Tenet Healthcare revenue and financials
$259.93Change from previous close: +0.56%Absolute change: +$1.46
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 30,676 | 31,203 | 29,677 | 29,418 | 28,699 | 29,237 | 28,936 | 29,372 | 29,265 | 28,907 | 28,312 | 27,590 |
| Current assets | 7,827 | 8,356 | 7,849 | 7,810 | 7,298 | 7,913 | 7,682 | 8,759 | 7,955 | 7,821 | 7,167 | 6,359 |
| Cash and equivalents | 2,170 | 2,967 | 2,883 | 2,975 | 2,625 | 2,999 | 3,019 | 4,094 | 2,880 | 2,481 | 1,228 | 1,054 |
| Receivables | 4,618 | 4,362 | 3,856 | 3,773 | 3,696 | 3,807 | 3,609 | 3,566 | 3,887 | 4,166 | 3,946 | 3,901 |
| Inventory | 338 | 343 | 348 | 346 | 338 | 344 | 346 | 356 | 382 | 395 | 411 | 413 |
| Net property, plant and equipment | 6,258 | 6,251 | 7,449 | 6,091 | 6,024 | 5,991 | 7,086 | 5,552 | 5,857 | 5,855 | 7,319 | 6,260 |
| Goodwill | 11,437 | 11,387 | 11,198 | 11,158 | 10,935 | 10,786 | 10,691 | 10,588 | 10,799 | 10,568 | 10,307 | 10,415 |
| Other intangible assets | 1,281 | 1,316 | 1,348 | 1,348 | 1,372 | 1,400 | 1,397 | 1,373 | 1,413 | 1,399 | 1,368 | 1,400 |
| Long-term investments | 2,967 | 2,971 | 1,442 | 2,939 | 2,994 | 3,069 | 1,532 | 2,691 | 2,843 | 2,850 | 1,560 | 2,838 |
| Current liabilities | 5,567 | 6,152 | 4,463 | 4,560 | 4,271 | 4,451 | 4,310 | 5,538 | 5,493 | 5,416 | 4,760 | 4,432 |
| Accounts payable | 1,371 | 1,339 | 1,360 | 1,356 | 1,360 | 1,327 | 1,294 | 1,265 | 1,270 | 1,538 | 1,408 | 1,347 |
| Long-term debt | 12,417 | 12,492 | 12,685 | 12,498 | 12,494 | 12,485 | 12,691 | 12,469 | 12,458 | 12,448 | 14,762 | 14,496 |
| Total debt | 13,248 | 13,209 | 13,171 | 13,187 | 13,175 | — | — | — | — | — | — | — |
| Total liabilities | 21,976 | 22,353 | 20,704 | 20,718 | 20,397 | 20,584 | 20,389 | 21,297 | 21,396 | 21,236 | 22,804 | 22,409 |
| Total equity (incl. minority) | 8,700 | 8,850 | 8,973 | 8,700 | 8,302 | 8,653 | 8,547 | 8,075 | 7,869 | 7,671 | 5,508 | 5,181 |
| Retained earnings | 5,943 | 5,117 | 4,415 | 4,044 | 3,702 | 3,414 | 3,008 | 2,690 | 2,218 | 1,959 | -192 | -436 |
| Minority interest | 4,042 | 4,036 | 4,753 | 4,686 | 4,553 | 4,472 | 4,376 | 4,241 | 4,394 | 4,218 | 3,900 | 3,717 |