Tenet Healthcare THC
NYSE THC
$263.46 +4.93 (+1.91%)
As of: Sep 3, 2026 · 3:59 PM EDT

Tenet Healthcare (THC) Tax Rate (2009 - 2026)

Tenet Healthcare (THC) posted Tax Rate of 22.01% for Q2 2026, up 10.27% sequentially from 19.96% in Q1 2026, and up 332.0% YoY from 5.1% in Q2 2025.

Analysis

Tenet Healthcare (THC) Tax Rate (2009 - 2026) Analysis & Trends

Tenet Healthcare has reported Tax Rate for 18 years, with the latest figure at 22.01% in Q2 2026.

  • Quarterly Tax Rate rose 332.0% year-over-year to 22.01% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 17.88% (down 179.0% YoY) and the FY2025 annual result came in at 15.46%, down 710.0% from the prior year.
  • Tax Rate improved to 22.01% in Q2 2026 per THC's latest filing, from 19.96% in the prior quarter.
  • Over five years, Tax Rate peaked at 32.45% in Q2 2022 and troughed at 5.43% in Q4 2025.
  • A 5-year average of 20.37% and a median of 20.71% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate soared 1333 bps in 2022, then plunged 1101 bps in 2023.
  • Over 5 years, Tax Rate stood at 14.6% in 2022, then declined by 17 bps to 12.14% in 2023, then climbed by 4 bps to 12.67% in 2024, then plunged by 57 bps to 5.43% in 2025, then jumped by 305 bps to 22.01% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 22.01%, 19.96%, and 5.43% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 HCA Healthcare 90.36 Bn 89.35 Bn 15.19 Bn 22.61%
2 Tenet Healthcare 22.02 Bn 19.85 Bn 4.45 Bn 22.01%
3 Encompass Health 12.13 Bn 11.99 Bn 1.34 Bn 20.49%
4 Davita 11.78 Bn 11.09 Bn 1.16 Bn 21.10%
5 Universal Health Services 10.09 Bn 9.95 Bn 3.29 Bn 23.91%
6 Ensign 9.97 Bn 9.65 Bn 306.24 Mn 25.32%
7 Chemed 6.93 Bn 6.89 Bn 221.47 Mn 25.87%
8 Pacs 6.81 Bn 6.64 Bn 338.46 Mn 27.86%
9 Concentra Group Holdings Parent 4.32 Bn 4.16 Bn 192.10 Mn 24.68%
10 Option Care Health 3.74 Bn 3.55 Bn 267.25 Mn 27.17%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.01%
Mar 31, 2026 19.96%
Dec 31, 2025 5.43%
Sep 30, 2025 18.68%
Jun 30, 2025 18.69%
Mar 31, 2025 18.69%
Dec 31, 2024 12.67%
Sep 30, 2024 26.14%
Jun 30, 2024 18.74%
Mar 31, 2024 24.32%
Dec 31, 2023 12.14%
Sep 30, 2023 22.90%
Jun 30, 2023 21.45%
Mar 31, 2023 22.11%
Dec 31, 2022 14.60%
Sep 30, 2022 29.47%
Jun 30, 2022 32.45%
Mar 31, 2022 26.19%
Dec 31, 2021 20.45%
Sep 30, 2021 25.45%