Tenet Healthcare Corporation (THC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 5,956,000 | 2,510,000 | 2,333,000 | 2,871,000 | 1,989,000 |
| Revenue | US$ in thousands | 20,665,000 | 20,548,000 | 19,174,000 | 19,485,000 | 17,640,000 |
| Operating profit margin | 28.82% | 12.22% | 12.17% | 14.73% | 11.28% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $5,956,000K ÷ $20,665,000K
= 28.82%
Tenet Healthcare Corporation's operating profit margin has shown variability over the years, as reflected in the financial data provided. The operating profit margin increased from 11.28% as of December 31, 2020, to 14.73% as of December 31, 2021, indicating improved operational efficiency and profitability during this period.
However, in the following years, there was a slight decline in the operating profit margin, dropping to 12.17% as of December 31, 2022, and then further to 12.22% as of December 31, 2023. This fluctuation suggests potential challenges or changes in the company's performance or cost structure during these years.
Notably, there was a significant surge in the operating profit margin to 28.82% as of December 31, 2024. Such a sharp increase could be indicative of enhanced revenue generation, cost management initiatives, or other strategic actions that have positively impacted the company's profitability in that particular year.
Overall, the varying trends in Tenet Healthcare Corporation's operating profit margin highlight the importance of closely monitoring financial performance indicators to assess the company's operational efficiency and financial health over time.
Peer comparison
Dec 31, 2024