What is the current annual gross margin of THC?

As of today, THC annual gross margin is 16.14%

What is 1-year change in THC annual gross margin?

THC annual gross margin is up +14.71% year-over-year

What is 3-year change in THC annual gross margin?

THC annual gross margin is up +36.09% over the past 3 years

How far is THC annual gross margin from its all-time high?

THC annual gross margin is currently -83.44% below its historical high of 97.46% set on May 1, 1980

How does THC annual gross margin rank versus sector peers?

THC annual gross margin is higher than 25.13% of companies in Healthcare sector

When is THC next annual earnings release?

The next annual earnings release for THC is on February 10, 2027

What is the current quarterly gross margin of THC?

As of today, THC quarterly gross margin is 19.07%

What is THC quarterly gross margin most recent change?

THC quarterly gross margin was up +4.84% on September 30, 2026

What is 1-year change in THC quarterly gross margin?

THC quarterly gross margin is up +23.43% year-over-year

How far is THC quarterly gross margin from its all-time high?

THC quarterly gross margin is currently -63.83% below its historical high of 52.73% set on June 30, 2004

How does THC quarterly gross margin rank versus sector peers?

THC quarterly gross margin is higher than 23.83% of companies in Healthcare sector

When is THC next earnings release?

The next earnings release for THC is on February 10, 2027

THC Gross Margin History & Chart Since 1980

Annual Gross Margin

16.14%2.07%+14.71%

December 31, 2025

Summary

Current Value: As of today, THC annual gross margin is 16.14%, up +14.71% on December 31, 2025
Historical Performance: THC annual gross margin is up +36.09% over the past 3 years, up +121.40% over the past 5 years
All-Time High Comparison: THC annual gross margin is currently -83.44% below its historical high of 97.46% set on May 1, 1980
3-Year Low Comparison: THC annual gross margin is +36.66% above its 3-year low of 11.81% reached on December 31, 2023
Sector Comparison: THC annual gross margin is higher than 25.13% of companies in Healthcare sector

Gross Margin Chart

beforeafter

Performance

THC Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	16.14%	+14.7%	+36.1%	+121.4%	+126.4%
Quarterly Gross Margin	Sep 30, 26	19.07%	+23.4%	+67.7%	+53.8%	+385.2%
Price	Nov 6, 26	$283.33	+38.8%	+418.8%	+275.7%	+1357.5%
PE Ratio	Nov 6, 26	8.22	-41.3%	-33.0%	+8.7%	-30.6%
Annual Revenue	Dec 31, 25	$21.31B	+3.1%	+11.1%	+20.8%	+131.5%
Annual Gross Profit	Dec 31, 25	$3.44B	+18.3%	+51.2%	+167.4%	+424.2%
Annual Operating Margin	Dec 31, 25	16.14%	+14.7%	+39.5%	+126.4%	+126.4%
Annual Net Margin	Dec 31, 25	11.11%	-43.5%	+112.8%	+155.4%	-9.9%

Gross Margin Highs

THC Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	16.14%	Dec 31, 25	at high
5Y	16.14%	Dec 31, 25	at high
All	97.46%	May 1, 80	-83.4%

Gross Margin Lows

THC Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	11.81%	Dec 31, 23	+36.7%
5Y	7.29%	N/A	+121.4%
All	0.00%	May 31, 86	N/A

Gross Margin History

Year	Value	Change
2025	16.14%	+14.7%
2024	14.07%	+19.1%
2023	11.81%	-0.4%
2022	11.86%	+2.3%
2021	11.59%	+59.0%
2020	7.29%	-22.3%
2019	9.38%	+6.5%
2018	8.81%	+22.4%
2017	7.20%	+0.8%
2016	7.14%	+1.7%
2015	7.02%	+16.8%
2014	6.01%	-4.8%
2013	6.31%	-21.5%
2012	8.04%	+5.1%
2011	7.65%	+7.3%
2010	7.13%	+7.9%
2009	6.61%	-85.1%
2008	44.34%	+31.4%
2007	33.75%	+236.5%
2006	10.03%	-69.0%
2005	32.34%	+163.8%
2004	12.26%	-27.1%
2003	16.82%	-62.0%

Year	Value	Change
2002	44.25%	-10.7%
2001	49.53%	+2.4%
2000	48.38%	+1.8%
1999	47.51%	-2.0%
1998	48.46%	+0.7%
1997	48.10%	-3.1%
1996	49.62%	+1.7%
1995	48.79%	+361.2%
1994	10.58%	-0.5%
1993	10.63%	-17.0%
1992	12.81%	-14.3%
1991	14.95%	+14.6%
1990	13.04%	+12.5%
1989	11.59%	-3.1%
1988	11.96%	-87.3%
1987	94.27%	>+9,900.0%
1986	0.00%	-100.0%
1985	95.61%	-0.3%
1984	95.93%	-0.3%
1983	96.26%	-0.3%
1982	96.56%	-0.7%
1981	97.20%	-0.3%
1980	97.46%	-

