Tenet Healthcare
THC
#1706
Rank
$9.03 B
Marketcap
$91.08
Share price
-5.12%
Change (1 day)
37.29%
Change (1 year)

Operating Margin for Tenet Healthcare (THC)

Operating Margin as of April 2024 (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
20227.01%-27.66%
20219.69%154.73%
20203.80%137.47%
20191.60%-54.09%
20183.49%-762.59%
2017-0.53%-141.66%
20161.26%63.56%
20150.77%-12.65%
20140.88%-162.17%
2013-1.42%-138.86%
20123.66%101.42%
20111.82%5.94%
20101.72%-24.53%
20092.27%432.48%
20080.43%-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%
200212.66%33.59%
20019.47%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
7.36% 5.14%๐Ÿ‡บ๐Ÿ‡ธ USA
14.24% 103.43%๐Ÿ‡บ๐Ÿ‡ธ USA
6.46%-7.71%๐Ÿ‡บ๐Ÿ‡ธ USA
4.03%-42.43%๐Ÿ‡บ๐Ÿ‡ธ USA
8.05% 15.00%๐Ÿ‡บ๐Ÿ‡ธ USA
7.07% 1.00%๐Ÿ‡บ๐Ÿ‡ธ 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.