Healthcare Services (HCSG) Net Margin (2009 - 2026)
Healthcare Services (HCSG) reported Net Margin of 5.63% for Q1 2026, up 178.0% year-over-year from 2.03% in Q1 2025, and down 15.89% on a QoQ basis from 6.69% in Q4 2025.
Healthcare Services (HCSG) has 18 years of Net Margin data on file, last reported at 5.63% in Q1 2026.
- Quarterly Net Margin rose 178.0% year-over-year to 5.63% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.67% (up 129.0% YoY) and the FY2025 annual result came in at 3.21%, up 91.0% from the prior year.
- Net Margin fell to 5.63% in Q1 2026 per HCSG's latest filing, from 6.69% in the prior quarter.
- Across five years, Net Margin topped out at 9.25% in Q3 2025 and bottomed at 7.06% in Q2 2025.
- The 5-year median for Net Margin is 2.8% (2023), against an average of 2.63%.
- Peak annual rise in Net Margin reached 597 bps in 2025, while the deepest fall reached 664 bps in 2025.
- Tracing HCSG's Net Margin over 5 years: stood at 3.72% in 2022, then jumped by 49 bps to 5.55% in 2023, then slumped by 51 bps to 2.72% in 2024, then surged by 146 bps to 6.69% in 2025, then fell by 16 bps to 5.63% in 2026.
- Per Business Quant, the three latest HCSG Net Margin figures stand at 5.63% (Q1 2026), 6.69% (Q4 2025), and 9.25% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 9.72% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 13.08% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 8.05% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 1.00% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 6.93% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 7.76% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.00% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 10.08% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 5.68% |
| 10 | Healthcare Services | 1.44 Bn | 1.27 Bn | 75.83 Mn | 5.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.63% |
| Dec 31, 2025 | 6.69% |
| Sep 30, 2025 | 9.25% |
| Jun 30, 2025 | -7.06% |
| Mar 31, 2025 | 3.85% |
| Dec 31, 2024 | 2.72% |
| Sep 30, 2024 | 3.28% |
| Jun 30, 2024 | -0.42% |
| Mar 31, 2024 | 3.62% |
| Dec 31, 2023 | 5.55% |
| Sep 30, 2023 | -1.23% |
| Jun 30, 2023 | 1.97% |
| Mar 31, 2023 | 2.80% |
| Dec 31, 2022 | 3.72% |
| Sep 30, 2022 | 0.08% |
| Jun 30, 2022 | 1.61% |
| Mar 31, 2022 | 2.65% |
| Dec 31, 2021 | 1.14% |
| Sep 30, 2021 | 2.30% |
| Jun 30, 2021 | 2.40% |
| Mar 31, 2021 | 6.05% |
| Dec 31, 2020 | 6.56% |
| Sep 30, 2020 | 6.34% |
| Jun 30, 2020 | 5.11% |
| Mar 31, 2020 | 4.50% |
| Dec 31, 2019 | 4.23% |
| Sep 30, 2019 | 4.03% |
| Jun 30, 2019 | 3.94% |
| Mar 31, 2019 | 1.92% |
| Dec 31, 2018 | 6.37% |
| Sep 30, 2018 | 5.16% |
| Jun 30, 2018 | 5.15% |
| Mar 31, 2018 | 0.01% |
| Dec 31, 2017 | 4.04% |
| Sep 30, 2017 | 4.78% |
| Jun 30, 2017 | 4.79% |
| Mar 31, 2017 | 5.44% |
| Dec 31, 2016 | 5.09% |
| Sep 30, 2016 | 5.02% |
| Jun 30, 2016 | 4.85% |
| Mar 31, 2016 | 7.69% |
| Dec 31, 2015 | 2.50% |
| Sep 30, 2015 | 4.74% |
| Jun 30, 2015 | 4.58% |
| Mar 31, 2015 | 4.37% |
| Dec 31, 2014 | 4.53% |
| Sep 30, 2014 | -6.93% |
| Jun 30, 2014 | 4.36% |
| Mar 31, 2014 | 4.69% |
| Dec 31, 2013 | 1.79% |
| Sep 30, 2013 | 4.62% |
| Jun 30, 2013 | 4.73% |
| Mar 31, 2013 | 5.46% |
| Dec 31, 2012 | 4.62% |
| Sep 30, 2012 | 4.22% |
| Jun 30, 2012 | 4.24% |
| Mar 31, 2012 | 3.29% |
| Dec 31, 2011 | 4.22% |
| Sep 30, 2011 | 4.57% |
| Jun 30, 2011 | 4.65% |
| Mar 31, 2011 | 3.73% |
| Dec 31, 2010 | 4.51% |
| Sep 30, 2010 | 4.70% |
| Jun 30, 2010 | 4.52% |
| Mar 31, 2010 | 4.04% |
| Dec 31, 2009 | 2.21% |
| Sep 30, 2009 | 4.60% |
| Jun 30, 2009 | 4.57% |