FAQ

What is the current annual gross margin of THC?: As of today, THC annual gross margin is 16.14%
What is 1-year change in THC annual gross margin?: THC annual gross margin is up +14.71% year-over-year
What is 3-year change in THC annual gross margin?: THC annual gross margin is up +36.09% over the past 3 years
How far is THC annual gross margin from its all-time high?: THC annual gross margin is currently -83.44% below its historical high of 97.46% set on May 1, 1980
How does THC annual gross margin rank versus sector peers?: THC annual gross margin is higher than 25.13% of companies in Healthcare sector
When is THC next annual earnings release?: The next annual earnings release for THC is on February 10, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

19.07%0.88%+4.84%

September 30, 2026

Summary

Current Value: As of today, THC quarterly gross margin is 19.07%, up +4.84% on September 30, 2026
Historical Performance: THC quarterly gross margin is up +23.43% year-over-year, up +67.72% over the past 3 years
All-Time High Comparison: THC quarterly gross margin is currently -63.83% below its historical high of 52.73% set on June 30, 2004
3-Year Low Comparison: THC quarterly gross margin is +67.72% above its 3-year low of 11.37% reached on an earlier date
Sector Comparison: THC quarterly gross margin is higher than 23.83% of companies in Healthcare sector

Performance

THC Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	19.07%	+4.8%	+23.4%	+67.7%	+53.8%
Annual Gross Margin	Dec 31, 25	16.14%	–	+14.7%	+36.1%	+121.4%
Price	Nov 6, 26	$283.33	+10.4%	+38.8%	+418.8%	+275.7%
PE Ratio	Nov 6, 26	8.22	-17.0%	-41.3%	-33.0%	+8.7%
Quarterly Revenue	Sep 30, 26	$5.63B	+0.1%	+6.5%	+11.2%	+15.1%
Quarterly Gross Profit	Sep 30, 26	$1.07B	+4.9%	+31.5%	+86.5%	+76.9%
Quarterly Operating Margin	Sep 30, 26	19.07%	+4.8%	+23.4%	+67.7%	+56.1%
Quarterly Net Margin	Sep 30, 26	21.65%	+16.6%	+97.7%	+312.4%	+83.6%

Quarterly Gross Margin Highs

THC Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	19.07%	Sep 30, 26	at high
3Y	19.07%	Sep 30, 26	at high
5Y	19.07%	Sep 30, 26	at high
All	52.73%	Jun 30, 04	-63.8%

Quarterly Gross Margin Lows

THC Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	15.45%	N/A	+23.4%
3Y	11.37%	N/A	+67.7%
5Y	10.63%	Jun 30, 22	+79.4%
All	-13.65%	May 31, 97	+239.7%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	19.07%	+4.8%
Jun 2026	18.19%	+10.7%
Mar 2026	16.43%	+4.5%
Dec 2025	15.72%	+1.7%
Sep 2025	15.45%	-4.4%
Jun 2025	16.16%	-6.3%
Mar 2025	17.25%	+12.6%
Dec 2024	15.32%	+11.1%
Sep 2024	13.79%	+4.9%
Jun 2024	13.15%	-6.7%
Mar 2024	14.10%	+5.2%
Dec 2023	13.40%	+17.9%
Sep 2023	11.37%	-0.5%
Jun 2023	11.43%	+0.4%
Mar 2023	11.39%	-5.1%
Dec 2022	12.00%	+7.2%
Sep 2022	11.19%	+5.3%
Jun 2022	10.63%	-21.8%
Mar 2022	13.59%	+8.2%
Dec 2021	12.56%	+1.3%
Sep 2021	12.40%	+11.3%
Jun 2021	11.14%	+8.7%
Mar 2021	10.25%	-10.3%
Dec 2020	11.43%	+42.7%
Sep 2020	8.01%	+3,740.9%
Jun 2020	-0.22%	-102.8%
Mar 2020	7.99%	-25.5%
Dec 2019	10.72%	+23.4%
Sep 2019	8.69%	-1.1%
Jun 2019	8.79%	+3.5%
Mar 2019	8.49%	-8.6%
Dec 2018	9.29%	+19.6%
Sep 2018	7.77%	-12.9%
Jun 2018	8.92%	-3.5%
Mar 2018	9.24%	-21.0%
Dec 2017	11.69%	+120.6%
Sep 2017	5.30%	-13.7%
Jun 2017	6.14%	+13.7%
Mar 2017	5.40%	-22.9%
Dec 2016	7.00%	+2.2%
Sep 2016	6.85%	-5.0%
Jun 2016	7.21%	-3.5%
Mar 2016	7.47%	+14.4%
Dec 2015	6.53%	-11.4%
Sep 2015	7.37%	+2.8%
Jun 2015	7.17%	+0.4%
Mar 2015	7.14%	-14.7%
Dec 2014	8.37%	+41.6%
Sep 2014	5.91%	+23.9%
Jun 2014	4.77%	+1.3%
Mar 2014	4.71%	-10.8%
Dec 2013	5.28%	-18.0%
Sep 2013	6.44%	-13.8%
Jun 2013	7.47%	+11.5%
Mar 2013	6.70%	-19.1%
Dec 2012	8.28%	+26.0%
Sep 2012	6.57%	-19.1%
Jun 2012	8.12%	-8.7%
Mar 2012	8.89%	+44.6%
Dec 2011	6.15%	+56.5%
Sep 2011	3.93%	-46.1%
Jun 2011	7.29%	-34.3%
Mar 2011	11.09%	+41.8%
Dec 2010	7.82%	+76.9%
Sep 2010	4.42%	-40.5%
Jun 2010	7.43%	-14.4%
Mar 2010	8.68%	+59.6%
Dec 2009	5.44%	-63.4%
Sep 2009	14.85%	+123.6%
Jun 2009	6.64%	-15.4%
Mar 2009	7.85%	+67.4%
Dec 2008	4.69%	+63.4%
Sep 2008	2.87%	-7.7%
Jun 2008	3.11%	-93.1%

