Tenet Gross Profit from 2010 to 2024

THC Stock

USD 142.68 0.70 0.49%

Tenet Healthcare's Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 6.8 B. Gross Profit is the profit Tenet Healthcare makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1985-06-30

Previous Quarter

671 M

Current Value

1.8 B

Quarterly Volatility

1.6 B

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Tenet Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenet Healthcare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 524.6 M, Interest Expense of 752.6 M or Total Revenue of 11.4 B, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0088 or PTB Ratio of 5.68. Tenet financial statements analysis is a perfect complement when working with Tenet Healthcare Valuation or Volatility modules.

Check out the analysis of Tenet Healthcare Correlation against competitors.

For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.

Latest Tenet Healthcare's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Tenet Healthcare over the last few years. Gross profit is a required income statement account that reflects total revenue of Tenet Healthcare minus its cost of goods sold. It is profit before Tenet Healthcare operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Tenet Healthcare's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tenet Healthcare's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 7.05 B

10 Years Trend

Slightly volatile

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Gross Profit

Timeline

Tenet Gross Profit Regression Statistics

	Arithmetic Mean	11,699,499,795
	Geometric Mean	9,737,287,651
	Coefficient Of Variation	44.72
	Mean Deviation	4,586,466,913
	Median	14,658,000,000
	Standard Deviation	5,231,873,718
	Sample Variance	27372502.6T
	Range	15.4B
	R-Value	0.42
	Mean Square Error	24294741.4T
	R-Squared	0.18
	Significance	0.12
	Slope	490,565,995
	Total Sum of Squares	383215036.4T

