Tenet Income Statement Research

THC Stock

USD 98.26 0.40 0.41%

Most accounts from Tenet Healthcare's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tenet Healthcare current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Tenet Healthcare Valuation and Tenet Healthcare Correlation analysis.

For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.

At present, Tenet Healthcare's EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 3.5 B, whereas Depreciation And Amortization is forecasted to decline to about 537.1 M.

For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.At present, Tenet Healthcare's EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 3.5 B, whereas Depreciation And Amortization is forecasted to decline to about 537.1 M.

	2021	2022	2024 (projected)
Interest Expense	923M	890M	738.0M
Depreciation And Amortization	625M	1.1B	537.1M

Interest Expense Depreciation And Amortization

Tenet Healthcare income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Minority Interest	Extraordinary Items	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.85	0.83	0.69	0.83	0.45	0.51	0.69	-0.06	0.73	0.13	-0.65	0.14	0.04	0.78	0.18	-0.1	0.23	-0.11	-0.47	-0.29	0.1	0.34	0.06	-0.37
Interest Expense	0.85		0.95	0.73	0.96	0.61	0.72	0.82	0.08	0.92	0.29	-0.51	0.14	0.28	0.93	0.13	-0.25	0.29	-0.03	-0.46	-0.05	0.3	0.32	0.03	-0.3
Total Revenue	0.83	0.95		0.73	1.0	0.58	0.69	0.77	0.04	0.88	0.29	-0.47	0.17	0.31	0.95	0.03	-0.2	0.24	-0.03	-0.45	0.02	0.39	0.26	0.17	-0.37
Gross Profit	0.69	0.73	0.73		0.75	0.17	0.28	0.39	-0.59	0.6	-0.14	-0.25	-0.04	-0.03	0.66	0.43	-0.23	0.07	-0.31	-0.3	-0.03	0.09	0.68	-0.25	-0.52
Other Operating Expenses	0.83	0.96	1.0	0.75		0.53	0.65	0.74	0.03	0.89	0.23	-0.43	0.1	0.28	0.95	0.08	-0.23	0.23	-0.09	-0.45	0.03	0.36	0.28	0.12	-0.36
Operating Income	0.45	0.61	0.58	0.17	0.53		0.98	0.94	0.54	0.65	0.92	-0.71	0.79	0.7	0.57	-0.62	0.12	0.26	0.68	-0.36	-0.02	0.65	-0.31	0.64	0.0
Ebit	0.51	0.72	0.69	0.28	0.65	0.98		0.97	0.5	0.76	0.86	-0.67	0.69	0.69	0.68	-0.55	0.01	0.28	0.59	-0.37	0.02	0.65	-0.25	0.58	0.01
Ebitda	0.69	0.82	0.77	0.39	0.74	0.94	0.97		0.44	0.84	0.75	-0.74	0.6	0.58	0.76	-0.41	-0.01	0.3	0.46	-0.44	-0.07	0.55	-0.15	0.49	-0.04
Cost Of Revenue	-0.06	0.08	0.04	-0.59	0.03	0.54	0.5	0.44		0.27	0.63	-0.24	0.29	0.47	0.12	-0.64	0.1	0.19	0.47	-0.11	0.06	0.32	-0.77	0.54	0.55
Total Operating Expenses	0.73	0.92	0.88	0.6	0.89	0.65	0.76	0.84	0.27		0.39	-0.47	0.16	0.38	0.84	-0.08	-0.2	0.19	0.04	-0.45	0.03	0.38	0.04	0.18	-0.04
Income Before Tax	0.13	0.29	0.29	-0.14	0.23	0.92	0.86	0.75	0.63	0.39		-0.51	0.87	0.78	0.29	-0.83	0.28	0.16	0.87	-0.16	0.17	0.69	-0.56	0.8	0.12
Total Other Income Expense Net	-0.65	-0.51	-0.47	-0.25	-0.43	-0.71	-0.67	-0.74	-0.24	-0.47	-0.51		-0.6	-0.26	-0.45	0.29	-0.05	-0.33	-0.38	0.31	0.58	-0.28	0.05	-0.38	-0.05
Net Income	0.14	0.14	0.17	-0.04	0.1	0.79	0.69	0.6	0.29	0.16	0.87	-0.6		0.52	0.13	-0.71	0.48	0.08	0.86	-0.12	0.0	0.49	-0.39	0.72	-0.05
Income Tax Expense	0.04	0.28	0.31	-0.03	0.28	0.7	0.69	0.58	0.47	0.38	0.78	-0.26	0.52		0.33	-0.71	-0.13	0.16	0.58	-0.1	0.36	0.94	-0.4	0.66	0.04
Selling General Administrative	0.78	0.93	0.95	0.66	0.95	0.57	0.68	0.76	0.12	0.84	0.29	-0.45	0.13	0.33		0.05	-0.25	0.47	0.03	-0.27	0.07	0.38	0.25	0.14	-0.29
Minority Interest	0.18	0.13	0.03	0.43	0.08	-0.62	-0.55	-0.41	-0.64	-0.08	-0.83	0.29	-0.71	-0.71	0.05		-0.27	0.0	-0.74	0.09	-0.16	-0.68	0.84	-0.92	-0.34
Extraordinary Items	-0.1	-0.25	-0.2	-0.23	-0.23	0.12	0.01	-0.01	0.1	-0.2	0.28	-0.05	0.48	-0.13	-0.25	-0.27		-0.1	0.39	0.17	0.18	-0.16	-0.41	0.41	-0.07
Discontinued Operations	0.23	0.29	0.24	0.07	0.23	0.26	0.28	0.3	0.19	0.19	0.16	-0.33	0.08	0.16	0.47	0.0	-0.1		0.27	0.39	-0.22	0.22	0.08	0.07	-0.1
Net Income From Continuing Ops	-0.11	-0.03	-0.03	-0.31	-0.09	0.68	0.59	0.46	0.47	0.04	0.87	-0.38	0.86	0.58	0.03	-0.74	0.39	0.27		0.27	0.17	0.48	-0.51	0.7	0.09
Non Recurring	-0.47	-0.46	-0.45	-0.3	-0.45	-0.36	-0.37	-0.44	-0.11	-0.45	-0.16	0.31	-0.12	-0.1	-0.27	0.09	0.17	0.39	0.27		0.29	-0.18	-0.06	-0.04	0.13
Non Operating Income Net Other	-0.29	-0.05	0.02	-0.03	0.03	-0.02	0.02	-0.07	0.06	0.03	0.17	0.58	0.0	0.36	0.07	-0.16	0.18	-0.22	0.17	0.29		0.22	-0.22	0.2	-0.05
Tax Provision	0.1	0.3	0.39	0.09	0.36	0.65	0.65	0.55	0.32	0.38	0.69	-0.28	0.49	0.94	0.38	-0.68	-0.16	0.22	0.48	-0.18	0.22		-0.3	0.67	-0.12
Interest Income	0.34	0.32	0.26	0.68	0.28	-0.31	-0.25	-0.15	-0.77	0.04	-0.56	0.05	-0.39	-0.4	0.25	0.84	-0.41	0.08	-0.51	-0.06	-0.22	-0.3		-0.74	-0.61
Net Interest Income	0.06	0.03	0.17	-0.25	0.12	0.64	0.58	0.49	0.54	0.18	0.8	-0.38	0.72	0.66	0.14	-0.92	0.41	0.07	0.7	-0.04	0.2	0.67	-0.74		0.14
Reconciled Depreciation	-0.37	-0.3	-0.37	-0.52	-0.36	0.0	0.01	-0.04	0.55	-0.04	0.12	-0.05	-0.05	0.04	-0.29	-0.34	-0.07	-0.1	0.09	0.13	-0.05	-0.12	-0.61	0.14

