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
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Tenet Healthcare Corporation (THC) Return on invested capital
Tenet Healthcare Corporation's return on invested capital over the twelve months to 30 September 2026 was 21.6%, up 8.2 percentage points from fiscal 2025 (13.5%). Over the past ten years it has ranged from 4.45% (fiscal 2015) to 23.3% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Medical Care Facilities industry median of 5.47% and above the Healthcare sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 13.5% | (9.85) |
| FY2024 | 23.3% | 14.01 |
| FY2023 | 9.29% | 0.55 |
| FY2022 | 8.74% | (2.96) |
| FY2021 | 11.7% | 2.95 |
| FY2020 | 8.75% | 2.31 |
| FY2019 | 6.44% | (0.33) |
| FY2018 | 6.77% | 2.09 |
| FY2017 | 4.68% | (0.31) |
| FY2016 | 4.99% | 0.54 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| CHE Chemed Corporation compare | 22.1% |
| THC Tenet Healthcare Corporation | 21.6% |
| PACS PACS Group, Inc. compare | 19.3% |
| DVA DaVita Inc. compare | 13.5% |
| ENSG The Ensign Group, Inc. compare | 13.4% |
| CON Concentra Group Holdings Parent, Inc. compare | 12.7% |
| EHC Encompass Health Corporation compare | 12.1% |
| UHS Universal Health Services, Inc. compare | 9.42% |
| FMS Fresenius Medical Care AG & Co. KGaA compare | 5.47% |
| Medical Care Facilities industry median | 5.47% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on THC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement