HCA Healthcare (HCA) FCF Margin (2010 - 2026)
HCA Healthcare (HCA) reported FCF Margin of 4.68% for Q1 2026, up 108.0% year-over-year from 2.25% in Q1 2025, and up 5.05% quarter-over-quarter from 4.46% in Q4 2025.
HCA Healthcare (HCA) FCF Margin (2010 - 2026) Analysis & Trends
HCA Healthcare (HCA) has 17 years of FCF Margin data on file, last reported at 4.68% in Q1 2026.
- FCF Margin for Q1 2026 came in at 4.68%, up 108.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.38% (up 347.0% YoY), and the FY2025 annual result was 10.17%, up 219.0% from the prior year.
- FCF Margin advanced to 4.68% in Q1 2026 per HCA's latest filing, from 4.46% in the prior quarter.
- Over five years, FCF Margin peaked at 16.32% in Q3 2025 and troughed at 3.24% in Q1 2022.
- A 5-year average of 7.84% and a median of 7.77% in 2022 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2025: FCF Margin slumped 631 bps in 2022, then surged 1236 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 7.77% in 2022, then advanced by 13 bps to 8.76% in 2023, then decreased by 20 bps to 6.97% in 2024, then slumped by 36 bps to 4.46% in 2025, then increased by 5 bps to 4.68% in 2026.
- Business Quant data shows HCA's FCF Margin at 4.68% in Q1 2026, 4.46% in Q4 2025, and 16.32% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 4.68% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 27.22% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 6.41% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 9.50% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 6.49% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 4.10% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 7,234.71% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 10.81% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 10.55% |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 1.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.68% |
| Dec 31, 2025 | 4.46% |
| Sep 30, 2025 | 16.32% |
| Jun 30, 2025 | 16.31% |
| Mar 31, 2025 | 3.60% |
| Dec 31, 2024 | 6.97% |
| Sep 30, 2024 | 13.29% |
| Jun 30, 2024 | 3.94% |
| Mar 31, 2024 | 7.79% |
| Dec 31, 2023 | 8.76% |
| Sep 30, 2023 | 8.22% |
| Jun 30, 2023 | 7.78% |
| Mar 31, 2023 | 3.89% |
| Dec 31, 2022 | 7.77% |
| Sep 30, 2022 | 12.62% |
| Jun 30, 2022 | 3.71% |
| Mar 31, 2022 | 3.24% |
| Dec 31, 2021 | 8.30% |
| Sep 30, 2021 | 9.09% |
| Jun 30, 2021 | 9.76% |