Tenet Healthcare Corporation New (THC)

From the record

Tenet Healthcare Corporation New's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Tenet Healthcare Corporation New's 10 filed years say what it did: revenue went from $21 billion in fiscal 2016 to $21 billion in fiscal 2025, up 0.1% a year; it rose in 5 of 9 years; the deepest fall was 16% from fiscal 2016 to fiscal 2020; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Tenet Healthcare Corporation New's diluted share count shrank about 6.3% a year, and dividends and buybacks returned about 28% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 43 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Tenet Healthcare Corporation New earned about 39 cents of profit for every dollar of shareholders' money. Leverage: it owed about 80 cents per dollar of assets, and net share issuance: its share count shrank 7.2% over the year (the filed statements).

From the record

Tenet Healthcare Corporation New's standing among 22 graded names in its industry family: revenue of $21 billion in fiscal 2025 ranks in the top 7% by size; a net margin of 11.1% ranks in the top 2%; revenue growth of 3.6% a year over the last 3 filed years ranks in the bottom 20% (its annual reports).

From the record

Tenet Healthcare Corporation New's leadership, from its insiders' filings and its current reports: the chief executive on the record is Sutaria, Saumya (CEO, as filed), filing under that title since 2021-09-03, 5.2 years (bottom 45% of its family); the 19 officers and directors filing in the last fifteen months have been on the record a median of 7.3 years (bottom 47%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 19 people in charge now (top 25%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Tenet Healthcare Corporation New's room to grow, from the newest filed statements (fiscal 2025): cash of $2.9 billion against debt of $13 billion leaves -34.4% of its assets as net cash, top 50% of its family; cash from operations less capital spending is 11.9% of revenue (top 11%) (its annual report).

From the record

Tenet Healthcare Corporation New's growth drivers, from the filed years to fiscal 2025: revenue grew 3.6% a year over the last three filed years against 0.1% over all 10, speeding up (top 39% of its family); the newest year grew 3.1% (bottom 20%); capital spending grew 9.8% a year (top 29%) (its annual reports). Tenet Healthcare Corporation New reported 2 lines of business in fiscal 2025: Hospital Operations at $16 billion, Ambulatory Care at $5.2 billion. 1 of 2 grew in the latest filed year, and the largest line is 76% of revenue (its annual report).

From the record

Tenet Healthcare Corporation New's newest year against its own record: revenue of $21 billion in fiscal 2025 came in 0.7% below the $21 billion its prior three years' pace pointed to (bottom 43% of its family); net income of $2.4 billion against a prior three-year average of $2.1 billion (bottom 39%); a net margin of 11.1% against 10.4% before (top 48%) (its annual reports).