Filing Flows › HCA Healthcare (HCA) › Operating margin
HCA Healthcare (HCA) operating margin by quarter
HCA Healthcare's operating margin was 11.9% in Q3 2026 (third quarter 2026), -0.4 pts from Q2 2026. Over the last 7 quarters it ranged from 11.9% (Q3 2026) to 13.7% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 11.9% | -0.4 pts | -0.7 pts |
| Q2 2026 | 12.3% | +0.4 pts | -0.7 pts |
| Q1 2026 | 12.0% | -1.7 pts | -0.7 pts |
| Q4 2025 | 13.7% | +1.1 pts | — |
| Q3 2025 | 12.6% | -0.4 pts | — |
| Q2 2025 | 13.0% | +0.3 pts | — |
| Q1 2025 | 12.7% | — | — |
Q3 2026 at a glance
HCA Healthcare, Q3 2026: revenue $19.8B (+4% year over year), operating margin 11.9%, net earnings $1.6B, operating cash flow $4.5B. The chart follows the revenue to costs, profit and cash.
Questions
What is HCA Healthcare's operating margin?
HCA Healthcare's operating margin was 11.9% in Q3 2026 (third quarter 2026), -0.4 pts from Q2 2026.
How has HCA Healthcare's operating margin changed?
Over the last 7 quarters it ranged from 11.9% (Q3 2026) to 13.7% (Q4 2025).