Tenet Gross Profit History

	2024	6.8 B
	2023	7.8 B
	2022	15.9 B
	2021	16.2 B
	2020	14.7 B
	2019	15.4 B
	2018	15.3 B

Other Fundumenentals of Tenet Healthcare

Gross Profit Margin

Tenet Healthcare Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Long Term Debt	Good Will	Short Term Investments	Treasury Stock	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.21	0.96	-0.22	0.97	0.99	0.97	0.75	0.84	0.82	0.85	0.92	-0.67	-0.73	-0.64	0.58	-0.05	-0.96	0.95	0.8	0.78	0.45	0.38	0.6	0.46	0.53
Total Stockholder Equity	-0.21		-0.36	0.8	0.0	-0.32	-0.1	-0.05	-0.6	-0.24	-0.5	-0.11	-0.41	0.31	0.43	-0.46	-0.73	0.36	-0.37	0.13	-0.24	-0.69	0.14	0.52	0.43	0.59
Net Debt	0.96	-0.36		-0.36	0.89	0.97	0.88	0.67	0.93	0.85	0.88	0.83	-0.54	-0.79	-0.72	0.72	0.15	-0.92	0.96	0.73	0.66	0.53	0.15	0.38	0.23	0.38
Retained Earnings	-0.22	0.8	-0.36		-0.04	-0.34	-0.14	0.01	-0.6	-0.46	-0.43	0.05	-0.37	0.64	0.47	-0.26	-0.72	0.31	-0.33	0.18	-0.21	-0.59	0.09	0.51	0.37	0.56
Net Receivables	0.97	0.0	0.89	-0.04		0.93	0.97	0.83	0.7	0.73	0.72	0.92	-0.75	-0.65	-0.52	0.47	-0.27	-0.89	0.87	0.87	0.72	0.29	0.4	0.74	0.58	0.68
Total Liab	0.99	-0.32	0.97	-0.34	0.93		0.95	0.72	0.9	0.85	0.89	0.88	-0.59	-0.78	-0.7	0.63	0.06	-0.96	0.97	0.75	0.78	0.5	0.36	0.5	0.39	0.42
Total Current Assets	0.97	-0.1	0.88	-0.14	0.97	0.95		0.8	0.74	0.74	0.77	0.89	-0.69	-0.69	-0.58	0.46	-0.17	-0.91	0.88	0.83	0.76	0.28	0.53	0.71	0.62	0.6
Short Term Debt	0.75	-0.05	0.67	0.01	0.83	0.72	0.8		0.48	0.41	0.49	0.73	-0.41	-0.43	-0.38	0.34	-0.38	-0.65	0.65	0.82	0.43	0.2	0.42	0.62	0.65	0.55
Intangible Assets	0.84	-0.6	0.93	-0.6	0.7	0.9	0.74	0.48		0.85	0.93	0.69	-0.31	-0.78	-0.78	0.75	0.44	-0.86	0.93	0.53	0.62	0.71	0.12	0.1	0.07	0.08
Accounts Payable	0.82	-0.24	0.85	-0.46	0.73	0.85	0.74	0.41	0.85		0.85	0.62	-0.48	-0.86	-0.75	0.6	0.2	-0.78	0.87	0.53	0.63	0.47	0.15	0.24	0.23	0.3
Long Term Debt	0.85	-0.5	0.88	-0.43	0.72	0.89	0.77	0.49	0.93	0.85		0.78	-0.43	-0.64	-0.74	0.74	0.28	-0.91	0.96	0.59	0.77	0.65	0.27	0.24	0.26	0.25
Good Will	0.92	-0.11	0.83	0.05	0.92	0.88	0.89	0.73	0.69	0.62	0.78		-0.75	-0.42	-0.44	0.49	-0.23	-0.92	0.87	0.84	0.82	0.41	0.4	0.7	0.52	0.64
Short Term Investments	-0.67	-0.41	-0.54	-0.37	-0.75	-0.59	-0.69	-0.41	-0.31	-0.48	-0.43	-0.75		0.31	0.23	-0.11	0.51	0.64	-0.55	-0.7	-0.62	-0.01	-0.32	-0.86	-0.52	-0.86
Treasury Stock	-0.73	0.31	-0.79	0.64	-0.65	-0.78	-0.69	-0.43	-0.78	-0.86	-0.64	-0.42	0.31		0.73	-0.43	-0.25	0.67	-0.7	-0.38	-0.47	-0.39	-0.14	-0.16	-0.09	-0.11
Common Stock	-0.64	0.43	-0.72	0.47	-0.52	-0.7	-0.58	-0.38	-0.78	-0.75	-0.74	-0.44	0.23	0.73		-0.6	-0.32	0.63	-0.73	-0.4	-0.43	-0.41	-0.09	-0.06	-0.1	-0.1
Property Plant Equipment	0.58	-0.46	0.72	-0.26	0.47	0.63	0.46	0.34	0.75	0.6	0.74	0.49	-0.11	-0.43	-0.6		0.46	-0.56	0.73	0.45	0.27	0.43	-0.11	-0.05	-0.02	0.06
Current Deferred Revenue	-0.05	-0.73	0.15	-0.72	-0.27	0.06	-0.17	-0.38	0.44	0.2	0.28	-0.23	0.51	-0.25	-0.32	0.46		-0.05	0.14	-0.34	-0.1	0.45	-0.29	-0.73	-0.62	-0.7
Net Tangible Assets	-0.96	0.36	-0.92	0.31	-0.89	-0.96	-0.91	-0.65	-0.86	-0.78	-0.91	-0.92	0.64	0.67	0.63	-0.56	-0.05		-0.95	-0.71	-0.88	-0.56	-0.41	-0.53	-0.38	-0.44
Long Term Debt Total	0.95	-0.37	0.96	-0.33	0.87	0.97	0.88	0.65	0.93	0.87	0.96	0.87	-0.55	-0.7	-0.73	0.73	0.14	-0.95		0.76	0.75	0.56	0.28	0.4	0.36	0.41
Capital Surpluse	0.8	0.13	0.73	0.18	0.87	0.75	0.83	0.82	0.53	0.53	0.59	0.84	-0.7	-0.38	-0.4	0.45	-0.34	-0.71	0.76		0.49	0.15	0.27	0.7	0.64	0.81
Long Term Investments	0.78	-0.24	0.66	-0.21	0.72	0.78	0.76	0.43	0.62	0.63	0.77	0.82	-0.62	-0.47	-0.43	0.27	-0.1	-0.88	0.75	0.49		0.47	0.53	0.55	0.41	0.41
Short Long Term Debt	0.45	-0.69	0.53	-0.59	0.29	0.5	0.28	0.2	0.71	0.47	0.65	0.41	-0.01	-0.39	-0.41	0.43	0.45	-0.56	0.56	0.15	0.47		-0.12	-0.21	-0.28	-0.19
Cash And Equivalents	0.38	0.14	0.15	0.09	0.4	0.36	0.53	0.42	0.12	0.15	0.27	0.4	-0.32	-0.14	-0.09	-0.11	-0.29	-0.41	0.28	0.27	0.53	-0.12		0.63	0.79	0.29
Net Invested Capital	0.6	0.52	0.38	0.51	0.74	0.5	0.71	0.62	0.1	0.24	0.24	0.7	-0.86	-0.16	-0.06	-0.05	-0.73	-0.53	0.4	0.7	0.55	-0.21	0.63		0.79	0.86
Net Working Capital	0.46	0.43	0.23	0.37	0.58	0.39	0.62	0.65	0.07	0.23	0.26	0.52	-0.52	-0.09	-0.1	-0.02	-0.62	-0.38	0.36	0.64	0.41	-0.28	0.79	0.79		0.7
Capital Stock	0.53	0.59	0.38	0.56	0.68	0.42	0.6	0.55	0.08	0.3	0.25	0.64	-0.86	-0.11	-0.1	0.06	-0.7	-0.44	0.41	0.81	0.41	-0.19	0.29	0.86	0.7

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About Tenet Healthcare Financial Statements

Tenet Healthcare stakeholders use historical fundamental indicators, such as Tenet Healthcare's Gross Profit, to determine how well the company is positioned to perform in the future. Although Tenet Healthcare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tenet Healthcare's assets and liabilities are reflected in the revenues and expenses on Tenet Healthcare's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tenet Healthcare. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	7.8 B	6.8 B
Gross Profit Margin	0.38	0.38

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When determining whether Tenet Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenet Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenet Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenet Healthcare Stock:

How To Invest In Tenet

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Is Tenet Stock a good investment?

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What is Tenet Healthcare's Net Worth?

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Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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Check out the analysis of Tenet Healthcare Correlation against competitors.

For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

4.215

Earnings Share

31.58

Revenue Per Share

213.204

Quarterly Revenue Growth

0.011

Return On Assets

0.0699

The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Tenet Gross Profit from 2010 to 2024

Latest Tenet Healthcare's Gross Profit Growth Pattern

Tenet Gross Profit Regression Statistics

Tenet Gross Profit History

Other Fundumenentals of Tenet Healthcare

Tenet Healthcare Gross Profit component correlations

About Tenet Healthcare Financial Statements

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