Tenet Healthcare Corporation

NYSE:THC Stock Report

Market Cap: US$13.7b

Tenet Healthcare Past Earnings Performance

Past criteria checks 2/6

Tenet Healthcare has been growing earnings at an average annual rate of 48.8%, while the Healthcare industry saw earnings growing at 2.6% annually. Revenues have been growing at an average rate of 3.4% per year. Tenet Healthcare's return on equity is 27.2%, and it has net margins of 7.1%.

Key information

48.8%

Earnings growth rate

50.7%

EPS growth rate

Healthcare Industry Growth8.5%
Revenue growth rate3.4%
Return on equity27.2%
Net Margin7.1%
Last Earnings Update31 Mar 2025

Recent past performance updates

Solid Earnings May Not Tell The Whole Story For Tenet Healthcare (NYSE:THC)

Feb 25
Solid Earnings May Not Tell The Whole Story For Tenet Healthcare (NYSE:THC)

Recent updates

Is Now An Opportune Moment To Examine Tenet Healthcare Corporation (NYSE:THC)?

Apr 29
Is Now An Opportune Moment To Examine Tenet Healthcare Corporation (NYSE:THC)?

We Think Tenet Healthcare (NYSE:THC) Is Taking Some Risk With Its Debt

Apr 02
We Think Tenet Healthcare (NYSE:THC) Is Taking Some Risk With Its Debt

Minimal Medicaid Exposure Puts Tenet Healthcare In A Good Position

Mar 20

The Market Doesn't Like What It Sees From Tenet Healthcare Corporation's (NYSE:THC) Earnings Yet

Mar 15
The Market Doesn't Like What It Sees From Tenet Healthcare Corporation's (NYSE:THC) Earnings Yet

Solid Earnings May Not Tell The Whole Story For Tenet Healthcare (NYSE:THC)

Feb 25
Solid Earnings May Not Tell The Whole Story For Tenet Healthcare (NYSE:THC)

The Tenet Healthcare Corporation (NYSE:THC) Full-Year Results Are Out And Analysts Have Published New Forecasts

Feb 21
The Tenet Healthcare Corporation (NYSE:THC) Full-Year Results Are Out And Analysts Have Published New Forecasts

Here's Why Tenet Healthcare (NYSE:THC) Has Caught The Eye Of Investors

Jan 29
Here's Why Tenet Healthcare (NYSE:THC) Has Caught The Eye Of Investors

Tenet Healthcare Stock: An Improved Option Here (Rating Upgrade)

Dec 30

Tenet Healthcare: Walk-In Surgical Care Facilities Are A Key Revenue Driver

Dec 17

Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

Nov 17
Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

Tenet Healthcare: Targeting More Stable Demand In High-Acuity Services

Nov 04

With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case

Oct 30
With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case

Tenet Healthcare: Becoming A Very Healthy Business

Sep 09

Earnings Working Against Tenet Healthcare Corporation's (NYSE:THC) Share Price

Sep 06
Earnings Working Against Tenet Healthcare Corporation's (NYSE:THC) Share Price

Tenet Healthcare: Strong EPS Growth, But Shares Near FV (Rating Downgrade)

Aug 29
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Expansive Growth Strategy And Cybersecurity Concerns Cast A Shadow On Financial Health

Aug 21 Aggressive expansion and significant investments may strain operational efficiencies and financial resources, potentially impacting future earnings and liquidity.

Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

Aug 13
Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

An Intrinsic Calculation For Tenet Healthcare Corporation (NYSE:THC) Suggests It's 42% Undervalued

Jul 11
An Intrinsic Calculation For Tenet Healthcare Corporation (NYSE:THC) Suggests It's 42% Undervalued

Tenet Healthcare: Asset Sales, Current Multiples Support Re-Rating (Rating Upgrade)

Jun 17

With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case

May 21
With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case

Tenet Healthcare: Shrinking To Grow

Feb 04

Tenet Healthcare: A Compelling Opportunity Despite Lofty Debt

Oct 13

Revenue & Expenses Breakdown

How Tenet Healthcare makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:THC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2520,5201,4554100
31 Dec 2420,6653,2004170
30 Sep 2420,9723,1264180
30 Jun 2420,9162,7554180
31 Mar 2420,8952,6194220
31 Dec 2320,5486114180
30 Sep 2320,1594694120
30 Jun 2319,8944994120
31 Mar 2319,4504144110
31 Dec 2219,1744114120
30 Sep 2219,0405581190
30 Jun 2219,1338752140
31 Mar 2219,4499574050
31 Dec 2119,4859154120
30 Sep 2119,5441,0794320
30 Jun 2119,2074344250
31 Mar 2117,9014024190
31 Dec 2017,6403994030
30 Sep 2017,531-183580
30 Jun 2017,542-483550
31 Mar 2018,454-1123530
31 Dec 1918,479-2263440
30 Sep 1918,292-2283300
30 Jun 1918,213-103250
31 Mar 1918,159-103180
31 Dec 1818,31310100
30 Sep 1818,672-1173240
30 Jun 1818,769-4743240
31 Mar 1819,065-5543200
31 Dec 1719,179-70400
30 Sep 1719,061-5533160
30 Jun 1719,324-1963080
31 Mar 1719,390-1843180
31 Dec 1619,621-1873150
30 Sep 1619,787-2083280
30 Jun 1619,630-2273220
31 Mar 1619,254-2432890
31 Dec 1518,634-1422480
30 Sep 1518,073192470
30 Jun 1517,556572390
31 Mar 1517,1011073060
31 Dec 1416,603342340
30 Sep 1416,023-442320
30 Jun 1414,256-212180

Quality Earnings: THC has high quality earnings.

Growing Profit Margin: THC's current net profit margins (7.1%) are lower than last year (12.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: THC has become profitable over the past 5 years, growing earnings by 48.8% per year.

Accelerating Growth: THC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: THC had negative earnings growth (-44.4%) over the past year, making it difficult to compare to the Healthcare industry average (15.1%).

Return on Equity

High ROE: Whilst THC's Return on Equity (27.18%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/04 02:00
End of Day Share Price 2025/05/02 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tenet Healthcare Corporation is covered by 47 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian Kemp DolliverAvondale Partners
Hua HaBaird
Ishan MajumdarBaptista Research