See more : Genesis Technology, Inc. (6221.TWO) Income Statement Analysis – Financial Results
Complete financial analysis of Tenet Healthcare Corporation (THC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Tenet Healthcare Corporation, a leading company in the Medical – Care Facilities industry within the Healthcare sector.
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Tenet Healthcare Corporation (THC)
About Tenet Healthcare Corporation
Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates in three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb-salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, and telemedicine access services. In addition, it operates ambulatory surgery and urgent care centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals; and offers healthcare business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. As of February 09, 2022, the company operated 60 hospitals; and approximately 550 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and other care sites and clinics. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 20.55B | 19.17B | 19.49B | 17.64B | 18.48B | 18.31B | 19.18B | 19.62B | 18.63B | 16.62B | 11.10B | 9.12B | 8.85B | 9.21B | 9.01B | 8.66B | 8.85B | 8.70B | 9.61B | 9.92B | 13.21B | 0.00 | 12.05B | 11.41B | 10.88B | 9.90B | 8.69B | 5.56B | 3.32B | 2.97B | 3.76B | 3.98B | 3.81B | 3.94B | 3.68B | 3.20B | 2.88B | 3.60B |
| Cost of Revenue | 3.59B | 3.27B | 3.33B | 2.98B | 3.06B | 3.00B | 3.09B | 3.12B | 2.96B | 2.63B | 1.78B | 1.55B | 5.66B | 5.48B | 5.43B | 5.34B | 5.54B | 5.47B | 6.16B | 6.05B | 8.16B | 0.00 | 4.28B | 4.12B | 3.87B | 3.45B | 7.83B | 4.46B | 2.70B | 2.46B | 3.16B | 3.28B | 3.07B | 3.25B | 3.09B | 2.68B | 2.38B | 2.52B |
| Gross Profit | 16.96B | 15.90B | 16.16B | 14.66B | 15.42B | 15.31B | 16.09B | 16.50B | 15.67B | 13.99B | 9.32B | 7.57B | 3.19B | 3.73B | 3.59B | 3.32B | 3.32B | 3.23B | 3.45B | 3.87B | 5.06B | 0.00 | 7.77B | 7.29B | 7.01B | 6.45B | 857.00M | 1.10B | 623.00M | 512.00M | 598.80M | 706.00M | 741.00M | 683.00M | 583.00M | 522.00M | 505.00M | 1.08B |
| Gross Profit Ratio | 82.53% | 82.93% | 82.92% | 83.10% | 83.46% | 83.60% | 83.91% | 84.08% | 84.10% | 84.17% | 83.93% | 82.98% | 36.03% | 40.50% | 39.80% | 38.31% | 37.45% | 37.13% | 35.91% | 39.02% | 38.26% | 0.00% | 64.49% | 63.90% | 64.46% | 65.17% | 9.86% | 19.77% | 18.78% | 17.26% | 15.92% | 17.73% | 19.47% | 17.36% | 15.86% | 16.30% | 17.53% | 30.04% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 9.15B | 8.84B | 8.88B | 8.42B | 8.70B | 8.63B | 9.27B | 9.36B | 9.01B | 8.02B | 5.37B | 4.26B | 0.00 | 0.00 | 0.00 | 0.00 | 2.61B | 2.54B | 2.88B | 3.44B | 0.00 | 0.00 | 5.53B | 5.36B | 5.16B | 4.64B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 9.15B | 8.84B | 8.88B | 8.42B | 8.70B | 8.63B | 9.27B | 9.36B | 9.01B | 8.02B | 5.37B | 4.26B | 0.00 | 0.00 | 0.00 | 0.00 | 2.61B | 2.54B | 2.88B | 3.44B | 12.15B | 0.00 | 5.53B | 5.36B | 5.16B | 4.64B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 633.00M |
