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

HCA Healthcare (HCA) has disclosed Operating Margin for 16 consecutive years, with 15.91% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin rose 4174.0% to 15.91% in Q4 2025 year-over-year; TTM through Dec 2025 was 2.03%, a 821.0% increase, with the full-year FY2025 number at 2.73%, up 20.0% from a year prior.
  • Operating Margin was 15.91% for Q4 2025 at HCA Healthcare, up from 19.69% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 15.91% in Q4 2025 to a low of 25.84% in Q4 2024.
  • A 5-year average of 5.33% and a median of 5.09% in 2022 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: crashed -1882bps in 2024, then surged 4174bps in 2025.
  • HCA Healthcare's Operating Margin stood at 1.14% in 2021, then crashed by -615bps to 5.88% in 2022, then decreased by -19bps to 7.02% in 2023, then tumbled by -268bps to 25.84% in 2024, then soared by 162bps to 15.91% in 2025.
  • Per Business Quant, the three most recent readings for HCA's Operating Margin are 15.91% (Q4 2025), 19.69% (Q3 2025), and 2.31% (Q2 2025).