HCA Healthcare (HCA) EBITDA Margin (2010 - 2026)

HCA Healthcare (HCA) reported EBITDA Margin of 2.96% for Q1 2026, up 532.0% year-over-year from 0.47% in Q1 2025, and up 88.02% quarter-over-quarter from 24.72% in Q4 2025.

HCA Healthcare (HCA) EBITDA Margin (2010 - 2026) Analysis & Trends

HCA Healthcare (HCA) has 17 years of EBITDA Margin data on file, last reported at 2.96% in Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 2.96%, up 532.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.9% (down 101.0% YoY), and the FY2025 annual result was 7.37%, up 17.0% from the prior year.
  • EBITDA Margin climbed to 2.96% in Q1 2026 per HCA's latest filing, from 24.72% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 17.73% in Q4 2022 and troughed at 25.84% in Q4 2024.
  • A 5-year average of 1.1% and a median of 8.46% in 2022 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2024 and 2026: EBITDA Margin plunged 3697 bps in 2024, then jumped 532 bps in 2026.
  • A 5-year view of EBITDA Margin shows it stood at 17.73% in 2022, then sank by 37 bps to 11.14% in 2023, then sank by 332 bps to 25.84% in 2024, then gained by 4 bps to 24.72% in 2025, then surged by 88 bps to 2.96% in 2026.
  • Business Quant data shows HCA's EBITDA Margin at 2.96% in Q1 2026, 24.72% in Q4 2025, and 9.1% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn -2.96%
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 24.14%
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 14.11%
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 3.76%
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 8.99%
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 11.19%
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 4,926.74%
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 15.04%
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 8.45%
10 Concentra Group Holdings Parent 3.59 Bn 3.54 Bn 170.47 Mn 16.79%

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.96%
Dec 31, 2025 -24.72%
Sep 30, 2025 -9.10%
Jun 30, 2025 -2.31%
Mar 31, 2025 -8.29%
Dec 31, 2024 -25.84%
Sep 30, 2024 -10.36%
Jun 30, 2024 9.64%
Mar 31, 2024 10.35%
Dec 31, 2023 11.14%
Sep 30, 2023 7.65%
Jun 30, 2023 8.99%
Mar 31, 2023 10.03%
Dec 31, 2022 17.73%
Sep 30, 2022 8.46%
Jun 30, 2022 8.85%
Mar 31, 2022 9.51%
Dec 31, 2021 13.89%
Sep 30, 2021 16.07%
Jun 30, 2021 11.64%