Tenet Healthcare Financial Statements
NYSE: THCHealth CareHospital/Nursing ManagementUSD
Market open · Delayed 15 min · as of Oct 9, 1:05 PM ET
Tenet Healthcare revenue and earnings
In fiscal 2025, Tenet Healthcare generated $21.31 billion in revenue, up 3.1% from fiscal 2024, its 3rd consecutive year of revenue growth. Net income was $2.37 billion (-41.8% year over year), for a net margin of 11.1% versus a median of 6.4% in the prior 5 years. Operating margin was 16.5%.
Diluted earnings per share came in at $15.49, down from $32.70. Over the last 5 fiscal years, THC's revenue has grown at a 3.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Tenet Healthcare income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21.31B | 20.68B | 20.56B | 19.17B | 19.48B | 17.64B | 18.48B | 18.31B | 19.18B | 19.62B |
| Revenue growth (YoY) | +3.07% | +0.54% | +7.25% | -1.60% | +10.46% | -4.54% | +0.91% | -4.52% | -2.25% | -2.44% |
| Operating Income | 3.51B | 5.96B | 2.51B | 2.33B | 2.87B | 1.99B | 1.54B | 1.64B | 1.11B | 1.25B |
| Interest Expense | 821.00M | 826.00M | 901.00M | 890.00M | 923.00M | 1.00B | 985.00M | 1.00B | 1.03B | 979.00M |
| Other Income (Expense) | 117.00M | 126.00M | 19.00M | 11.00M | 14.00M | 1.00M | -5.00M | -5.00M | — | — |
| Pretax Income | 2.80B | 5.25B | 1.62B | 1.34B | 1.89B | 671.00M | 320.00M | 629.00M | -101.00M | 248.00M |
| Income Tax | 433.00M | 1.18B | 306.00M | 344.00M | 411.00M | -97.00M | 160.00M | 173.00M | 219.00M | 67.00M |
| Net Income | 2.37B | 4.06B | 1.31B | 1.00B | 1.48B | 768.00M | 171.00M | 459.00M | -320.00M | 176.00M |
| Net Income growth (YoY) | -41.76% | +209.99% | +30.97% | -32.18% | +92.19% | +349.12% | -62.75% | — | -281.82% | +125.64% |
| EPS (Basic) | 15.61 | 33.02 | 6.01 | 3.84 | 8.55 | 3.80 | -2.08 | 1.02 | -7.00 | -1.93 |
| EPS (Diluted) | 15.49 | 32.70 | 5.71 | 3.79 | 8.42 | 3.75 | -2.08 | 1.00 | -7.00 | -1.93 |
| Shares Outstanding (Basic) | 90.15M | 96.90M | 101.64M | 106.93M | 106.83M | 105.01M | 103.40M | 102.11M | 100.59M | 99.32M |
| Shares Outstanding (Diluted) | 90.83M | 97.88M | 104.80M | 110.52M | 108.57M | 106.26M | 103.40M | 103.88M | 100.59M | 99.32M |
| EBITDA | 4.37B | 6.77B | 3.38B | 3.17B | 3.73B | 2.85B | 2.39B | 2.44B | 1.98B | 2.10B |
| Operating Margin | 16.46% | 28.81% | 12.21% | 12.17% | 14.73% | 11.28% | 8.32% | 8.94% | 5.80% | 6.36% |
| Net Margin | 11.11% | 19.66% | 6.38% | 5.22% | 7.58% | 4.35% | 93.00% | 2.51% | -1.67% | 90.00% |
This table shows 10 annual periods of Tenet Healthcare's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, operating income, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow THC's reporting calendar. What is a income statement?