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn 26.67%
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn 2.10%
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn 16.29%
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn 8.50%
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 11.14%
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 7.66%
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn 13.25%
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn 18.99%
10 Option Care Health 3.59 Bn 3.39 Bn 267.25 Mn 5.90%

Historic Data

Download Data
DateValue
Jun 30, 2026 2.10%
Mar 31, 2026 14.96%
Dec 31, 2025 3.70%
Sep 30, 2025 12.12%
Jun 30, 2025 13.45%
Mar 31, 2025 14.07%
Dec 31, 2024 41.96%
Sep 30, 2024 0.50%
Jun 30, 2024 1.98%
Mar 31, 2024 0.27%
Dec 31, 2023 10.53%
Sep 30, 2023 -0.36%
Jun 30, 2023 11.11%
Mar 31, 2023 0.06%
Dec 31, 2022 42.02%
Sep 30, 2022 -2.17%
Jun 30, 2022 -1.86%
Mar 31, 2022 9.70%
Dec 31, 2021 9.87%
Sep 30, 2021 11.88%