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Tenet Healthcare THC Hospital Operations — Net income available to redeemable noncontrolling interests

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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:TemporaryEquityNetIncome.

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 hospital operations — net income available to redeemable noncontrolling interests?
Tenet Healthcare (THC) reported hospital operations — net income available to redeemable noncontrolling interests of $1M in Q1 2026.
How has Tenet Healthcare's hospital operations — net income available to redeemable noncontrolling interests changed year-over-year?
Tenet Healthcare's hospital operations — net income available to redeemable noncontrolling interests decreased by 96.3% year-over-year, from $27M to $1M.
What is the long-term trend for Tenet Healthcare's hospital operations — net income available to redeemable noncontrolling interests?
Over 4 years (2021 to 2025), Tenet Healthcare's hospital operations — net income available to redeemable noncontrolling interests has grown at a 4.3% compound annual growth rate (CAGR), from $93M to $110M.
What does hospital operations — net income available to redeemable noncontrolling interests mean?
The share of hospital profits that belongs to outside partners who have the right to redeem their shares.
How do you interpret hospital operations — net income available to redeemable noncontrolling interests?
An increase reflects higher profitability for minority partners, which may correlate with higher future cash payout requirements.
How does hospital operations — net income available to redeemable noncontrolling interests compare across companies?
Standard allocation metric for companies operating through joint ventures or partially owned facilities.