Tenet Healthcare (THC) Market Capitalization (2009 - 2026)
Tenet Healthcare (THC) posted Market Capitalization of $20.34 billion for Q3 2026, up 14.0% from $17.84 billion a year earlier and up 35.0% from the prior quarter.
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Analysis
Tenet Healthcare (THC) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Tenet Healthcare's Market Capitalization came in at $17.28 billion, up 43.9% from FY2024.
- Annual Market Capitalization has increased for three consecutive years, with a five-year compound annual growth rate of 32.4% (FY2020 to FY2025).
- In prior years, Tenet Healthcare's Market Capitalization was $12.01 billion in FY2024 (+58.9%), $7.56 billion in FY2023 (+51.4%), $4.99 billion in FY2022 (-43.1%) and $8.77 billion in FY2021 (+106.9%).
- The Q3 2026 figure stands as the highest quarterly Market Capitalization in data going back to Q2 2009.
- On a year-over-year basis, Market Capitalization increased in seven of the last eight quarters, with growth averaging 25.0%.
- The strongest year-over-year quarter for Market Capitalization in the past five years was Q3 2024, with growth of 136.2%; the weakest was Q4 2022, with a decline of 43.1%.
- According to Business Quant data, Market Capitalization for the three prior quarters was $15.06 billion (Q2 2026), $16.25 billion (Q1 2026) and $17.28 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - |
| 10 | Universal Health Services | 11.68 Bn | 11.18 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.34 Bn |
| Jun 30, 2026 | 15.06 Bn |
| Mar 31, 2026 | 16.25 Bn |
| Dec 31, 2025 | 17.28 Bn |
| Sep 30, 2025 | 17.84 Bn |
| Jun 30, 2025 | 15.55 Bn |
| Mar 31, 2025 | 12.49 Bn |
| Dec 31, 2024 | 12.01 Bn |
| Sep 30, 2024 | 15.81 Bn |
| Jun 30, 2024 | 12.75 Bn |
| Mar 31, 2024 | 10.27 Bn |
| Dec 31, 2023 | 7.56 Bn |
| Sep 30, 2023 | 6.69 Bn |
| Jun 30, 2023 | 8.26 Bn |
| Mar 31, 2023 | 6.06 Bn |
| Dec 31, 2022 | 4.99 Bn |
| Sep 30, 2022 | 5.58 Bn |
| Jun 30, 2022 | 5.67 Bn |
| Mar 31, 2022 | 9.26 Bn |
| Dec 31, 2021 | 8.77 Bn |
API Access
Tenet Healthcare Market Capitalization 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=market-capitalization&ticker=THC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();