← TENET HEALTHCARE CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $19.6b $19.2b $18.3b $18.5b $18.5b $19.7b $19.4b $20.5b $20.7b $21.3b
Other operating expenses, net $4.9b $4.6b $4.3b $4.2b $4.1b $4.2b $4.0b $4.5b $4.5b $4.5b
Operating Income (Loss) $1.2b $1.1b $1.6b $1.5b $2.0b $2.9b $2.3b $2.5b $6.0b $3.5b
Additional Financial Items
Amortization of Intangible Assets — $172.0m $185.0m $188.0m $172.0m $188.0m $172.0m $174.0m $172.0m $166.0m
Gain (Loss) on Investments $8.0m — — — — — — — — —
Gain (Loss) Related to Litigation Settlement ($293.0m) ($23.0m) ($38.0m) ($141.0m) ($44.0m) ($116.0m) ($70.0m) ($47.0m) ($35.0m) ($64.0m)
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — — $2.8b
Income (Loss) from Continuing Operations, Per Basic Share ($2) ($7) $1 ($2) $4 $9 $4 $6 $33 $16
Income (Loss) from Continuing Operations, Per Diluted Share ($2) ($7) $1 ($2) $4 $8 $4 $6 $33 $15
Income (Loss) from Equity Method Investments $131.0m $144.0m $150.0m $175.0m $169.0m $218.0m $216.0m $228.0m $260.0m $264.0m
Equity in earnings of unconsolidated affiliates $131.0m $144.0m $150.0m $175.0m $169.0m $218.0m $216.0m $228.0m $260.0m $264.0m
Salaries, wages and benefits $9.4b $9.3b $8.6b $8.7b $8.4b $8.9b $8.8b $9.1b $8.8b $8.7b
Supplies $3.1b $3.1b $3.0b $3.1b $3.0b $3.3b $3.3b $3.6b $3.6b $3.8b
Depreciation and amortization $850.0m $870.0m $802.0m $850.0m $857.0m $855.0m $841.0m $870.0m $818.0m $863.0m
Net losses (gains) on sales, consolidation and deconsolidation of facilities — ($144.0m) ($127.0m) $15.0m ($14.0m) ($445.0m) ($1.0m) ($23.0m) ($2.9b) $1.0m
Other non-operating income, net — — ($5.0m) ($5.0m) $1.0m $14.0m $10.0m $19.0m $126.0m $117.0m
Loss from early extinguishment of debt ($30.0m) ($164.0m) $1.0m ($227.0m) ($316.0m) ($74.0m) ($109.0m) ($11.0m) ($8.0m) ($4.0m)
Basic (in shares) $99.3m $100.6m $102.1m $103.4m $105.0m $106.8m $106.9m $101.6m $96.9m $90.2m
Diluted (in shares) $99.3m $100.6m $103.9m $103.4m $106.3m $108.6m $110.5m $104.8m $97.9m $90.8m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $248.0m ($101.0m) $639.0m $296.0m $671.0m $1.9b $1.3b $1.6b $5.2b $2.8b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($187.0m) ($704.0m) $108.0m ($243.0m) $399.0m $915.0m $410.0m $611.0m $3.2b $1.4b
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $181.0m ($320.0m) $463.0m $143.0m $768.0m $1.5b $1.0b $1.3b — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($5.0m) $0 $3.0m $11.0m $0 ($1.0m) $1.0m $0 — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($5.0m) $0 $3.0m $11.0m $0 ($1.0m) $1.0m $0 — —
Income before income taxes $248.0m ($101.0m) $639.0m $296.0m $671.0m $1.9b $1.3b $1.6b $5.2b $2.8b
Net Income (Loss) Available to Common Stockholders, Basic ($192.0m) ($704.0m) $111.0m ($232.0m) $399.0m $914.0m $411.0m $611.0m $3.2b $1.4b
Net Income (Loss) Attributable to Noncontrolling Interest $368.0m $384.0m $355.0m $386.0m $369.0m $562.0m $590.0m $700.0m $864.0m $960.0m
Less: Net income available to noncontrolling interests $368.0m $384.0m $355.0m $386.0m $369.0m $562.0m $590.0m $700.0m $864.0m $960.0m
Earnings Per Share, Basic ($1.93) ($7.00) $1.09 ($2.24) $3.80 $8.55 $3.84 $6.01 $33.02 $15.61
Earnings Per Share, Diluted ($1.93) ($7.00) $1.07 ($2.24) $3.75 $8.42 $3.79 $5.71 $32.70 $15.49
Weighted Average Number of Shares Outstanding, Basic 99.3m 100.6m 102.1m 103.4m 105.0m 106.8m 106.9m 101.6m 96.9m 90.2m
Weighted Average Number of Shares Outstanding, Diluted 99.3m 100.6m 103.9m 103.4m 106.3m 108.6m 110.5m 104.8m 97.9m 90.8m
Other Nonoperating Income (Expense) — — ($5.0m) ($5.0m) $1.0m $14.0m $10.0m $19.0m $126.0m $117.0m
Business Combination, Acquisition Related Costs $52.0m $22.0m $17.0m $6.0m $14.0m $20.0m $14.0m $15.0m $39.0m $25.0m
Labor and Related Expense $9.4b $9.3b $8.6b $8.7b $8.4b $8.9b $8.8b $9.1b $8.8b $8.7b
Other Cost and Expense, Operating $4.9b $4.6b $4.3b $4.2b $4.1b $4.2b $4.0b $4.5b $4.5b $4.5b
Restructuring Costs — $117.0m $115.0m $137.0m $184.0m $57.0m $118.0m $79.0m $56.0m $44.0m
Impairment and restructuring charges, and acquisition-related costs $202.0m $541.0m $209.0m $185.0m $290.0m $85.0m $226.0m $137.0m $102.0m $130.0m
Litigation and investigation costs $293.0m $23.0m $38.0m $141.0m $44.0m $116.0m $70.0m $47.0m $35.0m $64.0m
Interest Expense (non-operating) — — — — — — — — $826.0m $821.0m
Interest Expense $979.0m $1.0b $1.0b $985.0m $1.0b $923.0m $890.0m $901.0m ($826.0m) ($821.0m)
Current Income Tax Expense (Benefit) $26.0m $19.0m $27.0m $20.0m $30.0m $161.0m $135.0m $254.0m $1.3b $424.0m
Income tax expense ($67.0m) ($219.0m) ($176.0m) ($4.0m) $0 $0 ($344.0m) ($306.0m) ($1.2b) ($433.0m)
Income Tax Expense (Benefit) $67.0m $219.0m $176.0m $153.0m ($97.0m) $411.0m $344.0m $306.0m $1.2b $433.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.