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Net margin at other companies

HCA Healthcare logo
HCA HealthcareHCA
8.9%+0.8pp
STERIS logo
STERISSTE
13.2%+1.9pp
Cencora logo
CencoraCOR
0.6%-0.1pp
Humana logo
HumanaHUM
3%-0.1pp
CVS Health logo
CVS HealthCVS
0.7%-0.7pp
GE HealthCare Technologies logo
GE HealthCare TechnologiesGEHC
9.1%-1.9pp

Other financials

Income statement

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Revenue$5.4B+2.8%
Operating income$1.3B+37.4%
Net income$906.0M+45.7%
EPS (diluted)$8.01+87.6%

Balance sheet

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Cash & equivalents$3.0B-1.1%
Total debt$13.3B+0.2%
Total equity$4.8B+15.1%
Total assets$31.2B+6.7%

Cash flow

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Operating cash flow$1.6B+101%
CapEx$180.0M+4.0%
Free cash flow$1.5B+128%

Valuation

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Market cap$14.86B
Enterprise value$25.19B
P/E5.6×
P/S0.7×

Profitability

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Operating margin18%+0.4pp
FCF margin15.6%

Returns & leverage

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Return on equity58.9%-2.7pp
Debt / equity2.8×-0.4×
Current ratio1.4×-0.4×

Where this comes from

Calculated from Tenet Healthcare’s reported figures.

Based on trailing twelve months.

The official record: Tenet Healthcare’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tenet Healthcare's net margin?
Tenet Healthcare (THC) reported net margin of 12.4% in Q1 2026.
How has Tenet Healthcare's net margin changed year-over-year?
Tenet Healthcare's net margin increased by 7.9% year-over-year, from 11.5% to 12.4%.
What is the long-term trend for Tenet Healthcare's net margin?
Over 5 years (2020 to 2025), Tenet Healthcare's net margin has grown at a 20.6% compound annual growth rate (CAGR), from 4.4% to 11.1%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.