Tenet Healthcare Corp
NYSE:THC
Income Statement
Earnings Waterfall
Tenet Healthcare Corp
Revenue
|
20.5B
USD
|
Cost of Revenue
|
-3.6B
USD
|
Gross Profit
|
17B
USD
|
Operating Expenses
|
-14.2B
USD
|
Operating Income
|
2.8B
USD
|
Other Expenses
|
-2.2B
USD
|
Net Income
|
611m
USD
|
Income Statement
Tenet Healthcare Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
11 102
N/A
|
12 641
+14%
|
14 257
+13%
|
16 024
+12%
|
16 603
+4%
|
17 102
+3%
|
17 556
+3%
|
18 073
+3%
|
18 634
+3%
|
19 254
+3%
|
19 630
+2%
|
19 787
+1%
|
19 621
-1%
|
19 390
-1%
|
19 324
0%
|
19 061
-1%
|
19 179
+1%
|
19 065
-1%
|
18 769
-2%
|
18 672
-1%
|
18 313
-2%
|
18 159
-1%
|
18 213
+0%
|
18 292
+0%
|
18 479
+1%
|
18 454
0%
|
17 542
-5%
|
17 531
0%
|
17 640
+1%
|
17 901
+1%
|
19 207
+7%
|
19 544
+2%
|
19 485
0%
|
19 449
0%
|
19 133
-2%
|
19 040
0%
|
19 174
+1%
|
19 450
+1%
|
19 894
+2%
|
20 159
+1%
|
20 548
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 784)
|
(2 028)
|
(2 290)
|
(2 568)
|
(2 630)
|
(2 689)
|
(2 747)
|
(2 834)
|
(2 963)
|
(3 087)
|
(3 153)
|
(3 168)
|
(3 124)
|
(3 078)
|
(3 085)
|
(3 058)
|
(3 085)
|
(3 094)
|
(3 062)
|
(3 048)
|
(3 004)
|
(2 971)
|
(2 976)
|
(3 010)
|
(3 057)
|
(3 079)
|
(2 937)
|
(2 961)
|
(2 982)
|
(3 023)
|
(3 271)
|
(3 314)
|
(3 328)
|
(3 309)
|
(3 261)
|
(3 251)
|
(3 273)
|
(3 379)
|
(3 459)
|
(3 519)
|
(3 590)
|
|
Gross Profit |
9 318
N/A
|
10 613
+14%
|
11 967
+13%
|
13 456
+12%
|
13 973
+4%
|
14 413
+3%
|
14 809
+3%
|
15 239
+3%
|
15 671
+3%
|
16 167
+3%
|
16 477
+2%
|
16 619
+1%
|
16 497
-1%
|
16 312
-1%
|
16 239
0%
|
16 003
-1%
|
16 094
+1%
|
15 971
-1%
|
15 707
-2%
|
15 624
-1%
|
15 309
-2%
|
15 188
-1%
|
15 237
+0%
|
15 282
+0%
|
15 422
+1%
|
15 375
0%
|
14 605
-5%
|
14 570
0%
|
14 658
+1%
|
14 878
+2%
|
15 936
+7%
|
16 230
+2%
|
16 157
0%
|
16 140
0%
|
15 872
-2%
|
15 789
-1%
|
15 901
+1%
|
16 071
+1%
|
16 435
+2%
|
16 640
+1%
|
16 958
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(8 521)
|
(9 782)
|
(11 104)
|
(12 514)
|
(12 882)
|
(13 197)
|
(13 485)
|
(13 810)
|
(14 291)
|
(14 721)
|
(15 007)
|
(15 162)
|
(15 065)
|
(14 983)
|
(14 988)
|
(14 848)
|
(14 705)
|
(14 408)
|
(14 043)
|
(13 855)
|
(13 692)
|
(13 626)
|
(13 664)
|
(13 663)
|
(13 743)
|
(13 692)
|
(13 351)
|
(13 353)
|
(13 400)
|
(13 494)
|
(13 996)
|
(14 050)
|
(13 939)
|
(13 700)
|
(13 493)
|
(13 481)
|
(13 614)
|
(13 833)
|
(14 009)
|
(14 084)
|
(14 162)
|
|
Selling, General & Administrative |
(5 499)
|
(6 217)
|
(6 965)
|
(7 777)
|
(8 023)
|
(8 227)
|
(8 456)
|
(8 686)
|
(9 011)
