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Tenet Healthcare THC Long-term investments

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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$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:LongTermInvestmentsAndReceivablesNet.

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
Assets held for sale6262
Other current assets2,6491,991
Total current assets7,8277,849
Investments and other assets3,8022,883
Deferred income taxes7184
Property and equipment, at cost, less accumulated depreciation and amortization ($6,924 at June 30, 2026 and $6,680 at December 31, 2025)6,2586,315
Goodwill11,43711,198
Other intangible assets, at cost, less accumulated amortization ($1,437 at June 30, 2026 and $1,328 at December 31, 2025)1,2811,348

Item 1. Financial Statements (Unaudited)

FAQ

What is Tenet Healthcare's long-term investments?
Tenet Healthcare (THC) reported long-term investments of $3.8B in Q2 2026.
How has Tenet Healthcare's long-term investments changed year-over-year?
Tenet Healthcare's long-term investments increased by 27.0% year-over-year, from $2.99B to $3.8B.
What is the long-term trend for Tenet Healthcare's long-term investments?
Over 4 years (2021 to 2025), Tenet Healthcare's long-term investments has grown at a -3.0% compound annual growth rate (CAGR), from $3.25B to $2.88B.
What does long-term investments mean?
Equity investments, venture capital, strategic stakes, and other investments with holding periods expected to exceed one year.

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