Tenet Healthcare Corporation logo THC - Tenet Healthcare Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 26
HOLD 6
SELL 0
STRONG
SELL 0
| PRICE TARGET: $259.50 DETAILS
HIGH: $288.00
LOW: $210.00
MEDIAN: $262.50
CONSENSUS: $259.50
UPSIDE: 49.33%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 21,310 20,665 20,548 19,174 19,485 17,640 18,479 18,313 19,179 19,621 18,634 16,603 11,087 9,119 8,654 8,265 9,014 8,585 8,083 8,453 8,326 8,768 10,052 13,913 12,053 11,414 10,880 9,895 8,691 7,706 3,318 2,967
Cost of Revenue 3,780 12,456 12,743 12,126 12,217 11,409 11,765 11,653 12,385 12,480 11,953 10,653 7,155 5,809 1,548 1,542 5,426 5,290 5,018 5,307 5,323 5,345 0 0 4,280 4,120 3,867 3,446 7,834 6,349 2,695 2,455
Gross Profit 17,530 8,209 7,805 7,048 7,268 6,231 6,714 6,660 6,794 7,141 6,681 5,950 3,932 3,310 7,106 6,723 3,588 3,295 3,065 3,146 3,003 3,423 0 0 7,773 7,294 7,013 6,449 857 1,357 623 512
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 8,705 8,801 418 412 412 403 344 0 0 315 248 234 186 156 0 0 0 0 2,614 2,544 2,881 3,436 12,151 5,529 5,359 5,155 4,640 0 0 0 0 0
Other Expenses 5,386 (6,548) 4,877 4,303 3,985 3,839 4,833 5,023 5,681 5,579 5,356 4,791 3,083 0 2,438 2,259 3,588 3,295 451 695 588 426 949 2,797 2,244 1,935 1,858 1,809 857 1,357 623 512
Operating Expenses 14,091 2,253 5,295 4,715 4,397 4,242 5,177 5,023 5,681 5,894 5,604 5,025 3,269 2,565 6,453 6,089 3,588 3,295 3,065 3,146 3,003 3,423 10,052 13,913 7,773 7,294 7,013 6,449 857 1,357 623 512
Operating Income
Operating Income 3,439 5,956 2,510 2,333 2,871 1,989 1,537 1,637 1,113 1,247 1,077 925 663 749 653 634 596 2,296 2,174 (732) (16) (1,202) (991) 2,094 1,547 1,402 1,302 1,349 414 938 428 314
Interest Expense 821 826 901 890 923 1,003 985 1,004 1,028 979 912 754 474 412 375 424 445 418 439 1,347 932 2,508 2,486 518 1,106 1,164 1,035 607 0 62 479.1 203.8
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 4,484 6,892 3,388 3,076 3,666 2,531 2,155 2,435 1,797 2,077 1,853 1,750 861 1,176 937 962 1,063 843 659 (395) 311 (814) (611) 2,698 2,101 1,935 1,858 1,809 857 1,357 623 512
EBIT 3,621 6,074 2,518 2,235 2,811 1,674 1,305 1,633 927 1,227 1,056 901 316 746 539 582 650 472 323 (732) (16) (1,202) (991) 2,094 1,547 1,402 1,302 1,349 414 938 428 314
Income Before Tax 2,800 5,248 1,617 1,345 1,888 671 320 629 (101) 248 144 147 (158) 334 164 158 205 54 (96) (1,077) (360) (1,559) (1,394) 1,761 1,142 618 474 647 (21) 881 329 359.9
Income Tax Expense 433 1,184 306 344 411 (97) 160 173 219 67 68 49 (65) 125 61 (977) (23) (25) (61) (262) (88) 295 (274) 736 464 278 225 269 52 383 135 144
Net Income 1,407 3,200 611 411 914 399 (215) 104 (704) (192) (140) 12 (134) 152 82 1,143 187 25 (89) (803) (724) (2,806) (1,564) 785 643 302 249 261 (254) 450 183 (425.1)
Per Share Data
EPS (Basic) 15.61 33.02 6.01 3.84 8.55 3.80 -2.24 1.09 -7.00 -1.93 -1.41 0.12 -1.32 1.35 0.49 9.24 1.52 0.20 -0.76 -6.84 -6.16 -24.08 -9.60 6.40 5.36 2.59 2.13 3.28 -2.24 4.16 2.48 -6.77
EPS (Diluted) 15.49 32.70 5.71 3.79 8.42 3.75 -2.24 1.07 -7.00 -1.93 -1.41 0.12 -1.32 1.30 0.48 8.16 1.48 0.20 -0.76 -6.84 -6.16 -24.08 -9.60 6.24 5.25 2.56 2.11 3.24 -2.24 4.08 2.43 -6.77
