Tenet Healthcare (THC) Interest Coverage Ratio (2009 - 2026)
Tenet Healthcare's (THC) Interest Coverage Ratio came in at 8.62 for Q3 2026, up 99.8% from 4.32 a year earlier and up 17.2% from the prior quarter.
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Analysis
Tenet Healthcare (THC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Interest Coverage Ratio at Tenet Healthcare was 6.61, up 55.7% year-over-year; for FY2025, it was 4.27, down 40.7% from FY2024.
- In prior years, Tenet Healthcare's Interest Coverage Ratio was 7.21 in FY2024 (+158.8%), 2.79 in FY2023 (+6.3%), 2.62 in FY2022 (-15.7%) and 3.11 in FY2021 (+56.9%).
- The Q3 2026 figure stands as the highest quarterly Interest Coverage Ratio since Q1 2024.
- On a year-over-year basis, Interest Coverage Ratio has increased in each of the last four quarters, with growth averaging 20.7% over the last eight quarters.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2024, with growth of 452.3%; the weakest was Q1 2025, with a decline of 69.3%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 7.36 (Q2 2026), 6.32 (Q1 2026) and 4.16 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - | 4.90 |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn | -75.66 |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn | 6.80 |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn | 7.15 |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - | 8.62 |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn | -98.71 |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn | -8.49 |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn | 5.17 |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - | 9.01 |
| 10 | Universal Health Services | 11.68 Bn | 11.18 Bn | - | 12.95 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.62 |
| Jun 30, 2026 | 7.36 |
| 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 |
API Access
Tenet Healthcare Interest Coverage Ratio 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=interest-coverage-ratio&ticker=THC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();