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


 

Tenet Healthcare Corp

THC's Financial Statements and Analysis



Tenet Healthcare Corp reported in the forth quarter of 2023 net earnings per share of $2.42 an increase by 166.64 % year on year from $0.91 and an improvement of 157.11 % from $0.94 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 2.42 $  5,379 Mill
$+1.51     +166.64 % $+389M     +7.8 %



Tenet Healthcare's Revenue rose by 7.8 % in forth quarter of 2023 (Dec 31 2023) year on year, to $5,379 million and advanced by 6.18 % sequentially.


Tenet Healthcare is

More on THC's Income Statement



Tenet Healthcare's net income of $456.000 million in the forth quarter of 2023 increased by 66.42 % from net earnings of $274.000 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 71.43 % from net income of $266.000 million realized in previous quarter.

More on THC's Growth

Tenet Healthcare Inventories
Inventories grew by 1.48 % to $411 million from IV. Quarter a year ago, sequentially inventories fell by -0.48 %. THC's Cash flow In the forth quarter of 2023 company's net cash flow was $174 million, capital expenditures grew by -290-28.28%, to $-208 millions compare to same quarter a year ago

More on THC's Cash flow Statement


Tenet Healthcare Corp does not pay out common stock dividend.

In trailing twelve-month period Tenet Healthcare Corp earned $ 22.19 cash per share, on a free-cash flow basis 380.55 % of net earning per share.

Book value grew by 5.69 % sequentially to $29.13 per share, 110.76% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -79.98 per share from $ -85.58.

Company issued 2.58 million shares or 2.47 % in Dec 31 2023.
Interest Coverage Ratio was 2.79. Debt Coverage Ratio was 0.17.

More on THC's Dividends

 Market Capitalization (Millions) 11,224
 Shares Outstanding (Millions) 107
 Total Debt (Millions $) 15,002
 Revenue (TTM) (Millions $) 20,548
 Net Income (TTM) (Millions $) 1,311
 Cash Flow (TTM) (Millions $) 370
 Capital Exp. (TTM) (Millions $) -751
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 108,000




Tenet Healthcare Corp does not pay out common stock dividend.

In trailing twelve-month period Tenet Healthcare Corp had $ 22.19 cash flow per share, on a free-cash flow basis 380.55 % of net earning per share.

Book value grew by 5.69 % sequentially to $29.13 per share, 110.76% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -79.98 per share from $ -85.58.

Company issued 2.58 million shares or 2.47 % in Dec 31 2023.
Interest Coverage Ratio was 2.79. Debt Coverage Ratio was 0.17.

More on THC's Balance Sheets

 Market Capitalization (Millions) 11,224
 Shares Outstanding (Millions) 107
 Total Debt (Millions $) 15,002
 Revenue (TTM) (Millions $) 20,548
 Net Income (TTM) (Millions $) 1,311
 Cash Flow (TTM) (Millions $) 370
 Capital Exp. (TTM) (Millions $) -751
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 108,000
   


  News about Tenet Healthcare Corp Earnings

Tenet Healthcare Corp Overcomes Impairment Charges to See Profits Rise2.

Tenet Healthcare Corporation, a leading healthcare facilities company, recently released its financial report for the quarter and year ended December 31, 2023. The report showed a significant increase in revenue, profits, and net income compared to the previous year, indicating a strong performance by the company. Despite these positive numbers, Tenet Healthcare Corporation also announced the redemption of $2.1 billion in debt, highlighting the challenges faced by the company.
In the December 31, 2023 report, Tenet Healthcare Corporation recorded a 7.796% increase in revenue, reaching $5.38 billion compared to $4.99 billion in the previous year. The company's profits rose by an impressive 166.64% to $2.4...

Tenet Healthcare Corp Faces Challenging Third Quarter with Impairment Charges, but Maintains Profits

Tenet Healthcare Corp: A Bearish Outlook for the Third Quarter of 2023
The healthcare facilities company, Tenet Healthcare Corp, recently released its third-quarter financial results, which exhibited a mixed performance. While the revenue experienced a moderate increase of 5.52% to $5.07 billion in comparison to the previous year's $4.8 billion, the income took a significant hit, plummeting by -18.97% to $0.94 per share from $1.16 in the same quarter of the prior year. Moreover, the revenue also slightly decreased by -0.315% from $5.08 billion in the previous period, and the profits saw a decline of -18.26% from $1.15 per share.
Despite these figures, Tenet Healthcare Corp seems determined to continu...

Tenet Healthcare Shatters Expectations: Profits Soar 228% Amid Challenges



Tenet Healthcare Corp, a leading healthcare facilities company, recently released its financial results for the April to June 30, 2023 period. The company reported a significant increase in earnings per share (EPS), a notable rise in revenue, and strong net income growth. These positive results demonstrate Tenet Healthcare Corp's profound resilience and ability to thrive despite the challenging economic environment. This article aims to analyze and contextualize the financial performance of the company during this period.
1. Impressive EPS Elevation:
Tenet Healthcare Corp achieved an EPS elevation of 228.57% to $1.15 in the April to June 30, 2023 financial period. This substantial increase ...


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





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