Tenet Healthcare (THC) Capital Expenditures (2012 - 2026)

Tenet Healthcare's (THC) quarterly Capital Expenditures came in at $180.0 million in Q1 2026, up 4.05% year-on-year from $173.0 million in Q1 2025, and down 50.55% quarter-over-quarter from $364.0 million in Q4 2025.

Tenet Healthcare (THC) Capital Expenditures (2012 - 2026) Analysis & Trends

Tenet Healthcare has disclosed Capital Expenditures across 15 years of filings, most recently posting $180.0 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $180.0 million, up 4.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 17.71% YoY), and the FY2025 annual result was $1.0 billion, up 8.49% from the prior year.
  • Capital Expenditures came in at $180.0 million for Q1 2026 at Tenet Healthcare, down from $364.0 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $364.0 million in Q4 2025 to a low of $132.0 million in Q2 2023.
  • The 5-year median for Capital Expenditures is $193.0 million (2025), against an average of $213.8 million.
  • Across the five-year window, Capital Expenditures declined 28.28% in 2023 and surged 58.65% in 2024, its largest moves.
  • Tenet Healthcare's Capital Expenditures stood at $290.0 million in 2022, then slipped by 28.28% to $208.0 million in 2023, then jumped by 58.65% to $330.0 million in 2024, then rose by 10.3% to $364.0 million in 2025, then tumbled by 50.55% to $180.0 million in 2026.
  • The last three Capital Expenditures figures came in at $180.0 million (Q1 2026), $364.0 million (Q4 2025), and $280.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 1.12 Bn
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 180.00 Mn
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 102.02 Mn
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 162.40 Mn
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 9.97 Mn
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 217.16 Mn
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn -486.57 Mn
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 17.12 Mn
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 86.52 Mn
10 Concentra Group Holdings Parent 3.59 Bn 3.54 Bn 170.47 Mn 11.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 180.00 Mn
Mar 31, 2026 180.00 Mn
Dec 31, 2025 364.00 Mn
Dec 31, 2025 364.00 Mn
Sep 30, 2025 280.00 Mn
Sep 30, 2025 280.00 Mn
Jun 30, 2025 193.00 Mn
Jun 30, 2025 193.00 Mn
Mar 31, 2025 173.00 Mn
Mar 31, 2025 173.00 Mn
Dec 31, 2024 330.00 Mn
Dec 31, 2024 330.00 Mn
Sep 30, 2024 216.00 Mn
Sep 30, 2024 216.00 Mn
Jun 30, 2024 145.00 Mn
Jun 30, 2024 145.00 Mn
Mar 31, 2024 240.00 Mn
Mar 31, 2024 240.00 Mn
Dec 31, 2023 208.00 Mn
Dec 31, 2023 208.00 Mn