Tenet Healthcare
THC
$69.26
Share price
2.26%
Change (1 day)
5.03%
Change (1 year)
Categories
Operating Margin for Tenet Healthcare (THC)
Operating Margin as of September 2023 (TTM): 7.00%
According to Tenet Healthcare's latest financial reports and stock price the company's current Operating Margin is 7.00%. At the end of 2022 the company had an Operating Margin of 7.01%.
Operating Margin history for Tenet Healthcare from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.01% | -27.66% |
| 2021 | 9.69% | 154.73% |
| 2020 | 3.80% | 137.47% |
| 2019 | 1.60% | -54.09% |
| 2018 | 3.49% | -762.59% |
| 2017 | -0.53% | -141.66% |
| 2016 | 1.26% | 63.56% |
| 2015 | 0.77% | -12.65% |
| 2014 | 0.88% | -162.17% |
| 2013 | -1.42% | -138.86% |
| 2012 | 3.66% | 101.42% |
| 2011 | 1.82% | 5.94% |
| 2010 | 1.72% | -24.53% |
| 2009 | 2.27% | 432.48% |
| 2008 | 0.43% | -135.33% |
| 2007 | -1.21% | -90.72% |
| 2006 | -13.02% | 76.82% |
| 2005 | -7.36% | -54.71% |
| 2004 | -16.26% | 16.7% |
| 2003 | -13.93% | -210.09% |
| 2002 | 12.66% | 33.59% |
| 2001 | 9.47% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 DaVita DVA | 7.36% | 5.14% | 🇺🇸 USA |
 HCA Healthcare HCA | 14.24% | 103.43% | 🇺🇸 USA |
 Universal Health Services
UHS | 6.46% | -7.71% | 🇺🇸 USA |
 Community Health Systems
CYH | 4.03% | -42.43% | 🇺🇸 USA |
 Select Medical Holdings SEM | 8.05% | 15.00% | 🇺🇸 USA |
 Pediatrix Medical Group MD | 7.07% | 1.00% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.