Tenet Healthcare (THC) EBITDA (2009 - 2026)

Tenet Healthcare (THC) posted EBITDA of $1.3 billion for Q1 2026, up 51.93% sequentially from $853.0 million in Q4 2025, and up 37.43% YoY from $943.0 million in Q1 2025.

Tenet Healthcare (THC) EBITDA (2009 - 2026) Analysis & Trends

Tenet Healthcare (THC) has 18 years of EBITDA data on file, last reported at $1.3 billion in Q1 2026.

  • Quarterly EBITDA rose 37.43% year-over-year to $1.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 6.83% YoY) and the FY2025 annual result came in at $4.2 billion, down 36.31% from the prior year.
  • EBITDA rose to $1.3 billion in Q1 2026 per THC's latest filing, from $853.0 million in the prior quarter.
  • The five-year high for EBITDA was $3.3 billion in Q1 2024, with the low at $536.0 million in Q4 2022.
  • Average EBITDA over 5 years is $917.8 million, with a median of $761.0 million recorded in 2024.
  • Year-over-year, EBITDA jumped 444.78% in 2024 and plunged 71.29% in 2025.
  • Tenet Healthcare's EBITDA stood at $536.0 million in 2022, then jumped by 37.13% to $735.0 million in 2023, then advanced by 11.7% to $821.0 million in 2024, then grew by 3.9% to $853.0 million in 2025, then jumped by 51.93% to $1.3 billion in 2026.
  • Business Quant data shows THC's EBITDA at $1.3 billion in Q1 2026, $853.0 million in Q4 2025, and $889.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn -566.00 Mn
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 98.88 Mn
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 1.30 Bn
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 481.89 Mn
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 59.70 Mn
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 124.85 Mn
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 502.86 Mn
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 120.04 Mn
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn -34.14 Mn
10 Brookdale Senior Living 3.76 Bn 3.50 Bn 727.83 Mn 51.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.30 Bn
Dec 31, 2025 853.00 Mn
Sep 30, 2025 889.00 Mn
Jun 30, 2025 823.00 Mn
Mar 31, 2025 943.00 Mn
Dec 31, 2024 821.00 Mn
Sep 30, 2024 1.09 Bn
Jun 30, 2024 761.00 Mn
Mar 31, 2024 3.29 Bn
Dec 31, 2023 735.00 Mn
Sep 30, 2023 568.00 Mn
Jun 30, 2023 604.00 Mn
Mar 31, 2023 603.00 Mn
Dec 31, 2022 536.00 Mn
Sep 30, 2022 596.00 Mn
Jun 30, 2022 553.00 Mn
Mar 31, 2022 648.00 Mn
Dec 31, 2021 751.00 Mn
Sep 30, 2021 1.01 Bn
Jun 30, 2021 586.00 Mn