TENET HEALTHCARE CORP (THC)

266.80 -0.35% (-0.95)

Over 6M: +13.5%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

200 250
Mar Apr May Jun Jul Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Operating Income: 1B Q3 '21 — Operating Cash Flow: 432M Q4 '21 — Operating Income: 751M Q4 '21 — Operating Cash Flow: 357M Q1 '22 — Operating Income: 648M Q1 '22 — Operating Cash Flow: 228M Q2 '22 — Operating Income: 553M Q2 '22 — Operating Cash Flow: 119M Q3 '22 — Operating Income: 596M Q3 '22 — Operating Cash Flow: 315M Q4 '22 — Operating Income: 536M Q4 '22 — Operating Cash Flow: 421M Q1 '23 — Operating Income: 603M Q1 '23 — Operating Cash Flow: 449M Q2 '23 — Operating Income: 604M Q2 '23 — Operating Cash Flow: 598M Q3 '23 — Operating Income: 568M Q3 '23 — Operating Cash Flow: 503M Q4 '23 — Operating Income: 735M Q4 '23 — Operating Cash Flow: 824M Q1 '24 — Operating Income: 3.3B Q1 '24 — Operating Cash Flow: 586M Q2 '24 — Operating Income: 761M Q2 '24 — Operating Cash Flow: 747M Q3 '24 — Operating Income: 1.1B Q3 '24 — Operating Cash Flow: 1B Q4 '24 — Operating Income: 821M Q1 '25 — Operating Income: 943M Q1 '25 — Operating Cash Flow: 815M Q2 '25 — Operating Income: 823M Q2 '25 — Operating Cash Flow: 936M Q3 '25 — Operating Income: 889M Q3 '25 — Operating Cash Flow: 1.1B Q4 '25 — Operating Income: 853M Q4 '25 — Operating Cash Flow: 731M Q1 '26 — Operating Income: 1.3B Q1 '26 — Operating Cash Flow: 1.6B Q2 '26 — Operating Income: 1.5B Q2 '26 — Operating Cash Flow: 585M 0 700M 1.4B 2.1B 2.8B 3.5B
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Operating Income Operating Cash Flow

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

5.6
SBC / sales 0.61%
Oper. margin 20.8%
OE margin 13.3%
ROIC 22.8%
Accruals -2.7%
ROA 10.3%
ROCE 18.1%
ROE 68.1%
FCF margin 13.9%
OCF margin 18.4%
OCF / EBIT 0.88×
Gross margin —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

4.3
RPO / sales 0.076×
Segment HHI 0.58 HHI
RPO growth -68.8%

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

3.7
ND/EBITDA —
F-score 6.8 pts
Payout 26.2%
Debt payback 3.7 yr
Quick ratio 1.3×
Cash / Debt 0.16×
Debt / Eq 2.8×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.1
Sales/sh Y/Y +13.6%
Div. growth +18.8%
EBIT CAGR +21.0%
EBIT Y/Y +23.5%
EPS Y/Y +42.7%
Sales Q/Q +6.8%
EPS CAGR 4Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.