Tenet Healthcare (THC) Goodwill & Intangibles (2009 - 2026)
Tenet Healthcare (THC) reported Goodwill & Intangibles of $12.87 billion for Q3 2026, up 2.9% from $12.51 billion a year earlier and up 1.2% from the prior quarter.
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Analysis
Tenet Healthcare (THC) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Tenet Healthcare posted Goodwill & Intangibles of $12.55 billion, up 3.8% from FY2024.
- Goodwill & Intangibles has increased for six consecutive years, with a five-year compound annual growth rate of 3.8% (FY2020 to FY2025).
- By year, Goodwill & Intangibles came in at $12.09 billion in FY2024 (+3.5%), $11.68 billion in FY2023 (+1.1%), $11.55 billion in FY2022 (+7.3%) and $10.76 billion in FY2021 (+3.4%).
- The Q3 2026 figure ranks as the highest quarterly Goodwill & Intangibles in data going back to Q4 2009.
- Year over year, Goodwill & Intangibles has now increased in each of the last 24 quarters, with growth averaging 3.1% over the last eight quarters.
- The year-over-year growth in Goodwill & Intangibles has ranged between 0.8% (Q2 2025) and 12.6% (Q3 2022) over the last five years.
- Per Business Quant data, the three quarters before Q3 2026 came in at $12.72 billion (Q2 2026), $12.7 billion (Q1 2026) and $12.55 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 108.44 Bn | 104.53 Bn | - |
| 2 | Natera | 46.38 Bn | 42.00 Bn | 513.47 Mn |
| 3 | Labcorp Holdings | 30.37 Bn | 28.45 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 28.52 Bn | 26.28 Bn | 1.04 Bn |
| 5 | Tenet Healthcare | 23.21 Bn | 12.51 Bn | - |
| 6 | Guardant Health | 21.35 Bn | 16.97 Bn | 236.15 Mn |
| 7 | Tempus AI | 15.33 Bn | 12.48 Bn | 266.70 Mn |
| 8 | BrightSpring Health Services | 14.30 Bn | 12.05 Bn | 518.55 Mn |
| 9 | Encompass Health | 13.86 Bn | 13.49 Bn | - |
| 10 | Davita | 11.86 Bn | 9.23 Bn | 1.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.87 Bn |
| Jun 30, 2026 | 12.72 Bn |
| Mar 31, 2026 | 12.70 Bn |
| Dec 31, 2025 | 12.55 Bn |
| Sep 30, 2025 | 12.51 Bn |
| Jun 30, 2025 | 12.31 Bn |
| Mar 31, 2025 | 12.19 Bn |
| Dec 31, 2024 | 12.09 Bn |
| Sep 30, 2024 | 11.96 Bn |
| Jun 30, 2024 | 12.21 Bn |
| Mar 31, 2024 | 11.97 Bn |
| Dec 31, 2023 | 11.68 Bn |
| Sep 30, 2023 | 11.82 Bn |
| Jun 30, 2023 | 11.76 Bn |
| Mar 31, 2023 | 11.69 Bn |
| Dec 31, 2022 | 11.55 Bn |
| Sep 30, 2022 | 11.42 Bn |
| Jun 30, 2022 | 10.94 Bn |
| Mar 31, 2022 | 10.84 Bn |
| Dec 31, 2021 | 10.76 Bn |
API Access
Tenet Healthcare Goodwill & Intangibles 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-and-intangibles&ticker=THC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();