Tenet Healthcare (THC) Return on Equity [ROE] (2010 - 2026)
Tenet Healthcare's Return on Equity [ROE] was 54.59% in Q3 2026, up 13.83 percentage points from 40.77% a year earlier and up 6.76 percentage points from the prior quarter.
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Analysis
Tenet Healthcare (THC) Return on Equity [ROE] (2010 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Tenet Healthcare came in at 39.99%, down 50.95 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of -71.80 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 90.95% in FY2024 (+43.92 pp), 47.02% in FY2023 (+2.66 pp), 44.36% in FY2022 (-54.34 pp) and 98.70% in FY2021 (-13.09 pp).
- The Q3 2026 figure marks the highest quarterly Return on Equity [ROE] since Q4 2024.
- Compared with a year earlier, Return on Equity [ROE] has increased for three straight quarters, with an average year-over-year change of -11.08 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q1 2024 (a gain of 42.74 percentage points); the worst was Q3 2022 (a drop of 64.74 percentage points).
- Per Business Quant data, THC's Return on Equity [ROE] in the three quarters before Q3 2026 was 47.84% (Q2 2026), 41.65% (Q1 2026) and 40.12% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | - |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | -8.92% |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 11.52% |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 14.97% |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 54.59% |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | - |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 19.43% |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | -37.62% |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 24.97% |
| 10 | Davita | 12.21 Bn | 9.59 Bn | 1.13 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 54.59% |
| Jun 30, 2026 | 47.84% |
| Mar 31, 2026 | 41.65% |
| Dec 31, 2025 | 40.12% |
| Sep 30, 2025 | 40.77% |
| Jun 30, 2025 | 42.23% |
| Mar 31, 2025 | 40.22% |
| Dec 31, 2024 | 72.27% |
| Sep 30, 2024 | 75.33% |
| Jun 30, 2024 | 70.67% |
| Mar 31, 2024 | 83.10% |
| Dec 31, 2023 | 43.74% |
| Sep 30, 2023 | 40.31% |
| Jun 30, 2023 | 42.65% |
| Mar 31, 2023 | 40.37% |
| Dec 31, 2022 | 40.31% |
| Sep 30, 2022 | 49.60% |
| Jun 30, 2022 | 69.83% |
| Mar 31, 2022 | 74.65% |
| Dec 31, 2021 | 80.02% |
API Access
Tenet Healthcare Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=THC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();