Tenet Healthcare (THC) Return on Capital Employed (2010 - 2026)

Tenet Healthcare (THC) posted Return on Capital Employed of 15.9% for Q1 2026, up 13.67% sequentially from 13.98% in Q4 2025, and up 123.0% YoY from 7.13% in Q1 2025.

Tenet Healthcare (THC) Return on Capital Employed (2010 - 2026) Analysis & Trends

Tenet Healthcare (THC) has 17 years of Return on Capital Employed data on file, last reported at 15.9% in Q1 2026.

  • Quarterly Return on Capital Employed rose 123.0% year-over-year to 15.9% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.9% (up 123.0% YoY) and the FY2025 annual result came in at 14.12%, down 1038.0% from the prior year.
  • Return on Capital Employed improved to 15.9% in Q1 2026 per THC's latest filing, from 13.98% in the prior quarter.
  • The five-year high for Return on Capital Employed was 24.68% in Q3 2024, with the low at 8.76% in Q4 2022.
  • Average Return on Capital Employed over 5 years is 14.91%, with a median of 13.98% recorded in 2025.
  • Year-over-year, Return on Capital Employed soared 1484 bps in 2024 and plunged 1050 bps in 2025.
  • Tenet Healthcare's Return on Capital Employed stood at 8.76% in 2022, then increased by 4 bps to 9.13% in 2023, then surged by 163 bps to 23.97% in 2024, then tumbled by 42 bps to 13.98% in 2025, then rose by 14 bps to 15.9% in 2026.
  • Business Quant data shows THC's Return on Capital Employed at 15.9% in Q1 2026, 13.98% in Q4 2025, and 14.19% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn -18.08%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 26.99%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 15.90%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 14.27%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn -2.33%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 9.57%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 16.52%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 8.38%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn -0.28%
10 Brookdale Senior Living 3.76 Bn 3.50 Bn 727.83 Mn 0.66%

Historic Data

Download Data
DateValue
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%