Tenet Healthcare Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	2,674	2,883	3,019	1,228	858	2,364
Cash & Short-Term Investments	2,674	2,883	3,019	1,228	858	2,364
Cash Growth	-10.12%	-4.50%	145.85%	43.12%	-63.71%	-3.35%
Accounts Receivable	3,259	3,247	3,054	3,404	3,462	3,306
Other Receivables	854	609	555	542	577	578
Receivables	4,547	3,856	3,609	3,946	4,039	3,884
Inventory	340	348	346	411	405	384
Prepaid Expenses	360	423	368	391	400	252
Other Current Assets	507	339	340	1,191	279	191
Total Current Assets	8,428	7,849	7,682	7,167	5,981	7,075
Property, Plant & Equipment	6,290	7,449	7,086	7,319	7,591	7,429
Long-Term Investments	3,130	1,442	1,532	1,560	1,629	2,016
Goodwill	11,641	11,198	10,691	10,307	10,123	9,261
Other Intangible Assets	1,226	1,348	1,397	1,368	1,424	1,497
Long-Term Accounts Receivable	-	121	274	334	197	213
Long-Term Deferred Tax Assets	49	84	80	77	19	65
Long-Term Deferred Charges	-	-	-	-	-	23
Other Long-Term Assets	-	186	194	180	192	-
Total Assets	31,592	29,677	28,936	28,312	27,156	27,579

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Accounts Payable	1,387	1,360	1,294	1,408	1,504	1,300
Accrued Expenses	1,403	1,239	1,310	1,408	1,269	1,378
Current Portion of Long-Term Debt	164	34	38	36	46	29
Current Portion of Leases	-	259	258	288	306	307
Current Income Taxes Payable	22	-	18	23	-	-
Current Unearned Revenue	279	88	80	59	7	964
Other Current Liabilities	2,063	1,483	1,312	1,538	1,344	1,131
Total Current Liabilities	5,318	4,463	4,310	4,760	4,476	5,109
Long-Term Debt	12,400	12,685	12,691	14,762	14,769	15,335
Long-Term Leases	679	1,450	1,340	1,127	1,211	1,100
Long-Term Unearned Revenue	6	13	13	12	-	15
Pension & Post-Retirement Benefits	238	245	298	335	331	421
Long-Term Deferred Tax Liabilities	529	240	227	326	217	36
Other Long-Term Liabilities	2,828	1,608	1,510	1,482	1,544	1,306
Total Liabilities	21,998	20,704	20,389	22,804	22,548	23,322

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Common Stock	8	8	8	8	8	8
Additional Paid-In Capital	5,236	4,914	4,873	4,834	4,778	4,877
Retained Earnings	6,943	4,415	3,008	-192	-803	-1,214
Treasury Stock	-6,565	-4,936	-3,538	-2,861	-2,660	-2,410
Comprehensive Income & Other	-178	-181	-180	-181	-181	-233
Total Common Equity	5,444	4,220	4,171	1,608	1,142	1,028
Minority Interest	4,150	4,753	4,376	3,900	3,466	3,229
Shareholders' Equity	9,594	8,973	8,547	5,508	4,608	4,257
Total Liabilities & Equity	31,592	29,677	28,936	28,312	27,156	27,579

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Total Debt	13,243	14,428	14,327	16,213	16,332	16,771
Net Cash (Debt)	-10,569	-11,486	-11,258	-14,937	-15,444	-14,407
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-124.31	-126.45	-115.02	-142.53	-139.74	-132.70
Filing Date Shares Outstanding	79.59	86.96	95.12	100	102.27	107.42
Total Common Shares Outstanding	79.58	86.95	95.11	99.95	102.25	107.19
Working Capital	3,110	3,386	3,372	2,407	1,505	1,966
Book Value Per Share	68.41	48.53	43.85	16.09	11.17	9.59
Tangible Book Value	-7,423	-8,326	-7,917	-10,067	-10,405	-9,730
Tangible Book Value Per Share	-93.27	-95.75	-83.24	-100.72	-101.76	-90.77
Land	-	534	539	625	661	635
Buildings	-	6,672	6,130	6,692	6,646	6,652
Machinery	-	5,038	4,399	4,750	4,748	4,455
Construction In Progress	-	211	238	269	195	166

SEC Filings: 10-K · 10-Q