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

HCA Healthcare (HCA) posted quarterly EBITDA Margin of 2.96% for Q1 2026, up 532.0% YoY from 0.47% in Q1 2025, and up 88.02% sequentially from 24.72% in Q4 2025.

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

HCA Healthcare has disclosed EBITDA Margin across 17 years of filings, most recently posting 2.96% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 532.0% year-over-year to 2.96%; the TTM figure through Mar 2026 stood at 9.9% (down 101.0% YoY), while the FY2025 annual figure was 7.37%, up 17.0% from the prior year.
  • EBITDA Margin rose to 2.96% in Q1 2026, from 24.72% in the prior quarter.
  • Over the last five years, EBITDA Margin for HCA reached as high as 17.73% in Q4 2022 and fell as low as 25.84% in Q4 2024.
  • The 5-year median for EBITDA Margin is 8.46% (2022), against an average of 1.1%.
  • Annual changes were most pronounced in 2024 — EBITDA Margin slumped 3697 bps — and 2026, when it jumped 532 bps.
  • A 5-year view of EBITDA Margin shows it stood at 17.73% in 2022, then tumbled by 37 bps to 11.14% in 2023, then tumbled 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.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 2.96%, 24.72%, and 9.1% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn -2.96%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 15.04%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 24.14%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 14.11%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 3.76%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 8.99%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 11.19%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 8.45%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 17.01%
10 Brookdale Senior Living 3.76 Bn 3.50 Bn 727.83 Mn 6.77%

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%