Tenet Healthcare (THC) Interest Coverage Ratio (2009 - 2026)

Tenet Healthcare's (THC) quarterly Interest Coverage Ratio came in at 6.32 in Q1 2026, up 36.76% year-on-year from 4.62 in Q1 2025, and up 51.93% quarter-over-quarter from 4.16 in Q4 2025.

Tenet Healthcare (THC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Tenet Healthcare has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 6.32 for Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 6.32, up 36.76% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.7 (up 5.53% YoY), and the FY2025 annual result was 4.27, down 40.74% from the prior year.
  • Interest Coverage Ratio came in at 6.32 for Q1 2026 at Tenet Healthcare, up from 4.16 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 15.07 in Q1 2024 to a low of 2.45 in Q4 2022.
  • The 5-year median for Interest Coverage Ratio is 3.75 (2024), against an average of 4.31.
  • Across the five-year window, Interest Coverage Ratio surged 452.27% in 2024 and tumbled 69.32% in 2025, its largest moves.
  • Tenet Healthcare's Interest Coverage Ratio stood at 2.45 in 2022, then surged by 32.29% to 3.24 in 2023, then rose by 24.91% to 4.04 in 2024, then increased by 2.88% to 4.16 in 2025, then jumped by 51.93% to 6.32 in 2026.
  • The last three Interest Coverage Ratio figures came in at 6.32 (Q1 2026), 4.16 (Q4 2025), and 4.32 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn -0.97
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 6.32
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 3.32
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 1.88
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 64.62
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 13.54
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 18.34
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 165.19
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 18.69
10 Concentra Group Holdings Parent 3.59 Bn 3.54 Bn 170.47 Mn 3.68

Historic Data

Download Data
DateValue
Mar 31, 2026 6.32
Dec 31, 2025 4.16
Sep 30, 2025 4.32
Jun 30, 2025 4.00
Mar 31, 2025 4.62
Dec 31, 2024 4.04
Sep 30, 2024 5.39
Jun 30, 2024 3.75
Mar 31, 2024 15.07
Dec 31, 2023 3.24
Sep 30, 2023 2.50
Jun 30, 2023 2.67
Mar 31, 2023 2.73
Dec 31, 2022 2.45
Sep 30, 2022 2.68
Jun 30, 2022 2.49
Mar 31, 2022 2.85
Dec 31, 2021 3.40
Sep 30, 2021 4.47
Jun 30, 2021 2.49