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Tenet Healthcare THC Interest Expense

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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:InterestExpenseNonoperating.

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 interest expense?
Tenet Healthcare (THC) reported interest expense of $205M in Q1 2026.
How has Tenet Healthcare's interest expense changed year-over-year?
Tenet Healthcare's interest expense increased by 0.5% year-over-year, from $204M to $205M.
What is the long-term trend for Tenet Healthcare's interest expense?
Over 4 years (2021 to 2025), Tenet Healthcare's interest expense has grown at a -2.9% compound annual growth rate (CAGR), from $923M to $821M.
What does interest expense mean?
The total cost paid by the company for its outstanding debt.
How do you interpret interest expense?
An increase suggests higher debt levels or rising interest rates, while a decrease indicates debt reduction or refinancing at better terms.
How does interest expense compare across companies?
Standard across all capital-intensive industries; peers with higher debt-to-equity ratios typically report higher interest expenses.