Tenet Healthcare (THC) Enterprise Value (2009 - 2026)
Tenet Healthcare (THC) posted Enterprise Value of -$27.0 million for Q2 2026, up 96.75% sequentially from -$830.0 million in Q1 2026, and down 113.43% YoY from $201.0 million in Q2 2025.
Tenet Healthcare (THC) Enterprise Value (2009 - 2026) Analysis & Trends
Tenet Healthcare has reported Enterprise Value for 18 years, with the latest figure at -$27.0 million in Q2 2026.
- Quarterly Enterprise Value fell 113.43% year-over-year to -$27.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$27.0 million (down 113.43% YoY) and the FY2025 annual result came in at $73.0 million, up 125.0% from the prior year.
- Enterprise Value grew to -$27.0 million in Q2 2026 per THC's latest filing, from -$830.0 million in the prior quarter.
- Over five years, Enterprise Value peaked at $1.5 billion in Q1 2023 and troughed at -$1.4 billion in Q3 2024.
- A 5-year average of $363.5 million and a median of $224.0 million in 2024 frame the typical range for Enterprise Value.
- The sharpest annual moves came in 2022 and 2026: Enterprise Value soared 901.86% in 2022, then slumped 272.2% in 2026.
- Over 5 years, Enterprise Value stood at $1.3 billion in 2022, then slipped by 9.91% to $1.2 billion in 2023, then tumbled by 125.11% to -$292.0 million in 2024, then soared by 125.0% to $73.0 million in 2025, then sank by 136.99% to -$27.0 million in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered -$27.0 million, -$830.0 million, and $73.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 2.42 Bn |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | -27.00 Mn |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 672.00 Mn |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 872.54 Mn |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | -317.22 Mn |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | -65.20 Mn |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | -159.45 Mn |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | -40.22 Mn |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | -136.33 Mn |
| 10 | Option Care Health | 3.59 Bn | 3.39 Bn | 267.25 Mn | -193.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -27.00 Mn |
| Mar 31, 2026 | -830.00 Mn |
| Dec 31, 2025 | 73.00 Mn |
| Sep 30, 2025 | -58.00 Mn |
| Jun 30, 2025 | 201.00 Mn |
| Mar 31, 2025 | -223.00 Mn |
| Dec 31, 2024 | -292.00 Mn |
| Sep 30, 2024 | -1.45 Bn |
| Jun 30, 2024 | -67.00 Mn |
| Mar 31, 2024 | 247.00 Mn |
| Dec 31, 2023 | 1.16 Bn |
| Sep 30, 2023 | 1.25 Bn |
| Jun 30, 2023 | 1.34 Bn |
| Mar 31, 2023 | 1.46 Bn |
| Dec 31, 2022 | 1.29 Bn |
| Sep 30, 2022 | 860.00 Mn |
| Jun 30, 2022 | 646.00 Mn |
| Mar 31, 2022 | 953.00 Mn |
| Dec 31, 2021 | -161.00 Mn |
| Sep 30, 2021 | -244.00 Mn |