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Tenet Healthcare THC Other Services — Net operating revenues

Discontinued — last reported Q3 '23

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Tenet Healthcare’s 10-Q, filed October 30, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tenet Healthcare's other services — net operating revenues?
Tenet Healthcare (THC) reported other services — net operating revenues of $18M in Q3 2023.
How has Tenet Healthcare's other services — net operating revenues changed year-over-year?
Tenet Healthcare's other services — net operating revenues decreased by 5.3% year-over-year, from $19M to $18M.
What does other services — net operating revenues mean?
The total revenue earned from specialized healthcare services and business solutions that fall outside of the company's primary hospital and outpatient facility operations.
How do you interpret other services — net operating revenues?
An increase suggests successful growth in ancillary service lines or expanded adoption of business-to-business healthcare solutions, while a decrease may indicate a contraction in non-core service demand or divestitures.
How does other services — net operating revenues compare across companies?
Peers in the healthcare services sector often report similar non-acute revenue streams under 'Other' or 'Corporate' segments, though the specific service mix varies significantly based on whether the company focuses on clinical support, technology, or administrative outsourcing.