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.

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.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	HCA Healthcare	89.67 Bn	88.65 Bn	15.19 Bn	22.61%
2	Tenet Healthcare	22.35 Bn	20.18 Bn	4.45 Bn	22.01%
3	Encompass Health	12.23 Bn	12.10 Bn	1.34 Bn	20.49%
4	Davita	11.77 Bn	11.08 Bn	1.16 Bn	21.10%
5	Ensign	10.52 Bn	10.20 Bn	306.24 Mn	25.32%
6	Universal Health Services	10.17 Bn	10.03 Bn	3.29 Bn	23.91%
7	Pacs	7.05 Bn	6.89 Bn	338.46 Mn	27.86%
8	Chemed	7.05 Bn	7.01 Bn	221.47 Mn	25.87%
9	Fresenius Medical Care AG	6.38 Bn	4.69 Bn	1.52 Bn	23.45%
10	Concentra Group Holdings Parent	4.41 Bn	4.26 Bn	192.10 Mn	24.68%

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