KPIs & Operating Metrics(New)
Growth Metrics

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

Tenet Healthcare recorded quarterly FCF Payout Ratio of 0.13 in Q1 2026, up 1137.15% quarter-over-quarter from 0.01 in Q4 2025, and down 54.2% year-over-year from 0.29 in Q1 2025.

Tenet Healthcare's FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.13 for Q1 2026.

  • In Q1 2026, FCF Payout Ratio fell 54.2% year-over-year to 0.13; the TTM figure through Mar 2026 stood at 0.03 (down 94.04% YoY), while the FY2025 annual figure was 0.04, down 94.04% from the prior year.
  • FCF Payout Ratio came in at 0.13 for Q1 2026 at Tenet Healthcare, up from 0.01 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 3.21 in Q2 2022 to a low of 0.84 in Q4 2024.
  • A 5-year average of 0.38 and a median of 0.21 in 2022 frame the typical range for FCF Payout Ratio.
  • Across the five-year window, FCF Payout Ratio soared 38088.36% in 2022 and sank 881.41% in 2025, its largest moves.
  • Tenet Healthcare's FCF Payout Ratio stood at 0.3 in 2022, then jumped by 154.65% to 0.76 in 2023, then plunged by 210.55% to 0.84 in 2024, then surged by 101.3% to 0.01 in 2025, then jumped by 1137.15% to 0.13 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.13, 0.01, and 0.37 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn 0.21
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 0.13
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 0.39
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 0.38
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 0.04
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 0.04
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 0.60
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 0.11
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 0.00
10 Option Care Health 3.27 Bn 3.09 Bn 262.01 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
Mar 31, 2021 0.00
Dec 31, 2020 0.90
Sep 30, 2020 0.07
Dec 31, 2019 0.25
Sep 30, 2019 0.83
Jun 30, 2019 0.02
Mar 31, 2019 -0.02
Dec 31, 2018 -1.16
Sep 30, 2018 0.13
Jun 30, 2018 0.34
Mar 31, 2018 -2.13
Dec 31, 2017 0.01
Sep 30, 2017 -3.48
Jun 30, 2017 0.15
Mar 31, 2017 -5.25
Dec 31, 2016 0.13
Sep 30, 2016 0.04
Jun 30, 2016 0.58
Mar 31, 2016 -0.72
Dec 31, 2015 0.23
Sep 30, 2015 0.05
Jun 30, 2015 0.05
Mar 31, 2015 -0.05
Dec 31, 2014 0.02
Sep 30, 2014 -0.02
Jun 30, 2014 0.04
Mar 31, 2014 -0.48
Dec 31, 2013 -0.02
Sep 30, 2013 0.04
Jun 30, 2013 0.03
Mar 31, 2013 -2.00
Dec 31, 2012 0.06
Sep 30, 2012 0.01
Jun 30, 2012 0.02
Mar 31, 2012 -0.07
Dec 31, 2011 -0.05
Sep 30, 2011 0.04
Jun 30, 2011 0.03
Mar 31, 2011 -3.00
Dec 31, 2010 0.01
Sep 30, 2010 -0.05
Jun 30, 2010 0.03
Mar 31, 2010 -0.27
Dec 31, 2009 -0.04
Sep 30, 2009 0.04