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

THC's Operating Income Growth by Quarter and Year

Tenet Healthcare's Operating Income results by quarter and year




THC Operating Income (in millions $) FY 2021 FY 2020 FY 2019 FY 2018
IV Quarter December - 920.00 460.00 404.00
III Quarter September - 271.00 294.00 320.00
II Quarter June - 471.00 388.00 406.00
I Quarter March 520.00 327.00 371.00 517.00
FY   520.00 1,989.00 1,513.00 1,647.00



THC Operating Income first quarter 2021 Y/Y Growth Comment
Tenet Healthcare Corp achieved in the first quarter, above Company average Operating Income rise of 59.02% year on year, to $ 520.00 millions.

Looking into first quarter results within Healthcare Facilities industry 9 other companies have achieved higher Operating Income growth. While Tenet Healthcare Corp' s Operating Income jump of 59.02% ranks overall at the positon no. 595 in the first quarter.

Explain Operating Income growth


THC Operating Income ( Y/Y Growth %) 2021
2020 2019 2018
IV Quarter December - 100 % 13.86 % -16.7 %
III Quarter September - -7.82 % -8.13 % 527.45 %
II Quarter June - 21.39 % -4.43 % 30.97 %
I Quarter March 59.02 % -11.86 % -28.24 % 93.63 %
FY   - 31.46 % -8.14 % 47.98 %

Financial Statements
Tenet Healthcare's first quarter 2021 Operating Income $ 520.00 millions THC's Income Statement
Tenet Healthcare's first quarter 2020 Operating Income $ 327.00 millions Quarterly THC's Income Statement
New: More THC's historic Operating Income Growth >>


THC Operating Income (Quarter on Quarter Growth %)

2021
2020 2019 2018
IV Quarter December - 239.48 % 56.46 % 26.25 %
III Quarter September - -42.46 % -24.23 % -21.18 %
II Quarter June - 44.04 % 4.58 % -21.47 %
I Quarter March -43.48 % -28.91 % -8.17 % 6.6 %
FY (Year on Year)   - 31.46 % -8.14 % 47.98 %




Operating Income first quarter 2021 Y/Y Growth Company Ranking
Within: No.
Healthcare Facilities Industry #10
Healthcare Sector #36
Overall #595

Operating Income Y/Y Growth Statistics
High Average Low
527.45 % 35.17 % -84.68 %
(Sep 30 2018)   (Sep 30 2017)
Operating Income first quarter 2021 Y/Y Growth Company Ranking
Within: No.
Healthcare Facilities Industry #10
Healthcare Sector #36
Overall #595
Operating Income Y/Y Growth Statistics
High Average Low
527.45 % 35.17 % -84.68 %
(Sep 30 2018)   (Sep 30 2017)

Operating Income by Quarter for the Fiscal Years 2018, 2019, 2020, 2021

Tenet Healthcare's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
850.98 % 25.59 % -83.55 %
(Dec 31 2017)  


THC's I. Quarter Q/Q Operating Income Comment
In the I. Quarter 2021 Tenet Healthcare Corp reported fall in Operating Income from the previous quarter by -43.48% to $ 520.00 millions, from $ 920.00 millions declared in the previous reporting period.

When you analyse current shortcoming in the quarter, you suppose to presume, that frequently I. Quarter Operating Income appear to be softer in contrast to the quarter before, Majken Gustafsson, an industry researcher said.

Within Healthcare Facilities industry 19 other companies have achieved higher Operating Income quarter on quarter growth. While Tenet Healthcare's Operating Income growth quarter on quarter, overall rank is 1380.


Operating Income Q/Q Growth Company Ranking
Within: No.
Healthcare Facilities Industry #20
Healthcare Sector #96
Overall #1380
Operating Income Q/Q Growth Company Ranking
Within: No.
Healthcare Facilities Industry #20
Healthcare Sector #96
Overall #1380
Operating Income Q/Q Growth Statistics
High Average Low
850.98 % 25.59 % -83.55 %
(Dec 31 2017)  


THC's I. Quarter Q/Q Operating Income Comment
In the I. Quarter 2021 Tenet Healthcare Corp reported fall in Operating Income from the forth quarter by -43.48% to $ 520.00 millions, from $ 920.00 millions released in the previous quarter.

It's not big issue, as Operating Income always seem to dip in the I. Quarter.

Within Healthcare Facilities industry 19 other companies have achieved higher Operating Income quarter on quarter growth. While Tenet Healthcare's Operating Income growth quarter on quarter, overall rank is 1380.


