Other

Cost To Charges Ratio

HCA Healthcare Cost To Charges Ratio decreased by 8.0% to 9.2% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.2%, from 9.6% to 9.2%. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026Apr 29, 2026

How to read this metric

A lower ratio may indicate higher markups or improved cost management, while a higher ratio suggests rising costs relative to billing rates.

Detailed definition

This ratio measures the relationship between the actual cost of providing services and the gross charges billed to patie...

Peer comparison

Standard metric used in hospital accounting to translate charges into cost equivalents.

Metric ID: other_cost_to_charges_ratio

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value11.1%11.8%11.3%11%11.2%10.4%10.5%10.9%10.1%10.1%10.3%9.6%9.7%10%9.2%
QoQ Change+6.3%-4.2%-2.7%+1.8%-7.1%+1.0%+3.8%-7.3%+0.0%+2.0%-6.8%+1.0%+3.1%-8.0%
YoY Change-0.9%-5.1%-8.0%-4.5%-2.7%-2.9%-3.8%-5.5%-5.0%-4.0%-2.9%-4.2%
Range9.2%11.8%
CAGR-5.2%
Avg YoY Growth-4.1%
Median YoY Growth-4.1%

Frequently Asked Questions

What is HCA Healthcare's cost to charges ratio?
HCA Healthcare (HCA) reported cost to charges ratio of 9.2% in Q1 2026.
How has HCA Healthcare's cost to charges ratio changed year-over-year?
HCA Healthcare's cost to charges ratio decreased by 4.2% year-over-year, from 9.6% to 9.2%.
What does cost to charges ratio mean?
The percentage of gross patient charges that represents the actual cost of care.