Tenet Healthcare (THC) FCF Payout Ratio (2009 - 2026)

Tenet Healthcare (THC) posted FCF Payout Ratio of 0.13 for Q1 2026, up 1137.15% sequentially from 0.01 in Q4 2025, and down 54.2% YoY from 0.29 in Q1 2025.

Tenet Healthcare (THC) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Tenet Healthcare (THC) has 18 years of FCF Payout Ratio data on file, last reported at 0.13 in Q1 2026.

  • Quarterly FCF Payout Ratio fell 54.2% year-over-year to 0.13 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.03 (down 94.04% YoY) and the FY2025 annual result came in at 0.04, down 94.04% from the prior year.
  • FCF Payout Ratio grew to 0.13 in Q1 2026 per THC's latest filing, from 0.01 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 3.21 in Q2 2022, with the low at 0.84 in Q4 2024.
  • Average FCF Payout Ratio over 5 years is 0.38, with a median of 0.21 recorded in 2022.
  • Year-over-year, FCF Payout Ratio soared 38088.36% in 2022 and plunged 881.41% in 2025.
  • Tenet Healthcare's FCF Payout Ratio stood at 0.3 in 2022, then soared by 154.65% to 0.76 in 2023, then slumped by 210.55% to 0.84 in 2024, then jumped by 101.3% to 0.01 in 2025, then soared by 1137.15% to 0.13 in 2026.
  • Business Quant data shows THC's FCF Payout Ratio at 0.13 in Q1 2026, 0.01 in Q4 2025, and 0.37 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 0.21
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 0.11
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 0.13
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 0.39
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 0.38
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 0.04
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 0.04
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 0.00
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn -
10 Brookdale Senior Living 3.76 Bn 3.50 Bn 727.83 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.13
Dec 31, 2025 0.01
Sep 30, 2025 -0.37
Jun 30, 2025 0.25
Mar 31, 2025 0.29
Dec 31, 2024 -0.84
Sep 30, 2024 0.05
Jun 30, 2024 -0.12
Mar 31, 2024 0.47
Dec 31, 2023 0.76
Sep 30, 2023 -0.44
Jun 30, 2023 0.49
Mar 31, 2023 0.19
Dec 31, 2022 0.30
Sep 30, 2022 0.21
Jun 30, 2022 3.21
Mar 31, 2022 1.85
Dec 31, 2021 2.02
Sep 30, 2021 0.01
Jun 30, 2021 0.02