Financials in USD. Standardized financial statements.
A compact view of how Tenet Healthcare Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $21.31B | $20.66B | $20.55B | $19.17B | $19.48B | $17.64B | $18.48B | $18.31B | $19.18B | $19.62B |
| Revenue Growth? | +3.1% | +0.6% | +7.2% | -1.6% | +10.5% | -4.5% | +0.9% | -4.5% | -2.3% | 0.0% |
| Cost of Revenue? | $3.78B | $12.46B | $12.74B | $12.13B | $12.22B | $11.41B | $11.77B | $11.65B | $12.38B | $12.48B |
| Gross Profit? | $17.53B | $8.21B | $7.80B | $7.05B | $7.27B | $6.23B | $6.71B | $6.66B | $6.79B | $7.14B |
| Gross Margin? | +82.3% | +39.7% | +38.0% | +36.8% | +37.3% | +35.3% | +36.3% | +36.4% | +35.4% | +36.4% |
| Operating Expenses? | $14.09B | $2.25B | $5.29B | $4.71B | $4.40B | $4.24B | $5.18B | $5.02B | $5.68B | $5.89B |
| Operating Income? | $3.44B | $5.96B | $2.51B | $2.33B | $2.87B | $1.99B | $1.54B | $1.64B | $1.11B | $1.25B |
| EBITDA? | $4.48B | $6.89B | $3.39B | $3.08B | $3.67B | $2.53B | $2.15B | $2.44B | $1.80B | $2.08B |
| Income Before Tax | $2.80B | $5.25B | $1.62B | $1.34B | $1.89B | $671.00M | $320.00M | $629.00M | -$101.00M | $248.00M |
| Income Tax Expense | $433.00M | $1.18B | $306.00M | $344.00M | $411.00M | -$97.00M | $160.00M | $173.00M | $219.00M | $67.00M |
| Net Income? | $1.41B | $3.20B | $611.00M | $411.00M | $914.00M | $399.00M | -$215.00M | $104.00M | -$704.00M | -$192.00M |
| EPS? | $15.61 | $33.02 | $6.01 | $3.84 | $8.55 | $3.80 | $-2.24 | $1.09 | $-7.00 | $-1.93 |
| Diluted EPS? | $15.49 | $32.70 | $5.71 | $3.79 | $8.42 | $3.75 | $-2.24 | $1.07 | $-7.00 | $-1.93 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality