Tenet Healthcare (THC) Enterprise Value (2009 - 2026)

Tenet Healthcare's (THC) quarterly Enterprise Value came in at -$830.0 million in Q1 2026, up 36.3% year-on-year from -$608.9 million in Q1 2025, and down 1236.99% quarter-over-quarter from $73.0 million in Q4 2025.

Tenet Healthcare (THC) Enterprise Value (2009 - 2026) Analysis & Trends

Tenet Healthcare has disclosed Enterprise Value across 18 years of filings, most recently posting -$830.0 million for Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$830.0 million, up 36.3% year-over-year; the trailing twelve-month figure through Mar 2026 was -$830.0 million (up 36.3% YoY), and the FY2025 annual result was $73.0 million, up 125.0% from the prior year.
  • Enterprise Value came in at -$830.0 million for Q1 2026 at Tenet Healthcare, down from $73.0 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of $1.5 billion in Q1 2023 to a low of -$2.5 billion in Q3 2024.
  • The 5-year median for Enterprise Value is $73.0 million (2025), against an average of $18.7 million.
  • Across the five-year window, Enterprise Value surged 739.6% in 2022 and tumbled 795.0% in 2024, its largest moves.
  • Tenet Healthcare's Enterprise Value stood at -$214.0 million in 2022, then tumbled by 160.75% to -$558.0 million in 2023, then surged by 47.67% to -$292.0 million in 2024, then jumped by 125.0% to $73.0 million in 2025, then slumped by 1236.99% to -$830.0 million in 2026.
  • The last three Enterprise Value figures came in at -$830.0 million (Q1 2026), $73.0 million (Q4 2025), and -$58.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 2.39 Bn
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn -830.00 Mn
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 857.96 Mn
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 623.30 Mn
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn -591.73 Mn
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn -45.65 Mn
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn -2.38 Bn
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn -16.86 Mn
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn -242.96 Mn
10 Concentra Group Holdings Parent 3.59 Bn 3.54 Bn 170.47 Mn -54.20 Mn

Historic Data

Download Data
DateValue
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 -1.30 Bn
Dec 31, 2024 -292.00 Mn
Sep 30, 2024 -2.50 Bn
Jun 30, 2024 -67.00 Mn
Mar 31, 2024 247.00 Mn
Dec 31, 2023 -558.00 Mn
Sep 30, 2023 360.00 Mn
Jun 30, 2023 1.34 Bn
Mar 31, 2023 1.46 Bn
Dec 31, 2022 -214.00 Mn
Sep 30, 2022 860.00 Mn
Jun 30, 2022 646.00 Mn
Mar 31, 2022 953.00 Mn
Dec 31, 2021 -1.71 Bn
Sep 30, 2021 -244.00 Mn
Jun 30, 2021 -160.00 Mn