Tenet Healthcare (THC) Invested Capital (2009 - 2026)
Tenet Healthcare recorded quarterly Invested Capital of $18.0 billion in Q1 2026, up 3.63% quarter-over-quarter from $17.4 billion in Q4 2025, and down 5.38% year-over-year from $19.0 billion in Q1 2025.
Tenet Healthcare's Invested Capital history runs 18 years deep, the most recent figure standing at $18.0 billion for Q1 2026.
- In Q1 2026, Invested Capital fell 5.38% year-over-year to $18.0 billion; the TTM figure through Mar 2026 stood at $18.0 billion (down 5.38% YoY), while the FY2025 annual figure was $17.4 billion, down 8.43% from the prior year.
- Invested Capital came in at $18.0 billion for Q1 2026 at Tenet Healthcare, up from $17.4 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $19.0 billion in Q1 2025 to a low of $16.9 billion in Q1 2022.
- A 5-year average of $17.9 billion and a median of $17.8 billion in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital gained 11.61% in 2022 and slipped 8.43% in 2025, its largest moves.
- Tenet Healthcare's Invested Capital stood at $17.5 billion in 2022, then grew by 3.31% to $18.1 billion in 2023, then grew by 4.82% to $19.0 billion in 2024, then slipped by 8.43% to $17.4 billion in 2025, then advanced by 3.63% to $18.0 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $18.0 billion, $17.4 billion, and $17.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | 5.55 Bn |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 18.02 Bn |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | -363.69 Mn |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 5.88 Bn |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 2.37 Bn |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 12.23 Bn |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 28.06 Bn |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 847.99 Mn |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 1.05 Bn |
| 10 | Option Care Health | 3.27 Bn | 3.09 Bn | 262.01 Mn | 2.51 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 16.25 Bn |
| Dec 31, 2020 | 16.66 Bn |
| Sep 30, 2020 | 16.24 Bn |
| Jun 30, 2020 | 16.52 Bn |
| Mar 31, 2020 | 15.75 Bn |
| Dec 31, 2019 | 15.19 Bn |
| Sep 30, 2019 | 15.47 Bn |
| Jun 30, 2019 | 15.65 Bn |
| Mar 31, 2019 | 15.59 Bn |
| Dec 31, 2018 | 15.45 Bn |
| Sep 30, 2018 | 15.51 Bn |
| Jun 30, 2018 | 15.44 Bn |
| Mar 31, 2018 | 15.51 Bn |
| Dec 31, 2017 | 15.42 Bn |
| Sep 30, 2017 | 15.58 Bn |
| Jun 30, 2017 | 16.21 Bn |
| Mar 31, 2017 | 1.24 Bn |
| Dec 31, 2016 | 16.34 Bn |
| Sep 30, 2016 | 1.35 Bn |
| Jun 30, 2016 | 1.33 Bn |
| Mar 31, 2016 | 1.10 Bn |
| Dec 31, 2015 | 1.09 Bn |
| Sep 30, 2015 | 1.13 Bn |
| Jun 30, 2015 | 1.14 Bn |
| Mar 31, 2015 | 1.08 Bn |
| Dec 31, 2014 | 897.00 Mn |
| Sep 30, 2014 | 964.00 Mn |
| Jun 30, 2014 | 1.50 Bn |
| Mar 31, 2014 | 12.09 Bn |
| Dec 31, 2013 | 11.72 Bn |
| Sep 30, 2013 | 1.05 Bn |
| Jun 30, 2013 | 1.05 Bn |
| Mar 31, 2013 | 1.10 Bn |
| Dec 31, 2012 | 6.47 Bn |
| Sep 30, 2012 | 6.02 Bn |
| Jun 30, 2012 | 1.47 Bn |
| Mar 31, 2012 | 1.82 Bn |
| Dec 31, 2011 | 5.85 Bn |
| Sep 30, 2011 | 5.86 Bn |
| Jun 30, 2011 | 5.99 Bn |
| Mar 31, 2011 | 1.98 Bn |
| Dec 31, 2010 | 5.88 Bn |
| Sep 30, 2010 | 1.77 Bn |
| Jun 30, 2010 | 828.00 Mn |
| Dec 31, 2009 | 699.00 Mn |