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Tenet Healthcare THC Equity Method Income

Equity Method Income at other companies

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Segments

By segment

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Ambulatory Care$64M+8.5%
Hospital Operations$1M-50.0%

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$21.08B+49.8%
Enterprise value$32.31B+30.8%
P/E6.6×+0.8×
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:IncomeLossFromEquityMethodInvestments.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net operating revenues$5,628$5,271$10,996$10,494
Revenue from contract termination413826
Equity in earnings of unconsolidated affiliates6561116117
Operating expenses:
Salaries, wages and benefits2,2312,1604,4054,279
Supplies9849321,9451,839
Other operating expenses, net1,1741,1192,2962,209
Depreciation and amortization215208444414

Item 1. Financial Statements (Unaudited)

FAQ

What is Tenet Healthcare's equity method income?
Tenet Healthcare (THC) reported equity method income of $65M in Q2 2026.
How has Tenet Healthcare's equity method income changed year-over-year?
Tenet Healthcare's equity method income increased by 6.6% year-over-year, from $61M to $65M.
What is the long-term trend for Tenet Healthcare's equity method income?
Over 4 years (2021 to 2025), Tenet Healthcare's equity method income has grown at a 4.9% compound annual growth rate (CAGR), from $218M to $264M.
What does equity method income mean?
The company's proportional share of net income or loss from unconsolidated affiliates and joint ventures accounted for under the equity method.

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