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Tenet Healthcare THC Hospital Operations — Number of states in which entity operates

Discontinued — last reported Q4 '25

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EHCHome Healthand Hospice — Number Of States In Which Entity Operates
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EHCInpatient Rehabilitation Segment — Number of states in which entity operates
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EHCInpatient Rehabilitation Hospital — Number Of States In Which Entity Operates
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EHCHome Health and Hospice — Number of states in which entity operates
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EHCInpatient Rehabilitation — Number Of States In Which Entity Operates
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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:NumberOfStatesInWhichEntityOperates.

The official record: Tenet Healthcare’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tenet Healthcare's hospital operations — number of states in which entity operates?
Tenet Healthcare (THC) reported hospital operations — number of states in which entity operates of 800% in Q4 2025.
How has Tenet Healthcare's hospital operations — number of states in which entity operates changed year-over-year?
Tenet Healthcare's hospital operations — number of states in which entity operates decreased by 0.0% year-over-year, from 800% to 800%.
What does hospital operations — number of states in which entity operates mean?
The number of states where the company operates hospitals.
How do you interpret hospital operations — number of states in which entity operates?
Expansion signals growth and market diversification, while contraction may signal a strategic focus on core high-performing regions.
How does hospital operations — number of states in which entity operates compare across companies?
Used by multi-state healthcare systems to describe geographic scale.