TENET HEALTHCARE CORP (THC) capitalization

Current snapshot

Market Cap
$16.25B
86.1M shares × $188.71 · as of last filing 2026-03-31
Net Worth
$4.81B
Stockholders' equity · 2026-03-31
Enterprise Value
$26.74B
Market cap + debt − cash
Net Debt
$10.48B
Debt $13.45B − Cash $2.97B

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $18.05B
FY'24 2024-12-31 $12.36B
FY'23 2023-12-31 $7.92B
FY'22 2022-12-31 $5.39B
FY'21 2021-12-31 $8.87B
FY'20 2020-12-31 $4.24B
FY'19 2019-12-31 $3.93B
FY'18 2018-12-31 $1.78B
FY'17 2017-12-31 $1.52B
FY'16 2016-12-31 $1.47B
FY'15 2015-12-31 $3.00B
FY'14 2014-12-31 $5.08B
FY'13 2013-12-31 $4.28B
FY'12 2012-12-31 $3.54B
FY'11 2011-12-31 $622.2M
FY'10 2010-12-31 $937.7M
FY'10 2009-12-31 $2.73B
FY'10 2008-12-31 $550.4M

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q1'26 2026-03-31 $16.53B
Q4'25 2025-12-31 $17.28B
Q3'25 2025-09-30 $17.99B
Q2'25 2025-06-30 $16.16B
Q1'25 2025-03-31 $12.78B
Q4'24 2024-12-31 $12.01B
Q3'24 2024-09-30 $16.06B
Q2'24 2024-06-30 $13.10B
Q1'24 2024-03-31 $10.57B
Q4'23 2023-12-31 $7.56B
Q3'23 2023-09-30 $6.88B
Q2'23 2023-06-30 $8.53B
Q1'23 2023-03-31 $6.30B
Q4'22 2022-12-31 $4.99B
Q3'22 2022-09-30 $5.67B
Q2'22 2022-06-30 $5.72B
Q1'22 2022-03-31 $9.63B
Q4'21 2021-12-31 $8.77B
Q3'21 2021-09-30 $7.23B
Q2'21 2021-06-30 $7.27B
Q1'21 2021-03-31 $5.62B
Q4'20 2020-12-31 $4.24B
Q3'20 2020-09-30 $2.58B
Q2'20 2020-06-30 $1.91B
Q1'20 2020-03-31 $1.52B
Q4'19 2019-12-31 $3.97B
Q3'19 2019-09-30 $2.29B
Q2'19 2019-06-30 $2.16B
Q1'19 2019-03-31 $2.96B
Q4'18 2018-12-31 $1.76B
Q3'18 2018-09-30 $2.91B
Q2'18 2018-06-30 $3.50B
Q1'18 2018-03-31 $2.49B
Q4'17 2017-12-31 $1.53B
Q3'17 2017-09-30 $1.66B
Q2'17 2017-06-30 $1.95B
Q1'17 2017-03-31 $1.77B
Q4'16 2016-12-31 $1.48B
Q3'16 2016-09-30 $2.26B
Q2'16 2016-06-30 $2.75B
Q1'16 2016-03-31 $2.86B
Q4'15 2015-12-31 $2.99B
Q3'15 2015-09-30 $3.67B
Q2'15 2015-06-30 $5.74B
Q1'15 2015-03-31 $4.99B
Q4'14 2014-12-31 $4.99B
Q3'14 2014-09-30 $5.99B
Q2'14 2014-06-30 $4.58B
Q1'14 2014-03-31 $4.16B
Q4'13 2013-12-31 $4.09B
Q3'13 2013-09-30 $4.25B
Q2'13 2013-06-30 $4.75B
Q1'13 2013-03-31 $4.95B
Q4'12 2012-12-31 $3.39B
Q3'12 2012-09-30 $672.8M
Q2'12 2012-06-30 $560.3M
Q1'12 2012-03-31 $643.7M
Q4'11 2011-12-31 $2.10B
Q3'11 2011-09-30 $496.9M
Q2'11 2011-06-30 $3.14B
Q1'11 2011-03-31 $4.21B
Q4'10 2010-12-31 $3.25B
Q3'10 2010-09-30 $2.64B
Q2'10 2010-06-30 $2.18B
Q1'11 2010-03-31 $3.20B
Q4'10 2009-12-31 $2.73B
Q3'10 2009-09-30 $2.93B
Q2'10 2009-06-30 $1.38B

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (THC CIK 0000070318), tagged with the us-gaap and dei taxonomies. Filing-anchored figures are rendered server-side: the market cap and enterprise value tiles use the split-adjusted close on the latest reported period-end × shares outstanding, so they reconcile with the equity / debt / cash figures from that same filing. The two price-anchored tiles (market cap + enterprise value) re-anchor on the most recent daily close in the browser when JavaScript is enabled; shares outstanding and debt / cash stay filing-anchored, so the EV bridge still uses the latest statement of financial position. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.

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