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Tenet Healthcare THC Compensation and benefits

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Segments

By segment

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Hospital Operations$1.84B+1.1%
Ambulatory Care$330M+11.9%

Other financials

Income statement

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Revenue$5.4B+2.8%
Operating income$1.3B+37.4%
Net income$906.0M+45.7%
EPS (diluted)$8.01+87.6%

Balance sheet

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Cash & equivalents$3.0B-1.1%
Total debt$13.3B+0.2%
Total equity$4.8B+15.1%
Total assets$31.2B+6.7%

Cash flow

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Operating cash flow$1.6B+101%
CapEx$180.0M+4.0%
Free cash flow$1.5B+128%

Valuation

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Market cap$14.86B
Enterprise value$25.19B
P/E5.6×
P/S0.7×

Profitability

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Operating margin18%+0.4pp
Net margin12.4%+0.9pp
FCF margin15.6%

Returns & leverage

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Return on equity58.9%-2.7pp
Debt / equity2.8×-0.4×
Current ratio1.4×-0.4×

Where this comes from

Reported directly by Tenet Healthcare in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The official record: Tenet Healthcare’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tenet Healthcare's compensation and benefits?
Tenet Healthcare (THC) reported compensation and benefits of $2.17B in Q1 2026.
How has Tenet Healthcare's compensation and benefits changed year-over-year?
Tenet Healthcare's compensation and benefits increased by 2.6% year-over-year, from $2.12B to $2.17B.
What is the long-term trend for Tenet Healthcare's compensation and benefits?
Over 4 years (2021 to 2025), Tenet Healthcare's compensation and benefits has grown at a -0.5% compound annual growth rate (CAGR), from $8.88B to $8.71B.
What does compensation and benefits mean?
The total cost of paying and providing benefits to the company's workforce.
How do you interpret compensation and benefits?
An increase relative to revenue may signal labor market tightness or inefficiencies, while a decrease may indicate improved productivity or reduced headcount.
How does compensation and benefits compare across companies?
A primary benchmark for all labor-intensive service industries; highly comparable across hospital systems.