Skip to content

Tenet Healthcare THC Q3 2024 earnings

Reported October 29, 2024 · Before market open

Revenue estimate$5.0B
EPS estimate$2.33

Next report

Jul 24, 2026 (In 2 weeks)
Revenue estimate$5.4B
EPS estimate$4.23

Financials

Q3 2024

Income statement

See full
Revenue$5.1B+1.2%
Operating income$1.1B+91.7%
Net income$681.0M+156%
EPS (diluted)$4.89+420%

Balance sheet

See full
Cash & equivalents$4.1B+288%
Total debt$13.0B-14.6%
Total equity$3.8B+162%
Total assets$29.4B+6.5%

Cash flow

See full
Operating cash flow$1.0B+108%
CapEx$216.0M+22.7%
Free cash flow$829.0M+154%

Valuation & ratios

Profitability

See full
Operating margin28%+16.5pp
Net margin18.8%+13.2pp
FCF margin11.4%+5.8pp

Returns & leverage

See full
Return on equity149%+92.2pp
Debt / equity3.4×-7.0×
Current ratio1.6×+0.1×

Segments

By product

See full
Total$3.4B-4.8%
Managed care$2.4B-4.2%
Other revenues$558.0M+6.5%
Medicare$504.0M-13.6%
Medicaid$342.0M+10.7%

By segment

See full
Hospital Operations$4.0B
Ambulatory Care$1.1B+21.0%

Versus estimates

Ask the moment Tenet Healthcare reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Tenet Healthcare report Q3 2024 earnings?
Tenet Healthcare (THC) reported Q3 2024 earnings on October 29, 2024 before market open.
What were Tenet Healthcare's Q3 2024 revenue and EPS?
Tenet Healthcare reported revenue of $5.1B and diluted EPS of $2.93 for Q3 2024.
Did Tenet Healthcare beat estimates in Q3 2024?
Revenue beat the consensus estimate of $5.0B by $73.4M. EPS beat the consensus estimate of $2.33 by $0.60.
Where can I find Tenet Healthcare's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0000070318-24-000052) directly on SEC EDGAR. The filing index links above go to sec.gov.