Tenet Historical Income Statement
THC Stock | USD 96.00 2.27 2.31% |
Historical analysis of Tenet Healthcare income statement accounts such as Other Operating Expenses of 10.5 B, Operating Income of 2.5 B, EBIT of 2.5 B or Ebitda of 3.5 B can show how well Tenet Healthcare performed in making a profits. Evaluating Tenet Healthcare income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tenet Healthcare's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Tenet Healthcare latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tenet Healthcare is a good buy for the upcoming year.
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About Tenet Income Statement Analysis
Tenet Healthcare Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tenet Healthcare shareholders. The income statement also shows Tenet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Tenet Healthcare Income Statement Chart
Tenet Healthcare Income Statement is one of the three primary financial statements used for reporting Tenet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tenet Healthcare revenue and expense. Tenet Healthcare Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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. Add Fundamental
Total Revenue
Total revenue comprises all receipts Tenet Healthcare generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Tenet Healthcare minus its cost of goods sold. It is profit before Tenet Healthcare operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tenet Healthcare. It is also known as Tenet Healthcare overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Tenet Healthcare operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Tenet Healthcare is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. 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 |
Tenet Healthcare income statement Correlations
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Tenet Healthcare Account Relationship Matchups
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Tenet Healthcare income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 802M | 1.2B | 1.2B | 625M | 1.1B | 537.1M | |
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 | |
Other Operating Expenses | 16.8B | 15.5B | 17.1B | 16.8B | 18.1B | 10.5B | |
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 | |
Total Operating Expenses | 13.7B | 12.5B | 13.7B | 13.5B | 14.5B | 15.2B | |
Income Before Tax | 296M | 671M | 1.9B | 1.3B | 1.6B | 1.7B | |
Total Other Income Expense Net | (1.2B) | (1.3B) | (983M) | (989M) | (810M) | (769.5M) | |
Net Income | 143M | 768M | 1.5B | 1B | 611M | 641.6M | |
Income Tax Expense | 153M | (97M) | 411M | 344M | 306M | 321.3M | |
Selling General Administrative | 8.7B | 8.4B | 8.9B | 8.8B | 9.1B | 7.0B | |
Net Income Applicable To Common Shares | (232M) | 399M | 914M | 411M | 369.9M | 202.1M | |
Minority Interest | 386M | 369M | (562M) | (590M) | (660M) | (627M) | |
Extraordinary Items | 11M | 0.0 | (1M) | 1M | 1.2M | 1.2M | |
Net Income From Continuing Ops | 143M | 768M | 1.5B | 1B | 1.1B | 1.2B | |
Non Recurring | 141M | 44M | 116M | 70M | 63M | 119.4M | |
Non Operating Income Net Other | (232M) | (315M) | (60M) | (99M) | (89.1M) | (93.6M) | |
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) | |
Reconciled Depreciation | 850M | 857M | 855M | 841M | 867M | 933.7M |
Tenet Healthcare Investors Sentiment
The influence of Tenet Healthcare's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tenet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Tenet Healthcare's public news can be used to forecast risks associated with an investment in Tenet. The trend in average sentiment can be used to explain how an investor holding Tenet can time the market purely based on public headlines and social activities around Tenet Healthcare. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tenet Healthcare's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tenet Healthcare's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Tenet Healthcare's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tenet Healthcare.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tenet Healthcare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tenet Healthcare's short interest history, or implied volatility extrapolated from Tenet Healthcare options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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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.