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| Date | Value |
|---|---|
| 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 |