Tenet Healthcare's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Mar 31 2021)
12 Months Ending
(Dec 31 2020)
12 Months Ending
(Sep 30 2020)
12 Months Ending
(Jun 30 2020)
12 Months Ending
(Mar 31 2020)
Cumulative Operating Income 12 Months Ending $ 2,182.00 $ 1,989.00 $ 1,529.00 $ 1,552.00 $ 1,469.00
Y / Y Operating Income Growth (TTM) 48.54 % 31.46 % 4.94 % 4.65 % -2.13 %
Year on Year Operating Income Growth Overall Ranking # 396 # 532 # 845 # 834 # 1170
Seqeuential Operating Income Change (TTM) 9.7 % 30.09 % -1.48 % 5.65 % -2.91 %
Seq. Operating Income Growth (TTM) Overall Ranking # 288 # 272 # 1360 # 674 # 1163




Cumulative Operating Income growth Comment
Tenet Healthcare saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 48.54% year on year, to $ 2,182 millions if the fiscal year would have ended in Mar 31 2021.
Tenet Healthcare's trailing twelve months Operating Income growth was higher than company's average 19.69% and higher than 31.46% growth in Dec 31 2020.
But from twelve months ended Dec 31 2020 rise was beneth at 9.7 % from $1989 millions recorded in twelve months ending a quarter Dec 31 2020 Majken Gustafsson continued.
Yet it was validation of convincing trend, as the usual sequential Operating Income gain lays at 4.09%.
The progress is even stronger from twelve months ended Dec 31 2020 exhibited at 9.7 % jump from $1989 millions in the period from Dec 31 2020 to Mar 31 2020.

In the Healthcare sector 36 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 396, from total ranking in previous quarter at 532.

Operating Income TTM Q/Q Growth Statistics
High Average Low
30.09 %
4.09 %
-28.97 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Healthcare Facilities Industry # 6
Healthcare Sector # 37
Overall # 395

Operating Income TTM Y/Y Growth Statistics
High Average Low
116.53 %
19.69 %
-28.68 %
(Sep. 30, 2009)  


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 14
S&P 500 # 288
Cumulative Operating Income growth Comment
Tenet Healthcare saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 48.54% year on year, to $ 2,182 millions if the fiscal year would have ended in Mar 31 2021.
Tenet Healthcare's trailing twelve months Operating Income growth was higher than company's average 19.69% and higher than 31.46% growth in Dec 31 2020.
But from the previous reporting period growth rate was less at 9.7 % from $1989 millions reported in the period from Dec 31 2020 to Mar 31 2020 Majken Gustafsson continued.
Yet this was validation of strength, while the typical sequential gain is at 4.09%.
The momentum was much higher from twelve months ended Dec 31 2020 exhibited at 9.7 % increase from $1989 millions in twelve months ending a quarter before.

In the Healthcare sector 36 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 396, from total ranking in previous quarter at 532.

Operating Income TTM Q/Q Growth Statistics
High Average Low
30.09 %
4.09 %
-28.97 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Healthcare Facilities Industry # 6
Healthcare Sector # 37
Overall # 395

Operating Income TTM Y/Y Growth Statistics
High Average Low
116.53 %
19.69 %
-28.68 %
(Sep. 30, 2009)  


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 3
Sector # 14
S&P 500 # 288




Other Operating Income Growth
Healthcare Facilities Industry Operating Income Growth Trends and Statistics
Healthcare Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
THC's Operating Income Growth Ratio versus Healthcare Facilities Industry, Healthcare Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for THC's Competitors
Operating Income Growth for Tenet Healthcare's Suppliers
Operating Income Growth for THC's Customers

You may also want to know
THC's Annual Growth Rates 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
THC's Roa THC's Inventory Turnover Ratio THC's Growth Rates THC's Dividend Comparisons



Companies with similar Operating Income fall for the quarter ending Mar 31 2021 within Healthcare SectorY/Y Change %Operating Income for the quarter ending Mar 31 2021
West Pharmaceutical Services Inc 99.55%$ 99.545 millions
Mednax Inc 98.99%$ 98.994 millions
Rigel Pharmaceuticals Inc98.58%$ 98.578 millions
Lemaitre Vascular Inc82.52%$ 82.518 millions
Iqvia Holdings Inc 77.20%$ 77.202 millions
Semler Scientific inc 74.36%$ 74.363 millions
Idexx Laboratories Inc71.57%$ 71.572 millions
Avantor Inc 68.12%$ 68.119 millions
Adapthealth Corp 65.50%$ 65.500 millions
Tenet Healthcare Corp59.02%$ 59.021 millions
Regeneron Pharmaceuticals Inc 58.93%$ 58.934 millions
Diffusion Pharmaceuticals Inc 58.51%$ 58.507 millions
Amedisys Inc56.94%$ 56.939 millions
Conmed Corporation52.46%$ 52.460 millions
Lhc Group Inc51.28%$ 51.279 millions
Intuitive Surgical Inc 47.28%$ 47.279 millions
Bio techne Corp43.60%$ 43.596 millions
Zoetis Inc 40.75%$ 40.755 millions
Endo International Plc40.41%$ 40.411 millions
Amphastar Pharmaceuticals Inc 37.78%$ 37.781 millions
Dexcom Inc 36.61%$ 36.607 millions
Bio rad Laboratories Inc 35.62%$ 35.616 millions
Medpace Holdings inc 34.07%$ 34.067 millions
Henry Schein Inc 32.25%$ 32.245 millions
Charles River Laboratories International inc 31.21%$ 31.207 millions
Hill rom Holdings Inc 30.93%$ 30.928 millions


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