Shares Outstanding 90.2 96.9 101.6 106.9 106.8 105.0 103.4 102.1 100.6 99.3 99.2 97.8 101.6 104.2 117.2 121.1 120.1 119.1 118.4 117.7 117.2 116.6 116.6 119.9 117.0 116.3 115.0 113.9 77.4 66.3 62.6 62.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 2,883 3,019 1,228 858 2,364 2,446 262 411 611 716 690 507 654 619 40 63 135 31 23 35 89 155 313 141
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 13 16 117 123 90 103 104 123 0 0 0 0 0 0
Net Receivables 2,565 3,054 3,404 3,462 3,306 3,351 3,264 3,093 3,025 3,432 1,197 1,460 2,222 2,415 2,584 2,377 2,386 2,468 2,318 1,742 1,346 1,040 565 445
Inventory 348 346 411 405 384 368 310 305 289 326 153 161 188 224 236 220 223 218 214 193 128 116 55 62
Other Current Assets 2,053 895 1,733 856 769 982 1,245 827 1,648 783 349 481 815 867 644 507 460 678 1,264 911 817 723 788 631
Total Current Assets 7,849 7,682 7,167 5,981 7,075 7,147 5,081 4,636 5,573 5,257 2,472 2,709 3,992 4,248 3,594 3,270 3,594 3,518 2,890 2,391 1,545 1,624 1,444 1,068
Non-Current Assets
Property, Plant & Equipment 6,315 7,086 7,319 7,591 7,429 7,754 7,790 6,993 7,030 8,053 4,313 4,291 4,820 5,557 6,679 6,308 5,894 5,843 6,014 5,490 3,648 3,319 1,764 2,492
Goodwill 11,198 10,691 10,307 10,123 9,261 8,808 7,252 7,281 7,018 7,425 607 609 800 0 3,268 3,319 0 0 0 0 0 0 0 0
Intangible Assets 1,348 1,397 1,368 1,424 1,497 1,600 1,602 1,731 1,766 1,845 379 323 144 2,107 189 166 3,329 3,368 3,414 3,146 2,574 2,511 107 218
Long-Term Investments 2,883 1,806 1,894 1,826 2,028 1,233 1,193 1,227 1,280 984 57 242 155 185 0 360 0 0 0 0 0 0 0 0
Other Non-Current Assets 84 194 180 192 224 239 264 229 263 266 125 31 166 (60) 193 (160) 344 546 515 678 565 464 382 395
Total Non-Current Assets 21,828 21,254 21,145 21,175 20,504 19,959 18,270 17,773 17,812 19,444 5,481 5,465 6,086 8,050 10,329 10,153 9,567 9,757 9,943 9,314 6,787 6,294 2,253 3,105
Total Assets 29,677 28,936 28,312 27,156 27,579 27,106 23,351 22,409 23,385 24,701 7,953 8,174 10,078 12,298 13,923 13,423 13,161 13,275 12,833 11,705 8,332 7,918 3,697 4,173
Current Liabilities
Account Payables 1,360 1,294 1,408 1,504 1,300 1,207 1,204 1,093 1,096 1,188 739 686 937 987 858 803 775 605 713 657 540 530 359 176
Short-Term Debt 79 296 120 145 135 145 171 182 146 191 2 2 41 18 31 35 25 36 45 10 28 120 287 612
Deferred Revenue 0 0 0 110 959 659 61 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,809 2,553 3,009 2,504 2,512 2,588 2,524 2,228 2,755 2,304 469 968 610 669 854 875 758 1,284 1,264 1,041 1,301 891 710 852
Total Current Liabilities 4,463 4,310 4,760 4,476 5,109 4,847 4,205 3,857 4,332 4,034 1,783 1,949 2,130 2,394 2,316 2,226 1,912 1,925 1,767 1,869 1,134 1,356 1,640 913
Non-Current Liabilities
Long-Term Debt 13,092 12,691 14,882 14,934 15,511 15,574 14,580 14,644 14,791 15,064 4,272 4,778 4,395 4,039 3,888 4,321 4,202 5,780 6,391 5,829 5,022 4,421 3,273 223
Deferred Tax Liabilities 0 227 326 217 36 29 27 36 36 279 148 101 311 4 682 546 491 427 423 308 394 301 125 317
Other Non-Current Liabilities 3,149 1,808 2,836 2,908 2,651 2,849 2,592 1,765 1,821 1,849 1,053 1,199 1,562 1,500 1,144 1,029 994 1,054 1,048 1,256 1,282 1,097 1,002 389
