Growth Metrics

HCA Healthcare (HCA) Gross Margin (2016 - 2025)

HCA Healthcare (HCA) has disclosed Gross Margin for 16 consecutive years, with 102.21% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin rose 3971.0% to 102.21% in Q4 2025 year-over-year; TTM through Dec 2025 was 84.96%, a 728.0% increase, with the full-year FY2025 number at 84.96%, up 595.0% from a year prior.
  • Gross Margin was 102.21% for Q4 2025 at HCA Healthcare, up from 67.69% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 102.21% in Q4 2025 to a low of 62.5% in Q4 2024.
  • A 5-year average of 81.12% and a median of 82.25% in 2021 define the central range for Gross Margin.
  • Biggest YoY gain for Gross Margin was 3971bps in 2025; the steepest drop was -1712bps in 2025.
  • HCA Healthcare's Gross Margin stood at 83.98% in 2021, then fell by -13bps to 72.81% in 2022, then grew by 9bps to 79.43% in 2023, then fell by -21bps to 62.5% in 2024, then surged by 64bps to 102.21% in 2025.
  • Per Business Quant, the three most recent readings for HCA's Gross Margin are 102.21% (Q4 2025), 67.69% (Q3 2025), and 84.71% (Q2 2025).