Tenet Healthcare (THC) EBT Margin (2009 - 2026)
Tenet Healthcare recorded quarterly EBT Margin of 21.09% in Q1 2026, up 71.15% quarter-over-quarter from 12.32% in Q4 2025, and up 644.0% year-over-year from 2.83% in Q1 2025.
Tenet Healthcare's EBT Margin history runs 18 years deep, the most recent figure standing at 21.09% for Q1 2026.
- In Q1 2026, EBT Margin rose 644.0% year-over-year to 21.09%; the TTM figure through Mar 2026 stood at 14.76% (up 49.0% YoY), while the FY2025 annual figure was 13.14%, down 1224.0% from the prior year.
- EBT Margin came in at 21.09% for Q1 2026 at Tenet Healthcare, up from 12.32% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 57.45% in Q1 2024 to a low of 5.71% in Q2 2022.
- A 5-year average of 13.7% and a median of 11.49% in 2024 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin surged 4988 bps in 2024 and sank 4280 bps in 2025, its largest moves.
- Tenet Healthcare's EBT Margin stood at 6.45% in 2022, then surged by 49 bps to 9.62% in 2023, then jumped by 34 bps to 12.91% in 2024, then declined by 5 bps to 12.32% in 2025, then surged by 71 bps to 21.09% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 21.09%, 12.32%, and 13.46% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 11.97% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 21.09% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 9.99% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 18.20% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 9.26% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 10.44% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.00% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 13.51% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 8.01% |
| 10 | Option Care Health | 3.27 Bn | 3.09 Bn | 262.01 Mn | 4.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 6.44% |
| Mar 31, 2021 | 5.58% |
| Dec 31, 2020 | 13.75% |
| Sep 30, 2020 | -6.67% |
| Jun 30, 2020 | 5.87% |
| Mar 31, 2020 | 1.88% |
| Dec 31, 2019 | 4.35% |
| Sep 30, 2019 | -2.74% |
| Jun 30, 2019 | 3.33% |
| Mar 31, 2019 | 1.85% |
| Dec 31, 2018 | 3.20% |
| Sep 30, 2018 | 1.58% |
| Jun 30, 2018 | 3.33% |
| Mar 31, 2018 | 5.53% |
| Dec 31, 2017 | 4.50% |
| Sep 30, 2017 | -7.59% |
| Jun 30, 2017 | 0.40% |
| Mar 31, 2017 | 0.08% |
| Dec 31, 2016 | 0.46% |
| Sep 30, 2016 | 1.84% |
| Jun 30, 2016 | 0.51% |
| Mar 31, 2016 | 1.94% |
| Dec 31, 2015 | 1.03% |
| Sep 30, 2015 | 0.79% |
| Jun 30, 2015 | -1.11% |
| Mar 31, 2015 | 2.06% |
| Dec 31, 2014 | 2.44% |
| Sep 30, 2014 | 0.02% |
| Jun 30, 2014 | 0.39% |
| Mar 31, 2014 | -0.28% |
| Dec 31, 2013 | -0.31% |
| Sep 30, 2013 | 2.18% |
| Jun 30, 2013 | -2.73% |
| Mar 31, 2013 | -5.61% |
| Dec 31, 2012 | 3.11% |
| Sep 30, 2012 | 2.30% |
| Jun 30, 2012 | 3.44% |
| Mar 31, 2012 | 4.69% |
| Dec 31, 2011 | -2.85% |
| Sep 30, 2011 | 1.00% |
| Jun 30, 2011 | 3.19% |
| Mar 31, 2011 | 6.18% |
| Dec 31, 2010 | 4.56% |
| Sep 30, 2010 | -2.74% |
| Jun 30, 2010 | 2.82% |
| Mar 31, 2010 | 3.98% |
| Dec 31, 2009 | -0.70% |
| Sep 30, 2009 | 0.31% |
| Jun 30, 2009 | 0.31% |