| Other Expenses | 5.30B | 4.65B | 4.87B | 4.10B | 5.04B | -5.00M | -22.00M | 5.71B | 5.28B | 4.86B | 3.15B | 2.54B | 2.46B | 3.07B | 1.08B | 1.01B | 432.00M | 1.47B | 919.00M | 1.71B | 2.62B | 0.00 | 697.00M | 533.00M | 556.00M | 460.00M | 443.00M | 321.00M | 195.00M | 198.00M | 199.00M | 196.00M | 172.00M | 170.00M | 157.00M | 139.00M | 129.00M | 130.00M |
| Operating Expenses | 14.45B | 13.49B | 13.75B | 12.52B | 13.74B | 13.69B | 14.71B | 15.07B | 14.29B | 12.88B | 8.52B | 6.79B | 2.46B | 3.07B | 1.08B | 3.00B | 3.05B | 4.01B | 3.80B | 5.15B | 14.77B | 0.00 | 6.23B | 5.89B | 5.71B | 5.10B | 443.00M | 321.00M | 195.00M | 198.00M | 199.00M | 196.00M | 172.00M | 170.00M | 157.00M | 139.00M | 129.00M | 763.00M |
| Cost & Expenses | 18.04B | 16.76B | 17.08B | 15.50B | 16.80B | 16.70B | 17.79B | 18.19B | 17.25B | 15.51B | 10.31B | 8.35B | 8.12B | 8.55B | 6.51B | 8.35B | 8.58B | 9.48B | 9.96B | 11.20B | 14.77B | 0.00 | 10.51B | 10.01B | 9.58B | 8.55B | 8.28B | 4.78B | 2.89B | 2.65B | 3.36B | 3.47B | 3.24B | 3.42B | 3.25B | 2.82B | 2.51B | 3.28B |
| Interest Income | 0.00 | 890.00M | 923.00M | 1.00B | 985.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 22.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 901.00M | 890.00M | 923.00M | 1.00B | 985.00M | 1.00B | 1.03B | 979.00M | 912.00M | 754.00M | 474.00M | 412.00M | 375.00M | 424.00M | 445.00M | 418.00M | 439.00M | 1.35B | 932.00M | 2.51B | 2.49B | 0.00 | 518.00M | 1.11B | 1.16B | 1.04B | 607.00M | 0.00 | 62.00M | 479.10M | 203.80M | 497.00M | 67.00M | 78.00M | 132.00M | 95.00M | 151.00M | 109.00M |
| Depreciation & Amortization | 870.00M | 841.00M | 855.00M | 857.00M | 850.00M | 802.00M | 870.00M | 850.00M | 797.00M | 849.00M | 545.00M | 430.00M | 413.00M | 425.00M | 386.00M | 373.00M | 362.00M | 342.00M | 382.00M | 388.00M | 471.00M | 0.00 | 554.00M | 533.00M | 556.00M | 460.00M | 443.00M | 321.00M | 195.00M | 198.00M | 199.00M | 196.00M | 172.00M | 170.00M | 157.00M | 139.00M | 129.00M | 130.00M |
| EBITDA | 3.39B | 3.33B | 3.42B | 2.43B | 2.90B | 2.79B | 2.54B | 2.56B | 2.20B | 1.94B | 1.33B | 1.18B | 960.00M | 973.00M | 1.04B | 843.00M | 659.00M | -378.00M | 311.00M | -905.00M | -611.00M | 0.00 | 2.18B | 2.22B | 2.19B | 2.03B | 848.00M | 797.00M | 575.00M | 396.00M | 661.80M | 894.00M | 711.00M | 653.00M | 556.00M | 496.00M | 482.00M | 424.00M |
| EBITDA Ratio | 16.49% | 18.14% | 17.94% | 17.95% | 14.61% | 14.00% | 12.41% | 12.30% | 12.21% | 11.75% | 12.09% | 13.19% | 12.93% | 11.74% | 32.07% | 8.16% | 7.39% | 7.17% | 5.40% | 4.44% | 7.89% | 0.00% | 18.08% | 19.44% | 20.17% | 20.46% | 9.76% | 14.34% | 17.33% | 13.35% | 17.59% | 22.45% | 18.68% | 16.59% | 15.13% | 15.49% | 16.73% | 11.79% |
| Operating Income | 2.51B | 2.33B | 2.87B | 1.99B | 1.51B | 1.65B | 1.11B | 1.22B | 1.06B | 925.00M | 663.00M | 749.00M | 732.00M | 656.00M | 2.51B | 2.31B | 292.00M | 282.00M | 137.00M | 52.00M | 572.00M | 0.00 | 1.63B | 1.69B | 1.64B | 1.57B | 405.00M | 476.00M | 380.00M | 198.00M | 462.80M | 698.00M | 539.00M | 483.00M | 399.00M | 357.00M | 353.00M | 294.00M |
