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Tenet Healthcare Corp (THC)

Tenet Healthcare Corp brought in $21.8B of revenue over the twelve months to June 30, 2026, up 5.4% from a year earlier. Net income was $2.2B, a net margin of 10.3%. Operating cash flow minus capital spending left $2.5B of free cash flow in fiscal 2025. At June 30, 2026 it held $2.2B in cash against $13.2B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 29, 2026.

Price
$259.71
+4.08% on the day · September 25, 2026
52-week range $157.58 to $283.05
Market cap
$20.9B
Revenue (last 12 months)
$21.8B
+5.4% year on year
Net margin
10.3%
P/E
16.8
on FY2025 diluted EPS

What Tenet Healthcare Corp does

Tenet Healthcare Corp is registered with the SEC under industry code SIC 8062 (Services-General Medical & Surgical Hospitals, NEC). Its shares trade on NYSE under the ticker THC.

Revenue and profit by year

Revenue
FY18: $18.3B $18.3B FY18FY19: $18.5B $18.5B FY19FY20: $17.6B $17.6B FY20FY21: $19.5B $19.5B FY21FY22: $19.2B $19.2B FY22FY23: $20.6B $20.6B FY23FY24: $20.7B $20.7B FY24FY25: $21.3B $21.3B FY25
Net income
FY18: $104M $104M FY18FY19: -$215M -$215M FY19FY20: $399M $399M FY20FY21: $914M $914M FY21FY22: $411M $411M FY22FY23: $611M $611M FY23FY24: $3.2B $3.2B FY24FY25: $1.4B $1.4B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$21.3B$3.5B$1.4B$15.49$2.5B
2024$20.7B$6B$3.2B$32.70$1.1B
2023$20.6B$2.5B$611M$5.71$1.6B
2022$19.2B$2.3B$411M$3.79$321M
2021$19.5B$2.9B$914M$8.42$910M
2020$17.6B$2B$399M$3.75$2.9B

Latest SEC filings

What Tenet Healthcare Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 22, 2026
  2. September 8, 2026
  3. August 14, 2026
  4. August 6, 2026
  5. July 29, 2026
    Quarterly report 10-Q · period to June 30, 2026
  6. July 23, 2026
  7. May 29, 2026
  8. April 30, 2026
    Quarterly report 10-Q · period to March 31, 2026
  9. April 30, 2026
  10. April 30, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 16, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about THC

What does Tenet Healthcare Corp do?

Tenet Healthcare Corp is registered with the SEC under industry code SIC 8062 (Services-General Medical & Surgical Hospitals, NEC). Its shares trade on NYSE under the ticker THC.

Is Tenet Healthcare Corp profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $2.2B on revenue of $21.8B, a net margin of 10.3%.

How much revenue does Tenet Healthcare Corp make?

Over the twelve months to June 30, 2026 Tenet Healthcare Corp reported revenue of $21.8B. That is 5.4% more than a year earlier.

When did Tenet Healthcare Corp last report?

Its most recent periodic report is the quarterly report (10-Q) filed on July 29, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the material agreement from September 22, 2026.

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Where the numbers come from

Financial figures are the values Tenet Healthcare Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.