Tenet Healthcare Corporation
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| – | 38.6 | 32.9 | 24.4 | 21.7 | 29.9 | 10.3 | – | – | – | – | – | 23.0 | 14.6 | 3.3 | 30.2 | 23.3 | – | 423.7 | – | – | – | 17.1 | – | 10.6 | 9.7 | 13.1 | 13.0 | 3.9 | 12.8 | |
| 0.5 | 1.0 | 0.8 | 0.6 | 1.2 | 1.6 | 0.6 | 0.7 | 0.6 | 0.4 | 0.4 | 0.3 | 0.1 | 0.3 | 0.5 | 0.3 | 0.4 | 0.4 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.5 | 0.3 | 0.4 | 0.6 | 0.8 | |
| 1.8 | 3.1 | 2.3 | 1.8 | 3.4 | 3.8 | 1.4 | 1.7 | 3.0 | 3.5 | 12.5 | 44.7 | 5.6 | 4.2 | 2.1 | 1.7 | 3.1 | 5.7 | 7.8 | 4.3 | 3.5 | – | – | – | 151.4 | 8.6 | 4.7 | 4.9 | 3.0 | 4.3 | |
| 0.5 | 1.0 | 0.8 | 1.1 | 1.5 | 1.9 | 0.9 | 1.1 | 1.0 | 0.8 | 0.9 | 0.8 | 0.6 | 0.7 | 0.9 | 0.8 | 0.9 | 1.4 | 1.0 | 0.9 | 0.8 | 0.8 | 0.9 | 1.0 | 1.0 | 1.1 | 1.0 | 1.1 | 1.1 | 1.3 | |
| 5.4 | 5.6 | 4.4 | 6.7 | 8.6 | 10.6 | 4.4 | – | – | 22.6 | – | 10.0 | 5.8 | 5.9 | 7.7 | 7.2 | 7.2 | 17.4 | 9.5 | 8.8 | 7.7 | 8.8 | 6.6 | 8.5 | 6.9 | 6.0 | 6.4 | 6.4 | 3.3 | 6.3 | |
| – | – | – | – | 66.0 | 16.2 | 5.6 | – | – | 19.5 | – | – | – | – | – | 112.5 | 41.6 | – | – | 16.3 | – | 3.1 | 4.1 | 7.0 | 1.5 | 9.7 | 16.8 | 4.9 | 11.1 | 7.1 | |
| -3.7% | 0.0% | -9.9% | -8.9% | 1.5% | 6.2% | 17.7% | -0.5% | -12.5% | 5.1% | -33.5% | -16.7% | -59.0% | -1.1% | -0.1% | 0.9% | 2.4% | -2.4% | -4.8% | 6.1% | -21.6% | 32.2% | 24.3% | 14.3% | 67.6% | 10.3% | 6.0% | 20.5% | 9.0% | 14.0% | |
| Margins | ||||||||||||||||||||||||||||||
| 9.9% | 65.2% | 64.5% | 63.9% | 64.5% | 64.5% | 55.9% | 50.3% | 39.0% | 36.1% | 37.2% | 37.9% | 38.4% | 39.8% | 81.3% | 82.1% | 36.3% | 35.5% | 35.8% | 35.9% | 36.4% | 35.4% | 36.4% | 36.3% | 35.3% | 37.3% | 36.8% | 38.0% | 39.7% | 82.3% | |
| 4.8% | 13.6% | 12.0% | 12.3% | 12.8% | 13.5% | 15.1% | -9.9% | -13.7% | -0.2% | -8.7% | 26.9% | 26.7% | 6.6% | 7.7% | 7.5% | 8.2% | 6.0% | 5.6% | 5.8% | 6.4% | 5.8% | 8.9% | 8.3% | 11.3% | 14.7% | 12.2% | 12.2% | 28.8% | 16.1% | |
| -2.9% | 2.6% | 2.3% | 2.6% | 5.3% | 5.3% | 5.6% | -15.6% | -32.0% | -8.7% | -9.5% | -1.1% | 0.3% | 2.1% | 13.8% | 0.9% | 1.7% | -1.2% | 0.1% | -0.8% | -1.0% | -3.7% | 0.6% | -1.2% | 2.3% | 4.7% | 2.1% | 3.0% | 15.5% | 6.6% | |
| -2.0% | 0.0% | -7.4% | -5.7% | 1.8% | 9.9% | 10.2% | -0.3% | -7.3% | 2.2% | -13.1% | -5.0% | -3.9% | -0.3% | 0.0% | 0.3% | 0.9% | -0.9% | -1.5% | 1.0% | -1.6% | 2.6% | 2.4% | 3.0% | 16.3% | 4.7% | 1.7% | 7.9% | 5.4% | 11.9% | |
| Returns | ||||||||||||||||||||||||||||||
