• Tenet Healthcare average operating margin for 2023 was 11.8%, a 16.43% increase from 2022.
• Tenet Healthcare average operating margin for 2022 was 14.12%, a 3.75% decline from 2021.
• Tenet Healthcare average operating margin for 2021 was 13.61%, a 47.61% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.