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Tenet Healthcare THC Share Buybacks

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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:PaymentsForRepurchaseOfCommonStock.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Cash flows from financing activities:
Repayments of borrowings(59)(62)
Proceeds from borrowings2815
Repurchases of common stock(1,360)(1,095)
Distributions paid to noncontrolling interests(398)(374)
Proceeds from the sale of noncontrolling interests1518
Purchases of noncontrolling interests(558)(79)
Repayments of advances from managed care payers(12)

Item 1. Financial Statements (Unaudited)

FAQ

What is Tenet Healthcare's share buybacks?
Tenet Healthcare (THC) reported share buybacks of $1.04B in Q2 2026.
How has Tenet Healthcare's share buybacks changed year-over-year?
Tenet Healthcare's share buybacks increased by 39.5% year-over-year, from $747M to $1.04B.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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