Tenet Healthcare (THC) Price to FCF (2010 - 2026)
Tenet Healthcare's (THC) Price to FCF was 4.98 for Q2 2026, down 50.2% from 10.01 a year earlier but up 2.7% from the prior quarter.
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Analysis
Tenet Healthcare (THC) Price to FCF (2010 - 2026) Analysis & Trends
For FY2025, Price to FCF at Tenet Healthcare was 6.83, down 36.5% from FY2024.
- By year, Price to FCF came in at 10.76 in FY2024 (+131.1%), 4.66 in FY2023 (-70.0%), 15.55 in FY2022 (+61.2%) and 9.64 in FY2021 (+552.0%).
- Five-year quarterly Price to FCF spans a low of 4.66 in Q4 2023 and a high of 22.95 in Q3 2022.
- Year over year, Price to FCF has now declined in each of the last three quarters, with growth averaging 23.9% over the last eight quarters.
- The high point for year-over-year Price to FCF in five years was Q1 2022 (growth of 875.1%); the low point was Q3 2023 (a decline of 74.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.85 (Q1 2026), 6.83 (Q4 2025) and 11.88 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn |
| 10 | Davita | 11.19 Bn | 9.96 Bn | 1.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.98 |
| Mar 31, 2026 | 4.85 |
| Dec 31, 2025 | 6.83 |
| Sep 30, 2025 | 11.88 |
| Jun 30, 2025 | 10.01 |
| Mar 31, 2025 | 8.85 |
| Dec 31, 2024 | 10.76 |
| Sep 30, 2024 | 6.60 |
| Jun 30, 2024 | 6.74 |
| Mar 31, 2024 | 5.85 |
| Dec 31, 2023 | 4.66 |
| Sep 30, 2023 | 5.88 |
| Jun 30, 2023 | 8.60 |
| Mar 31, 2023 | 13.11 |
| Dec 31, 2022 | 15.55 |
| Sep 30, 2022 | 22.95 |
| Jun 30, 2022 | 13.70 |
| Mar 31, 2022 | 16.25 |
| Dec 31, 2021 | 9.64 |
| Sep 30, 2021 | 6.26 |
API Access
Tenet Healthcare Price to FCF 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=price-to-fcf&ticker=THC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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=price-to-fcf&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();