Healthcare Services (HCSG) Gross Margin (2009 - 2026)
Healthcare Services (HCSG) reported Gross Margin of 16.39% for Q1 2026, up 120.0% year-over-year from 7.45% in Q1 2025, and up 6.11% quarter-over-quarter from 15.44% in Q4 2025.
Healthcare Services (HCSG) Gross Margin (2009 - 2026) Analysis & Trends
Healthcare Services (HCSG) has 18 years of Gross Margin data on file, last reported at 16.39% in Q1 2026.
- Gross Margin for Q1 2026 came in at 16.39%, up 120.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.35% (up 4.0% YoY), and the FY2025 annual result was 13.03%, down 26.0% from the prior year.
- Gross Margin advanced to 16.39% in Q1 2026 per HCSG's latest filing, from 15.44% in the prior quarter.
- Over five years, Gross Margin peaked at 20.76% in Q3 2025 and troughed at 0.65% in Q2 2025.
- A 5-year average of 12.86% and a median of 13.37% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 644 bps in 2024, then sank 910 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 13.37% in 2022, then surged by 32 bps to 17.63% in 2023, then dropped by 24 bps to 13.39% in 2024, then climbed by 15 bps to 15.44% in 2025, then climbed by 6 bps to 16.39% in 2026.
- Business Quant data shows HCSG's Gross Margin at 16.39% in Q1 2026, 15.44% in Q4 2025, and 20.76% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 85.07% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 82.10% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 31.42% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 84.75% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 21.12% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 71.44% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | -18,654.20% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 32.82% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 24.35% |
| 10 | Healthcare Services | 1.60 Bn | 1.43 Bn | 75.83 Mn | 16.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.39% |
| Dec 31, 2025 | 15.44% |
| Sep 30, 2025 | 20.76% |
| Jun 30, 2025 | 0.65% |
| Mar 31, 2025 | 15.18% |
| Dec 31, 2024 | 13.39% |
| Sep 30, 2024 | 14.81% |
| Jun 30, 2024 | 9.75% |
| Mar 31, 2024 | 15.24% |
| Dec 31, 2023 | 17.63% |
| Sep 30, 2023 | 8.37% |
| Jun 30, 2023 | 12.11% |
| Mar 31, 2023 | 13.15% |
| Dec 31, 2022 | 13.37% |
| Sep 30, 2022 | 9.07% |
| Jun 30, 2022 | 10.71% |
| Mar 31, 2022 | 12.55% |
| Dec 31, 2021 | 11.16% |
| Sep 30, 2021 | 12.22% |
| Jun 30, 2021 | 15.51% |