Tenet Healthcare (THC) Acquisitions (2010 - 2026)
Tenet Healthcare (THC) posted Acquisitions of $71 million for Q3 2026, down 40.3% from $119 million a year earlier but up 688.9% from the prior quarter.
Tenet Healthcare (THC) Acquisitions (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Acquisitions at Tenet Healthcare was $243 million, down 22.4% year-over-year; for FY2025, it came in at $308 million, down 46.1% from FY2024.
- Annual Acquisitions shows a five-year compound annual growth rate of -23.5% (FY2020 to FY2025).
- In prior years, Tenet Healthcare's Acquisitions was $571 million in FY2024 (+154.9%), $224 million in FY2023 (-4.3%), $234 million in FY2022 (-80.8%) and $1.22 billion in FY2021 (+3.7%).
- Quarterly Acquisitions has run from a low of $9 million in Q2 2026 to a high of $1.16 billion in Q4 2021 over five years.
- On a year-over-year basis, Acquisitions increased in three of the last eight quarters, with growth averaging 112.3%.
- The strongest year-over-year quarter for Acquisitions in the past five years was Q1 2024, with growth of 835.4%; the weakest was Q4 2022, with a decline of 99.1%.
- According to Business Quant data, Acquisitions for the three prior quarters was $9 million (Q2 2026), $121 million (Q1 2026) and $42 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 556.00 Mn |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | - |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 255.50 Mn |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 1.00 Mn |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 71.00 Mn |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | - |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 1.93 Mn |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | 2.76 Mn |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | - |
| 10 | Davita | 12.21 Bn | 9.59 Bn | 1.13 Bn | 3.15 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 71.00 Mn |
| Jun 30, 2026 | 9.00 Mn |
| Mar 31, 2026 | 121.00 Mn |
| Dec 31, 2025 | 42.00 Mn |
| Sep 30, 2025 | 119.00 Mn |
| Jun 30, 2025 | 120.00 Mn |
| Mar 31, 2025 | 27.00 Mn |
| Dec 31, 2024 | 47.00 Mn |
| Sep 30, 2024 | 14.00 Mn |
| Jun 30, 2024 | 61.00 Mn |
| Mar 31, 2024 | 449.00 Mn |
| Dec 31, 2023 | 114.00 Mn |
| Sep 30, 2023 | 14.00 Mn |
| Jun 30, 2023 | 48.00 Mn |
| Mar 31, 2023 | 48.00 Mn |
| Dec 31, 2022 | 10.00 Mn |
| Sep 30, 2022 | 158.00 Mn |
| Jun 30, 2022 | 26.00 Mn |
| Mar 31, 2022 | 40.00 Mn |
| Dec 31, 2021 | 1.16 Bn |
Tenet Healthcare Acquisitions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=acquisitions&ticker=THC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "acquisitions", "ticker": "THC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=acquisitions&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();