Tenet Healthcare revenue and financials

THC · NYSE · USD

$260.86Change from previous close: +0.92%Absolute change: +$2.39

Close · October 7, 2026

In the fiscal year ended December 2025, Tenet Healthcare reported revenue of $21.31B (+3.07% year over year). Net income was $1.41B, a net margin of 6.6%.

Annual revenue · 2025: $21.31B
  1. $19.49B2021
  2. $19.17B2022
  3. $20.56B2023
  4. $20.68B2024
  5. $21.31B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+3.07%
2025 vs 2024
Net income growth
−56.03%
2025 vs 2024
Net margin
6.6%
2024: 15.5%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item20252024202320222021
Total assets29,67728,93628,31227,15627,579
Current assets7,8497,6827,1675,9817,075
Cash and equivalents2,8833,0191,2288582,364
Receivables3,8563,6093,9464,0393,884
Inventory348346411405384
Net property, plant and equipment7,4497,0867,3197,5917,429
Goodwill11,19810,69110,30710,1239,261
Other intangible assets1,3481,3971,3681,4241,497
Long-term investments1,4421,5321,5601,6292,016
Current liabilities4,4634,3104,7604,4765,109
Accounts payable1,3601,2941,4081,5041,300
Long-term debt12,68512,69114,76214,76915,335
Total debt13,17113,17315,00215,079—
Total liabilities20,70420,38922,80422,54823,322
Total equity (incl. minority)8,9738,5475,5084,6084,257
Retained earnings4,4153,008-192-803-1,214
Minority interest4,7534,3763,9003,4663,229