Tenet Healthcare Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,883	3,019	1,228	858	2,364
Cash & Short-Term Investments	2,883	3,019	1,228	858	2,364
Cash Growth	-4.50%	145.85%	43.12%	-63.71%	-3.35%
Accounts Receivable	2,565	2,536	2,914	2,943	2,770
Inventory	348	346	411	405	384
Other Current Assets	2,053	1,781	2,614	1,775	1,557
Total Current Assets	7,849	7,682	7,167	5,981	7,075
Net Property, Plant & Equipment	6,315	6,049	6,236	6,462	6,427
Other Intangible Assets	1,348	1,397	1,368	1,424	1,497
Goodwill	11,198	10,691	10,307	10,123	9,261
Long-Term Investments	2,883	3,037	3,157	3,147	3,254
Other Long-Term Assets	84	80	77	19	65
Total Assets	29,677	28,936	28,312	27,156	27,579
Accounts Payable	1,360	1,294	1,408	1,504	1,300
Accrued Expenses	939	1,048	1,130	991	1,099
Current Portion of Long-Term Debt	79	92	120	145	135
Unearned Revenue	-	-	-	-	959
Other Current Liabilities	2,085	1,876	2,102	1,836	1,616
Total Current Liabilities	4,463	4,310	4,760	4,476	5,109
Long-Term Debt	13,092	13,081	14,882	14,934	15,511
Other Long-Term Liabilities	3,149	2,998	3,162	3,138	2,702
Total Long-Term Liabilities	16,241	16,079	18,044	18,072	18,213
Total Liabilities	20,704	20,389	22,804	22,548	23,322
Common Stock	8	8	8	8	8
Treasury Stock	-4,936	-3,538	-2,861	-2,660	-2,410
Additional Paid-in Capital	4,914	4,873	4,834	4,778	4,877
Accumulated Other Comprehensive Income	-181	-180	-181	-181	-233
Retained Earnings	4,415	3,008	-192	-803	-1,214
Total Common Shareholders' Equity	4,220	4,171	1,608	1,142	1,028
Minority Interest	4,753	4,376	3,900	3,466	3,229
Shareholders' Equity	8,973	8,547	5,508	4,608	4,257
Total Liabilities & Equity	29,677	28,936	28,312	27,156	27,579
Total Debt	13,171	13,173	15,002	15,079	15,646
Net Cash (Debt)	-10,288	-10,154	-13,774	-14,221	-13,282
Net Cash Per Share	-113.26	-103.74	-131.43	-128.68	-122.33
Book Value	4,220	4,171	1,608	1,142	1,028
Book Value Per Share	46.46	42.61	15.34	10.33	9.47
Tangible Book Value	-8,326	-7,917	-10,067	-10,405	-9,730
Tangible Book Value Per Share	-91.66	-80.88	-96.06	-94.15	-89.62

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.