Filing Flows › Tenet Healthcare (THC) › Operating margin
Tenet Healthcare (THC) operating margin by quarter
Tenet Healthcare's operating margin was 31.1% in Q3 2026 (third quarter 2026), +4.4 pts from Q2 2026. Over the last 7 quarters it ranged from 15.4% (Q4 2025) to 31.1% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 31.1% | +4.4 pts | +14.3 pts |
| Q2 2026 | 26.7% | +2.5 pts | +11.1 pts |
| Q1 2026 | 24.1% | +8.7 pts | +6.1 pts |
| Q4 2025 | 15.4% | -1.4 pts | — |
| Q3 2025 | 16.8% | +1.2 pts | — |
| Q2 2025 | 15.6% | -2.4 pts | — |
| Q1 2025 | 18.1% | — | — |
Q3 2026 at a glance
Tenet Healthcare, Q3 2026: revenue $5.6B (+6% year over year), operating margin 31.1%, net earnings $1.0B, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
Questions
What is Tenet Healthcare's operating margin?
Tenet Healthcare's operating margin was 31.1% in Q3 2026 (third quarter 2026), +4.4 pts from Q2 2026.
How has Tenet Healthcare's operating margin changed?
Over the last 7 quarters it ranged from 15.4% (Q4 2025) to 31.1% (Q3 2026).