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| Date | Value |
|---|---|
| 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% |