|
(9 281)
|
(9 405)
|
(9 455)
|
(9 356)
|
(9 321)
|
(9 358)
|
(9 314)
|
(9 274)
|
(9 121)
|
(8 910)
|
(8 762)
|
(8 634)
|
(8 558)
|
(8 568)
|
(8 624)
|
(9 048)
|
(8 821)
|
(8 540)
|
(8 510)
|
(8 418)
|
(8 432)
|
(8 848)
|
(8 915)
|
(9 290)
|
(8 859)
|
(8 705)
|
(8 726)
|
(9 256)
|
(8 920)
|
(9 079)
|
(9 137)
|
(9 564)
|
|
Depreciation & Amortization |
(545)
|
(624)
|
(712)
|
(800)
|
(849)
|
(863)
|
(851)
|
(829)
|
(797)
|
(802)
|
(820)
|
(840)
|
(850)
|
(859)
|
(866)
|
(880)
|
(870)
|
(853)
|
(825)
|
(810)
|
(802)
|
(806)
|
(826)
|
(827)
|
(850)
|
(845)
|
(837)
|
(847)
|
(857)
|
(878)
|
(893)
|
(887)
|
(855)
|
(834)
|
(829)
|
(829)
|
(841)
|
(855)
|
(852)
|
(867)
|
(870)
|
|
Other Operating Expenses |
(2 477)
|
(2 941)
|
(3 427)
|
(3 937)
|
(4 010)
|
(4 107)
|
(4 178)
|
(4 295)
|
(4 483)
|
(4 638)
|
(4 782)
|
(4 867)
|
(4 859)
|
(4 803)
|
(4 764)
|
(4 654)
|
(4 561)
|
(4 434)
|
(4 308)
|
(4 283)
|
(4 256)
|
(4 262)
|
(4 270)
|
(4 212)
|
(3 845)
|
(4 026)
|
(3 974)
|
(3 996)
|
(4 125)
|
(4 184)
|
(4 255)
|
(4 248)
|
(3 794)
|
(4 007)
|
(3 959)
|
(3 926)
|
(3 517)
|
(4 058)
|
(4 078)
|
(4 080)
|
(3 728)
|
|
Operating Income |
797
N/A
|
831
+4%
|
863
+4%
|
942
+9%
|
1 091
+16%
|
1 216
+11%
|
1 324
+9%
|
1 429
+8%
|
1 380
-3%
|
1 446
+5%
|
1 470
+2%
|
1 457
-1%
|
1 432
-2%
|
1 329
-7%
|
1 251
-6%
|
1 155
-8%
|
1 389
+20%
|
1 563
+13%
|
1 664
+6%
|
1 769
+6%
|
1 617
-9%
|
1 562
-3%
|
1 573
+1%
|
1 619
+3%
|
1 679
+4%
|
1 683
+0%
|
1 254
-25%
|
1 217
-3%
|
1 258
+3%
|
1 384
+10%
|
1 940
+40%
|
2 180
+12%
|
2 218
+2%
|
2 440
+10%
|
2 379
-3%
|
2 308
-3%
|
2 287
-1%
|
2 238
-2%
|
2 426
+8%
|
2 556
+5%
|
2 796
+9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(473)
|
(552)
|
(641)
|
(732)
|
(742)
|
(756)
|
(772)
|
(809)
|
(812)
|
(836)
|
(848)
|
(841)
|
(840)
|
(852)
|
(870)
|
(877)
|
(884)
|
(885)
|
(868)
|
(865)
|
(854)
|
(841)
|
(831)
|
(821)
|
(810)
|
(808)
|
(827)
|
(840)
|
(834)
|
(817)
|
(774)
|
(737)
|
(705)
|
(688)
|
(675)
|
(664)
|
(674)
|
(664)
|
(668)
|
(673)
|
(673)
|
|
Non-Reccuring Items |
(482)
|
(315)
|
(175)
|
(219)
|
(202)
|
(210)
|
(373)
|
(402)
|
(424)
|
(446)
|
(374)
|
(312)
|
(344)
|
(313)
|
(223)
|
(560)
|
(584)
|
(505)
|
(496)
|
(189)
|
(119)
|
(255)
|
(274)
|
(523)
|
(568)
|
(543)
|
(36)
|
(168)
|
246
|
276
|
(215)
|
579
|
361
|
243
|
236
|
(97)
|
(279)
|
(236)
|
(318)
|
(476)
|
(525)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(11)
|
(18)
|
0
|
(17)
|
(17)
|
(14)
|
(22)
|
(18)
|
(14)
|
(10)
|
(5)
|
(3)
|
(3)
|
(6)
|
(5)
|
(5)
|
(2)
|
1
|
1
|
10
