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| 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 |