Tenet Healthcare (THC) Goodwill (2009 - 2026)
Tenet Healthcare's Goodwill came in at $11.44 billion for Q2 2026, up 4.6% from $10.94 billion a year earlier and up 0.4% from the prior quarter.
Analysis
Tenet Healthcare (THC) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Tenet Healthcare's Goodwill was $11.2 billion, up 4.7% from FY2024.
- Goodwill has increased in each of the last six years, with a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- Going back by year, Goodwill was $10.69 billion in FY2024 (+3.7%), $10.31 billion in FY2023 (+1.8%), $10.12 billion in FY2022 (+9.3%) and $9.26 billion in FY2021 (+5.1%).
- The Q2 2026 figure represents the highest quarterly Goodwill in data going back to Q4 2009.
- Year-over-year, Goodwill has increased for 23 consecutive quarters, with growth averaging 3.6% over the last eight quarters.
- The year-over-year growth in Goodwill has ranged between 1.3% (Q2 2025) and 18.6% (Q3 2021) over the last five years.
- Business Quant data shows THC's Goodwill at $11.39 billion (Q1 2026), $11.2 billion (Q4 2025) and $11.16 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn |
| 10 | BrightSpring Health Services | 11.17 Bn | 9.51 Bn | 492.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.44 Bn |
| Mar 31, 2026 | 11.39 Bn |
| Dec 31, 2025 | 11.20 Bn |
| Sep 30, 2025 | 11.16 Bn |
| Jun 30, 2025 | 10.94 Bn |
| Mar 31, 2025 | 10.79 Bn |
| Dec 31, 2024 | 10.69 Bn |
| Sep 30, 2024 | 10.59 Bn |
| Jun 30, 2024 | 10.80 Bn |
| Mar 31, 2024 | 10.57 Bn |
| Dec 31, 2023 | 10.31 Bn |
| Sep 30, 2023 | 10.42 Bn |
| Jun 30, 2023 | 10.35 Bn |
| Mar 31, 2023 | 10.26 Bn |
| Dec 31, 2022 | 10.12 Bn |
| Sep 30, 2022 | 9.98 Bn |
| Jun 30, 2022 | 9.48 Bn |
| Mar 31, 2022 | 9.35 Bn |
| Dec 31, 2021 | 9.26 Bn |
| Sep 30, 2021 | 8.66 Bn |
API Access
Tenet Healthcare Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=THC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "THC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();