Tenet Healthcare (THC) Return on Capital Employed (2010 - 2026)
Tenet Healthcare (THC) posted Return on Capital Employed of 17.89% for Q2 2026, up 12.54% sequentially from 15.9% in Q1 2026, and up 301.0% YoY from 4.46% in Q2 2025.
Tenet Healthcare (THC) Return on Capital Employed (2010 - 2026) Analysis & Trends
Tenet Healthcare has reported Return on Capital Employed for 17 years, with the latest figure at 17.89% in Q2 2026.
- Quarterly Return on Capital Employed rose 301.0% year-over-year to 17.89% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 17.89% (up 301.0% YoY) and the FY2025 annual result came in at 14.12%, down 1038.0% from the prior year.
- Return on Capital Employed rose to 17.89% in Q2 2026 per THC's latest filing, from 15.9% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 24.68% in Q3 2024 and troughed at 9.99% in Q1 2023.
- A 5-year average of 15.25% and a median of 14.09% in 2025 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2024 and 2025: Return on Capital Employed soared 1461 bps in 2024, then slumped 1050 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 10.3% in 2022, then advanced by 5 bps to 10.82% in 2023, then jumped by 122 bps to 23.97% in 2024, then slumped by 42 bps to 13.98% in 2025, then gained by 28 bps to 17.89% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 17.89%, 15.9%, and 13.98% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | -16.87% |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 17.89% |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 2.50% |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 14.43% |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 9.75% |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 16.45% |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 8.91% |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 28.21% |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 14.52% |
| 10 | Option Care Health | 3.59 Bn | 3.39 Bn | 267.25 Mn | 13.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.89% |
| 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 | 10.82% |
| Sep 30, 2023 | 10.07% |
| Jun 30, 2023 | 10.19% |
| Mar 31, 2023 | 9.99% |
| Dec 31, 2022 | 10.30% |
| Sep 30, 2022 | 11.29% |
| Jun 30, 2022 | 13.32% |
| Mar 31, 2022 | 13.36% |
| Dec 31, 2021 | 13.27% |
| Sep 30, 2021 | 14.57% |