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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 90.36 Bn | 89.35 Bn | 15.19 Bn |
| 2 | Tenet Healthcare | 22.02 Bn | 19.85 Bn | 4.45 Bn |
| 3 | Encompass Health | 12.13 Bn | 11.99 Bn | 1.34 Bn |
| 4 | Davita | 11.78 Bn | 11.09 Bn | 1.16 Bn |
| 5 | Universal Health Services | 10.09 Bn | 9.95 Bn | 3.29 Bn |
| 6 | Ensign | 9.97 Bn | 9.65 Bn | 306.24 Mn |
| 7 | Chemed | 6.93 Bn | 6.89 Bn | 221.47 Mn |
| 8 | Pacs | 6.81 Bn | 6.64 Bn | 338.46 Mn |
| 9 | Concentra Group Holdings Parent | 4.32 Bn | 4.16 Bn | 192.10 Mn |
| 10 | Option Care Health | 3.74 Bn | 3.55 Bn | 267.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.04 Bn |
| Mar 31, 2026 | 15.42 Bn |
| Dec 31, 2025 | 17.35 Bn |
| Sep 30, 2025 | 17.79 Bn |
| Jun 30, 2025 | 15.75 Bn |
| Mar 31, 2025 | 12.27 Bn |
| Dec 31, 2024 | 11.72 Bn |
| Sep 30, 2024 | 14.36 Bn |
| Jun 30, 2024 | 12.68 Bn |
| Mar 31, 2024 | 10.51 Bn |
| Dec 31, 2023 | 7.00 Bn |
| Sep 30, 2023 | 7.94 Bn |
| Jun 30, 2023 | 9.61 Bn |
| Mar 31, 2023 | 7.52 Bn |
| Dec 31, 2022 | 4.78 Bn |
| Sep 30, 2022 | 6.44 Bn |
| Jun 30, 2022 | 6.32 Bn |
| Mar 31, 2022 | 10.21 Bn |
| Dec 31, 2021 | 7.07 Bn |
| Sep 30, 2021 | 6.87 Bn |