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THC

Tenet Healthcare Corp. 

$138.01

Earnings Summary

Revenue
$5368Mn
Net Profits
$2151Mn
Net Profit Margins
40.07%
PE Ratio
5.35

Highlights

Revenue:

Tenet Healthcare Corp. ’s revenue jumped 6.91% since last year same period to $5368Mn in the Q1 2024. On a quarterly growth basis, Tenet Healthcare Corp.  has generated -0.2% fall in its revenue since last 3-months.

Net Profits:

Tenet Healthcare Corp. ’s net profit jumped 626.69% since last year same period to $2151Mn in the Q1 2024. On a quarterly growth basis, Tenet Healthcare Corp.  has generated 781.56% jump in its net profits since last 3-months.

Net Profit Margins:

Tenet Healthcare Corp. ’s net profit margin jumped 579.71% since last year same period to 40.07% in the Q1 2024. On a quarterly growth basis, Tenet Healthcare Corp.  has generated 783.36% jump in its net profit margins since last 3-months.

PE Ratio:

Tenet Healthcare Corp. ’s price-to-earnings ratio after this Q1 2024 earnings stands at 5.35.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Tenet Healthcare Corp.  post its latest quarter earnings

EPS Estimate Current Quarter
1.85
EPS Estimate Current Year
1.85

Highlights

EPS Estimate Current Quarter:

Tenet Healthcare Corp. ’s earning per share (EPS) estimates for the current quarter stand at 1.85 - a 29.37% jump from last quarter’s estimates.

EPS Estimate Current Year:

Tenet Healthcare Corp. ’s earning per share (EPS) estimates for the current year stand at 1.85.

Key Ratios

Key ratios of the Tenet Healthcare Corp.  post its Q1 2024 earnings

Earning Per Share (EPS)
3.22
Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.54

Highlights

Earning Per Share (EPS):

Tenet Healthcare Corp. ’s earning per share (EPS) jumped 126.76% since last year same period to 3.22 in the Q1 2024. This indicates that the Tenet Healthcare Corp.  has generated 126.76% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Tenet Healthcare Corp. ’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Tenet Healthcare Corp. ’s return on equity (ROE) stands at 0.54.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-30
1.43
3.22
125.17%