KPIs & Operating Metrics(New)
Growth Metrics

Tenet Healthcare (THC) Operating Income (2009 - 2026)

Tenet Healthcare recorded quarterly Operating Income of $1.3 billion in Q1 2026, up 51.93% quarter-over-quarter from $853.0 million in Q4 2025, and up 37.43% year-over-year from $943.0 million in Q1 2025.

Tenet Healthcare's Operating Income history runs 18 years deep, the most recent figure standing at $1.3 billion for Q1 2026.

  • In Q1 2026, Operating Income rose 37.43% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $3.9 billion (up 6.83% YoY), while the FY2025 annual figure was $3.5 billion, down 41.1% from the prior year.
  • Operating Income came in at $1.3 billion for Q1 2026 at Tenet Healthcare, up from $853.0 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $3.3 billion in Q1 2024 to a low of $536.0 million in Q4 2022.
  • A 5-year average of $917.8 million and a median of $761.0 million in 2024 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income jumped 444.78% in 2024 and sank 71.29% in 2025, its largest moves.
  • Tenet Healthcare's Operating Income stood at $536.0 million in 2022, then surged by 37.13% to $735.0 million in 2023, then rose by 11.7% to $821.0 million in 2024, then advanced by 3.9% to $853.0 million in 2025, then surged by 51.93% to $1.3 billion in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $1.3 billion, $853.0 million, and $889.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn -566.00 Mn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 1.30 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 481.89 Mn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 59.70 Mn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 124.85 Mn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 502.86 Mn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 2.13 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 84.58 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 120.04 Mn
10 Option Care Health 3.27 Bn 3.09 Bn 262.01 Mn 72.55 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 1.30 Bn
Dec 31, 2025 853.00 Mn
Sep 30, 2025 889.00 Mn
Jun 30, 2025 823.00 Mn
Mar 31, 2025 943.00 Mn
Dec 31, 2024 821.00 Mn
Sep 30, 2024 1.09 Bn
Jun 30, 2024 761.00 Mn
Mar 31, 2024 3.29 Bn
Dec 31, 2023 735.00 Mn
Sep 30, 2023 568.00 Mn
Jun 30, 2023 604.00 Mn
Mar 31, 2023 603.00 Mn
Dec 31, 2022 536.00 Mn
Sep 30, 2022 596.00 Mn
Jun 30, 2022 553.00 Mn
Mar 31, 2022 648.00 Mn
Dec 31, 2021 751.00 Mn
Sep 30, 2021 1.01 Bn
Jun 30, 2021 586.00 Mn
Mar 31, 2021 520.00 Mn
Dec 31, 2020 920.00 Mn
Sep 30, 2020 271.00 Mn
Jun 30, 2020 471.00 Mn
Mar 31, 2020 327.00 Mn
Dec 31, 2019 454.00 Mn
Sep 30, 2019 302.00 Mn
Jun 30, 2019 400.00 Mn
Mar 31, 2019 381.00 Mn
Dec 31, 2018 394.00 Mn
Sep 30, 2018 320.00 Mn
Jun 30, 2018 406.00 Mn
Mar 31, 2018 517.00 Mn
Dec 31, 2017 485.00 Mn
Sep 30, 2017 51.00 Mn
Jun 30, 2017 310.00 Mn
Mar 31, 2017 267.00 Mn
Dec 31, 2016 280.00 Mn
Sep 30, 2016 339.00 Mn
Jun 30, 2016 274.00 Mn
Mar 31, 2016 37.00 Mn
Dec 31, 2015 1.05 Bn
Sep 30, 2015 14.00 Mn
Jun 30, 2015 164.00 Mn
Mar 31, 2015 290.00 Mn
Dec 31, 2014 -536.00 Mn
Sep 30, 2014 211.00 Mn
Jun 30, 2014 207.00 Mn
Mar 31, 2014 170.00 Mn
Dec 31, 2013 -551.00 Mn
Sep 30, 2013 148.00 Mn
Jun 30, 2013 202.00 Mn
Mar 31, 2013 146.00 Mn
Dec 31, 2012 -421.00 Mn
Sep 30, 2012 153.00 Mn
Jun 30, 2012 180.00 Mn
Mar 31, 2012 205.00 Mn
Dec 31, 2011 155.00 Mn
Sep 30, 2011 79.00 Mn
Jun 30, 2011 165.00 Mn
Mar 31, 2011 259.00 Mn
Dec 31, 2010 -414.00 Mn
Sep 30, 2010 97.00 Mn
Jun 30, 2010 171.00 Mn
Mar 31, 2010 201.00 Mn
Dec 31, 2009 -375.00 Mn
Sep 30, 2009 133.00 Mn
Jun 30, 2009 138.00 Mn