Tenet Healthcare Corporation (THC)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,338,000 | 3,238,000 | 2,717,000 | 2,650,000 | 2,496,000 | 2,311,000 | 2,339,000 | 2,288,000 | 2,333,000 | 2,548,000 | 2,966,000 | 2,999,000 | 2,871,000 | 3,040,000 | 2,297,000 | 2,182,000 | 1,989,000 | 1,529,000 | 1,552,000 | 1,469,000 |
| Revenue (ttm) | US$ in thousands | 20,665,000 | 20,972,000 | 20,916,000 | 20,895,000 | 20,548,000 | 20,159,000 | 19,894,000 | 19,450,000 | 19,174,000 | 19,040,000 | 19,133,000 | 19,449,000 | 19,485,000 | 19,544,000 | 19,207,000 | 17,901,000 | 17,640,000 | 17,531,000 | 17,542,000 | 18,454,000 |
| Operating profit margin | 16.15% | 15.44% | 12.99% | 12.68% | 12.15% | 11.46% | 11.76% | 11.76% | 12.17% | 13.38% | 15.50% | 15.42% | 14.73% | 15.55% | 11.96% | 12.19% | 11.28% | 8.72% | 8.85% | 7.96% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,338,000K ÷ $20,665,000K
= 16.15%
Tenet Healthcare Corporation's operating profit margin has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 7.96% in March 2020 and gradually increased to reach 16.15% by December 2024. There were fluctuations in between, with some quarters showing an increase and others experiencing a slight decrease.
The operating profit margin reached its lowest point of 7.96% in March 2020 but steadily climbed, with notable increases in March 2021 (12.19%) and June 2022 (15.50%). The highest operating profit margin was recorded in December 2024 at 16.15%.
Overall, Tenet Healthcare Corporation has shown an improving trend in its operating profit margin over the period, indicating better cost management and revenue generation efficiency. However, it is essential to continue monitoring and analyzing this metric to ensure sustained profitability and financial performance.
Peer comparison
Dec 31, 2024