Tenet Healthcare (FRA:THC1) Tax Rate % : 24.32% (As of Mar. 2024)

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What is Tenet Healthcare Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tenet Healthcare's Tax Expense for the three months ended in Mar. 2024 was €690 Mil. Tenet Healthcare's Pre-Tax Income for the three months ended in Mar. 2024 was €2,837 Mil. Therefore, Tenet Healthcare's Tax Rate % for the quarter that ended in Mar. 2024 was 24.32%.

Tenet Healthcare Tax Rate % Historical Data

The historical data trend for Tenet Healthcare's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tenet Healthcare Tax Rate % Chart

Tenet Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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50.00

-14.46

21.77

25.60

18.92

Tenet Healthcare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															22.11	21.45	22.90	12.14	24.32

Tenet Healthcare Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Tenet Healthcare's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	280.602	/	1482.789
	=	18.92 %

Tenet Healthcare's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	690	/	2837.28
	=	24.32 %

Tenet Healthcare Tax Rate % Related Terms

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Tenet Healthcare (FRA:THC1) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Tenet Healthcare Corp (FRA:THC1) » Definitions » Tax Rate %

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Address

14201 Dallas Parkway, Dallas, TX, USA, 75254

Website

https://www.tenethealth.com

Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 60 as of June 2023) and over 550 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.

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