Tenet Healthcare (THC) EBT (2009 - 2026)
Tenet Healthcare (THC) posted EBT of $1.34 billion for Q2 2026, up 108.7% from $642 million a year earlier and up 18.4% from the prior quarter.
Tenet Healthcare (THC) EBT (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT at Tenet Healthcare was $3.87 billion, up 29.5% year-over-year; for FY2025, it came in at $2.8 billion, down 46.6% from FY2024.
- Annual EBT shows a five-year compound annual growth rate of 33.1% (FY2020 to FY2025).
- In prior years, Tenet Healthcare's EBT was $5.25 billion in FY2024 (+224.6%), $1.62 billion in FY2023 (+20.2%), $1.35 billion in FY2022 (-28.8%) and $1.89 billion in FY2021 (+181.4%).
- The Q2 2026 figure stands as the highest quarterly EBT since Q1 2024.
- On a year-over-year basis, EBT has increased in each of the last three quarters, with growth averaging 33.2% over the last eight quarters.
- The strongest year-over-year quarter for EBT in the past five years was Q1 2024, with growth of 711.6%; the weakest was Q1 2025, with a decline of 75.2%.
- According to Business Quant data, EBT for the three prior quarters was $1.13 billion (Q1 2026), $681 million (Q4 2025) and $712 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 2.49 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -67.23 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 412.00 Mn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 386.40 Mn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -119.96 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 1.34 Bn |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 8.82 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 261.60 Mn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 435.01 Mn |
| 10 | BrightSpring Health Services | 11.17 Bn | 9.51 Bn | 492.75 Mn | 93.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.34 Bn |
| Mar 31, 2026 | 1.13 Bn |
| Dec 31, 2025 | 681.00 Mn |
| Sep 30, 2025 | 712.00 Mn |
| Jun 30, 2025 | 642.00 Mn |
| Mar 31, 2025 | 765.00 Mn |
| Dec 31, 2024 | 655.00 Mn |
| Sep 30, 2024 | 922.00 Mn |
| Jun 30, 2024 | 587.00 Mn |
| Mar 31, 2024 | 3.08 Bn |
| Dec 31, 2023 | 519.00 Mn |
| Sep 30, 2023 | 345.00 Mn |
| Jun 30, 2023 | 373.00 Mn |
| Mar 31, 2023 | 380.00 Mn |
| Dec 31, 2022 | 322.00 Mn |
| Sep 30, 2022 | 380.00 Mn |
| Jun 30, 2022 | 265.00 Mn |
| Mar 31, 2022 | 378.00 Mn |
| Dec 31, 2021 | 528.00 Mn |
| Sep 30, 2021 | 774.00 Mn |
Tenet Healthcare EBT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt&ticker=THC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "ticker": "THC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();