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

HCA Healthcare (HCA) posted quarterly FCF Margin of 4.68% for Q1 2026, up 108.0% YoY from 2.25% in Q1 2025, and up 5.05% sequentially from 4.46% in Q4 2025.

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

HCA Healthcare has disclosed FCF Margin across 17 years of filings, most recently posting 4.68% for Q1 2026.

  • In Q1 2026, FCF Margin rose 108.0% year-over-year to 4.68%; the TTM figure through Mar 2026 stood at 10.38% (up 347.0% YoY), while the FY2025 annual figure was 10.17%, up 219.0% from the prior year.
  • FCF Margin improved to 4.68% in Q1 2026, from 4.46% in the prior quarter.
  • Over the last five years, FCF Margin for HCA reached as high as 16.32% in Q3 2025 and fell as low as 3.24% in Q1 2022.
  • The 5-year median for FCF Margin is 7.77% (2022), against an average of 7.84%.
  • Annual changes were most pronounced in 2022 — FCF Margin plunged 631 bps — and 2025, when it surged 1236 bps.
  • 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 plunged by 36 bps to 4.46% in 2025, then increased by 5 bps to 4.68% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 4.68%, 4.46%, and 16.32% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 4.68%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 10.81%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 27.22%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 6.41%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 9.50%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 6.49%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 4.10%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 10.55%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 20.19%
10 Brookdale Senior Living 3.76 Bn 3.50 Bn 727.83 Mn 2.73%

Historic Data

Download Data
DateValue
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%