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

HCA Healthcare (HCA) reported EBT Margin of 11.97% for Q1 2026, down 73.0% year-over-year from 44.33% in Q1 2025, and down 12.6% quarter-over-quarter from 13.69% in Q4 2025.

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

HCA Healthcare (HCA) has 17 years of EBT Margin data on file, last reported at 11.97% in Q1 2026.

  • EBT Margin for Q1 2026 came in at 11.97%, down 73.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.82% (up 80.0% YoY), and the FY2025 annual result was 13.01%, up 93.0% from the prior year.
  • EBT Margin eased to 11.97% in Q1 2026 per HCA's latest filing, from 13.69% in the prior quarter.
  • Over five years, EBT Margin peaked at 21.31% in Q4 2022 and troughed at 10.05% in Q3 2023.
  • A 5-year average of 12.72% and a median of 12.33% in 2023 frame the typical range for EBT Margin.
  • On a YoY basis, EBT Margin climbed as much as 414 bps in 2022 and fell as far as 928 bps in 2022.
  • A 5-year view of EBT Margin shows it stood at 21.31% in 2022, then tumbled by 36 bps to 13.55% in 2023, then decreased by 14 bps to 11.67% in 2024, then advanced by 17 bps to 13.69% in 2025, then dropped by 13 bps to 11.97% in 2026.
  • Business Quant data shows HCA's EBT Margin at 11.97% in Q1 2026, 13.69% in Q4 2025, and 12.62% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 11.97%
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 21.09%
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 9.99%
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 18.20%
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 9.26%
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 10.44%
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 2,593.29%
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 13.51%
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 8.01%
10 Concentra Group Holdings Parent 3.59 Bn 3.54 Bn 170.47 Mn 12.22%

Historic Data

Download Data
DateValue
Mar 31, 2026 11.97%
Dec 31, 2025 13.69%
Sep 30, 2025 12.62%
Jun 30, 2025 12.98%
Mar 31, 2025 12.70%
Dec 31, 2024 11.67%
Sep 30, 2024 10.90%
Jun 30, 2024 12.79%
Mar 31, 2024 12.96%
Dec 31, 2023 13.55%
Sep 30, 2023 10.05%
Jun 30, 2023 11.41%
Mar 31, 2023 12.33%
Dec 31, 2022 21.31%
Sep 30, 2022 11.38%
Jun 30, 2022 11.88%
Mar 31, 2022 12.14%
Dec 31, 2021 17.17%
Sep 30, 2021 20.67%
Jun 30, 2021 14.67%