Month	Value	Change
Mar 2008	45.32%	+399.7%
Dec 2007	9.07%	+133.2%
Sep 2007	3.89%	-92.4%
Jun 2007	51.41%	+993.8%
Mar 2007	4.70%	-44.6%
Dec 2006	8.48%	+0.7%
Sep 2006	8.42%	-25.4%
Jun 2006	11.29%	+3.2%
Mar 2006	10.94%	+32.4%
Dec 2005	8.26%	+10.6%
Sep 2005	7.47%	-18.4%
Jun 2005	9.16%	-82.1%
Mar 2005	51.22%	+418.4%
Dec 2004	9.88%	-59.3%
Sep 2004	24.26%	-54.0%
Jun 2004	52.73%	+100.5%
Mar 2004	26.30%	-35.4%
Dec 2003	40.74%	>+9,900.0%
Sep 2003	0.00%	-100.0%
Jun 2003	44.30%	-4.2%
Mar 2003	46.26%	-12.0%
Dec 2002	52.57%	+5.4%
Sep 2002	49.87%	-0.8%
Jun 2002	50.29%	+17.7%
Aug 2001	42.71%	-14.7%
May 2001	50.08%	+1.4%
Feb 2001	49.41%	-0.2%
Nov 2000	49.50%	+0.9%
Aug 2000	49.08%	+1,135.4%
May 2000	-4.74%	-109.8%
Feb 2000	48.49%	+1.5%
Nov 1999	47.77%	+1.3%
Aug 1999	47.16%	+1,084.6%
May 1999	-4.79%	-110.2%
Feb 1999	47.13%	+0.2%
Nov 1998	47.05%	-3.8%
Aug 1998	48.92%	+1,251.1%
May 1998	-4.25%	-108.8%
Feb 1998	48.36%	+0.2%
Nov 1997	48.25%	+1.2%
Aug 1997	47.70%	+449.5%
May 1997	-13.65%	-174.2%
Feb 1997	18.40%	-6.9%
Nov 1996	19.76%	+0.6%
Aug 1996	19.65%	+29.4%
May 1996	15.18%	-22.3%
Feb 1996	19.53%	-2.2%
Nov 1995	19.97%	+0.9%
Aug 1995	19.79%	+6.5%
May 1995	18.58%	-2.8%
Feb 1995	19.12%	+0.1%
Nov 1994	19.10%	+3.2%
Aug 1994	18.51%	+25.8%
May 1994	14.71%	-22.0%
Feb 1994	18.87%	+0.7%
Nov 1993	18.74%	+30.6%
Aug 1993	14.35%	-14.4%
May 1993	16.77%	+12.9%
Feb 1993	14.86%	-9.3%
Nov 1992	16.38%	+3.1%
Aug 1992	15.88%	-19.8%
May 1992	19.79%	+37.0%
Feb 1992	14.44%	-19.0%
Nov 1991	17.82%	-5.1%
Aug 1991	18.78%	-8.0%
May 1991	20.41%	+2.9%
Feb 1991	19.84%	+4.7%
Nov 1990	18.95%	+2.0%
Aug 1990	18.57%	-12.2%
May 1990	21.14%	+24.9%
Feb 1990	16.92%	+4.2%
Nov 1989	16.24%	+4.2%
Aug 1989	15.58%	-

FAQ

What is the current quarterly gross margin of THC?: As of today, THC quarterly gross margin is 19.07%
What is THC quarterly gross margin most recent change?: THC quarterly gross margin was up +4.84% on September 30, 2026
What is 1-year change in THC quarterly gross margin?: THC quarterly gross margin is up +23.43% year-over-year
How far is THC quarterly gross margin from its all-time high?: THC quarterly gross margin is currently -63.83% below its historical high of 52.73% set on June 30, 2004
How does THC quarterly gross margin rank versus sector peers?: THC quarterly gross margin is higher than 23.83% of companies in Healthcare sector
When is THC next earnings release?: The next earnings release for THC is on February 10, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

THC Official Website www.tenethealth.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/70318/000007031826000012/0000070318-26-000012-index.htm
THC Profile on Yahoo Finance finance.yahoo.com/quote/THC
THC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/thc