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Tenet Healthcare Corp  (THC)
Other Ticker:  
 
    Sector  Healthcare    Industry Healthcare Facilities
   Industry Healthcare Facilities
   Sector  Healthcare


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


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)   (Sep. 30, 2005)



  News about Tenet Healthcare Corp

Tenet Healthcare Strengthens Board of Directors with the Addition of Dr. Vineeta Agarwala, Expert in Quality Care and Workforce Development

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.






Financial Statements
Tenet Healthcare's IV. Quarter Investments $ 23,226 Millions THC's Balance sheet
Tenet Healthcare's IV. Quarter Income $ 456 Millions Quarterly THC's Income Statement
THC's Income by Division See THC's Income by Division


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 5.64 % 4.41 % 6.57 % 3.45 % 0.81 %


Annual Roi Comment
In the fiscal year 2023 ROI improved to 5.64 % compared to the prior year, due to net income growth.

Definition and Formula of Return on Investment

Other ROI Ratios
Healthcare Facilities Industry Roi Trends and Statistics
Healthcare Sector Return On Investment Statistics
Roi Trends for overall market
THC's Roi Ratio versus Healthcare Facilities Industry, Healthcare Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Return On Investment for THC's Competitors
Roi for Tenet Healthcare's Suppliers
Return On Investment for THC's Customers

Other Ratios
THC's Roa THC's Inventory Turnover Ratio THC's Growth Rates THC's Dividend Statistics
THC's Profitability Ratios THC's Asset Turnover Ratio THC's Dividend Growth
THC's Roe THC's Valuation Ratios THC's Financial Strength Ratios THC's Dividend Payout Ratio



Companies with similar Return On Investment at Dec 31 2023, within Healthcare Sector ROI
Eli Lilly And Company  15.18 %
Alpha Pro Tech Ltd   15.16 %
Regeneron Pharmaceuticals Inc   14.46 %
Resmed Inc   14.24 %
Intuitive Surgical Inc   14.18 %
Shockwave Medical Inc   13.81 %
Utah Medical Products Inc  13.61 %
Ufp Technologies Inc   13.08 %
Orasure Technologies Inc  12.68 %
Progyny Inc   12.20 %
Pro dex Inc   12.04 %
Dexcom Inc   12.01 %
Organon and Co   11.96 %
Cadre Holdings Inc   11.72 %
Baxter International Inc   11.56 %
Incyte Corporation  11.52 %
Gilead Sciences Inc   11.46 %
Tactile Systems Technology Inc   11.45 %
Neurocrine Biosciences Inc   11.39 %
Hologic Inc  11.38 %
Hutchmed china Limited  11.36 %
Bristol myers Squibb Company  11.11 %
Align Technology inc   11.02 %
Patterson Companies Inc   10.96 %
Smith and Nephew Plc  10.52 %
Kewaunee Scientific Corporation  10.37 %
Electromed Inc   10.30 %
Option Care Health Inc   10.29 %
Insulet Corporation  10.29 %
Stryker Corp  10.23 %


Date modified: 2024-02-17T12:28:29+00:00



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