|
7
|
14
|
14
|
4
|
5
|
4
|
10
|
8
|
14
|
12
|
19
|
|
Pre-Tax Income |
(158)
N/A
|
(36)
+77%
|
47
N/A
|
(9)
N/A
|
147
N/A
|
250
+70%
|
179
-28%
|
218
+22%
|
144
-34%
|
158
+10%
|
237
+50%
|
286
+21%
|
248
-13%
|
147
-41%
|
141
-4%
|
(296)
N/A
|
(101)
+66%
|
155
N/A
|
286
+85%
|
705
+147%
|
639
-9%
|
463
-28%
|
465
+0%
|
269
-42%
|
296
+10%
|
327
+10%
|
389
+19%
|
210
-46%
|
671
+220%
|
853
+27%
|
958
+12%
|
2 036
+113%
|
1 888
-7%
|
1 999
+6%
|
1 945
-3%
|
1 551
-20%
|
1 344
-13%
|
1 346
+0%
|
1 454
+8%
|
1 419
-2%
|
1 617
+14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
65
|
13
|
(15)
|
19
|
(49)
|
(66)
|
(31)
|
(60)
|
(68)
|
(119)
|
(130)
|
(129)
|
(67)
|
33
|
29
|
99
|
27
|
(76)
|
(132)
|
(198)
|
(176)
|
(126)
|
(115)
|
(131)
|
(153)
|
(66)
|
(78)
|
141
|
97
|
(23)
|
(39)
|
(433)
|
(411)
|
(465)
|
(490)
|
(405)
|
(344)
|
(329)
|
(323)
|
(290)
|
(306)
|
|
Income from Continuing Operations |
(93)
|
(23)
|
32
|
10
|
98
|
184
|
148
|
158
|
76
|
39
|
107
|
157
|
181
|
180
|
170
|
(197)
|
(74)
|
79
|
154
|
507
|
463
|
337
|
350
|
138
|
143
|
261
|
311
|
351
|
768
|
830
|
919
|
1 603
|
1 477
|
1 534
|
1 455
|
1 146
|
1 000
|
1 017
|
1 131
|
1 129
|
1 311
|
|
Income to Minority Interest |
(30)
|
(41)
|
(53)
|
(54)
|
(64)
|
(77)
|
(91)
|
(139)
|
(218)
|
(282)
|
(334)
|
(365)
|
(368)
|
(364)
|
(366)
|
(356)
|
(384)
|
(387)
|
(382)
|
(378)
|
(355)
|
(347)
|
(360)
|
(366)
|
(386)
|
(368)
|
(354)
|
(364)
|
(369)
|
(428)
|
(485)
|
(524)
|
(562)
|
(577)
|
(580)
|
(588)
|
(590)
|
(603)
|
(632)
|
(660)
|
(700)
|
|
Net Income (Common) |
(134)
N/A
|
(78)
+42%
|
(54)
+31%
|
(73)
-35%
|
12
N/A
|
91
+658%
|
56
-38%
|
18
-68%
|
(140)
N/A
|
(246)
-76%
|
(231)
+6%
|
(210)
+9%
|
(192)
+9%
|
(186)
+3%
|
(195)
-5%
|
(554)
-184%
|
(704)
-27%
|
(552)
+22%
|
(471)
+15%
|
(113)
+76%
|
111
N/A
|
0
N/A
|
0
N/A
|
(217)
N/A
|
(232)
-7%
|
(105)
+55%
|
(43)
+59%
|
(13)
+70%
|
399
N/A
|
403
+1%
|
434
+8%
|
1 079
+149%
|
914
-15%
|
957
+5%
|
876
-8%
|
558
-36%
|
411
-26%
|
414
+1%
|
499
+21%
|
469
-6%
|
611
+30%
|
|
EPS (Diluted) |
-1.35
N/A
|
-0.8
+41%
|
-0.55
+31%
|
-0.72
-31%
|
0.12
N/A
|
0.9
+650%
|
0.56
-38%
|
0.18
-68%
|
-1.43
N/A
|
-2.48
-73%
|
-2.32
+6%
|
-2.1
+9%
|
-1.93
+8%
|
-1.86
+4%
|
-1.93
-4%
|
-5.5
-185%
|
-6.97
-27%
|
-5.37
+23%
|
-4.52
+16%
|
-1.1
+76%
|
1.06
N/A
|
0
N/A
|
0
N/A
|
-2.09
N/A
|
-2.25
-8%
|
-0.99
+56%
|
-0.4
+60%
|
-0.13
+68%
|
3.75
N/A
|
3.72
-1%
|
3.99
+7%
|
9.92
+149%
|
8.43
-15%
|
8.54
+1%
|
8.05
-6%
|
5.08
-37%
|
3.71
-27%
|
3.9
+5%
|
4.76
+22%
|
4.49
-6%
|
5.83
+30%
|