| Operating Income Ratio | 12.22% | 12.17% | 14.73% | 11.28% | 8.19% | 8.99% | 5.80% | 6.21% | 5.67% | 5.57% | 5.97% | 8.21% | 8.27% | 7.13% | 27.79% | 26.71% | 3.30% | 3.24% | 1.43% | 0.52% | 4.33% | 0.00% | 13.48% | 14.77% | 15.06% | 15.82% | 4.66% | 8.56% | 11.45% | 6.67% | 12.30% | 17.53% | 14.16% | 12.27% | 10.85% | 11.15% | 12.25% | 8.18% |
| Total Other Income/Expenses | -893.00M | -989.00M | -983.00M | -1.32B | -1.22B | -1.01B | -1.21B | -999.00M | -933.00M | -778.00M | -821.00M | -415.00M | -492.00M | -476.00M | -391.00M | -246.00M | -388.00M | -342.00M | -524.00M | -424.00M | -403.00M | 0.00 | 136.00M | -405.00M | -784.00M | -828.00M | 242.00M | -435.00M | -57.00M | -99.00M | -102.90M | -140.80M | -280.00M | -11.00M | 6.00M | -41.00M | -99.00M | -15.00M |
| Income Before Tax | 1.62B | 1.34B | 1.89B | 671.00M | 296.00M | 639.00M | -101.00M | 248.00M | 144.00M | 147.00M | -158.00M | 334.00M | 161.00M | 158.00M | 205.00M | 37.00M | -107.00M | -1.13B | -708.00M | -1.61B | -1.84B | 0.00 | 1.14B | 618.00M | 474.00M | 647.00M | -21.00M | 746.00M | 329.00M | 359.90M | 259.00M | 230.00M | 472.00M | 405.00M | 316.00M | 284.00M | 279.00M | 209.00M |
| Income Before Tax Ratio | 7.87% | 7.01% | 9.69% | 3.80% | 1.60% | 3.49% | -0.53% | 1.26% | 0.77% | 0.88% | -1.42% | 3.66% | 1.82% | 1.72% | 2.27% | 0.43% | -1.21% | -13.02% | -7.36% | -16.26% | -13.93% | 0.00% | 9.47% | 5.41% | 4.36% | 6.54% | -0.24% | 13.42% | 9.92% | 12.13% | 6.89% | 5.78% | 12.40% | 10.29% | 8.60% | 8.87% | 9.68% | 5.81% |
| Income Tax Expense | 306.00M | 344.00M | 411.00M | -97.00M | 153.00M | 176.00M | 219.00M | 67.00M | 68.00M | 49.00M | -65.00M | 125.00M | 61.00M | -977.00M | -23.00M | -25.00M | -58.00M | -262.00M | -87.00M | 184.00M | -437.00M | 0.00 | 464.00M | 278.00M | 225.00M | 269.00M | 52.00M | 348.00M | 135.00M | 144.00M | 99.00M | 97.00M | 195.00M | 163.00M | 124.00M | 114.00M | 139.00M | 91.00M |
| Net Income | 611.00M | 1.00B | 1.48B | 768.00M | 143.00M | 111.00M | -704.00M | -192.00M | -140.00M | 12.00M | -134.00M | 152.00M | 82.00M | 1.14B | 187.00M | 25.00M | -89.00M | -803.00M | -708.00M | -2.64B | -1.48B | 0.00 | 785.00M | 302.00M | 249.00M | 261.00M | -254.00M | 349.80M | 183.00M | -425.10M | 160.00M | 104.00M | 277.00M | 242.00M | 143.00M | 148.00M | 63.00M | 94.00M |
| Net Income Ratio | 2.97% | 5.22% | 7.58% | 4.35% | 0.77% | 0.61% | -3.67% | -0.98% | -0.75% | 0.07% | -1.21% | 1.67% | 0.93% | 12.42% | 2.07% | 0.29% | -1.01% | -9.23% | -7.36% | -26.62% | -11.18% | 0.00% | 6.51% | 2.65% | 2.29% | 2.64% | -2.92% | 6.29% | 5.52% | -14.33% | 4.25% | 2.61% | 7.28% | 6.15% | 3.89% | 4.62% | 2.19% | 2.61% |
| EPS | 5.88 | 9.35 | 13.83 | 7.31 | 1.38 | 1.09 | -7.00 | -1.93 | -1.41 | 0.12 | -1.32 | 1.35 | 0.49 | 9.24 | 1.52 | 0.20 | -0.75 | -6.82 | -6.04 | -22.65 | -12.67 | 0.00 | 5.36 | 2.58 | 2.14 | 2.27 | -2.23 | 4.52 | 2.76 | -6.79 | 2.56 | 1.60 | 4.62 | 4.06 | 2.56 | 2.67 | 1.09 | 1.57 |
