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
DateValue
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%