HCA Healthcare (HCA) Tax Rate (2010 - 2026)

HCA Healthcare (HCA) reported Tax Rate of 18.8% for Q1 2026, down 277.0% year-over-year from 10.62% in Q1 2025, and down 1.3% quarter-over-quarter from 19.05% in Q4 2025.

HCA Healthcare (HCA) Tax Rate (2010 - 2026) Analysis & Trends

HCA Healthcare (HCA) has 17 years of Tax Rate data on file, last reported at 18.8% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 18.8%, down 277.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.2% (up 1931.0% YoY), and the FY2025 annual result was 20.85%, up 2062.0% from the prior year.
  • Tax Rate fell to 18.8% in Q1 2026 per HCA's latest filing, from 19.05% in the prior quarter.
  • Over five years, Tax Rate peaked at 24.59% in Q2 2024 and troughed at 65.59% in Q4 2024.
  • A 5-year average of 15.85% and a median of 21.13% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 8623 bps in 2024, then soared 8464 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 19.87% in 2022, then grew by 4 bps to 20.64% in 2023, then sank by 418 bps to 65.59% in 2024, then soared by 129 bps to 19.05% in 2025, then fell by 1 bps to 18.8% in 2026.
  • Business Quant data shows HCA's Tax Rate at 18.8% in Q1 2026, 19.05% in Q4 2025, and 21.3% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 18.80
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 19.96
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 19.40
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 19.54
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 22.41
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 23.54
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 88.41
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 25.37
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 29.07
10 Concentra Group Holdings Parent 3.59 Bn 3.54 Bn 170.47 Mn 24.88

Historic Data

Download Data
DateValue
Mar 31, 2026 18.80%
Mar 31, 2026 18.80%
Dec 31, 2025 19.05%
Dec 31, 2025 19.05%
Sep 30, 2025 21.30%
Sep 30, 2025 21.30%
Jun 30, 2025 21.70%
Jun 30, 2025 21.70%
Mar 31, 2025 21.57%
Mar 31, 2025 21.57%
Dec 31, 2024 -65.59%
Dec 31, 2024 -65.59%
Sep 30, 2024 22.25%
Sep 30, 2024 22.25%
Jun 30, 2024 24.59%
Jun 30, 2024 24.59%
Mar 31, 2024 19.80%
Mar 31, 2024 19.80%
Dec 31, 2023 20.64%
Dec 31, 2023 20.64%