TTM
20.5%
YoY change
+0.96pp
Trough year (1991)
9.2%
Peak year (2000)
105.5%
Latest annual
20.6%
EBITDA Margin history chart for HCA Healthcare (HCA) from 1990 to 2025
Latest: 20.6%
EBITDA Margin change chart for HCA Healthcare (HCA) from 1990 to 2025
Latest: +0.96pp
EBITDA Margin history table for HCA Healthcare (HCA) from 1990 to 2025
| 2025 | 20.6% | +0.96pp | ||
| 2024 | 19.7% | +0.10pp | ||
| 2023 | 19.6% | -2.48pp | ||
| 2022 | 22.1% | -2.19pp | ||
| 2021 | 24.3% | +5.37pp | ||
| 2020 | 18.9% | +0.07pp | ||
| 2019 | 18.8% | -1.24pp | ||
| 2018 | 20.1% | +1.26pp | ||
| 2017 | 18.8% | -1.64pp | ||
| 2016 | 20.4% | +1.48pp | ||
| 2015 | 19.0% | -0.11pp | ||
| 2014 | 19.1% | -0.07pp | ||
| 2013 | 19.2% | -0.15pp | ||
| 2012 | 19.3% | -2.43pp | ||
| 2011 | 21.7% | +2.99pp | ||
| 2010 | 18.7% | +0.72pp | ||
| 2009 | 18.0% | +1.78pp | ||
| 2008 | 16.2% | -1.75pp | ||
| 2007 | 18.0% | +2.26pp | ||
| 2006 | 15.7% | -1.35pp | ||
| 2005 | 17.1% | +0.98pp | ||
| 2004 | 16.1% | -2.41pp | ||
| 2003 | 18.5% | +2.92pp | ||
| 2002 | 15.6% | -2.72pp | ||
| 2001 | 18.3% | -87.17pp | ||
| 2000 | 105.5% | +0.25pp | ||
| 1999 | 105.2% | +5.25pp | ||
| 1998 | 100.0% | +84.85pp | ||
| 1997 | 15.1% | -5.15pp | ||
| 1996 | 20.3% | -0.16pp | ||
| 1995 | 20.5% | +1.44pp | ||
| 1994 | 19.0% | -0.33pp | ||
| 1993 | 19.3% | +8.96pp | ||
| 1992 | 10.4% | +1.21pp | ||
| 1991 | 9.2% | -1.50pp | ||
| 1990 | 10.7% | — |
- 202520.6%+0.96pp
- 202419.7%+0.10pp
- 202319.6%-2.48pp
- 202222.1%-2.19pp
- 202124.3%+5.37pp
- 202018.9%+0.07pp
- 201918.8%-1.24pp
- 201820.1%+1.26pp
- 201718.8%-1.64pp
- 201620.4%+1.48pp
- 201519.0%-0.11pp
- 201419.1%-0.07pp
- 201319.2%-0.15pp
- 201219.3%-2.43pp
- 201121.7%+2.99pp
- 201018.7%+0.72pp
- 200918.0%+1.78pp
- 200816.2%-1.75pp
- 200718.0%+2.26pp
- 200615.7%-1.35pp
- 200517.1%+0.98pp
- 200416.1%-2.41pp
- 200318.5%+2.92pp
- 200215.6%-2.72pp
- 200118.3%-87.17pp
- 2000105.5%+0.25pp
- 1999105.2%+5.25pp
- 1998100.0%+84.85pp
- 199715.1%-5.15pp
- 199620.3%-0.16pp
- 199520.5%+1.44pp
- 199419.0%-0.33pp
- 199319.3%+8.96pp
- 199210.4%+1.21pp
- 19919.2%-1.50pp
- 199010.7%—
EBITDA Margin values are taken from HCA Healthcare's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA Margin at HCA Healthcare (HCA)
According to HCA Healthcare's latest reported financial statements, the company's latest reported EBITDA margin is 20.5%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, HCA Healthcare (HCA) EBITDA margin totalled 20.64% – expanded 1.0 percentage points year-over-year.
105.49% stands as the all-time-high annual EBITDA margin, posted in 2000, against a low of 9.18% during 1991.
HCA Healthcare EBITDA Margin by Year
HCA Healthcare EBITDA Margin 2025: 20.6%
HCA Healthcare EBITDA margin in 2025 was 20.64%, expanded 1.0 percentage points from 2024.
HCA Healthcare EBITDA Margin 2024: 19.7%
2024's EBITDA margin for HCA Healthcare came in at 19.68%, expanded 0.1 percentage points from 2023.
HCA Healthcare EBITDA Margin 2023: 19.6%
HCA Healthcare posted EBITDA margin of 19.58% in 2023, contracted 2.5 percentage points from 2022.
HCA Healthcare EBITDA Margin 2022: 22.1%
In 2022, HCA Healthcare reported EBITDA margin of 22.06%, contracted 2.2 percentage points from 2021.
HCA Healthcare EBITDA Margin 2021: 24.3%
HCA Healthcare EBITDA margin in 2021 was 24.26%.
See more financial history for HCA Healthcare (HCA).
Sector peers by EBITDA Margin
Healthcare peers of HCA Healthcare (HCA), ranked by their latest EBITDA margin
| 55.4% | |
| 46.6% | |
| 45.9% | |
| 34.6% | |
| 33.9% | |
| 30.3% | |
| 26.9% | |
| 5.1% |
- 55.4%
- 46.6%
- 45.9%
- 34.6%
- 33.9%
- 26.9%
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