Tenet Healthcare (THC) Minority Interest (2009 - 2026)
Tenet Healthcare (THC) reported Minority Interest of $2.18 billion for Q3 2026, down 25.3% from $2.92 billion a year earlier but up 1.7% from the prior quarter.
Tenet Healthcare (THC) Minority Interest (2009 - 2026) Analysis & Trends
At the end of FY2025, Tenet Healthcare posted Minority Interest of $2.96 billion, up 8.4% from FY2024.
- Minority Interest has increased for three consecutive years, with a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- By year, Minority Interest came in at $2.73 billion in FY2024 (+14.1%), $2.39 billion in FY2023 (+11.3%), $2.15 billion in FY2022 (-2.5%) and $2.2 billion in FY2021 (+12.9%).
- Five-year quarterly Minority Interest spans a low of $2 billion in Q2 2022 and a high of $2.96 billion in Q4 2025.
- Year over year, Minority Interest has now declined in each of the last three quarters, with an average decline of 4.7% over the last eight quarters.
- The high point for year-over-year Minority Interest in five years was Q2 2024 (growth of 23.5%); the low point was Q3 2026 (a decline of 25.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $2.14 billion (Q2 2026), $2.14 billion (Q1 2026) and $2.96 billion (Q4 2025).
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
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.18 Bn |
| Jun 30, 2026 | 2.14 Bn |
| Mar 31, 2026 | 2.14 Bn |
| Dec 31, 2025 | 2.96 Bn |
| Sep 30, 2025 | 2.92 Bn |
| Jun 30, 2025 | 2.83 Bn |
| Mar 31, 2025 | 2.78 Bn |
| Dec 31, 2024 | 2.73 Bn |
| Sep 30, 2024 | 2.65 Bn |
| Jun 30, 2024 | 2.81 Bn |
| Mar 31, 2024 | 2.73 Bn |
| Dec 31, 2023 | 2.39 Bn |
| Sep 30, 2023 | 2.30 Bn |
| Jun 30, 2023 | 2.28 Bn |
| Mar 31, 2023 | 2.23 Bn |
| Dec 31, 2022 | 2.15 Bn |
| Sep 30, 2022 | 2.07 Bn |
| Jun 30, 2022 | 2.00 Bn |
| Mar 31, 2022 | 2.36 Bn |
| Dec 31, 2021 | 2.20 Bn |
Tenet Healthcare Minority Interest 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=minority-interest&ticker=THC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();