• HCA Healthcare average gross margin for 2023 was 84.55%, a 0.37% increase from 2022.
• HCA Healthcare average gross margin for 2022 was 84.24%, a 0.51% increase from 2021.
• HCA Healthcare average gross margin for 2021 was 83.81%, a 0.18% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.