Tenet Healthcare (THC) reported $21.3B in revenue for fiscal 2025, +3.1% year on year. That ranks #267 by revenue among 2853 SEC filers and #30 in Healthcare. Net income was $2.4B, a net margin of 11.1%. Revenue has grown 0.1% a year on average since 2016 ($21.1B then). The fiscal 2025 balance sheet shows $29.7B in total assets, $2.9B in cash and $13.1B in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenueFromContractWithCustomerExcludingAssessedTax | $21.3B | +3.1% | FY20252025-12-31 |
| Gross profit | Not reported | — | |
| Operating incomeOperatingIncomeLoss | $3.5B | −41.1% | FY20252025-12-31 |
| Net incomeNetIncomeLoss | $2.4B | −41.8% | FY20252025-12-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $3.5B | +72.9% | FY20252025-12-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $1.0B | +8.5% | FY20252025-12-31 |
| Total assetsAssets | $29.7B | +2.6% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquity | $4.2B | +1.2% | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $2.9B | −4.5% | FY20252025-12-31 |
| Long-term debtLongTermDebtAndCapitalLeaseObligations | $13.1B | +0.1% | FY20252025-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q1 20262026-03-31 | $5.4B | $906M | Open → |
| Q2 20262026-06-30 | $5.6B | $1.0B | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Where this sits in its sector
Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.
| Where this sits in its sector | FY2025 | Position in sector |
|---|---|---|
| Net marginRank 50 of 161 companies compared | 11.1% | |
| Operating marginRank 50 of 160 companies compared | 16.5% | |
| Cash as share of revenueRank 72 of 160 companies compared | 13.5% |
All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.
Profile
- Legal name
- Tenet Healthcare Corp
- Ticker
- THC
- Exchange
- NYSE
- SIC classification
- Services-General Medical & Surgical Hospitals, NEC (8062)
- Fiscal year end
- 12-31
- CIK
- 0000070318
Filings
- 10-QJul 29, 2026Open filing →
- 10-QApr 30, 2026Open filing →
- 10-KFeb 17, 2026Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| 3MMMM | $24.9B | $3.3B |
| Fresenius Medical CareFMS | $22.2B | $1.1B |
| Becton DickinsonBDX | $21.8B | $1.7B |
| Tenet HealthcareTHC | $21.3B | $2.4B |
| GE Healthcare TechnologiesGEHC | $20.6B | $2.1B |
| Koninklijke PhilipsPHG | $20.2B | $1.0B |
| Boston ScientificBSX | $20.1B | $2.9B |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Tenet Healthcare — Key figures |url=https://companiesranked.com/en/company/tenet-healthcare |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Tenet Healthcare — Key figures. CompaniesRanked. https://companiesranked.com/en/company/tenet-healthcareBibTeX
@misc{companiesranked-en-company-tenet-healthcare-2026,
author = {{CompaniesRanked}},
title = {{Tenet Healthcare — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/tenet-healthcare}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0000070318-26-000012 · February 17, 2026
{{cite web |title=Tenet Healthcare — Key figures — 10-K (0000070318-26-000012) |url=https://www.sec.gov/Archives/edgar/data/70318/000007031826000012/thc-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-17}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.