• Tenet Healthcare average gross margin for 2023 was 37.25%, a 0.13% increase from 2022.
• Tenet Healthcare average gross margin for 2022 was 37.2%, a 0.73% increase from 2021.
• Tenet Healthcare average gross margin for 2021 was 36.93%, a 4.41% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.