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Tenet Healthcare Corp (THC) |
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Tenet Healthcare's ROI from its fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period
Return on Investment, Quarterly Results, Trends, Rankings, Statistics
What is Tenet Healthcare's ROI in the fourth quarter of 2023?
Tenet Healthcare Corp achieved a return on average invested assets (ROI) of 5.73 % in its fourth quarter of 2023, this is above THC's average return on investment of 1%. Tenet Healthcare Corps investments during the 12 months ending in the fourth quarter of 2023 are valued at $22 billion ROI has improved compared to 4.97% in the third quarter of 2023, due to net income growth.
Within the Healthcare sector 93 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the third quarter of 2023 from 299 to 965.
Definition and Formula of Return on Investment
Select the Comparisons :
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Select the Ratio:
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Return on Investment ROI▼
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Return on Investment ROI▼
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Return On Investment |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Investment Change |
2.41 % |
0.35 % |
2.29 % |
2.94 % |
- |
Y / Y Net Income Change |
66.42 % |
-0.75 % |
63.69 % |
5.71 % |
-34.61 % |
Investment (TTM) in Millions |
23,226 |
22,880 |
22,762 |
22,628 |
22,680 |
Return On Investment (TTM) |
5.73 % |
4.97 % |
4.98 % |
4.5 % |
4.46 % |
THC's Overall
Ranking |
# 965 |
# 299 |
# 1323 |
# 1233 |
# 385 |
Seq. Investment Change |
1.51 % |
0.52 % |
0.59 % |
-0.23 % |
-0.53 % |
Seq. Net Income Change |
71.43 % |
-9.22 % |
-1.01 % |
8.03 % |
2.24 % |
Net Income (TTM) in Millions |
1,311 |
1,129 |
1,131 |
1,017 |
1,001 |
Return
On Investment THC's Ranking |
Within: |
No. |
Industry |
# 9 |
Sector |
# 94 |
Overall |
# 965 |
Return On Investment Statistics |
High |
Average |
Low |
18.21 % |
1 % |
-30.22 % |
(Dec. 30, 2010) |
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(Sep. 30, 2005) |
News about Tenet Healthcare Corp |
Tenet Healthcare Appoints Vineeta Agarwala, M.D., PhD, to its Board of Directors Tenet Healthcare Corporation (NYSE: THC) has recently announced the appointment of Vineeta Agarwala, M.D., PhD, to its Board of Directors, effective immediately. Dr. Agarwala brings a wealth of knowledge and experience to the position and will serve as a member of the Quality, Compliance, and Ethics Committee, as well as the Human Resources Committee. With this appointment, the size of the Tenet Board has increased to 13 directors. Saum Sutaria, M.D., Chairman, and Chief Executive Officer of Tenet, expressed his enthusiasm for Dr. Agarwala joining the Board. We are pleased to welcome Dr. Vineeta Agarwala to the Tenet Board, said Dr. Sutaria. Her expertise and insights will be invaluable as we continue to navigate the rapidly evolving healthcare landscape and drive our strategic growth initiatives.
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THC Annual Return On Investment |
(Dec 31 2023) 2023 |
(Dec 31 2022) 2022 |
(Dec 31 2021) 2021 |
(Dec 31 2020) 2020 |
(Dec 31 2019) 2019 |
Total Investments in Millions |
23,226 |
22,680 |
22,470 |
22,259 |
19,119 |
Y / Y Investment Growth |
2.41 % |
0.93 % |
0.95 % |
16.42 % |
3.26 % |
Net Income in Millions |
1,311 |
1,001 |
1,476 |
768 |
154 |
Y / Y Net Income Growth |
30.97 % |
-32.18 % |
92.19 % |
398.7 % |
-66.95 % |
Annual Return On Investment
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5.64 % |
4.41 % |
6.57 % |
3.45 % |
0.81 % |
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