Tenet Healthcare Corporation
Compare market positioning with top industry peers
Explore Tenet Healthcare
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$21.3B
Market Cap
$17.2B
Net Income
$1.1B
Employees
100,000
Tenet Healthcare is executing a focused, surgical portfolio transformation to become a lean, profitable operator of urban acute care hospitals and its rapidly expanding ambulatory surgical center network. Under CEO Saum Sutaria, the healthcare provider generated exactly $20.6 billion in revenue and maintains a $17.2 billion market cap with exactly 100000 employees. The financial narrative in 2026 is entirely defined by United Surgical Partners International (USPI) growth; prioritizing its capital-efficient outpatient surgical business, Tenet extracts increasingly lucrative margins by furiously expanding its USPI ambulatory surgery center portfolio while systematically divesting underperforming community hospital assets.
Revenue Trend Analysis
YoY Change
+4.8%
3-Year CAGR
+3.7%
Peak Year
2025
Trend
Consistent Growth
Tenet Healthcare Corporation has reported revenue across 4 fiscal years, compounding at +3.7% annually over 3 years. The most recent year saw a 4.8% increase versus the prior year. Revenue peaked in 2025 at $21.3B. Out of 3 reported periods, 3 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $21.3B | $1.1B | +4.8% |
| FY2024 | $20.3B | — | +3.2% |
| FY2023 | $19.7B | — | +3.1% |
| FY2022 | $19.1B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Tenet Healthcare Corporation reported approximately $20.6B in fiscal year 2025 with a team of 100,000 employees worldwide.
Tenet Healthcare Corporation strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Healthcare Providers & Services is driven by steady cash generation and pricing power, enabling Tenet Healthcare Corporation to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Tenet Healthcare Corporation Revenue & Financials." CorpDigest, https://corpdigest.com/company/tenet-healthcare/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Tenet Healthcare Corporation reported $21B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/tenet-healthcare/financials" target="_blank" rel="noopener">CorpDigest — Tenet Healthcare Corporation financials</a></div>