Tenet Healthcare (THC) FCF Payout Ratio (2009 - 2026)
Tenet Healthcare (THC) posted FCF Payout Ratio of 0.02 for Q2 2026, down 94.26% sequentially from 0.38 in Q1 2026, and down 91.33% YoY from 0.25 in Q2 2025.
Tenet Healthcare (THC) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Tenet Healthcare has reported FCF Payout Ratio for 18 years, with the latest figure at 0.02 in Q2 2026.
- Quarterly FCF Payout Ratio fell 91.33% year-over-year to 0.02 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.33 (down 30.31% YoY) and the FY2025 annual result came in at 0.32, down 47.6% from the prior year.
- FCF Payout Ratio fell to 0.02 in Q2 2026 per THC's latest filing, from 0.38 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 1.85 in Q1 2022 and troughed at 5.3 in Q2 2022.
- A 5-year average of 0.14 and a median of 0.29 in 2023 frame the typical range for FCF Payout Ratio.
- The widest YoY moves for FCF Payout Ratio: up 5575.65% in 2022, down 801.37% in 2022.
- Over 5 years, FCF Payout Ratio stood at 0.98 in 2022, then sank by 71.92% to 0.27 in 2023, then sank by 202.02% to 0.28 in 2024, then jumped by 318.08% to 0.61 in 2025, then slumped by 96.46% to 0.02 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.02, 0.38, and 0.61 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 0.15 |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 0.02 |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 0.30 |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 0.20 |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 0.03 |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 0.06 |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | - |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 0.11 |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 0.07 |
| 10 | Option Care Health | 3.59 Bn | 3.39 Bn | 267.25 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.02 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.61 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | -0.28 |
| Sep 30, 2024 | 0.21 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 0.47 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.47 |
| Jun 30, 2023 | 0.29 |
| Mar 31, 2023 | 0.63 |
| Dec 31, 2022 | 0.98 |
| Sep 30, 2022 | 0.81 |
| Jun 30, 2022 | -5.30 |
| Mar 31, 2022 | 1.85 |
| Dec 31, 2021 | 2.02 |
| Sep 30, 2021 | 0.01 |