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

Tenet Healthcare (THC) posted Tax Rate of 19.96% for Q1 2026, up 267.46% sequentially from 5.43% in Q4 2025, and up 127.0% YoY from 8.8% in Q1 2025.

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

Tenet Healthcare (THC) has 18 years of Tax Rate data on file, last reported at 19.96% in Q1 2026.

  • Quarterly Tax Rate rose 127.0% year-over-year to 19.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.29% (down 341.0% YoY) and the FY2025 annual result came in at 15.46%, down 710.0% from the prior year.
  • Tax Rate climbed to 19.96% in Q1 2026 per THC's latest filing, from 5.43% in the prior quarter.
  • The five-year high for Tax Rate was 32.45% in Q2 2022, with the low at 5.43% in Q4 2025.
  • Average Tax Rate over 5 years is 20.27%, with a median of 19.96% recorded in 2026.
  • Year-over-year, Tax Rate surged 1333 bps in 2022 and slumped 1101 bps in 2023.
  • Tenet Healthcare's Tax Rate stood at 14.6% in 2022, then fell by 17 bps to 12.14% in 2023, then grew by 4 bps to 12.67% in 2024, then sank by 57 bps to 5.43% in 2025, then surged by 267 bps to 19.96% in 2026.
  • Business Quant data shows THC's Tax Rate at 19.96% in Q1 2026, 5.43% in Q4 2025, and 18.68% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 18.80%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 25.37%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 19.96%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 19.40%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 19.54%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 22.41%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 23.54%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 29.07%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 1.00%
10 Brookdale Senior Living 3.76 Bn 3.50 Bn 727.83 Mn 5.85%

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