Growth Metrics

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

HCA Healthcare (HCA) reported Gross Margin of 85.07% for Q1 2026, up 606.0% year-over-year from 12.05% in Q1 2025, and up 38.13% on a QoQ basis from 61.58% in Q4 2025.

HCA Healthcare (HCA) has 17 years of Gross Margin data on file, last reported at 85.07% in Q1 2026.

  • Quarterly Gross Margin rose 606.0% year-over-year to 85.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 77.28% (up 249.0% YoY) and the FY2025 annual result came in at 78.99%, down 2.0% from the prior year.
  • Gross Margin rose to 85.07% in Q1 2026 per HCA's latest filing, from 61.58% in the prior quarter.
  • Across five years, Gross Margin topped out at 85.09% in Q3 2023 and bottomed at 61.58% in Q4 2025.
  • The 5-year median for Gross Margin is 80.9% (2022), against an average of 78.39%.
  • The widest annual swing landed in 2022, when Gross Margin sank 1353 bps; it then surged 606 bps in 2026.
  • Tracing HCA's Gross Margin over 5 years: stood at 72.81% in 2022, then declined by 7 bps to 67.88% in 2023, then slipped by 8 bps to 62.5% in 2024, then declined by 1 bps to 61.58% in 2025, then soared by 38 bps to 85.07% in 2026.
  • Per Business Quant, the three latest HCA Gross Margin figures stand at 85.07% (Q1 2026), 61.58% (Q4 2025), and 78.28% (Q3 2025).

Historic Data

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DateValue
Mar 31, 2026 85.07%
Dec 31, 2025 61.58%
Sep 30, 2025 78.28%
Jun 30, 2025 84.71%
Mar 31, 2025 79.01%
Dec 31, 2024 62.50%
Sep 30, 2024 78.74%
Jun 30, 2024 79.29%
Mar 31, 2024 84.60%
Dec 31, 2023 67.88%
Sep 30, 2023 85.09%
Jun 30, 2023 84.38%
Mar 31, 2023 81.44%
Dec 31, 2022 72.81%
Sep 30, 2022 80.90%
Jun 30, 2022 81.83%
Mar 31, 2022 84.47%
Dec 31, 2021 86.34%
Sep 30, 2021 83.88%
Jun 30, 2021 82.87%
Mar 31, 2021 82.68%
Dec 31, 2020 76.86%
Sep 30, 2020 84.01%
Jun 30, 2020 84.21%
Mar 31, 2020 83.49%
Dec 31, 2019 89.14%
Sep 30, 2019 81.47%
Jun 30, 2019 81.26%
Mar 31, 2019 81.63%
Dec 31, 2018 76.49%
Sep 30, 2018 83.49%
Jun 30, 2018 81.63%
Mar 31, 2018 81.53%
Dec 31, 2017 82.00%
Sep 30, 2017 80.60%
Jun 30, 2017 81.69%
Mar 31, 2017 81.83%
Dec 31, 2016 82.34%
Sep 30, 2016 83.46%
Jun 30, 2016 81.90%
Mar 31, 2016 81.94%
Dec 31, 2015 79.47%
Sep 30, 2015 81.78%
Jun 30, 2015 82.27%
Mar 31, 2015 83.07%
Dec 31, 2014 81.55%
Sep 30, 2014 81.69%
Jun 30, 2014 82.19%
Mar 31, 2014 81.37%
Dec 31, 2013 79.28%
Sep 30, 2013 81.50%
Jun 30, 2013 82.60%
Mar 31, 2013 81.95%
Dec 31, 2012 82.20%
Sep 30, 2012 81.27%
Jun 30, 2012 81.60%
Mar 31, 2012 82.24%
Dec 31, 2011 -234.87%
Sep 30, 2011 81.14%
Jun 30, 2011 82.14%
Mar 31, 2011 82.78%
Dec 31, 2010 81.58%
Sep 30, 2010 81.69%
Jun 30, 2010 82.41%
Mar 31, 2010 82.78%