Healthcare Services (HCSG) Operating Margin (2009 - 2026)
Healthcare Services (HCSG) posted quarterly Operating Margin of 7.31% for Q1 2026, up 217.0% YoY from 2.31% in Q1 2025, and up 31.88% sequentially from 5.54% in Q4 2025.
Healthcare Services (HCSG) Operating Margin (2009 - 2026) Analysis & Trends
Healthcare Services has disclosed Operating Margin across 18 years of filings, most recently posting 7.31% for Q1 2026.
- In Q1 2026, Operating Margin rose 217.0% year-over-year to 7.31%; the TTM figure through Mar 2026 stood at 3.21% (up 31.0% YoY), while the FY2025 annual figure was 2.64%, up 2.0% from the prior year.
- Operating Margin climbed to 7.31% in Q1 2026, from 5.54% in the prior quarter.
- Over the last five years, Operating Margin for HCSG reached as high as 9.88% in Q3 2025 and fell as low as 10.08% in Q2 2025.
- The 5-year median for Operating Margin is 3.86% (2024), against an average of 3.07%.
- The widest YoY moves for Operating Margin: up 602 bps in 2025, down 940 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 4.05% in 2022, then surged by 66 bps to 6.72% in 2023, then tumbled by 53 bps to 3.15% in 2024, then soared by 76 bps to 5.54% in 2025, then surged by 32 bps to 7.31% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 7.31%, 5.54%, and 9.88% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | -2.96% |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 12.86% |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 24.14% |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 14.11% |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 3.76% |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 8.99% |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 11.19% |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 8.45% |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 17.01% |
| 10 | Healthcare Services | 1.75 Bn | 1.58 Bn | 75.83 Mn | 7.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.31% |
| Dec 31, 2025 | 5.54% |
| Sep 30, 2025 | 9.88% |
| Jun 30, 2025 | -10.08% |
| Mar 31, 2025 | 5.14% |
| Dec 31, 2024 | 3.15% |
| Sep 30, 2024 | 3.86% |
| Jun 30, 2024 | -0.68% |
| Mar 31, 2024 | 4.16% |
| Dec 31, 2023 | 6.72% |
| Sep 30, 2023 | -1.12% |
| Jun 30, 2023 | 2.22% |
| Mar 31, 2023 | 3.55% |
| Dec 31, 2022 | 4.05% |
| Sep 30, 2022 | 0.43% |
| Jun 30, 2022 | 3.81% |
| Mar 31, 2022 | 4.17% |
| Dec 31, 2021 | 0.62% |
| Sep 30, 2021 | 2.88% |
| Jun 30, 2021 | 2.94% |