Tenet Healthcare (THC) | Financial Analysis & Statements

Tenet Healthcare Corporation | Large-cap | Healthcare

$171.50

-0.42%

Tenet Healthcare vs HCA Healthcare Tenet Healthcare vs Brookdale Senior Tenet Healthcare vs Encompass Health Tenet Healthcare vs Universal Health Tenet Healthcare vs DaVita Tenet Healthcare vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 20.7B

Gross Profit 17.0B 82.35%

Operating Income 2.9B 14.12%

Net Income 4.1B 19.67%

EPS (Diluted) $32.70

Balance Sheet Metrics

Total Assets 28.9B

Total Liabilities 20.4B

Shareholders Equity 8.5B

Debt to Equity 2.39

Cash Flow Metrics

Operating Cash Flow 5.0B

Free Cash Flow 1.1B

Revenue & Profitability Trend

Tenet Healthcare Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	20.7B	20.5B	19.2B	19.5B	17.6B
Cost of Goods Sold	3.6B	3.6B	3.3B	3.3B	3.0B
Gross Profit	17.0B	17.0B	15.9B	16.2B	14.7B
Operating Expenses	13.3B	13.6B	12.6B	12.9B	11.7B
Operating Income	2.9B	2.4B	2.4B	2.4B	2.1B
Pre-tax Income	5.2B	1.6B	1.3B	1.9B	671.0M
Income Tax	1.2B	306.0M	344.0M	411.0M	-97.0M
Net Income	4.1B	1.3B	1.0B	1.5B	768.0M
EPS (Diluted)	$32.70	$5.71	$3.79	$8.42	$3.75

Income Statement Trend

Tenet Healthcare Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	7.7B	7.2B	6.0B	7.1B	7.1B
Non-Current Assets	21.3B	21.1B	21.2B	20.5B	20.0B
Total Assets	28.9B	28.3B	27.2B	27.6B	27.1B
Liabilities
Current Liabilities	4.3B	4.8B	4.5B	5.1B	4.8B
Non-Current Liabilities	16.1B	18.0B	18.1B	18.2B	19.4B
Total Liabilities	20.4B	22.8B	22.5B	23.3B	24.2B
Equity
Total Shareholders Equity	8.5B	5.5B	4.6B	4.3B	2.9B

Balance Sheet Composition

Tenet Healthcare Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	4.1B	1.3B	1.0B	1.5B	768.0M
Operating Cash Flow	5.0B	2.4B	997.0M	1.9B	2.9B
Investing Activities
Capital Expenditures	4.0B	-680.0M	-552.0M	590.0M	-463.0M
Investing Cash Flow	3.4B	-969.0M	-808.0M	-714.0M	-1.6B
Financing Activities
Dividends Paid	-	-	-	-	-
Financing Cash Flow	-3.7B	-1.0B	-1.8B	-936.0M	-355.0M
Free Cash Flow	1.1B	1.6B	321.0M	910.0M	2.9B

Cash Flow Trend

Tenet Healthcare Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 10.85

Forward P/E 14.76

Price to Book 3.76

Price to Sales 0.77

PEG Ratio 14.76

Profitability Ratios

Profit Margin 7.09%

Operating Margin 18.88%

Return on Equity 28.82%

Return on Assets 7.26%

Financial Health

Current Ratio 1.78

Debt to Equity 152.20

Beta 1.67

Per Share Data

EPS (TTM) $15.59

Book Value per Share $45.01

Revenue per Share $214.71

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
thc	15.7B	10.85	3.76	28.82%	7.09%	152.20
HCA Healthcare	90.8B	16.75	-210.13	1,605.77%	8.07%	-106.02
Encompass Health	12.1B	24.74	5.62	24.58%	8.97%	92.01
Universal Health	11.2B	9.78	1.65	18.47%	7.44%	73.98
DaVita	10.3B	13.53	6.52	54.79%	6.63%	742.20

Financial data is updated regularly. All figures are in the company's reporting currency.