HCA Healthcare profit margin HCA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 8.8%
- Operating margin, 12 months
- 15.5%
- Net margin on a year earlier
- +0.6 pts
- Peer median
- 7.7%
Over the twelve months to Jun 30, 2026, HCA Healthcare kept 8.8% of its revenue as net profit, with an operating margin of 15.5%.
Five years earlier its net margin was 8.9%.
The median for 6 hospital and care facility stocks of a similar size is 7.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 9.0% | 15.9% |
| FY2024 | 8.2% | 15.0% |
| FY2023 | 8.1% | 14.8% |
| FY2022 | 9.4% | 17.2% |
| FY2021 | 11.8% | 19.2% |
| FY2020 | 7.3% | 12.5% |
| FY2019 | 6.8% | 14.1% |
| FY2018 | 8.1% | 15.1% |
| FY2017 | 5.1% | 13.9% |
| FY2016 | 6.5% | 14.5% |
| FY2015 | 4.9% | 13.1% |
| FY2014 | 5.0% | 14.6% |
| FY2013 | 4.6% | 14.0% |
| FY2012 | 4.9% | 14.1% |
| FY2011 | 8.3% | 14.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 8.8% | +0.6 pts | 15.5% | |
| Q1 FY26 | 8.9% | +0.8 pts | 15.7% | |
| Q4 FY25 | 9.0% | +0.8 pts | 15.9% | |
| Q3 FY25 | 8.5% | +0.0 pts | 15.4% | |
| Q2 FY25 | 8.2% | −0.2 pts | 15.0% | |
| Q1 FY25 | 8.1% | −0.1 pts | 14.9% | |
| Q4 FY24 | 8.2% | +0.1 pts | 15.0% | |
| Q3 FY24 | 8.5% | −0.5 pts | 15.4% | |
| Q2 FY24 | 8.4% | −0.9 pts | 15.2% | |
| Q1 FY24 | 8.2% | −1.2 pts | 14.9% | |
| Q4 FY23 | 8.1% | −1.3 pts | 14.8% | |
| Q3 FY23 | 9.0% | +0.1 pts | 16.7% |
Against its peers
Companies in Medical - Care Facilities nearest HCA Healthcare's size, closest first, today.
| Company | Profit margin |
|---|---|
| HCAHCA Healthcare | 8.8% |
| THCTenet Healthcare | 10.3% |
| EHCEncompass Health | 10.0% |
| BTSGBrightSpring Health Services | 2.5% |
| DVADavita | 6.0% |
| UHSUniversal Health Services | 8.4% |
| ENSGEnsign | 6.9% |
| Peer median | 7.7% |
Where HCA Healthcare ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on HCA Healthcare
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.