Tenet Healthcare Corporation

THC Healthcare Medical Care Facilities

Tenet Healthcare Corporation’s revenue for fiscal 2025 (year ended December 2025) was $21.3 billion, up 3.07% from fiscal 2024.

Revenue
+6.47%
EPS
+291.1%
Free cash flow
+39.2%
Total debt
+0.42%

Quarter to September 2026, against a year earlier

282.05 4.41 −1.54%
Market cap
$22.8B
P/E
7.6×
Fwd P/E
7.5×
Dividend yield
—
F-score
7/9
Altman Z
1.91
Beneish M
−2.67
Dividend safety
57/100

Tenet Healthcare Corporation (THC) EBITDA

Alert me on EBITDA

Tenet Healthcare Corporation's EBITDA for fiscal 2025 was $4.4B, down 35.4% from $6.8B in fiscal 2024. Over the twelve months to 30 September 2026 it was $7.1B. Over the past ten years it has ranged from $1.9B (fiscal 2015) to $6.8B (fiscal 2024); the current reading is higher than 91% of that period. Tenet Healthcare Corporation ranks 2nd of 48 Medical Care Facilities companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $4.4B (35.38%)
FY2024 $6.8B 99.30%
FY2023 $3.4B 6.39%
FY2022 $3.2B (14.68%)
FY2021 $3.8B 30.34%
FY2020 $2.9B 19.08%
FY2019 $2.4B (2.50%)
FY2018 $2.5B 22.55%
FY2017 $2.0B (5.19%)
FY2016 $2.1B 11.64%

Quarterly newest first

Period EBITDA Change
Sep 2026 $2.0B (7.63%)
Jun 2026 $2.1B 9.88%
Mar 2026 $1.9B 78.42%
Dec 2025 $1.1B (2.16%)
43 more quarters

Against its own ten years

Low $1.9B High $6.8B
Ten-year median $2.9B
Current reading's percentile 91

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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