Tenet Healthcare (THC) Debt Ratio (2009 - 2026)
Tenet Healthcare (THC) posted Debt Ratio of 0.42 for Q1 2026, down 4.62% sequentially from 0.44 in Q4 2025, and down 6.02% YoY from 0.45 in Q1 2025.
Tenet Healthcare (THC) Debt Ratio (2009 - 2026) Analysis & Trends
Tenet Healthcare (THC) has 18 years of Debt Ratio data on file, last reported at 0.42 in Q1 2026.
- Quarterly Debt Ratio fell 6.02% year-over-year to 0.42 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.42 (down 6.02% YoY) and the FY2025 annual result came in at 0.44, down 2.51% from the prior year.
- Debt Ratio declined to 0.42 in Q1 2026 per THC's latest filing, from 0.44 in the prior quarter.
- The five-year high for Debt Ratio was 0.57 in Q2 2022, with the low at 0.42 in Q1 2026.
- Average Debt Ratio over 5 years is 0.5, with a median of 0.46 recorded in 2025.
- Year-over-year, Debt Ratio fell 20.63% in 2024 and rose 4.38% in 2025.
- Tenet Healthcare's Debt Ratio stood at 0.56 in 2022, then slipped by 4.57% to 0.53 in 2023, then retreated by 14.09% to 0.46 in 2024, then dropped by 2.51% to 0.44 in 2025, then dropped by 4.62% to 0.42 in 2026.
- Business Quant data shows THC's Debt Ratio at 0.42 in Q1 2026, 0.44 in Q4 2025, and 0.45 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 0.78 |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 0.06 |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 0.42 |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 0.61 |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 0.35 |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 0.03 |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 0.30 |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 0.01 |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 0.49 |
| 10 | Brookdale Senior Living | 3.76 Bn | 3.50 Bn | 727.83 Mn | 0.73 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 0.44 |
| Sep 30, 2025 | 0.45 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.46 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.53 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 0.55 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | 0.56 |
| Sep 30, 2022 | 0.56 |
| Jun 30, 2022 | 0.57 |
| Mar 31, 2022 | 0.56 |
| Dec 31, 2021 | 0.57 |
| Sep 30, 2021 | 0.55 |
| Jun 30, 2021 | 0.57 |