Tenet Healthcare Corporation
209.14+4.52 (+2.21%)
Oct 29, 4:00:02 PM EDT · NYSE · THC · USD
Key Stats
Market Cap
18.48BP/E (TTM)
14.22Basic EPS (TTM)
14.71Dividend Yield
0%Recent Filings
8-K
10-Q
10-Q
Q2 FY2025 results
Tenet Healthcare's Q2 FY2025 results show steady topline growth, with net operating revenues up 3.2% y/y to $5.271B, driven by Ambulatory Care's 11.3% surge from acquisitions and higher cases, while Hospital Operations edged up 0.9% amid divestitures but gained from better payer mix and acuity. Operating income climbed 8.3% y/y to $823M, lifting margins to 15.6% as costs held firm; diluted EPS rose 18.9% y/y to $3.14, reconciling cleanly with 91.8M shares. Cash from operations hit $1.751B YTD, funding $366M capex and $1.095B stock buybacks, leaving $2.625B cash against $13.091B long-term debt and $1.4B revolver availability. Acquisitions added $255M goodwill to Ambulatory Care, bolstering outpatient momentum. Yet regulatory shifts in Medicaid funding pose reimbursement risks.
8-K
Strong Q2 results, raised outlook
Tenet Healthcare posted strong Q2 2025 results, with net income of $288 million and Adjusted EBITDA surging 18.6% to $1.121 billion, fueled by revenue growth and cost controls. The board boosted the share repurchase program by $1.5 billion, signaling confidence amid robust cash flows. Adjusted EPS jumped 74% to $4.02. Tenet raised its full-year Adjusted EBITDA outlook to $4.40-$4.54 billion, yet forward-looking statements carry uncertainties from market factors.
8-K
Tenet appoints new COO
Tenet Healthcare promoted Lisa Y. Foo to the newly created Chief Operating Officer role on May 30, 2025, effective immediately. This move signals a strategic push to sharpen operational execution amid healthcare's tight margins. Foo brings deep expertise from her prior roles. Leadership shifts like this often drive efficiency gains.
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