Total Non-Current Liabilities 16,241 16,079 18,044 18,072 18,213 19,370 17,157 16,445 16,648 17,192 5,473 6,122 6,216 5,543 5,714 5,896 7,183 7,261 7,508 6,612 4,562 4,576 737 1,508
Total Liabilities 20,704 20,389 22,804 22,548 23,322 24,217 21,362 20,302 20,980 21,226 7,256 8,071 8,346 7,937 8,030 8,122 9,095 9,186 9,275 8,481 5,696 5,932 2,377 2,421
Stockholders' Equity
Common Stock 8 8 8 8 8 7 7 7 7 7 27 26 26 26 3,486 25 24 24 0 0 0 0 0 0
Retained Earnings 4,415 3,008 (192) (803) (1,214) (2,128) (2,467) (2,236) (2,390) (1,742) (2,665) (2,852) (930) 1,710 3,708 2,514 1,627 1,573 1,080 819 1,090 740 575 1,019
Accumulated Other Comprehensive Income (181) (180) (181) (181) (233) (281) (257) (223) (204) (258) (32) (37) (13) (8) (16) (44) (70) 2,562 (1,765) (1,432) (950) (824) (772) (822)
Total Stockholders' Equity 4,220 4,171 1,608 1,142 1,028 28 (371) (119) (147) 417 646 103 1,732 4,361 5,893 5,301 4,066 4,089 3,558 3,224 2,636 1,986 1,320 1,752
Total Liabilities & Equity 29,677 28,936 28,312 27,156 27,579 27,106 23,351 22,409 23,385 24,701 7,953 8,174 10,078 12,298 13,923 13,423 13,161 13,275 12,833 11,705 8,332 7,918 3,697 4,173
Debt Metrics
Total Debt 13,171 14,327 15,002 15,079 15,646 15,719 14,751 14,826 14,937 15,255 4,274 4,780 4,436 4,057 3,919 4,356 4,227 5,816 6,436 5,839 5,050 4,541 3,560 835
Net Debt 10,288 11,308 13,774 14,221 13,282 13,273 14,489 14,415 14,326 14,539 3,584 4,273 3,782 3,438 3,879 4,293 4,165 5,785 6,407 5,816 5,015 4,434 3,405 522
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 1,407 4,064 1,311 1,001 1,476 768 171 459 (320) 176 (288) (2,806) (1,477) 785 785 643 321 249 378 (207) 473 203 (485.1)
Depreciation & Amortization 886 818 870 841 855 857 850 802 870 850 327 388 380 604 604 554 533 556 460 443 419 195 198
Stock-Based Compensation 104 67 66 56 56 44 42 46 59 68 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (44) 136 71 (1,143) (737) 1,592 (318) (364) (1,505) (1,706) (46) (988) (855) (711) (711) (527) (1,196) (1,447) (1,028) (998) (940) (70) (119)
Other Non-Cash Items 1,187 (2,935) 4 119 (332) 274 344 (41) 1,896 1,129 832 3,869 3,353 1,547 1,547 1,100 1,209 1,123 462 1,385 150 (430) 806.1
Operating Cash Flow 3,540 2,047 2,374 1,083 1,568 3,407 1,233 1,049 1,200 558 763 (82) 838 2,315 1,818 869 582 403 404 195 (7) 147 398
Investing Activities
Capital Expenditure (1,010) (931) (751) (762) (658) (540) (670) (617) (707) (875) (578) (558) (872) (889) (630) (657) (1,238) (1,213) (406) (370) (1,693) (185) (319)
Acquisitions (308) (571) (224) (234) (1,220) (1,177) (25) (113) (50) (156) 0 0 (39) (324) (324) 0 0 0 0 0 0 0 0
Purchases of Investments 0 (94) (104) (92) (108) (44) (62) (148) (81) 0 (43) (3) (107) 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 63 50 76 31 59 82 199 36 62 90 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 43 4,962 60 204 1,241 94 56 564 823 539 139 549 646 (14) (14) 56 621 91 130 (719) (328) 180 571
Investing Cash Flow (1,275) 3,429 (969) (808) (714) (1,608) (619) (115) 21 (430) (392) (12) (333) (1,227) (1,227) (574) (36) (1,147) (1,083) (1,125) (800) (1,513) 386
Financing Activities
