Tenet Healthcare (THC) Invested Capital (2009 - 2026)

Tenet Healthcare (THC) posted Invested Capital of $18.0 billion for Q1 2026, up 3.63% sequentially from $17.4 billion in Q4 2025, and down 5.38% YoY from $19.0 billion in Q1 2025.

Tenet Healthcare (THC) Invested Capital (2009 - 2026) Analysis & Trends

Tenet Healthcare (THC) has 18 years of Invested Capital data on file, last reported at $18.0 billion in Q1 2026.

  • Quarterly Invested Capital fell 5.38% year-over-year to $18.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.0 billion (down 5.38% YoY) and the FY2025 annual result came in at $17.4 billion, down 8.43% from the prior year.
  • Invested Capital advanced to $18.0 billion in Q1 2026 per THC's latest filing, from $17.4 billion in the prior quarter.
  • The five-year high for Invested Capital was $19.0 billion in Q1 2025, with the low at $16.9 billion in Q1 2022.
  • Average Invested Capital over 5 years is $17.9 billion, with a median of $17.8 billion recorded in 2024.
  • Year-over-year, Invested Capital grew 11.61% in 2022 and fell 8.43% in 2025.
  • Tenet Healthcare's Invested Capital stood at $17.5 billion in 2022, then rose by 3.31% to $18.1 billion in 2023, then rose by 4.82% to $19.0 billion in 2024, then declined by 8.43% to $17.4 billion in 2025, then grew by 3.63% to $18.0 billion in 2026.
  • Business Quant data shows THC's Invested Capital at $18.0 billion in Q1 2026, $17.4 billion in Q4 2025, and $17.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 5.55 Bn
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 847.99 Mn
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 18.02 Bn
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn -363.69 Mn
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 5.88 Bn
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 2.37 Bn
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 12.23 Bn
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 1.05 Bn
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 783.07 Mn
10 Brookdale Senior Living 3.76 Bn 3.50 Bn 727.83 Mn 4.25 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.02 Bn
Dec 31, 2025 17.39 Bn
Sep 30, 2025 17.20 Bn
Jun 30, 2025 18.65 Bn
Mar 31, 2025 19.05 Bn
Dec 31, 2024 18.99 Bn
Sep 30, 2024 18.30 Bn
Jun 30, 2024 17.93 Bn
Mar 31, 2024 17.82 Bn
Dec 31, 2023 18.12 Bn
Sep 30, 2023 17.92 Bn
Jun 30, 2023 17.77 Bn
Mar 31, 2023 17.66 Bn
Dec 31, 2022 17.54 Bn
Sep 30, 2022 17.60 Bn
Jun 30, 2022 17.19 Bn
Mar 31, 2022 16.91 Bn
Dec 31, 2021 17.70 Bn
Sep 30, 2021 15.77 Bn
Jun 30, 2021 16.39 Bn