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Tenet Healthcare THC Health Care Patient Service Physician Practices — Revenue

Discontinued — last reported Q3 '18

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$1.44B+21.3%

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:Revenues.

The official record: Tenet Healthcare’s 10-Q, filed November 5, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does health care patient service physician practices — revenue mean?
The total revenue earned from medical services provided by the company's network of physicians.
How do you interpret health care patient service physician practices — revenue?
An increase indicates growth in patient volume, improved physician productivity, or successful expansion of the clinical practice footprint. A decrease may signal physician turnover, reduced patient demand, or challenges in reimbursement rates for professional services.
How does health care patient service physician practices — revenue compare across companies?
Comparable to physician services revenue reported by other large integrated health systems or multi-specialty medical groups, often benchmarked against total physician headcount and revenue per full-time equivalent (FTE).