HCA Healthcare (HCA) Net Margin (2010 - 2026)
HCA Healthcare (HCA) reported Net Margin of 9.72% for Q1 2026, down 24.0% year-over-year from 12.79% in Q1 2025, and down 12.33% on a QoQ basis from 11.08% in Q4 2025.
HCA Healthcare (HCA) has 17 years of Net Margin data on file, last reported at 9.72% in Q1 2026.
- Quarterly Net Margin fell 24.0% year-over-year to 9.72% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.23% (down 168.0% YoY) and the FY2025 annual result came in at 10.29%, down 175.0% from the prior year.
- Net Margin eased to 9.72% in Q1 2026 per HCA's latest filing, from 11.08% in the prior quarter.
- Across five years, Net Margin topped out at 19.32% in Q4 2024 and bottomed at 7.86% in Q3 2023.
- The 5-year median for Net Margin is 9.9% (2023), against an average of 10.66%.
- The widest annual swing landed in 2022, when Net Margin tumbled 1016 bps; it then jumped 856 bps in 2024.
- Tracing HCA's Net Margin over 5 years: stood at 17.07% in 2022, then tumbled by 37 bps to 10.76% in 2023, then jumped by 80 bps to 19.32% in 2024, then plunged by 43 bps to 11.08% in 2025, then slipped by 12 bps to 9.72% in 2026.
- Per Business Quant, the three latest HCA Net Margin figures stand at 9.72% (Q1 2026), 11.08% (Q4 2025), and 9.93% (Q3 2025).
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.72% |
| Dec 31, 2025 | 11.08% |
| Sep 30, 2025 | 9.93% |
| Jun 30, 2025 | 10.16% |
| Mar 31, 2025 | 9.96% |
| Dec 31, 2024 | 19.32% |
| Sep 30, 2024 | 8.47% |
| Jun 30, 2024 | 9.64% |
| Mar 31, 2024 | 10.39% |
| Dec 31, 2023 | 10.76% |
| Sep 30, 2023 | 7.86% |
| Jun 30, 2023 | 8.90% |
| Mar 31, 2023 | 9.90% |
| Dec 31, 2022 | 17.07% |
| Sep 30, 2022 | 8.98% |
| Jun 30, 2022 | 9.30% |
| Mar 31, 2022 | 9.80% |
| Dec 31, 2021 | 27.23% |
| Sep 30, 2021 | 16.18% |
| Jun 30, 2021 | 11.53% |
| Mar 31, 2021 | 11.30% |
| Dec 31, 2020 | 12.01% |
| Sep 30, 2020 | 5.85% |
| Jun 30, 2020 | 10.99% |
| Mar 31, 2020 | 5.43% |
| Dec 31, 2019 | 9.41% |
| Sep 30, 2019 | 6.02% |
| Jun 30, 2019 | 7.36% |
| Mar 31, 2019 | 9.44% |
| Dec 31, 2018 | 10.14% |
| Sep 30, 2018 | 7.82% |
| Jun 30, 2018 | 8.38% |
| Mar 31, 2018 | 11.22% |
| Dec 31, 2017 | 5.54% |
| Sep 30, 2017 | 4.96% |
| Jun 30, 2017 | 7.41% |
| Mar 31, 2017 | 7.31% |
| Dec 31, 2016 | 21.97% |
| Sep 30, 2016 | 7.25% |
| Jun 30, 2016 | 7.67% |
| Mar 31, 2016 | 7.90% |
| Dec 31, 2015 | 19.11% |
| Sep 30, 2015 | 5.81% |
| Jun 30, 2015 | 6.72% |
| Mar 31, 2015 | 7.44% |
| Dec 31, 2014 | 17.97% |
| Sep 30, 2014 | 6.63% |
| Jun 30, 2014 | 74.62% |
| Mar 31, 2014 | 73.61% |
| Dec 31, 2013 | 72.73% |
| Sep 30, 2013 | 73.32% |
| Jun 30, 2013 | 73.95% |
| Mar 31, 2013 | 73.98% |
| Dec 31, 2012 | 85.23% |
| Sep 30, 2012 | 72.98% |
| Jun 30, 2012 | 73.43% |
| Mar 31, 2012 | 73.12% |
| Dec 31, 2011 | -276.95% |
| Sep 30, 2011 | 74.30% |
| Jun 30, 2011 | 72.93% |
| Mar 31, 2011 | 73.12% |
| Dec 31, 2010 | 75.45% |
| Sep 30, 2010 | 72.05% |
| Jun 30, 2010 | 72.85% |
| Mar 31, 2010 | 72.39% |