HCA Healthcare (HCA) EBT Margin (2010 - 2026)
HCA Healthcare (HCA) posted quarterly EBT Margin of 12.33% for Q2 2026, down 65.0% year-over-year from 35.22% in Q2 2025, and up 3.01% quarter-over-quarter from 11.97% in Q1 2026.
HCA Healthcare (HCA) EBT Margin (2010 - 2026) Analysis & Trends
HCA Healthcare (HCA) has reported EBT Margin for 17 consecutive years, with 12.33% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT Margin fell 65.0% year-over-year to 12.33%; the TTM figure through Jun 2026 stood at 12.65% (up 57.0% YoY), while the FY2025 annual figure was 13.01%, up 93.0% from the prior year.
- EBT Margin grew to 12.33% in Q2 2026 per HCA's latest filing, from 11.97% in the prior quarter.
- Across five years, EBT Margin topped out at 21.31% in Q4 2022 and bottomed at 10.05% in Q3 2023.
- Historically, EBT Margin has averaged 12.7% across 5 years, with a median of 12.33% in 2023.
- On a YoY basis, EBT Margin climbed as much as 414 bps in 2022 and fell as far as 928 bps in 2022.
- HCA Healthcare's EBT Margin stood at 21.31% in 2022, then plunged by 36 bps to 13.55% in 2023, then slipped by 14 bps to 11.67% in 2024, then climbed by 17 bps to 13.69% in 2025, then decreased by 10 bps to 12.33% in 2026.
- Business Quant data shows HCA's EBT Margin at 12.33% in Q2 2026, 11.97% in Q1 2026, and 13.69% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 12.33% |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 23.81% |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 16.38% |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 12.24% |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 9.28% |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 10.33% |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 7.41% |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 13.57% |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 14.74% |
| 10 | Option Care Health | 3.59 Bn | 3.39 Bn | 267.25 Mn | 5.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.33% |
| 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% |