KPIs & Operating Metrics(New)
Growth Metrics

Tenet Healthcare (THC) EBITDA (2016 - 2025)

Tenet Healthcare's EBITDA history spans 17 years, with the latest figure at $853.0 million for Q4 2025.

  • For Q4 2025, EBITDA rose 3.9% year-over-year to $853.0 million; the TTM value through Dec 2025 reached $3.5 billion, down 41.1%, while the annual FY2025 figure was $4.2 billion, 36.31% down from the prior year.
  • EBITDA for Q4 2025 was $853.0 million at Tenet Healthcare, down from $889.0 million in the prior quarter.
  • Across five years, EBITDA topped out at $3.3 billion in Q1 2024 and bottomed at $520.0 million in Q1 2021.
  • The 5-year median for EBITDA is $743.0 million (2021), against an average of $858.9 million.
  • The largest annual shift saw EBITDA skyrocketed 444.78% in 2024 before it tumbled 71.29% in 2025.
  • A 5-year view of EBITDA shows it stood at $751.0 million in 2021, then decreased by 28.63% to $536.0 million in 2022, then surged by 37.13% to $735.0 million in 2023, then rose by 11.7% to $821.0 million in 2024, then increased by 3.9% to $853.0 million in 2025.
  • Per Business Quant, the three most recent readings for THC's EBITDA are $853.0 million (Q4 2025), $889.0 million (Q3 2025), and $823.0 million (Q2 2025).