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
DateValue
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