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

HCA Healthcare has disclosed Net Margin across 17 years of filings, most recently posting 9.72% for Q1 2026.

• In Q1 2026, Net Margin fell 24.0% year-over-year to 9.72%; the TTM figure through Mar 2026 stood at 10.23% (down 168.0% YoY), while the FY2025 annual figure was 10.29%, down 175.0% from the prior year.
• Net Margin declined to 9.72% in Q1 2026, from 11.08% in the prior quarter.
• Over the last five years, Net Margin for HCA reached as high as 19.32% in Q4 2024 and fell as low as 7.86% in Q3 2023.
• The 5-year median for Net Margin is 9.9% (2023), against an average of 10.66%.
• Annual changes were most pronounced in 2022 — Net Margin tumbled 1016 bps — and 2024, when it soared 856 bps.
• A 5-year view of Net Margin shows it stood at 17.07% in 2022, then tumbled by 37 bps to 10.76% in 2023, then soared by 80 bps to 19.32% in 2024, then plunged by 43 bps to 11.08% in 2025, then declined by 12 bps to 9.72% in 2026.
• According to Business Quant data, Net Margin over the past three periods registered 9.72%, 11.08%, and 9.93% for Q1 2026, Q4 2025, and Q3 2025 respectively.