TENET HEALTHCARE CORP
Close on Oct 19, 2026
- Market cap
- $22.37B
- P/E (TTM)
- 10.3
- Dividend yield
- –
Earnings
Next report expected Oct 27, 2026, before market open (estimated from past report dates)
| Quarter | Reported | Time | Revenue | EPS (GAAP) | EPS (adjusted) |
|---|---|---|---|---|---|
| Q2 FY2026 Ended Jun 30, 2026 | Jul 23, 2026 | During market hours | $5.63B | $9.84 | $6.12 |
| Q1 FY2026 Ended Mar 31, 2026 | Apr 30, 2026 | Before market open | $5.37B | $8.01 | $4.82 |
| Q4 FY2025 Ended Dec 31, 2025 | Feb 11, 2026 | Before market open | $5.53B | $4.22 | $4.70 |
| Q3 FY2025 Ended Sep 30, 2025 | Oct 28, 2025 | Before market open | $5.29B | $3.86 | $3.70 |
| Q2 FY2025 Ended Jun 30, 2025 | Jul 22, 2025 | Before market open | $5.27B | $3.14 | $4.02 |
| Q1 FY2025 Ended Mar 31, 2025 | Apr 29, 2025 | Before market open | $5.22B | $4.27 | $4.36 |
| Q4 FY2024 Ended Dec 31, 2024 | Feb 12, 2025 | Before market open | $5.07B | $3.32 | $3.44 |
| Q3 FY2024 Ended Sep 30, 2024 | Oct 29, 2024 | Before market open | $5.12B | $4.89 | $2.93 |
| Q2 FY2024 Ended Jun 30, 2024 | Jul 24, 2024 | Before market open | – | – | – |
| Q1 FY2024 Ended Mar 31, 2024 | Apr 30, 2024 | Before market open | – | – | – |
| Q4 FY2023 Ended Dec 31, 2023 | Feb 8, 2024 | Before market open | – | – | – |
Company guidance
Outlook given with results on Jul 23, 2026, compared with the previous outlook
| Measure | Period | Guidance | vs. prior |
|---|---|---|---|
| Capital expendituresGAAP | FY 2026 | $700.00M to $800.00M | Maintained |
| Same-facility system-wide revenuesnon-GAAP | FY 2026 | 3% to 6% growth | New |
| Adjusted EBITDAnon-GAAP | FY 2026 | $4.83B to $5.03B | Raised |
| Adjusted diluted earnings per sharenon-GAAP | FY 2026 | $20.30 to $21.69 | Raised |
| Diluted income per common shareGAAP | FY 2026 | $34.57 to $36.43 | Raised |
| Adjusted free cash flownon-GAAP | FY 2026 | $2.73B to $3.03B | Raised |
| Net operating revenues 7GAAP | FY 2026 | $21.90B to $22.50B | Raised |
Figures and the sentence they come from are taken from the company's earnings release. Hover a measure to read the source sentence.
Press releases
Announcements Tenet Healthcare filed with the SEC
Tenet Announces Private Offering of Senior Notes to Refinance $1.5 Billion in Outstanding Notes
Regulation FD disclosure · Other events · EX-99.1 to Form 8-K
Tenet Announces Upsizing and Pricing of Its $2.0 Billion Private Offering of Senior Notes
Regulation FD disclosure · Other events · EX-99.2 to Form 8-K
Tenet Reports Strong Second Quarter 2026 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Reports Strong First Quarter 2026 Results
Results of operations · EX-99.1 to Form 8-K
Tenet Reports Strong Fourth Quarter and FY 2025 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Announces Accretive Transaction and Previews Strong 2025 Results
Results of operations · Regulation FD disclosure · Other events · EX-99.1 to Form 8-K
Tenet Announces Private Offerings of Senior Secured Notes and Senior Notes to Refinance $2.0 Billion in Outstanding Notes
Regulation FD disclosure · Other events · EX-99.1 to Form 8-K
Tenet Announces Upsizing and Pricing of Its $2.25 Billion Private Offerings of Senior Secured Notes and Senior Notes
Regulation FD disclosure · Other events · EX-99.2 to Form 8-K
Tenet Reports Strong Third Quarter 2025 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Reports Strong Second Quarter 2025 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Reports Strong First Quarter 2025 Results
Results of operations · EX-99.1 to Form 8-K
Tenet Reports Strong Fourth Quarter and FY 2024 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Reports Strong Third Quarter 2024 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Healthcare to Sell Five Birmingham Hospitals to Orlando Health
Regulation FD disclosure · Other events · EX-99.1 to Form 8-K
Tenet Reports Strong Second Quarter 2024 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Reports First Quarter 2024 Results Well in Excess of Guidance;
Results of operations · EX-99.1 to Form 8-K
Tenet Completes Sale of Six Hospitals in California
Other events · EX-99.1 to Form 8-K
Tenet to Sell Two Hospitals and Enter into a Revenue Cycle Services Partnership with Adventist Health
Regulation FD disclosure · Other events · EX-99.1 to Form 8-K
Tenet Calls for Full Redemption of 4.875% Senior Secured First Lien Notes due 2026
Regulation FD disclosure · EX-99.1 to Form 8-K
Tenet Reports Fourth Quarter and FY 2023 Results;
Results of operations · EX-99.1 to Form 8-K
UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
Acquisition or disposition completed · Regulation FD disclosure · EX-99.1 to Form 8-K
Tenet Advances Portfolio Transformation and Previews Strong 2023 Results
Results of operations · Regulation FD disclosure · Other events · EX-99.1 to Form 8-K
Tenet Healthcare to Sell Three South Carolina Hospitals to Novant Health
Regulation FD disclosure · Other events · EX-99.1 to Form 8-K
Tenet Reports Third Quarter 2023 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Reports Second Quarter 2023 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Announces Chief Financial Officer Transition
Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
Tenet Announces $1.350 Billion Private Offering of Senior Secured Notes
Regulation FD disclosure · Other events · EX-99.1 to Form 8-K
Tenet Announces Pricing of its $1.350 Billion Private Offering of Senior Secured Notes
Regulation FD disclosure · Other events · EX-99.2 to Form 8-K
Tenet Reports First Quarter 2023 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Reports Fourth Quarter and FY 2022 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Anticipates Beating Midpoint of Latest 2022 Outlook;
Results of operations · Executive or director change · Regulation FD disclosure · EX-99.1 to Form 8-K
Tenet Reports Third Quarter 2022 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Reports Second Quarter 2022 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet Announces $1.800 Billion Private Offering of Senior Secured Notes
Regulation FD disclosure · Other events · EX-99.1 to Form 8-K
Tenet Announces Upsizing and Pricing of its $2.000 Billion Private Offering of Senior Secured Notes
Regulation FD disclosure · Other events · EX-99.2 to Form 8-K
Tenet Reports First Quarter 2022 Results;
Results of operations · EX-99.1 to Form 8-K
Conifer to Remain Part of Tenet with Strong Path Forward
Other events · EX-99.1 to Form 8-K
Tenet Reports Strong Fourth Quarter and FY 2021 Results;
Results of operations · EX-99.1 to Form 8-K
Tenet and USPI Complete Transaction to Acquire SCD
Other events · EX-99.1 to Form 8-K
Tenet Announces $1.450 Billion Private Offering of Senior Secured Notes
Regulation FD disclosure · EX-99.1 to Form 8-K