Tenet Healthcare (THC) Return on Capital Employed (2010 - 2026)
Tenet Healthcare recorded quarterly Return on Capital Employed of 15.9% in Q1 2026, up 13.67% quarter-over-quarter from 13.98% in Q4 2025, and up 123.0% year-over-year from 7.13% in Q1 2025.
Tenet Healthcare's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 15.9% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 123.0% year-over-year to 15.9%; the TTM figure through Mar 2026 stood at 15.9% (up 123.0% YoY), while the FY2025 annual figure was 14.12%, down 1038.0% from the prior year.
- Return on Capital Employed came in at 15.9% for Q1 2026 at Tenet Healthcare, up from 13.98% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 24.68% in Q3 2024 to a low of 8.76% in Q4 2022.
- A 5-year average of 14.91% and a median of 13.98% in 2025 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed soared 1484 bps in 2024 and sank 1050 bps in 2025, its largest moves.
- Tenet Healthcare's Return on Capital Employed stood at 8.76% in 2022, then climbed by 4 bps to 9.13% in 2023, then soared by 163 bps to 23.97% in 2024, then sank by 42 bps to 13.98% in 2025, then grew by 14 bps to 15.9% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 15.9%, 13.98%, and 14.19% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn | -18.08% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 15.90% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 14.27% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | -2.33% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 9.57% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 16.52% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 12.19% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 26.99% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 8.38% |
| 10 | Option Care Health | 3.27 Bn | 3.09 Bn | 262.01 Mn | 12.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.90% |
| Dec 31, 2025 | 13.98% |
| Sep 30, 2025 | 14.19% |
| Jun 30, 2025 | 14.88% |
| Mar 31, 2025 | 14.67% |
| Dec 31, 2024 | 23.97% |
| Sep 30, 2024 | 24.68% |
| Jun 30, 2024 | 22.67% |
| Mar 31, 2024 | 22.39% |
| Dec 31, 2023 | 9.13% |
| Sep 30, 2023 | 10.07% |
| Jun 30, 2023 | 10.19% |
| Mar 31, 2023 | 9.99% |
| Dec 31, 2022 | 8.76% |
| Sep 30, 2022 | 11.29% |
| Jun 30, 2022 | 13.32% |
| Mar 31, 2022 | 13.36% |
| Dec 31, 2021 | 10.94% |
| Sep 30, 2021 | 14.57% |
| Jun 30, 2021 | 10.44% |
| Mar 31, 2021 | 9.74% |
| Dec 31, 2020 | 7.61% |
| Sep 30, 2020 | 7.47% |
| Jun 30, 2020 | 7.99% |
| Mar 31, 2020 | 7.61% |
| Dec 31, 2019 | 6.69% |
| Sep 30, 2019 | 7.63% |
| Jun 30, 2019 | 7.85% |
| Mar 31, 2019 | 7.87% |
| Dec 31, 2018 | 7.43% |
| Sep 30, 2018 | 9.56% |
| Jun 30, 2018 | 7.93% |
| Mar 31, 2018 | 7.28% |
| Dec 31, 2017 | 5.87% |
| Sep 30, 2017 | 4.62% |
| Jun 30, 2017 | 5.95% |
| Mar 31, 2017 | 5.57% |
| Dec 31, 2016 | 4.52% |
| Sep 30, 2016 | 8.58% |
| Jun 30, 2016 | 7.02% |
| Mar 31, 2016 | 6.50% |
| Dec 31, 2015 | 7.94% |
| Sep 30, 2015 | -0.36% |
| Jun 30, 2015 | 0.77% |
| Mar 31, 2015 | 1.19% |
| Dec 31, 2014 | 0.37% |
| Sep 30, 2014 | 0.26% |
| Jun 30, 2014 | -0.20% |
| Mar 31, 2014 | -0.24% |
| Dec 31, 2013 | -0.56% |
| Sep 30, 2013 | 1.00% |
| Jun 30, 2013 | 1.08% |
| Mar 31, 2013 | 1.92% |
| Dec 31, 2012 | 4.53% |
| Sep 30, 2012 | 10.42% |
| Jun 30, 2012 | 9.32% |
| Mar 31, 2012 | 9.06% |
| Dec 31, 2011 | 10.03% |
| Sep 30, 2011 | 1.33% |
| Jun 30, 2011 | 1.57% |
| Mar 31, 2011 | 1.65% |
| Dec 31, 2010 | 0.81% |
| Sep 30, 2010 | 1.45% |