Tenet Healthcare (THC) Gross Margin (2009 - 2026)

Tenet Healthcare has disclosed Gross Margin across 18 years of filings, most recently posting 82.1% for Q1 2026.

• Gross Margin for Q1 2026 came in at 82.1%, up 297.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 81.25% (up 392.0% YoY), and the FY2025 annual result was 82.26%, up 399.0% from the prior year.
• Gross Margin came in at 82.1% for Q1 2026 at Tenet Healthcare, roughly flat from 81.73% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 82.98% in Q3 2022 to a low of 65.01% in Q4 2024.
• The 5-year median for Gross Margin is 82.1% (2026), against an average of 80.2%.
• Across the five-year window, Gross Margin sank 1773 bps in 2024 and surged 1672 bps in 2025, its largest moves.
• Tenet Healthcare's Gross Margin stood at 79.32% in 2022, then increased by 4 bps to 82.74% in 2023, then retreated by 21 bps to 65.01% in 2024, then grew by 26 bps to 81.73% in 2025, then rose by 0 bps to 82.1% in 2026.
• The last three Gross Margin figures came in at 82.1% (Q1 2026), 81.73% (Q4 2025), and 78.84% (Q3 2025), per Business Quant data.