HCA Healthcare, Inc. (HCA) Operating Margin: 15.67%
Is HCA Healthcare, Inc.’s operating margin high or low?
HCA Healthcare, Inc.'s operating margin of 15.67% is in line with its 5-year average of 15.20%, around the middle of its 5-year range (14.09%–16.47%).
As of Tuesday, June 16, 2026. 1.85% above its 12-month average of 15.38%.
HCA Operating Margin Chart
HCA Average Operating Margin Chart
HCA Current vs Average Operating Margin Chart
HCA Operating Margin Metrics
OPERATING MARGIN
15.67%
OPERATING MARGIN AVG TTM
15.38%
OPERATING MARGIN AVG 3Y
15.15%
OPERATING MARGIN AVG 5Y
15.20%
OPERATING MARGIN AVG 10Y
14.85%
OPERATING MARGIN AVG 15Y
14.62%
OPERATING MARGIN AVG 20Y
14.03%
CURRENT VS TTM AVG
+1.85%
CURRENT VS 3Y AVG
+3.40%
CURRENT VS 5Y AVG
+3.11%
CURRENT VS 10Y AVG
+5.53%
CURRENT VS 15Y AVG
+7.18%
CURRENT VS 20Y AVG
+11.70%
HCA Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HCA Healthcare, Inc. (HCA) | $88.05B | 15.67% | 15.38% | 15.15% | 15.20% |
| Elevance Health Inc. (ELV)vs › | $86.74B | 3.81% | 4.55% | 4.90% | 5.40% |
| Cigna Corporation (CI)vs › | $77.02B | 3.42% | 3.56% | 4.04% | 4.30% |
| Medtronic plc (MDT)vs › | $104.05B | 17.78% | 17.77% | 17.25% | 17.00% |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $62.78B | 24.32% | 26.52% | 32.61% | 38.03% |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $113.82B | 38.97% | 18.66% | 31.09% | 34.52% |
| Bristol-Myers Squibb Company (BMY)vs › | $114.38B | 25.67% | 23.17% | 21.31% | 19.39% |
| Cencora, Inc. (COR)vs › | $54.76B | 1.28% | 1.08% | 1.06% | 1.09% |
| Cardinal Health, Inc. (CAH)vs › | $53.55B | 0.92% | 0.79% | 0.40% | -0.13% |
| Becton, Dickinson and Company (BDX)vs › | $52.72B | 10.61% | 11.84% | 11.67% | 10.68% |
Operating Efficiency
Gross Margin
34.9%
Operating Margin
15.7%
HCA Healthcare, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
HCA Healthcare, Inc. Operating Margin FAQ
- What is the operating margin for HCA Healthcare, Inc. (HCA)?
- The operating margin for HCA stock is 15.67%.
- Is HCA Healthcare, Inc.'s operating margin high or low?
- HCA Healthcare, Inc.'s operating margin of 15.67% is in line with its 5-year average of 15.20%, around the middle of its 5-year range (14.09%–16.47%).
- What is the TTM average operating margin for HCA Healthcare, Inc. (HCA)?
- The TTM average operating margin for HCA stock is 15.38%.
- What is the 3Y average operating margin for HCA Healthcare, Inc. (HCA)?
- The 3Y average operating margin for HCA stock is 15.15%.
- What is the 5Y average operating margin for HCA Healthcare, Inc. (HCA)?
- The 5Y average operating margin for HCA stock is 15.20%.
- What is the 10Y average operating margin for HCA Healthcare, Inc. (HCA)?
- The 10Y average operating margin for HCA stock is 14.85%.
- What is the 15Y average operating margin for HCA Healthcare, Inc. (HCA)?
- The 15Y average operating margin for HCA stock is 14.62%.
- What is the 20Y average operating margin for HCA Healthcare, Inc. (HCA)?
- The 20Y average operating margin for HCA stock is 14.03%.
HCA Healthcare, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 15.83% |
| 2024-12-31 | 14.94% |
| 2023-12-31 | 14.82% |
| 2022-12-31 | 15.03% |
| 2021-12-31 | 16.47% |
| 2020-12-31 | 14.09% |
| 2019-12-31 | 14.06% |
| 2018-12-31 | 14.23% |
| 2017-12-31 | 13.89% |
| 2016-12-31 | 14.94% |
| 2015-12-31 | 15.03% |
| 2014-12-31 | 15.07% |
| 2013-12-31 | 14.02% |
| 2012-12-31 | 14.59% |
| 2011-12-31 | 13.35% |
| 2010-12-31 | 13.57% |
| 2009-12-31 | 12.65% |
| 2008-12-31 | 10.34% |
| 2007-12-31 | 10.99% |
| 2006-12-31 | 11.13% |
| 2005-12-31 | 11.87% |
| 2004-12-31 | 11.56% |
| 2003-12-31 | 12.83% |
| 2002-12-31 | 10.39% |
| 2001-12-31 | 12.39% |
| 2000-12-31 | 99.30% |
| 1999-12-31 | 98.68% |
| 1998-12-31 | 90.42% |
| 1997-12-31 | 6.22% |
| 1996-12-31 | 14.56% |
About HCA Healthcare, Inc.
HCA Healthcare, Inc., operating through its subsidiaries, delivers a comprehensive array of healthcare services throughout the United States. The organization manages a network of general and acute care hospitals that provide a full spectrum of medical and surgical care, encompassing inpatient services, intensive care, cardiac treatment, diagnostic procedures, and emergency services. These hospitals additionally offer a broad range of outpatient care, such as ambulatory surgery, laboratory testing, radiology, respiratory therapy, cardiology, and physical therapy. Beyond its hospital infrastructure, HCA Healthcare operates numerous specialized outpatient facilities. These include standalone ambulatory surgery centers, dedicated emergency care facilities, urgent care clinics, walk-in clinics, advanced diagnostic and imaging centers, rehabilitation and physical therapy centers, radiation and oncology treatment facilities, physician practices, and various other healthcare sites. Furthermore, the company oversees psychiatric hospitals, which offer diverse therapeutic programs. These services cater to child, adolescent, and adult psychiatric care, alongside adolescent and adult alcohol and drug abuse treatment and counseling. As of December 31, 2021, HCA Healthcare's extensive portfolio included 182 hospitals, specifically 175 general and acute care hospitals, five psychiatric hospitals, and two rehabilitation hospitals. Its network also featured 125 freestanding surgery centers and 21 freestanding endoscopy centers, all distributed across 20 states and England. Founded in 1968 and formerly known as HCA Holdings, Inc., the company's corporate headquarters are situated in Nashville, Tennessee.
- Sector
- Healthcare
- Industry
- Medical - Care Facilities
- CEO
- Samuel N. Hazen