Tenet Healthcare (THC) Tax Rate (2009 - 2026)
Tenet Healthcare's (THC) quarterly Tax Rate came in at 19.96% in Q1 2026, up 127.0% year-on-year from 8.8% in Q1 2025, and up 267.46% quarter-over-quarter from 5.43% in Q4 2025.
Tenet Healthcare (THC) Tax Rate (2009 - 2026) Analysis & Trends
Tenet Healthcare has disclosed Tax Rate across 18 years of filings, most recently posting 19.96% for Q1 2026.
- Tax Rate for Q1 2026 came in at 19.96%, up 127.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.29% (down 341.0% YoY), and the FY2025 annual result was 15.46%, down 710.0% from the prior year.
- Tax Rate came in at 19.96% for Q1 2026 at Tenet Healthcare, up from 5.43% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 32.45% in Q2 2022 to a low of 5.43% in Q4 2025.
- The 5-year median for Tax Rate is 19.96% (2026), against an average of 20.27%.
- Across the five-year window, Tax Rate jumped 1333 bps in 2022 and plunged 1101 bps in 2023, its largest moves.
- Tenet Healthcare's Tax Rate stood at 14.6% in 2022, then slipped by 17 bps to 12.14% in 2023, then gained by 4 bps to 12.67% in 2024, then plunged by 57 bps to 5.43% in 2025, then surged by 267 bps to 19.96% in 2026.
- The last three Tax Rate figures came in at 19.96% (Q1 2026), 5.43% (Q4 2025), and 18.68% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 18.80 |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 19.96 |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 19.40 |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 19.54 |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 22.41 |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 23.54 |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 88.41 |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 25.37 |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 29.07 |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 24.88 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.96% |
| Mar 31, 2026 | 19.96% |
| Dec 31, 2025 | 5.43% |
| Dec 31, 2025 | 5.43% |
| Sep 30, 2025 | 18.68% |
| Sep 30, 2025 | 18.68% |
| Jun 30, 2025 | 18.69% |
| Jun 30, 2025 | 18.69% |
| Mar 31, 2025 | 18.69% |
| Mar 31, 2025 | 18.69% |
| Dec 31, 2024 | 12.67% |
| Dec 31, 2024 | 12.67% |
| Sep 30, 2024 | 26.14% |
| Sep 30, 2024 | 26.14% |
| Jun 30, 2024 | 18.74% |
| Jun 30, 2024 | 18.74% |
| Mar 31, 2024 | 24.32% |
| Mar 31, 2024 | 24.32% |
| Dec 31, 2023 | 12.14% |
| Dec 31, 2023 | 12.14% |