Tenet Healthcare
THC
#1175
Rank
NZ$25.58 B
Marketcap
$266.96
Share price
-1.22%
Change (1 day)
127.57%
Change (1 year)

Operating Margin for Tenet Healthcare (THC)

Operating Margin as of September 2024 (TTM): 7.86%

According to Tenet Healthcare's latest financial reports and stock price the company's current Operating Margin is 7.86%. At the end of 2023 the company had an Operating Margin of 7.87%.

Operating Margin history for Tenet Healthcare from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.87%12.27%
20227.01%-27.66%
20219.69%154.73%
20203.80%119.66%
20191.73%-49.58%
20183.43%-752.22%
2017-0.53%-141.66%
20161.26%63.56%
20150.77%-12.72%
20140.89%-162.13%
2013-1.43%-138.91%
20123.66%93.27%
20111.90%-0.87%
20101.91%-15.94%
20092.27%261.56%
20080.63%-152.96%
2007-1.19%-90.68%
2006-12.74%194.67%
2005-4.32%-75.68%
2004-17.78%28.21%
2003-13.87%-209.56%
200212.66%33.59%
20019.47%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
1.65%-79.01%๐Ÿ‡บ๐Ÿ‡ธ USA
6.58%-16.28%๐Ÿ‡บ๐Ÿ‡ธ USA
11.86% 50.89%๐Ÿ‡บ๐Ÿ‡ธ USA
9.01% 14.63%๐Ÿ‡บ๐Ÿ‡ธ USA
11.26% 43.26%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.42%-130.79%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.