Tenet Healthcare (THC) Payables (2009 - 2026)
Tenet Healthcare (THC) reported Payables of $1.39 billion for Q3 2026, up 2.3% from $1.36 billion a year earlier and up 1.2% from the prior quarter.
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Analysis
Tenet Healthcare (THC) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Tenet Healthcare posted Payables of $1.36 billion, up 5.1% from FY2024.
- Payables has a five-year compound annual growth rate of 2.4% (FY2020 to FY2025).
- By year, Payables came in at $1.29 billion in FY2024 (-8.1%), $1.41 billion in FY2023 (-6.4%), $1.5 billion in FY2022 (+15.7%) and $1.3 billion in FY2021 (+7.7%).
- The Q3 2026 figure ranks as the highest quarterly Payables since Q4 2023.
- Year over year, Payables has now increased in each of the last six quarters, with growth averaging 1.8% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q4 2022 (growth of 15.7%); the low point was Q4 2024 (a decline of 8.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.37 billion (Q2 2026), $1.34 billion (Q1 2026) and $1.36 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 5.10 Bn |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | 200.47 Mn |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 738.00 Mn |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 1.64 Bn |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 1.39 Bn |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | 102.51 Mn |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 1.23 Bn |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | 70.51 Mn |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 231.40 Mn |
| 10 | Davita | 12.21 Bn | 9.59 Bn | 1.13 Bn | 662.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.39 Bn |
| Jun 30, 2026 | 1.37 Bn |
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 1.36 Bn |
| Sep 30, 2025 | 1.36 Bn |
| Jun 30, 2025 | 1.36 Bn |
| Mar 31, 2025 | 1.33 Bn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 1.27 Bn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.41 Bn |
| Sep 30, 2023 | 1.20 Bn |
| Jun 30, 2023 | 1.25 Bn |
| Mar 31, 2023 | 1.19 Bn |
| Dec 31, 2022 | 1.50 Bn |
| Sep 30, 2022 | 1.24 Bn |
| Jun 30, 2022 | 1.08 Bn |
| Mar 31, 2022 | 1.11 Bn |
| Dec 31, 2021 | 1.30 Bn |
API Access
Tenet Healthcare Payables 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=payables&ticker=THC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();