Tenet Healthcare Corp

NYSE:THCHealthcareSTOXX:EDD24BPSTOXX:SX50UL

$266.39−0.32%At closeAt close · Tue 20 Oct · ≈ AED 978.32 · Market cap $21.45B · Next earnings Tue 27 Oct

Ratio	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	Current · undated	YoY
Gross margin	35.3%	37.3%	36.8%	38.0%	39.7%	82.3%	—	—
Operating margin	11.3%	14.7%	12.2%	12.2%	28.8%	16.1%	16.1%	+0.0 pts
Net margin	2.3%	4.7%	2.1%	3.0%	15.5%	6.6%	6.6%	+0.0 pts
EBITDA margin	14.3%	18.8%	16.0%	16.5%	33.4%	21.0%	—	—
Return on equity	1,425.0%	88.9%	36.0%	38.0%	76.7%	33.3%	15.7%	−17.7 pts
Return on assets	1.5%	3.3%	1.5%	2.2%	11.1%	4.7%	4.7%	+0.0 pts
Return on capital employed	8.9%	12.8%	10.3%	10.7%	24.2%	13.6%	—	—
Debt / equity	561.4×	15.2×	13.2×	9.3×	3.4×	3.1×	1.5×	−53.0%
Debt / assets	58.0%	56.7%	55.5%	53.0%	49.5%	44.4%	—	—
Interest coverage	2.0×	3.1×	2.6×	2.8×	7.2×	4.2×	—	—
Current ratio	1.5×	1.4×	1.3×	1.5×	1.8×	1.8×	1.8×	+0.0%
Quick ratio	1.4×	1.3×	1.2×	1.4×	1.7×	1.7×	—	—
Cash ratio	0.5×	0.5×	0.2×	0.3×	0.7×	0.6×	0.6×	+0.0%
Asset turnover	0.7×	0.7×	0.7×	0.7×	0.7×	0.7×	—	—
Inventory turnover	31.0×	31.8×	29.9×	31.0×	36.0×	10.9×	—	—
Receivables turnover	5.3×	5.9×	5.5×	6.0×	6.8×	8.3×	—	—
Dividend payout	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—

Margins, returns, leverage and liquidityUpdated 31 Dec 2025 ·

ⓘ

Current snapshot ratios have no reporting date and are shown separately from fiscal periods.