Net Debt Issuance (96) (2,220) (172) (828) (349) 525 (482) (289) (406) 606 335 119 102 0 (641) (1,558) (787) 549 587 605 (29) 1,354 (337)
Stock Repurchased (1,437) (672) (200) (250) 0 0 0 0 0 0 0 0 (208) (715) (715) 0 0 0 0 0 0 0 (19)
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (868) (793) (663) (703) (587) (163) (293) (845) (982) (374) 1 8 5 (1,112) (50) (28) 15 (14) (16) (23) (5) 8 16
Financing Cash Flow (2,401) (3,685) (1,035) (1,781) (936) 385 (763) (1,134) (1,326) 232 348 129 (96) (1,112) (1,112) (1,317) (727) 571 668 653 398 1,362 (361)
Cash Position
Net Change in Cash (136) 1,791 370 (1,506) (82) 2,184 (149) (200) (105) 360 719 35 409 (24) (73) 106 6 (12) (68) (66) (158) 172 27
Cash at Beginning 3,019 1,228 858 2,364 2,446 262 411 611 716 356 654 619 210 62 135 29 23 35 103 155 313 141 114
Cash at End 2,883 3,019 1,228 858 2,364 2,446 262 411 611 716 1,373 654 619 38 62 135 29 23 35 89 155 313 141
Free Cash Flow 2,530 1,116 1,623 321 910 2,867 563 432 493 (317) 185 (640) (34) 1,426 1,188 212 (656) (810) (2) (175) (1,700) (38) 79
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 21,310 20,665 20,548 19,174 19,485 17,640 18,479 18,313 19,179 19,621 18,634 16,603 11,087 9,119 8,654 8,265 9,014 8,585 8,083 8,453 8,326 8,768 10,052 13,913 12,053 11,414 10,880 9,895 8,691 7,706 3,318 2,967
Gross Profit 17,530 8,209 7,805 7,048 7,268 6,231 6,714 6,660 6,794 7,141 6,681 5,950 3,932 3,310 7,106 6,723 3,588 3,295 3,065 3,146 3,003 3,423 0 0 7,773 7,294 7,013 6,449 857 1,357 623 512
Operating Income 3,439 5,956 2,510 2,333 2,871 1,989 1,537 1,637 1,113 1,247 1,077 925 663 749 653 634 596 2,296 2,174 (732) (16) (1,202) (991) 2,094 1,547 1,402 1,302 1,349 414 938 428 314
Net Income 1,407 3,200 611 411 914 399 (215) 104 (704) (192) (140) 12 (134) 152 82 1,143 187 25 (89) (803) (724) (2,806) (1,564) 785 643 302 249 261 (254) 450 183 (425.1)
EPS (Diluted) 15.49 32.70 5.71 3.79 8.42 3.75 -2.24 1.07 -7.00 -1.93 -1.41 0.12 -1.32 1.30 0.48 8.16 1.48 0.20 -0.76 -6.84 -6.16 -24.08 -9.60 6.24 5.25 2.56 2.11 3.24 -2.24 4.08 2.43 -6.77
Balance Sheet
Cash & Equivalents 2,883 3,019 1,228 858 2,364 2,446 262 411 611 716 690 507 654 619 40 63 135 31 23 35 89 155 313 141
Total Assets 29,677 28,936 28,312 27,156 27,579 27,106 23,351 22,409 23,385 24,701 7,953 8,174 10,078 12,298 13,923 13,423 13,161 13,275 12,833 11,705 8,332 7,918 3,697 4,173
Total Debt 13,171 14,327 15,002 15,079 15,646 15,719 14,751 14,826 14,937 15,255 4,274 4,780 4,436 4,057 3,919 4,356 4,227 5,816 6,436 5,839 5,050 4,541 3,560 835
Stockholders' Equity 4,220 4,171 1,608 1,142 1,028 28 (371) (119) (147) 417 646 103 1,732 4,361 5,893 5,301 4,066 4,089 3,558 3,224 2,636 1,986 1,320 1,752
Cash Flow
Operating Cash Flow 3,540 2,047 2,374 1,083 1,568 3,407 1,233 1,049 1,200 558 763 (82) 838 2,315 1,818 869 582 403 404 195 (7) 147 398
Capital Expenditure (1,010) (931) (751) (762) (658) (540) (670) (617) (707) (875) (578) (558) (872) (889) (630) (657) (1,238) (1,213) (406) (370) (1,693) (185) (319)
Free Cash Flow 2,530 1,116 1,623 321 910 2,867 563 432 493 (317) 185 (640) (34) 1,426 1,188 212 (656) (810) (2) (175) (1,700) (38) 79