Click cells to compare fundamentals

Tenet Healthcare Account Relationship Matchups

Tenet Healthcare income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	985M	1.0B	923M	890M	901M	738.0M
Total Revenue	18.5B	17.6B	19.5B	19.2B	20.5B	11.4B
Gross Profit	15.4B	14.7B	16.2B	15.9B	2.4B	2.3B
Operating Income	1.5B	2.0B	2.9B	2.3B	2.4B	2.5B
Ebit	1.5B	2.0B	2.9B	2.3B	2.4B	2.5B
Ebitda	2.7B	3.2B	3.5B	3.5B	3.3B	3.5B
Cost Of Revenue	3.1B	3.0B	3.3B	3.3B	18.1B	19.0B
Income Before Tax	296M	671M	1.9B	1.3B	1.6B	1.7B
Net Income	143M	768M	1.5B	1B	611M	641.6M
Income Tax Expense	153M	(97M)	411M	344M	306M	321.3M
Minority Interest	386M	369M	(562M)	(590M)	(660M)	(627M)
Extraordinary Items	11M	0.0	(1M)	1M	1.2M	1.2M
Non Recurring	141M	44M	116M	70M	63M	119.4M
Tax Provision	153M	(97M)	411M	344M	290M	199.3M
Interest Income	985M	1.0B	923M	890M	801M	771.5M
Net Interest Income	(985M)	(1.0B)	(923M)	(890M)	(893M)	(937.7M)

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When determining whether Tenet Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenet Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenet Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenet Healthcare Stock:

How To Invest In Tenet

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Is Tenet Stock a good investment?

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What is Tenet Healthcare's Net Worth?

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Check out Tenet Healthcare Valuation and Tenet Healthcare Correlation analysis.

For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.

Note that the Tenet Healthcare information on this page should be used as a complementary analysis to other Tenet Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Tenet Healthcare's price analysis, check to measure Tenet Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenet Healthcare is operating at the current time. Most of Tenet Healthcare's value examination focuses on studying past and present price action to predict the probability of Tenet Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Healthcare's price. Additionally, you may evaluate how the addition of Tenet Healthcare to your portfolios can decrease your overall portfolio volatility.

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Is Tenet Healthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.403

Earnings Share

5.71

Revenue Per Share

202.166

Quarterly Revenue Growth

0.078

Return On Assets

0.0629

The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Tenet Income Statement Research

Tenet Healthcare income statement Correlations

Tenet Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tenet Healthcare income statement Accounts

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COMMON DESTINATIONS

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Other Operating Expenses	+ 1.0	Total Revenue
Ebit	+ 0.98	Operating Income
Ebitda	+ 0.97	Ebit
Other Operating Expenses	+ 0.96	Interest Expense
Total Revenue	+ 0.95	Interest Expense
Selling General Administrative	+ 0.95	Total Revenue

Net Interest Income	- 0.92	Minority Interest
Minority Interest	- 0.83	Income Before Tax
Interest Income	- 0.77	Cost Of Revenue
Net Interest Income	- 0.74	Interest Income
Net Income From Continuing Ops	- 0.74	Minority Interest
Total Other Income Expense Net	- 0.74	Ebitda