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Tenet Healthcare THC Accrued Manufacturing Costs

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Other financials

Income statement

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Revenue$5.6B+6.8%
Operating income$1.5B+82.4%
Net income$1.0B+100%
EPS (diluted)$9.84+213%

Balance sheet

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Cash & equivalents$2.2B-17.3%
Total debt$13.4B+1.1%
Total equity$4.7B+24.2%
Total assets$30.7B+6.9%

Cash flow

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Operating cash flow$585.0M-37.5%
CapEx$168.0M-13.0%
Free cash flow$417.0M-43.9%

Valuation

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Market cap$20.66B+46.9%
Enterprise value$31.9B+29.1%
P/E6.5×+0.6×
P/S+0.3×

Profitability

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Operating margin20.8%+3.0pp
Net margin14.6%+3.0pp
FCF margin13.9%

Returns & leverage

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Return on equity75.5%+9.1pp
Debt / equity2.9×-0.7×
Current ratio1.4×-0.3×

Where this comes from

Reported directly by Tenet Healthcare in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Tenet Healthcare’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:27 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0000070318-26-000037
Line itemJune 30,2026December 31,2025
Current liabilities:
Current portion of long-term debt$160$79
Accounts payable1,3711,360
Accrued compensation and benefits864858
Professional and general liability reserves292276
Accrued interest payable11381
Income tax payable69
Other current liabilities2,6981,809

Item 1. Financial Statements (Unaudited)

FAQ

What is Tenet Healthcare's accrued manufacturing costs?
Tenet Healthcare (THC) reported accrued manufacturing costs of $864M in Q2 2026.
How has Tenet Healthcare's accrued manufacturing costs changed year-over-year?
Tenet Healthcare's accrued manufacturing costs increased by 9.0% year-over-year, from $793M to $864M.
What is the long-term trend for Tenet Healthcare's accrued manufacturing costs?
Over 4 years (2021 to 2025), Tenet Healthcare's accrued manufacturing costs has grown at a -1.1% compound annual growth rate (CAGR), from $896M to $858M.

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