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

281.27 5.19 −1.81%
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) Return on assets

Alert me on Return on assets

Tenet Healthcare Corporation's return on assets over the twelve months to 30 September 2026 was 9.50%, up 4.7 percentage points from fiscal 2025 (4.80%). Over the past ten years it has ranged from −2.93% (fiscal 2017) to 11.2% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Medical Care Facilities industry median of 2.78% and above the Healthcare sector median of −29.3%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 4.80% (6.38)
FY2024 11.2% 8.98
FY2023 2.20% 0.70
FY2022 1.50% (1.84)
FY2021 3.34% 1.76
FY2020 1.58% 2.52
FY2019 −0.94% (1.39)
FY2018 0.45% 3.38
FY2017 −2.93% (2.14)
FY2016 −0.79% (0.12)

Against its own ten years

Low −2.93% High 11.2%
Ten-year median 1.50%
Current reading's percentile 91

Return on assets against peers

Company Return on assets
CHE Chemed Corporation compare 16.9%
THC Tenet Healthcare Corporation 9.50%
UHS Universal Health Services, Inc. compare 8.99%
EHC Encompass Health Corporation compare 8.93%
CON Concentra Group Holdings Parent, Inc. compare 7.41%
ENSG The Ensign Group, Inc. compare 7.11%
DVA DaVita Inc. compare 5.20%
PACS PACS Group, Inc. compare 4.81%
FMS Fresenius Medical Care AG & Co. KGaA compare 2.62%
Medical Care Facilities industry median 2.78%
Healthcare sector median −29.3%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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