Tenet Healthcare Corporation (THC)

Tenet Healthcare Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,354	3,200	611	411	914	399
Depreciation & Amortization	825	818	870	841	855	857
Other Amortization	23	26	32	33	33	38
Loss (Gain) From Sale of Assets	-14	-2,916	-23	-1	-445	-14
Asset Writedown & Restructuring Costs	-53	-90	-32	-2	-68	-43
Loss (Gain) From Sale of Investments	-4	-4	-29	-117	-23	-25
Loss (Gain) on Equity Investments	-33	-29	-13	2	-10	-37
Stock-Based Compensation	94	67	66	56	56	44
Other Operating Activities	993	839	821	1,003	993	597
Change in Accounts Receivable	130	245	-29	-140	-197	195
Change in Inventory	-154	-86	-139	-64	-52	-145
Change in Accounts Payable	84	-30	215	-898	-584	1,302
Change in Income Taxes	-790	16	10	-26	68	19
Change in Other Net Operating Assets	23	-9	14	-15	28	221
Operating Cash Flow	2,478	2,047	2,374	1,083	1,568	3,407
Operating Cash Flow Growth	-22.61%	-13.77%	119.21%	-30.93%	-53.98%	176.32%
Capital Expenditures	-976	-931	-751	-762	-658	-540
Cash Acquisitions	-313	-571	-224	-234	-1,220	-1,177
Divestitures	34	4,981	71	210	1,248	77
Investment in Securities	-5	-31	-54	-16	-77	15
Other Investing Activities	2	-19	-11	-6	-7	17
Investing Cash Flow	-1,258	3,429	-969	-808	-714	-1,608
Short-Term Debt Issued	-	-	-	-	-	740
Long-Term Debt Issued	-	23	1,370	2,023	2,872	3,818
Total Debt Issued	28	23	1,370	2,023	2,872	4,558
Short-Term Debt Repaid	-	-	-	-	-	-740
Long-Term Debt Repaid	-	-2,243	-1,542	-2,851	-3,221	-3,293
Total Debt Repaid	-121	-2,243	-1,542	-2,851	-3,221	-4,033
Net Debt Issued (Repaid)	-93	-2,220	-172	-828	-349	525
Repurchase of Common Stock	-1,221	-672	-200	-250	-	-
Other Financing Activities	-1,025	-793	-663	-703	-587	-140
Financing Cash Flow	-2,339	-3,685	-1,035	-1,781	-936	385
Net Cash Flow	-1,119	1,791	370	-1,506	-82	2,184
Free Cash Flow	1,502	1,116	1,623	321	910	2,867
Free Cash Flow Growth	-37.23%	-31.24%	405.61%	-64.72%	-68.26%	409.24%
Free Cash Flow Margin	7.21%	5.40%	7.90%	1.67%	4.67%	16.25%
Free Cash Flow Per Share	16.18	11.40	15.49	2.90	8.38	26.98
Cash Interest Paid	795	851	882	848	937	962
Cash Income Tax Paid	1,292	1,271	243	161	92	12
Levered Free Cash Flow	594.88	2,329	896.75	103.88	1,559	1,533
Unlevered Free Cash Flow	1,084	2,819	1,428	627.13	2,103	2,122
Change in Working Capital	-707	136	71	-1,143	-737	1,592

Updated Oct 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q