Tenet Healthcare THC Return on invested capital

Return on invested capital at other companies

Universal Health ServicesUHS

12.9%+1.3pp

HCA HealthcareHCA

20.1%+0.3pp

Community Health SystemsCYH

13.1%+4.6pp

Nutex Health Inc.NUTX

57.2%+8.9pp

Surgery Partners, Inc.SGRY

6.1%+0.6pp

ARD

Ardent Health PartnersARDT

14.6%—

FAQ

What is Tenet Healthcare's return on invested capital?

Tenet Healthcare (THC) reported return on invested capital of 30% in Q2 2026.

How has Tenet Healthcare's return on invested capital changed year-over-year?

Tenet Healthcare's return on invested capital increased by 14.0% year-over-year, from 26.3% to 30%.

What is the long-term trend for Tenet Healthcare's return on invested capital?

Over 3 years (2022 to 2025), Tenet Healthcare's return on invested capital has grown at a 27.0% compound annual growth rate (CAGR), from 10.6% to 21.7%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.