Tenet Healthcare (THC) EBT Margin (2009 - 2026)
Tenet Healthcare (THC) posted EBT Margin of 23.81% for Q2 2026, up 12.91% sequentially from 21.09% in Q1 2026, and up 1163.0% YoY from 1.89% in Q2 2025.
Tenet Healthcare (THC) EBT Margin (2009 - 2026) Analysis & Trends
Tenet Healthcare has reported EBT Margin for 18 years, with the latest figure at 23.81% in Q2 2026.
- Quarterly EBT Margin rose 1163.0% year-over-year to 23.81% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 17.72% (up 330.0% YoY) and the FY2025 annual result came in at 13.14%, down 1224.0% from the prior year.
- EBT Margin advanced to 23.81% in Q2 2026 per THC's latest filing, from 21.09% in the prior quarter.
- Over five years, EBT Margin peaked at 57.45% in Q1 2024 and troughed at 5.71% in Q2 2022.
- A 5-year average of 14.26% and a median of 11.84% in 2024 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2024 and 2025: EBT Margin soared 4988 bps in 2024, then slumped 4280 bps in 2025.
- Over 5 years, EBT Margin stood at 6.45% in 2022, then soared by 49 bps to 9.62% in 2023, then surged by 34 bps to 12.91% in 2024, then fell by 5 bps to 12.32% in 2025, then jumped by 93 bps to 23.81% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 23.81%, 21.09%, and 12.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 12.33% |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 23.81% |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 16.38% |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 12.24% |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 9.28% |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 10.33% |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 7.41% |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 13.57% |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 14.74% |
| 10 | Option Care Health | 3.59 Bn | 3.39 Bn | 267.25 Mn | 5.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.81% |
| Mar 31, 2026 | 21.09% |
| Dec 31, 2025 | 12.32% |
| Sep 30, 2025 | 13.46% |
| Jun 30, 2025 | 12.18% |
| Mar 31, 2025 | 14.65% |
| Dec 31, 2024 | 12.91% |
| Sep 30, 2024 | 17.99% |
| Jun 30, 2024 | 11.49% |
| Mar 31, 2024 | 57.45% |
| Dec 31, 2023 | 9.62% |
| Sep 30, 2023 | 6.81% |
| Jun 30, 2023 | 7.34% |
| Mar 31, 2023 | 7.57% |
| Dec 31, 2022 | 6.45% |
| Sep 30, 2022 | 7.92% |
| Jun 30, 2022 | 5.71% |
| Mar 31, 2022 | 7.97% |
| Dec 31, 2021 | 10.87% |
| Sep 30, 2021 | 15.82% |