| EPS Diluted | 5.71 | 9.05 | 13.60 | 7.23 | 1.38 | 1.07 | -7.00 | -1.93 | -1.41 | 0.12 | -1.32 | 1.30 | 0.48 | 8.16 | 1.48 | 0.20 | -0.75 | -6.82 | -6.04 | -22.65 | -12.67 | 0.00 | 5.25 | 2.56 | 2.12 | 2.23 | -2.23 | 4.37 | 2.43 | -6.79 | 2.43 | 1.60 | 4.11 | 3.58 | 2.40 | 2.45 | 1.09 | 1.57 |
| Weighted Avg Shares Out | 101.64M | 106.93M | 106.83M | 105.01M | 103.40M | 102.11M | 100.57M | 99.32M | 99.17M | 97.80M | 101.65M | 104.20M | 117.18M | 121.08M | 120.06M | 119.09M | 118.35M | 117.71M | 117.22M | 116.56M | 116.60M | 116.48M | 119.91M | 116.99M | 116.27M | 115.02M | 113.95M | 77.42M | 66.31M | 62.63M | 62.47M | 64.97M | 60.01M | 59.67M | 55.83M | 55.47M | 57.59M | 59.72M |
| Weighted Avg Shares Out (Dil) | 104.80M | 110.52M | 108.57M | 106.26M | 103.40M | 103.88M | 100.59M | 99.32M | 99.17M | 100.29M | 101.65M | 108.93M | 121.30M | 140.16M | 126.82M | 119.65M | 118.35M | 117.71M | 117.22M | 116.56M | 116.60M | 116.48M | 122.68M | 118.09M | 117.52M | 116.80M | 114.06M | 80.09M | 75.41M | 62.63M | 65.90M | 64.97M | 67.42M | 67.69M | 59.55M | 60.30M | 57.59M | 59.72M |
Tenet Healthcare (THC) Beats Q3 Earnings and Revenue Estimates
Tenet Healthcare (THC) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $1.44 per share a year ago.
Tenet Reports Strong Third Quarter 2024 Results; Raises 2024 Financial Outlook
DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended September 30, 2024. "Our businesses continue to produce strong results and generate robust free cash flow with same store revenue growth and profitability well above...
Stay Ahead of the Game With Tenet (THC) Q3 Earnings: Wall Street's Insights on Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Tenet (THC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
A Dose of Growth? Why Tenet Healthcare Could be a Buy Pre-Q3 Earnings
THC's third-quarter results are likely to reflect growing patient admissions, utilization and patient days.
Are Investors Undervaluing Tenet Healthcare (THC) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Investors Heavily Search Tenet Healthcare Corporation (THC): Here is What You Need to Know
Zacks.com users have recently been watching Tenet (THC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Tenet to Participate in the UBS Global Healthcare Conference
DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the UBS Global Healthcare Conference on Tuesday, November 12, 2024, beginning at 12:30 p.m. Eastern time. A live webcast and audio archive of the event may be accessed through...
Tenet Healthcare (THC) Reports Next Week: Wall Street Expects Earnings Growth
Tenet (THC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tenet Healthcare (THC) Surpasses Market Returns: Some Facts Worth Knowing
In the latest trading session, Tenet Healthcare (THC) closed at $163.87, marking a +1.34% move from the previous day.
Bargain or Bust? Decoding Tenet Healthcare Stock's Lower Valuation
THC is well-positioned to benefit from the growing demand for hospital services. Yet, rising costs can potentially squeeze its margin growth.
Source: https://incomestatements.info
Category: Stock Reports