Tenet Healthcare revenue and financials
$260.86Change from previous close: +0.92%Absolute change: +$2.39
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%.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 3,540 | 2,047 | 2,374 | 1,083 | 1,568 |
| Depreciation and amortization | 863 | 818 | 870 | 841 | 855 |
| Capital expenditure | -1,010 | -931 | -751 | -762 | -658 |
| Investing cash flow | -1,275 | 3,429 | -969 | -808 | -714 |
| Financing cash flow | -2,401 | -3,685 | -1,035 | -1,781 | -936 |
| Share repurchases | -1,437 | -697 | -212 | -250 | — |
| Debt issued | 2,276 | 23.0 | 1,370 | 2,023 | 2,872 |
| Debt repaid | -2,372 | -2,243 | -1,542 | -2,851 | -3,221 |
| Net change in cash | -136 | 1,791 | 370 | -1,506 | -82.0 |
| Free cash flow | 2,530 | 1,116 | 1,623 | 321 | 910 |
| Levered free cash flow | 1,677 | 2,329 | 903 | 104 | 1,559 |