| -9.6% | 8.1% | 7.0% | 7.4% | 15.8% | 12.7% | 13.3% | -35.9% | -162.0% | -70.9% | -304.2% | -164.8% | 24.3% | 28.9% | 64.7% | 5.8% | 13.3% | -17.7% | 1.8% | -20.3% | -46.0% | – | – | – | 1,425.0% | 88.9% | 36.0% | 38.0% | 76.7% | 33.3% | |
| -3.0% | 2.2% | 1.9% | 2.3% | 4.9% | 4.9% | 5.6% | -12.7% | -27.8% | -7.4% | -9.4% | -1.1% | 0.3% | 2.4% | 13.4% | 1.0% | 1.7% | -0.8% | 0.1% | -0.6% | -0.8% | -3.0% | 0.5% | -0.9% | 1.5% | 3.3% | 1.5% | 2.2% | 11.1% | 4.7% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| -61 | -25 | 22 | 5,673 | 4,092 | 3,882 | 3,863 | 3,438 | 3,782 | 3,430 | 3,998 | 4,200 | 4,273 | 3,584 | 3,659 | 4,247 | 4,888 | 10,730 | 11,614 | 13,302 | 14,539 | 14,326 | 14,415 | 14,489 | 13,273 | 13,282 | 14,221 | 13,774 | 10,358 | 10,288 | |
| -0.1 | 0.0 | 0.0 | 2.9 | 1.9 | 1.8 | 1.4 | – | – | 11.0 | – | 6.4 | 5.1 | 3.4 | 3.8 | 4.5 | 4.2 | 12.5 | 6.6 | 7.2 | 7.0 | 8.0 | 5.9 | 6.7 | 5.2 | 3.6 | 4.6 | 4.1 | 1.5 | 2.3 | |
| 31.6% | 27.5% | 27.7% | 30.8% | 30.9% | 39.1% | 42.3% | 35.5% | 17.2% | 10.4% | 3.1% | 0.6% | 1.3% | 8.1% | 20.8% | 16.8% | 12.6% | 4.7% | 3.6% | 2.9% | 1.7% | -0.6% | -0.5% | -1.6% | 0.1% | 3.7% | 4.2% | 5.7% | 14.4% | 14.2% | |
| 0.0 | 0.0 | 0.0 | 1.4 | 1.0 | 0.8 | 0.7 | 0.9 | 2.6 | 4.7 | 18.1 | 88.4 | 46.4 | 6.6 | 2.3 | 3.1 | 4.6 | 14.4 | 18.1 | 19.8 | 36.6 | – | – | – | 561.4 | 15.2 | 13.2 | 9.3 | 3.2 | 3.1 | |
| Per Share | ||||||||||||||||||||||||||||||
| -3.17 | 2.29 | 2.13 | 2.57 | 5.44 | 5.24 | 6.40 | -13.41 | -24.07 | -6.18 | -6.82 | -0.75 | 0.21 | 1.47 | 8.16 | 0.68 | 1.40 | -1.32 | 0.12 | -1.41 | -1.93 | -7.00 | 1.00 | -2.08 | 3.75 | 8.42 | 3.72 | 5.83 | 32.69 | 15.49 | |
| 108.52 | 86.75 | 93.15 | 97.12 | 102.06 | 98.25 | 113.41 | 86.21 | 75.23 | 71.03 | 71.81 | 68.30 | 71.75 | 71.08 | 58.97 | 71.35 | 83.72 | 109.07 | 165.55 | 187.91 | 197.55 | 190.66 | 176.29 | 178.72 | 166.00 | 179.47 | 173.50 | 196.07 | 211.12 | 234.61 | |
| 32.91 | 28.27 | 30.46 | 34.79 | 34.43 | 41.40 | 48.03 | 37.40 | 14.86 | 8.71 | 2.24 | 0.46 | 0.86 | 5.09 | 12.60 | 11.73 | 10.49 | 7.43 | 6.49 | 6.97 | 4.20 | -1.46 | -1.15 | -3.59 | 0.26 | 9.47 | 10.33 | 15.34 | 42.61 | 46.46 | |
| -2.19 | -0.02 | -6.93 | -5.58 | 1.80 | 9.68 | 11.62 | -0.29 | -5.49 | 1.58 | -9.39 | -3.41 | -2.83 | -0.24 | -0.03 | 0.18 | 0.78 | -1.00 | -2.45 | 1.86 | -3.19 | 4.90 | 4.16 | 5.44 | 26.98 | 8.38 | 2.90 | 15.49 | 11.40 | 27.85 | |
Data as of: September 24, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.