Tenet Healthcare Corporation
Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company operating a nationwide care delivery network through subsidiaries, partnerships and joint ventures. Its Hospital Operations and Services segment includes acute care and specialty hospitals, outpatient facilities, physician practices,… From the company’s description.
In fiscal 2025, Tenet Healthcare Corporation reported revenue of $21.31B, up 3.1% from fiscal 2024, and net income of $2.37B. Its operating margin was 16.5%, and operations generated $3.54B in cash. Over the twelve months to Jun 30, 2026, revenue was $21.81B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Tenet Healthcare Corporation does
In the company’s own words
Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company operating a nationwide care delivery network through subsidiaries, partnerships and joint ventures. Its Hospital Operations and Services segment includes acute care and specialty hospitals, outpatient facilities, physician practices, and Conifer Health Solutions, which provides revenue cycle management and value-based care services to healthcare providers and other clients. Its Ambulatory Care segment is operated through USPI, which partners with physicians and health systems to own and manage ambulatory surgery centers and surgical hospitals. At December 31, 2025, Tenet operated 50 hospitals and 132 outpatient facilities in its Hospital Operations segment, while USPI held interests in 533 ambulatory surgery centers and 26 surgical hospitals across 37 states. Conifer served approximately 600 hospitals and other clients at that date. Tenet employed approximately 99,000 people at year-end 2025. Its website is www.tenethealth.com.
Company details
- Sector
- Health Care
- Industry (SIC)
- Health Services
- Headquarters
- DALLAS, TX
- Fiscal year end
- December
- CIK
- 70318
- SIC
- 8062
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Tenet Healthcare Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Tenet Healthcare Corporation · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Tenet Healthcare Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Tenet Healthcare Corporation’s bonds, as funds hold them
Funds report holding 10 issues of Tenet Healthcare Corporation’s debt, $5.04B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.63%, maturing 2027 to 2033.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Tenet Healthcare Corporation and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Tenet Healthcare Corporation's earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Tenet Healthcare Corporation's last four quarterly filings that the numbers alone won't show?”
