HCA Healthcare (HCA) Operating Margin (2010 - 2026)
HCA Healthcare (HCA) reported Operating Margin of 2.96% for Q1 2026, up 532.0% year-over-year from 0.47% in Q1 2025, and up 88.02% on a QoQ basis from 24.72% in Q4 2025.
HCA Healthcare (HCA) has 17 years of Operating Margin data on file, last reported at 2.96% in Q1 2026.
- Quarterly Operating Margin rose 532.0% year-over-year to 2.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.9% (up 329.0% YoY) and the FY2025 annual result came in at 2.73%, up 20.0% from the prior year.
- Operating Margin improved to 2.96% in Q1 2026 per HCA's latest filing, from 24.72% in the prior quarter.
- Across five years, Operating Margin topped out at 2.31% in Q2 2025 and bottomed at 25.84% in Q4 2024.
- The 5-year median for Operating Margin is 6.3% (2022), against an average of 8.89%.
- The widest annual swing landed in 2023, when Operating Margin slumped 1268 bps; it then soared 562 bps in 2025.
- Tracing HCA's Operating Margin over 5 years: stood at 5.88% in 2022, then slumped by 216 bps to 18.56% in 2023, then plunged by 39 bps to 25.84% in 2024, then increased by 4 bps to 24.72% in 2025, then soared by 88 bps to 2.96% in 2026.
- Per Business Quant, the three latest HCA Operating Margin figures stand at 2.96% (Q1 2026), 24.72% (Q4 2025), and 9.1% (Q3 2025).
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.96% |
| Dec 31, 2025 | -24.72% |
| Sep 30, 2025 | -9.10% |
| Jun 30, 2025 | -2.31% |
| Mar 31, 2025 | -8.29% |
| Dec 31, 2024 | -25.84% |
| Sep 30, 2024 | -10.36% |
| Jun 30, 2024 | -7.92% |
| Mar 31, 2024 | -2.45% |
| Dec 31, 2023 | -18.56% |
| Sep 30, 2023 | -4.85% |
| Jun 30, 2023 | -4.22% |
| Mar 31, 2023 | -6.23% |
| Dec 31, 2022 | -5.88% |
| Sep 30, 2022 | -7.72% |
| Jun 30, 2022 | -6.30% |
| Mar 31, 2022 | -3.39% |
| Dec 31, 2021 | 3.51% |
| Sep 30, 2021 | 4.54% |
| Jun 30, 2021 | -2.47% |
| Mar 31, 2021 | -3.21% |
| Dec 31, 2020 | -8.65% |
| Sep 30, 2020 | -8.56% |
| Jun 30, 2020 | -1.70% |
| Mar 31, 2020 | -10.21% |
| Dec 31, 2019 | 1.03% |
| Sep 30, 2019 | -10.82% |
| Jun 30, 2019 | -9.24% |
| Mar 31, 2019 | -6.70% |
| Dec 31, 2018 | -11.38% |
| Sep 30, 2018 | -7.17% |
| Jun 30, 2018 | -7.63% |
| Mar 31, 2018 | -5.00% |
| Dec 31, 2017 | -6.09% |
| Sep 30, 2017 | -12.13% |
| Jun 30, 2017 | -7.50% |
| Mar 31, 2017 | 81.83% |
| Dec 31, 2016 | 82.34% |
| Sep 30, 2016 | 83.46% |
| Jun 30, 2016 | 81.90% |
| Mar 31, 2016 | 81.94% |
| Dec 31, 2015 | 79.47% |
| Sep 30, 2015 | 81.78% |
| Jun 30, 2015 | 82.27% |
| Mar 31, 2015 | 83.07% |
| Dec 31, 2014 | 81.55% |
| Sep 30, 2014 | 81.69% |
| Jun 30, 2014 | 82.19% |
| Mar 31, 2014 | 81.37% |
| Dec 31, 2013 | 79.28% |
| Sep 30, 2013 | 81.50% |
| Jun 30, 2013 | 82.60% |
| Mar 31, 2013 | 81.95% |
| Dec 31, 2012 | 82.20% |
| Sep 30, 2012 | 81.27% |
| Jun 30, 2012 | 81.60% |
| Mar 31, 2012 | 82.24% |
| Dec 31, 2011 | -234.87% |
| Sep 30, 2011 | 81.14% |
| Jun 30, 2011 | 82.14% |
| Mar 31, 2011 | 82.78% |
| Dec 31, 2010 | 81.58% |
| Sep 30, 2010 | 81.69% |
| Jun 30, 2010 | 82.41% |
| Mar 31, 2010 | 82.78% |