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

HCA Healthcare (HCA) has reported Net Margin for 17 consecutive years, with 9.54% the latest figure, recorded in Q2 2026.

• In Q2 2026, Net Margin fell 62.0% year-over-year to 9.54%; the TTM figure through Jun 2026 stood at 10.05% (up 58.0% YoY), while the FY2025 annual figure was 10.27%, up 85.0% from the prior year.
• Net Margin slipped to 9.54% in Q2 2026 per HCA's latest filing, from 9.72% in the prior quarter.
• Across five years, Net Margin topped out at 17.07% in Q4 2022 and bottomed at 7.86% in Q3 2023.
• Historically, Net Margin has averaged 10.03% across 5 years, with a median of 9.76% in 2022.
• On a YoY basis, Net Margin climbed as much as 376 bps in 2022 and fell as far as 720 bps in 2022.
• HCA Healthcare's Net Margin stood at 17.07% in 2022, then sank by 37 bps to 10.74% in 2023, then slipped by 14 bps to 9.22% in 2024, then rose by 19 bps to 11.01% in 2025, then retreated by 13 bps to 9.54% in 2026.
• Business Quant data shows HCA's Net Margin at 9.54% in Q2 2026, 9.72% in Q1 2026, and 11.01% in Q4 2025.