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Tenet Healthcare THC Hospital Operations Segment — Goodwill, purchase accounting adjustments

Discontinued — last reported Q4 '24

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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:GoodwillPurchaseAccountingAdjustments.

The official record: Tenet Healthcare’s 10-K, filed February 18, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tenet Healthcare's hospital operations segment — goodwill, purchase accounting adjustments?
Tenet Healthcare (THC) reported hospital operations segment — goodwill, purchase accounting adjustments of $7.75M in Q4 2024.
What does hospital operations segment — goodwill, purchase accounting adjustments mean?
The value of goodwill and acquisition-related accounting adjustments attributed to the hospital operations segment.
How do you interpret hospital operations segment — goodwill, purchase accounting adjustments?
An increase typically reflects recent acquisition activity or purchase price allocation adjustments, while a decrease may indicate impairment charges or the amortization of specific intangible assets. High levels relative to segment assets may suggest significant historical M&A activity and potential sensitivity to future impairment testing.
How does hospital operations segment — goodwill, purchase accounting adjustments compare across companies?
Peers in the healthcare services sector report similar figures under intangible assets or goodwill, often categorized by reporting segment to reflect the inorganic growth strategy of the hospital network.