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HCA Healthcare, Inc. (HCA) Gross Margin: 34.92%

Is HCA Healthcare, Inc.’s gross margin high or low?

HCA Healthcare, Inc.'s gross margin of 34.92% is 26% below its 5-year average of 47.00%, near the low end of its 5-year range (34.92%–83.76%).

As of Tuesday, June 16, 2026. 14.95% below its 12-month average of 41.06%.

HCA Gross Margin Chart

HCA Gross Margin
41.50%+2.17% 1Y
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HCA Average Gross Margin Chart

HCA Current vs Average Gross Margin Chart

HCA Gross Margin Metrics

GROSS MARGIN

34.92%

GROSS MARGIN AVG TTM

41.06%

GROSS MARGIN AVG 3Y

39.99%

GROSS MARGIN AVG 5Y

47.00%

GROSS MARGIN AVG 10Y

63.52%

GROSS MARGIN AVG 15Y

68.60%

GROSS MARGIN AVG 20Y

82.29%

CURRENT VS TTM AVG

-14.95%

CURRENT VS 3Y AVG

-12.68%

CURRENT VS 5Y AVG

-25.70%

CURRENT VS 10Y AVG

-45.03%

CURRENT VS 15Y AVG

-49.09%

CURRENT VS 20Y AVG

-57.56%

HCA Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
HCA Healthcare, Inc. (HCA)$88.05B34.92%41.06%39.99%47.00%
Elevance Health Inc. (ELV)vs ›$86.74B23.16%26.70%26.59%26.68%
Cigna Corporation (CI)vs ›$77.02B9.30%9.98%11.47%12.36%
Medtronic plc (MDT)vs ›$104.05B65.02%65.17%65.34%65.75%
Boston Scientific Corporation (BSX)vs ›$69.74B70.41%65.16%63.29%62.03%
Regeneron Pharmaceuticals, Inc. (REGN)vs ›$62.78B84.55%85.74%85.09%84.57%
Vertex Pharmaceuticals Incorporated (VRTX)vs ›$113.82B86.28%85.57%86.56%87.08%
Bristol-Myers Squibb Company (BMY)vs ›$114.38B68.75%62.23%59.55%57.82%
Stryker Corporation (SYK)vs ›$119.06B63.67%62.91%61.66%61.70%
Cencora, Inc. (COR)vs ›$54.76B3.47%3.06%3.07%2.95%

Gross Margin Analysis

Gross Margin

34.9%

(Revenue - COGS) / Revenue

HCA Healthcare, Inc. Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

HCA Healthcare, Inc. Gross Margin FAQ

What is the gross margin for HCA Healthcare, Inc. (HCA)?
The gross margin for HCA stock is 34.92%.
Is HCA Healthcare, Inc.'s gross margin high or low?
HCA Healthcare, Inc.'s gross margin of 34.92% is 26% below its 5-year average of 47.00%, near the low end of its 5-year range (34.92%–83.76%).
What is the TTM average gross margin for HCA Healthcare, Inc. (HCA)?
The TTM average gross margin for HCA stock is 41.06%.
What is the 3Y average gross margin for HCA Healthcare, Inc. (HCA)?
The 3Y average gross margin for HCA stock is 39.99%.
What is the 5Y average gross margin for HCA Healthcare, Inc. (HCA)?
The 5Y average gross margin for HCA stock is 47.00%.
What is the 10Y average gross margin for HCA Healthcare, Inc. (HCA)?
The 10Y average gross margin for HCA stock is 63.52%.
What is the 15Y average gross margin for HCA Healthcare, Inc. (HCA)?
The 15Y average gross margin for HCA stock is 68.60%.
What is the 20Y average gross margin for HCA Healthcare, Inc. (HCA)?
The 20Y average gross margin for HCA stock is 82.29%.

HCA Healthcare, Inc. Gross Margin History

DATEGROSS MARGIN
2025-12-3141.50%
2024-12-3140.62%
2023-12-3139.37%
2022-12-3138.48%
2021-12-3138.28%
2020-12-3183.76%
2019-12-3183.48%
2018-12-3183.45%
2017-12-3183.23%
2016-12-3183.29%
2015-12-3183.27%
2014-12-3183.04%
2013-12-3182.53%
2012-12-3182.68%
2011-12-3175.38%
2010-12-3175.20%
2009-12-3183.80%
2008-12-3183.72%
2007-12-3183.64%
2006-12-3183.04%
2005-12-3183.13%
2004-12-3183.40%
2003-12-310.00%
2002-12-310.00%
2001-12-310.00%
2000-12-310.00%
1999-12-310.00%
1998-12-310.00%
1997-12-310.00%
1996-12-3156.49%

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.

Nashville, TN
320,000 employees
Healthcare / Medical - Care Facilities
Sector
Healthcare
Industry
Medical - Care Facilities
CEO
Samuel N. Hazen