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Tenet Healthcare Corp
Previous close
$155.02
Day range
$154.84 - $157.51
Year range
$52.08 - $171.20
Market cap
14.96B USD
Avg Volume
1.23M
P/E ratio
4.99
Dividend yield
-
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 5.12B | 1.11% |
Operating expense | 1.32B | -0.38% |
Net income | 472.00M | 367.33% |
Net profit margin | 9.22 | 363.32% |
Earnings per share | 2.93 | 103.47% |
EBITDA | 910.00M | 13.89% |
Effective tax rate | 26.14% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 4.09B | 288.43% |
Total assets | 29.37B | 6.46% |
Total liabilities | 21.30B | -4.96% |
Total equity | 8.08B | — |
Shares outstanding | 95.10M | — |
Price to book | 3.84 | — |
Return on assets | 5.98% | — |
Return on capital | 8.41% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 472.00M | 367.33% |
Cash from operations | 1.04B | 107.75% |
Cash from investing | 667.00M | 494.67% |
Cash from financing | -498.00M | -132.71% |
Net change in cash | 1.21B | 911.67% |
Free cash flow | 789.88M | 144.17% |
About
Tenet Healthcare Corporation is a for-profit multinational healthcare services company based in Dallas, Texas, United States. Through its brands, subsidiaries, joint ventures, and partnerships, including United Surgical Partners International, the company operates 65 hospitals and over 450 healthcare facilities. Tenet also operates Conifer Health Solutions, which provides healthcare support services to health systems and other clients.
Since its founding in 1969, Tenet has expanded significantly. Among other major acquisitions and formations, Tenet founded Conifer Health Solutions in 2008, MedPost Urgent Care in 2014, and in 2013 acquired Vanguard Health Systems, Inc., an investor-owned hospital company whose operations complemented Tenet's existing business. The acquisition created the third-largest investor-owned hospital company in the United States in terms of revenue and the third-largest in number of hospitals owned. In 2015, Tenet acquired USPI, which created the largest operator of outpatient surgery centers in the United States. In 2021, the company ranked 167th in the Fortune 500. Wikipedia
CEO
Founded
1969
Headquarters
Website
Employees
92,655
