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| Date | Value |
|---|---|
| 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 |