Tenet Financial Statements From 2010 to 2024

THC Stock  USD 91.08  4.92  5.13%   
Tenet Healthcare financial statements provide useful quarterly and yearly information to potential Tenet Healthcare investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Tenet Healthcare financial statements helps investors assess Tenet Healthcare's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Tenet Healthcare's valuation are summarized below:
Gross Profit
B
Profit Margin
0.0297
Market Capitalization
B
Enterprise Value Revenue
1.1591
Revenue
20.5 B
We have found one hundred twenty available fundamental trend indicators for Tenet Healthcare, which can be analyzed and compared to other ratios and to its competition. Investors should ensure to double-check all of Tenet Healthcare's current performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Enterprise Value is expected to grow to about 15 B, whereas Market Cap is forecasted to decline to about 4.1 B.

Tenet Healthcare Total Revenue

11.41 Billion

Check Tenet Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenet main balance sheet or income statement drivers, such as Depreciation And Amortization of 537.1 M, Interest Expense of 738 M or Total Revenue of 11.4 B, as well as many exotic indicators such as Price To Sales Ratio of 0.55, Dividend Yield of 0.0045 or PTB Ratio of 5.64. Tenet financial statements analysis is a perfect complement when working with Tenet Healthcare Valuation or Volatility modules.
  
This module can also supplement Tenet Healthcare's financial leverage analysis and stock options assessment as well as various Tenet Healthcare Technical models . Check out the analysis of Tenet Healthcare Correlation against competitors.
For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.

Tenet Healthcare Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets29.7 B28.3 B20.8 B
Slightly volatile
Short and Long Term Debt Total17 B16.2 B12.5 B
Slightly volatile
Other Current Liabilities3.1 BB1.6 B
Slightly volatile
Total Current Liabilities2.5 B4.8 B3.5 B
Slightly volatile
Property Plant And Equipment Net5.4 B7.3 B6.3 B
Slightly volatile
Net Debt15.7 B15 B11.7 B
Slightly volatile
Cash1.3 B1.2 B761.2 M
Slightly volatile
Non Current Assets Total22.2 B21.1 B15.8 B
Slightly volatile
Non Currrent Assets Other209.6 M180 M205.3 M
Slightly volatile
Cash And Short Term Investments1.3 B1.2 B761.2 M
Slightly volatile
Net Receivables4.2 BB2.5 B
Slightly volatile
Common Stock Shares Outstanding108.1 M104.8 M102.4 M
Slightly volatile
Liabilities And Stockholders Equity29.7 B28.3 B20.8 B
Slightly volatile
Non Current Liabilities Total18.9 B18 B14.3 B
Slightly volatile
Inventory212.3 M411 M282.8 M
Slightly volatile
Other Current Assets1.6 B1.5 B1.1 B
Slightly volatile
Other Stockholder Equity2.6 BB2.3 B
Slightly volatile
Total Liabilities23.9 B22.8 B18 B
Slightly volatile
Property Plant And Equipment Gross14.5 B13.8 B8.6 B
Slightly volatile
Total Current Assets7.5 B7.2 BB
Slightly volatile
Short Term Debt340.2 M324 M157.7 M
Slightly volatile
Intangible Assets1.4 B1.4 B1.3 B
Slightly volatile
Accounts Payable874.9 M1.4 B1.1 B
Slightly volatile
Other Liabilities1.7 B2.4 B1.9 B
Slightly volatile
Other Assets20.8 M21.9 M510.2 M
Slightly volatile
Long Term Debt9.6 B14.9 B12 B
Slightly volatile
Good Will10.8 B10.3 B6.5 B
Slightly volatile
Common Stock Total Equity13.8 M7.2 M10.1 M
Slightly volatile
Common Stock13.5 M7.2 M10 M
Slightly volatile
Property Plant Equipment6.6 B7.4 B6.8 B
Slightly volatile
Current Deferred Revenue56 M59 M852.5 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity1.6 B1.5 B672.6 M
Slightly volatile
Long Term Debt Total13.1 B17.2 B12.4 B
Slightly volatile
Capital Surpluse5.2 B5.5 B4.8 B
Slightly volatile
Long Term Investments1.5 B1.6 B1.4 B
Slightly volatile
Non Current Liabilities Other1.9 B1.7 B1.7 B
Slightly volatile
Deferred Long Term Asset Charges733.3 M698.4 M612.6 M
Slightly volatile
Warrants1.5 B2.5 B1.4 B
Slightly volatile
Short and Long Term Debt117.9 M120 M136 M
Slightly volatile
Cash And Equivalents1.2 B986.7 M943.7 M
Slightly volatile
Net Invested Capital17.1 B16.6 B15.3 B
Slightly volatile
Net Working Capital1.7 B2.4 B1.4 B
Slightly volatile
Capital Stock8.2 M9.2 M7.4 M
Slightly volatile

Tenet Healthcare Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization537.1 M870 M748.5 M
Slightly volatile
Interest Expense738 M901 M765.8 M
Slightly volatile
Total Revenue11.4 B20.5 B15.5 B
Slightly volatile
Gross Profit2.3 B2.4 B11 B
Pretty Stable
Other Operating Expenses10.5 B18.1 B14 B
Slightly volatile
Operating Income2.5 B2.4 B1.5 B
Slightly volatile
EBIT2.5 B2.4 B1.6 B
Slightly volatile
EBITDA3.5 B3.3 B2.4 B
Slightly volatile
Cost Of Revenue19 B18.1 B5.1 B
Slightly volatile
Total Operating Expenses15.2 B14.5 B11.5 B
Slightly volatile
Selling General AdministrativeB9.1 B7.7 B
Slightly volatile
Non Recurring119.4 M63 M141.5 M
Slightly volatile
Preferred Stock And Other Adjustments14 M9.9 M12.9 M
Slightly volatile
Interest Income771.5 M801 M922.8 M
Pretty Stable
Reconciled Depreciation933.7 M867 M864.4 M
Very volatile

