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Tenet Healthcare THC Ambulatory Care — Goodwill

Other segment segments

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$2.7B0.0%

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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:Goodwill.

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
Goodwill acquired during the period, net of purchase price allocation adjustments
Goodwill at end of period, net of accumulated impairment losses2,6972,697
Ambulatory Care:
Goodwill at beginning of period8,5017,994
Goodwill acquired during the period, net of purchase price allocation adjustments242244
Goodwill related to assets held for sale and disposed or deconsolidated facilities(3)
Goodwill at end of period8,7408,238
Total goodwill, net of accumulated impairment losses$11,437$10,935

Item 1. Financial Statements (Unaudited)

FAQ

What is Tenet Healthcare's ambulatory care — goodwill?
Tenet Healthcare (THC) reported ambulatory care — goodwill of $8.74B in Q2 2026.
How has Tenet Healthcare's ambulatory care — goodwill changed year-over-year?
Tenet Healthcare's ambulatory care — goodwill increased by 6.1% year-over-year, from $8.24B to $8.74B.
What is the long-term trend for Tenet Healthcare's ambulatory care — goodwill?
Over 2 years (2023 to 2025), Tenet Healthcare's ambulatory care — goodwill has grown at a 8.9% compound annual growth rate (CAGR), from $28.07B to $33.29B.
What does ambulatory care — goodwill mean?
The total carrying value of goodwill associated with the ambulatory care segment, representing the premium paid over the fair value of net assets during acquisitions. It reflects the intangible value of the segment's market presence and synergies.

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