HCA Healthcare National Group — Labor And Related Expense decreased by 0.3% to $1.96B in Q4 2025 compared to the prior quarter. Over 2 years (FY 2022 to FY 2025), National Group — Labor And Related Expense shows an upward trend with a 6.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue suggests margin compression due to rising labor costs or staffing inefficiencies, while a decrease relative to revenue suggests improved labor productivity.
This metric captures the total costs associated with salaries, wages, benefits, and contract labor for clinical and admi...
Comparable to labor cost ratios and personnel expense metrics reported by other major hospital systems and healthcare service providers.
hca_segment_national_group_labor_and_related_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.74B | $1.74B | $1.74B | $1.74B | $1.80B | $1.80B | $1.80B | $1.80B | $1.87B | $1.90B | $1.96B | $1.92B | $1.97B | $1.96B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +3.4% | +0.0% | +0.0% | +0.0% | +3.9% | +1.5% | +3.3% | -2.0% | +2.7% | -0.3% |
| YoY Change | — | — | — | — | +3.4% | +3.4% | +3.4% | +3.4% | +3.9% | +5.4% | — | +2.7% | +3.8% | — |