Tenet Healthcare Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation62.7 M66 M60 M
Pretty Stable
Begin Period Cash Flow494.1 M858 M649.2 M
Slightly volatile
Depreciation547.4 M870 M702.2 M
Slightly volatile
Dividends Paid676.2 M644 M310.6 M
Slightly volatile
Capital Expenditures712.2 M751 M675.3 M
Slightly volatile
Total Cash From Operating Activities2.5 B2.4 B1.2 B
Slightly volatile
End Period Cash Flow1.3 B1.2 B758.2 M
Slightly volatile
Change To Netincome372.5 M392.1 M875 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.550.37380.2909
Very volatile
Dividend Yield0.00450.00480.0058
Slightly volatile
Days Sales Outstanding67.6970.928857.7016
Very volatile
Operating Cash Flow Per Share24.5323.357212.3013
Slightly volatile
Stock Based Compensation To Revenue0.00310.00320.0062
Slightly volatile
EV To Sales1.141.10310.9817
Slightly volatile
ROIC0.10.11790.0914
Slightly volatile
Inventory Turnover32.1544.0916.5493
Very volatile
Days Of Inventory On Hand15.938.278532.6251
Very volatile
Payables Turnover9.1612.875.1149
Pretty Stable
Sales General And Administrative To Revenue0.350.44510.463
Slightly volatile
POCF Ratio3.43.23544.0813
Slightly volatile
Interest Coverage2.382.69371.9029
Slightly volatile
Payout Ratio0.10.110.1239
Slightly volatile
Days Payables Outstanding26.9428.3605126
Pretty Stable
EV To Operating Cash Flow10.029.547515.5611
Slightly volatile
Intangibles To Total Assets0.430.41240.3259
Slightly volatile
Net Debt To EBITDA3.364.5454.9376
Pretty Stable
Current Ratio1.571.50571.3536
Slightly volatile
Receivables Turnover4.865.1466.3669
Pretty Stable
Graham Number37.3646.258821.8823
Slightly volatile
Revenue Per Share212202159
Slightly volatile
Interest Debt Per Share165157129
Slightly volatile
Debt To Assets0.380.53280.575
Pretty Stable
Enterprise Value Over EBITDA8.796.87477.1336
Pretty Stable
Short Term Coverage Ratios6.967.32728.0191
Slightly volatile
Operating Cycle65.1779.207389.0967
Very volatile
Days Of Payables Outstanding26.9428.3605126
Pretty Stable
Dividend Payout Ratio0.10.110.1239
Slightly volatile
Price To Operating Cash Flows Ratio3.43.23544.0813
Slightly volatile
Operating Profit Margin0.110.11810.088
Slightly volatile
Long Term Debt To Capitalization0.580.90180.8897
Pretty Stable
Total Debt To Capitalization0.580.90370.8909
Pretty Stable
Return On Capital Employed0.120.1030.0879
Slightly volatile
Ebit Per Revenue0.110.11810.088
Slightly volatile
Quick Ratio1.081.09680.8474
Very volatile
Cash Ratio0.140.2580.1763
Slightly volatile
Operating Cash Flow Sales Ratio0.07250.11550.0735
Slightly volatile
Days Of Inventory Outstanding15.938.278532.6251
Very volatile
Days Of Sales Outstanding67.6970.928857.7016
Very volatile
Cash Flow Coverage Ratios0.170.15740.1073
Pretty Stable
Fixed Asset Turnover1.622.80752.3735
Slightly volatile
Price Cash Flow Ratio3.43.23544.0813
Slightly volatile
Enterprise Value Multiple8.796.87477.1336
Pretty Stable
Debt Ratio0.380.53280.575
Pretty Stable
Cash Flow To Debt Ratio0.170.15740.1073
Pretty Stable
Price Sales Ratio0.550.37380.2909
Very volatile
Asset Turnover0.970.72580.8346
Slightly volatile
Gross Profit Margin0.110.11810.672
Pretty Stable

Tenet Healthcare Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.1 B6.9 B4.7 B
Slightly volatile
Enterprise Value15 B14.3 B14.9 B
Slightly volatile

Tenet Fundamental Market Drivers

Forward Price Earnings15.873
Cash And Short Term Investments1.2 B

Tenet Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Tenet Healthcare Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Tenet Healthcare income statement, its balance sheet, and the statement of cash flows. Tenet Healthcare investors use historical funamental indicators, such as Tenet Healthcare's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tenet Healthcare investors may use each financial statement separately, they are all related. The changes in Tenet Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tenet Healthcare's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Tenet Healthcare Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tenet Healthcare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue59 M56 M
Total Revenue20.5 B11.4 B
Cost Of Revenue18.1 B19 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.45  0.35 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.04)(0.04)
Revenue Per Share 202.17  212.27 
Ebit Per Revenue 0.12  0.11 

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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:
Check out the analysis of Tenet Healthcare Correlation against competitors.
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.