HCA Healthcare (HCA) EBT Margin (2014 - 2026)
HCA Healthcare's EBT Margin was 12.33% in Q2 2026, down 0.65 percentage points from 12.98% a year earlier but up 0.36 percentage points from the prior quarter.
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Analysis
HCA Healthcare (HCA) EBT Margin (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, HCA Healthcare's EBT Margin was 12.65% through Jun 30, 2026, up 0.57 percentage points year-over-year; for FY2025, it was 13.01%, up 0.93 percentage points from FY2024.
- EBT Margin shows a five-year change of +2.47 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 12.07% in FY2024 (+0.21 pp), 11.86% in FY2023 (-2.38 pp), 14.24% in FY2022 (-2.49 pp) and 16.74% in FY2021 (+6.20 pp).
- Quarterly EBT Margin has moved between 10.05% (Q3 2023) and 21.31% (Q4 2022) over five years.
- Compared with a year earlier, EBT Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.16 percentage points.
- The best year-over-year quarter for EBT Margin over five years was Q3 2021 (a gain of 13.24 percentage points); the worst was Q3 2022 (a drop of 9.28 percentage points).
- Per Business Quant data, HCA's EBT Margin in the three quarters before Q2 2026 was 11.97% (Q1 2026), 13.69% (Q4 2025) and 12.62% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 12.33% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -8.93% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 13.54% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 10.36% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -35.81% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 23.81% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 2.30% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 16.38% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 12.24% |
| 10 | BrightSpring Health Services | 11.17 Bn | 9.51 Bn | 492.75 Mn | 2.41% |
Historic Data
Download Data
Historic 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% |
API Access
HCA Healthcare EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=HCA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "HCA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=HCA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();