Growth Metrics

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

HCA Healthcare (HCA) has disclosed Net Margin for 16 consecutive years, with 19.6% as the latest value for Q4 2025.

  • On a quarterly basis, Net Margin rose 5077.0% to 19.6% in Q4 2025 year-over-year; TTM through Dec 2025 was 5.33%, a 464.0% increase, with the full-year FY2025 number at 12.68%, up 325.0% from a year prior.
  • Net Margin was 19.6% for Q4 2025 at HCA Healthcare, up from 25.31% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 19.6% in Q4 2025 to a low of 31.17% in Q4 2024.
  • A 5-year average of 0.63% and a median of 8.58% in 2022 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: plummeted -2662bps in 2024, then skyrocketed 5077bps in 2025.
  • HCA Healthcare's Net Margin stood at 13.31% in 2021, then crashed by -166bps to 8.8% in 2022, then surged by 48bps to 4.55% in 2023, then plummeted by -585bps to 31.17% in 2024, then skyrocketed by 163bps to 19.6% in 2025.
  • Per Business Quant, the three most recent readings for HCA's Net Margin are 19.6% (Q4 2025), 25.31% (Q3 2025), and 8.18% (Q2 2025).