Tenet Healthcare (THC) Asset Utilization Ratio (2010 - 2026)
Tenet Healthcare's (THC) Asset Utilization Ratio was 0.70 for Q2 2026, down 1.3% from 0.71 a year earlier and unchanged from the prior quarter.
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Analysis
Tenet Healthcare (THC) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Tenet Healthcare was 0.73, up 0.7% from FY2024.
- By year, Asset Utilization Ratio came in at 0.72 in FY2024 (-2.6%), 0.74 in FY2023 (+5.8%), 0.70 in FY2022 (-1.7%) and 0.71 in FY2021 (+1.9%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.70 in Q1 2026 and a high of 0.74 in Q3 2021.
- Year over year, Asset Utilization Ratio gained in two of the last eight quarters, with an average decline of 1.3%.
- The high point for year-over-year Asset Utilization Ratio in five years was Q3 2021 (growth of 11.4%); the low point was Q3 2022 (a decline of 4.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.70 (Q1 2026), 0.72 (Q4 2025) and 0.72 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 1.25 |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 1.03 |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 0.69 |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 0.76 |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 0.62 |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 0.70 |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 0.64 |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 0.84 |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 0.80 |
| 10 | BrightSpring Health Services | 11.17 Bn | 9.51 Bn | 492.75 Mn | 2.36 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.70 |
| Mar 31, 2026 | 0.70 |
| Dec 31, 2025 | 0.72 |
| Sep 30, 2025 | 0.72 |
| Jun 30, 2025 | 0.71 |
| Mar 31, 2025 | 0.71 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.72 |
| Jun 30, 2024 | 0.72 |
| Mar 31, 2024 | 0.73 |
| Dec 31, 2023 | 0.74 |
| Sep 30, 2023 | 0.74 |
| Jun 30, 2023 | 0.73 |
| Mar 31, 2023 | 0.72 |
| Dec 31, 2022 | 0.71 |
| Sep 30, 2022 | 0.71 |
| Jun 30, 2022 | 0.72 |
| Mar 31, 2022 | 0.72 |
| Dec 31, 2021 | 0.73 |
| Sep 30, 2021 | 0.74 |
API Access
Tenet Healthcare Asset Utilization Ratio 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=asset-utilization-ratio&ticker=THC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "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=asset-utilization-ratio&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();