Tenet Healthcare (THC) FCF Margin (2009 - 2026)
Tenet Healthcare (THC) posted FCF Margin of 27.22% for Q1 2026, up 309.88% sequentially from 6.64% in Q4 2025, and up 1493.0% YoY from 1.71% in Q1 2025.
Tenet Healthcare (THC) FCF Margin (2009 - 2026) Analysis & Trends
Tenet Healthcare (THC) has 18 years of FCF Margin data on file, last reported at 27.22% in Q1 2026.
- Quarterly FCF Margin rose 1493.0% year-over-year to 27.22% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.61% (up 873.0% YoY) and the FY2025 annual result came in at 11.87%, up 647.0% from the prior year.
- FCF Margin climbed to 27.22% in Q1 2026 per THC's latest filing, from 6.64% in the prior quarter.
- The five-year high for FCF Margin was 27.22% in Q1 2026, with the low at 13.03% in Q4 2024.
- Average FCF Margin over 5 years is 7.89%, with a median of 6.64% recorded in 2025.
- Year-over-year, FCF Margin sank 2445 bps in 2024 and jumped 1967 bps in 2025.
- Tenet Healthcare's FCF Margin stood at 2.63% in 2022, then jumped by 335 bps to 11.42% in 2023, then sank by 214 bps to 13.03% in 2024, then jumped by 151 bps to 6.64% in 2025, then surged by 310 bps to 27.22% in 2026.
- Business Quant data shows THC's FCF Margin at 27.22% in Q1 2026, 6.64% in Q4 2025, and 14.71% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 4.68% |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 10.81% |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 27.22% |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 6.41% |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 9.50% |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 6.49% |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 4.10% |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 10.55% |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 20.19% |
| 10 | Brookdale Senior Living | 3.76 Bn | 3.50 Bn | 727.83 Mn | 2.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.22% |
| Dec 31, 2025 | 6.64% |
| Sep 30, 2025 | 14.71% |
| Jun 30, 2025 | 14.10% |
| Mar 31, 2025 | 12.29% |
| Dec 31, 2024 | -13.03% |
| Sep 30, 2024 | 16.17% |
| Jun 30, 2024 | 11.79% |
| Mar 31, 2024 | 6.45% |
| Dec 31, 2023 | 11.42% |
| Sep 30, 2023 | 6.45% |
| Jun 30, 2023 | 9.17% |
| Mar 31, 2023 | 4.26% |
| Dec 31, 2022 | 2.63% |
| Sep 30, 2022 | 3.12% |
| Jun 30, 2022 | -0.71% |
| Mar 31, 2022 | 1.54% |
| Dec 31, 2021 | 1.09% |
| Sep 30, 2021 | 6.56% |
| Jun 30, 2021 | 2.48% |