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

HCA Healthcare (HCA) has 17 years of Net Margin data on file, last reported at 9.72% in Q1 2026.

• Net Margin for Q1 2026 came in at 9.72%, down 24.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.23% (down 168.0% YoY), and the FY2025 annual result was 10.29%, down 175.0% from the prior year.
• Net Margin slipped to 9.72% in Q1 2026 per HCA's latest filing, from 11.08% in the prior quarter.
• Over five years, Net Margin peaked at 19.32% in Q4 2024 and troughed at 7.86% in Q3 2023.
• A 5-year average of 10.66% and a median of 9.9% in 2023 frame the typical range for Net Margin.
• The sharpest annual moves came in 2022 and 2024: Net Margin sank 1016 bps in 2022, then soared 856 bps in 2024.
• A 5-year view of Net Margin shows it stood at 17.07% in 2022, then sank by 37 bps to 10.76% in 2023, then soared by 80 bps to 19.32% in 2024, then slumped by 43 bps to 11.08% in 2025, then declined by 12 bps to 9.72% in 2026.
• Business Quant data shows HCA's Net Margin at 9.72% in Q1 2026, 11.08% in Q4 2025, and 9.93% in Q3 2025.