SuperworthTenet Healthcare profit margin THC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 10.3%
- Operating margin, 12 months
- 20.8%
- Net margin on a year earlier
- +3.1 pts
- Peer median
- 7.7%
Over the twelve months to Jun 30, 2026, Tenet Healthcare kept 10.3% of its revenue as net profit, with an operating margin of 20.8%.
Five years earlier its net margin was 2.3%.
The median for 10 hospital and care facility stocks of a similar size is 7.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 6.6% | 16.5% |
| FY2024 | 15.5% | 28.8% |
| FY2023 | 3.0% | 12.2% |
| FY2022 | 2.1% | 12.2% |
| FY2021 | 4.7% | 14.7% |
| FY2020 | 2.3% | 11.3% |
| FY2019 | −1.2% | 8.3% |
| FY2018 | n/a | n/a |
| FY2017 | −3.4% | 5.4% |
| FY2016 | −0.9% | 5.9% |
| FY2015 | −0.7% | 5.3% |
| FY2014 | 0.4% | 5.2% |
| FY2013 | −1.0% | 6.2% |
| FY2012 | 1.5% | 8.6% |
| FY2011 | 1.2% | 8.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 10.3% | +3.1 pts | 20.8% | |
| Q1 FY26 | 7.9% | +0.9 pts | 18.0% | |
| Q4 FY25 | 6.6% | −8.9 pts | 16.5% | |
| Q3 FY25 | 6.5% | −8.4 pts | 16.7% | |
| Q2 FY25 | 7.2% | −6.0 pts | 17.8% | |
| Q1 FY25 | 7.1% | −5.4 pts | 17.6% | |
| Q4 FY24 | 15.5% | +12.5 pts | 28.8% | |
| Q3 FY24 | 14.9% | +12.6 pts | 28.0% | |
| Q2 FY24 | 13.2% | +10.7 pts | 25.6% | |
| Q1 FY24 | 12.5% | +10.4 pts | 24.8% | |
| Q4 FY23 | 3.0% | +0.8 pts | 12.2% | |
| Q3 FY23 | 2.3% | −0.6 pts | 11.5% |
Against its peers
Companies in Medical - Care Facilities nearest Tenet Healthcare's size, closest first, today.
| Company | Profit margin |
|---|---|
| THCTenet Healthcare | 10.3% |
| EHCEncompass Health | 10.0% |
| BTSGBrightSpring Health Services | 2.5% |
| DVADavita | 6.0% |
| UHSUniversal Health Services | 8.4% |
| ENSGEnsign | 6.9% |
| PACSPACS | 4.8% |
| CHEChemed | 10.6% |
| SHCSotera Health | 13.4% |
| CONConcentra Group Holdings Parent | 8.7% |
| LFSTLifeStance Health | 3.2% |
| Peer median | 7.7% |
Where Tenet Healthcare ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Tenet Healthcare
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.