Tenet Healthcare (THC) Revenue & Revenue Breakdown
Tenet Healthcare Revenue Highlights
Latest Revenue (Y)
$20.55B
Latest Revenue (Q)
$5.12B
Main Segment (Y)
Hospital Operations
Main Geography (Y)
Hospital Operations
Tenet Healthcare Revenue by Period
Tenet Healthcare Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $20.55B | 7.17% |
| 2022-12-31 | $19.17B | -1.60% |
| 2021-12-31 | $19.48B | 10.46% |
| 2020-12-31 | $17.64B | -4.54% |
| 2019-12-31 | $18.48B | 0.91% |
| 2018-12-31 | $18.31B | -4.52% |
| 2017-12-31 | $19.18B | -2.25% |
| 2016-12-31 | $19.62B | 5.30% |
| 2015-12-31 | $18.63B | 12.15% |
| 2014-12-31 | $16.61B | 49.66% |
| 2013-12-31 | $11.10B | 21.75% |
| 2012-12-31 | $9.12B | 2.99% |
| 2011-12-31 | $8.85B | -3.81% |
| 2010-12-31 | $9.21B | 2.12% |
| 2009-12-31 | $9.01B | 4.05% |
| 2008-12-31 | $8.66B | -2.14% |
| 2007-12-31 | $8.85B | 1.74% |
| 2006-12-31 | $8.70B | -9.50% |
| 2005-12-31 | $9.61B | -3.07% |
| 2004-12-31 | $9.92B | -24.92% |
| 2003-12-31 | $13.21B | 100.00% |
| 2002-12-31 | - | -100.00% |
| 2001-05-31 | $12.05B | 5.60% |
| 2000-05-31 | $11.41B | 4.91% |
| 1999-05-31 | $10.88B | 9.95% |
| 1998-05-31 | $9.89B | 13.85% |
| 1997-05-31 | $8.69B | 56.34% |
| 1996-05-31 | $5.56B | 67.54% |
| 1995-05-31 | $3.32B | 11.83% |
| 1994-05-31 | $2.97B | -21.13% |
| 1993-05-31 | $3.76B | - |
Tenet Healthcare generated $20.55B in revenue during NA 2023, up 7.17% compared to the previous quarter, and up 112.20% compared to the same period a year ago.
Tenet Healthcare Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $5.12B | 0.37% |
| 2024-06-30 | $5.10B | -4.94% |
| 2024-03-31 | $5.37B | -0.20% |
| 2023-12-31 | $5.38B | 6.18% |
| 2023-09-30 | $5.07B | -0.31% |
| 2023-06-30 | $5.08B | 1.21% |
| 2023-03-31 | $5.02B | 0.62% |
| 2022-12-31 | $4.99B | 3.94% |
| 2022-09-30 | $4.80B | 3.51% |
| 2022-06-30 | $4.64B | -2.26% |
| 2022-03-31 | $4.75B | -2.29% |
| 2021-12-31 | $4.86B | -0.78% |
| 2021-09-30 | $4.89B | -1.21% |
| 2021-06-30 | $4.95B | 3.62% |
| 2021-03-31 | $4.78B | -2.73% |
| 2020-12-31 | $4.92B | 7.86% |
| 2020-09-30 | $4.56B | 24.92% |
| 2020-06-30 | $3.65B | -19.29% |
| 2020-03-31 | $4.52B | -5.95% |
| 2019-12-31 | $4.81B | 5.21% |
| 2019-09-30 | $4.57B | 0.18% |
| 2019-06-30 | $4.56B | 0.33% |
| 2019-03-31 | $4.54B | -1.60% |
| 2018-12-31 | $4.62B | 2.90% |
| 2018-09-30 | $4.49B | -0.38% |
| 2018-06-30 | $4.51B | -4.11% |
| 2018-03-31 | $4.70B | -5.60% |
| 2017-12-31 | $4.98B | 8.55% |
| 2017-09-30 | $4.59B | -4.50% |
| 2017-06-30 | $4.80B | -0.23% |
| 2017-03-31 | $4.81B | -0.97% |
| 2016-12-31 | $4.86B | 0.23% |
| 2016-09-30 | $4.85B | -0.39% |
| 2016-06-30 | $4.87B | -3.49% |
| 2016-03-31 | $5.04B | 0.36% |
| 2015-12-31 | $5.03B | 7.12% |
| 2015-09-30 | $4.69B | 4.45% |
| 2015-06-30 | $4.49B | 1.45% |
| 2015-03-31 | $4.43B | -0.90% |
| 2014-12-31 | $4.47B | 6.92% |
| 2014-09-30 | $4.18B | 3.39% |
| 2014-06-30 | $4.04B | 2.95% |
| 2014-03-31 | $3.93B | 1.06% |
| 2013-12-31 | $3.88B | 61.34% |
| 2013-09-30 | $2.41B | -0.58% |
| 2013-06-30 | $2.42B | 1.47% |
| 2013-03-31 | $2.39B | 2.40% |
| 2012-12-31 | $2.33B | 4.95% |
| 2012-09-30 | $2.22B | -1.94% |
| 2012-06-30 | $2.27B | -3.62% |
| 2012-03-31 | $2.35B | 44.00% |
| 2011-12-31 | $1.63B | -30.32% |
| 2011-09-30 | $2.34B | -1.35% |
| 2011-06-30 | $2.37B | -5.27% |
| 2011-03-31 | $2.51B | 8.91% |
| 2010-12-31 | $2.30B | 1.72% |
| 2010-09-30 | $2.26B | -1.78% |
| 2010-06-30 | $2.30B | -1.54% |
| 2010-03-31 | $2.34B | 3.45% |
| 2009-12-31 | $2.26B | -0.04% |
| 2009-09-30 | $2.26B | 1.48% |
| 2009-06-30 | $2.23B | -2.19% |
| 2009-03-31 | $2.28B | 3.83% |
| 2008-12-31 | $2.19B | 1.71% |
| 2008-09-30 | $2.16B | -1.19% |
| 2008-06-30 | $2.18B | -7.89% |
| 2008-03-31 | $2.37B | - |
Tenet Healthcare generated $5.12B in revenue during Q3 2024, up 0.37% compared to the previous quarter, and up 100.79% compared to the same period a year ago.
Tenet Healthcare Revenue Breakdown
Tenet Healthcare Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Ambulatory Care | $3.87B | $2.72B | $2.07B | - | - |
| Hospital Operations | $6.03B | $15.98B | - | - | - |
| Hospital Operations Segment | - | - | $823.00M | - | - |
| Conifer Segment | - | - | - | $1.37B | $1.53B |
Tenet Healthcare's latest annual revenue breakdown by segment (product or service), as of Dec 23: Hospital Operations (60.92%), and Ambulatory Care (39.08%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Dec 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ambulatory Care | $995.00M | $2.92B | $942.00M | $933.00M | $771.00M | $738.00M | $742.00M | $666.00M | $664.00M | $646.00M | $649.00M | $565.00M | $368.00M | - | - | - | - | - | - | - |
| Hospital Operations | $4.37B | $3.84B | $3.65B | $3.80B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Hospital Operations Segment | - | - | $7.00M | $2.00M | $4.00M | $24.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Conifer Segment | - | - | - | $326.00M | $324.00M | $6.30B | $6.45B | $6.60B | $344.00M | $6.68B | $6.83B | $332.00M | $332.00M | $336.00M | $355.00M | $349.00M | $372.00M | $371.00M | - | - |
| Core Services And Other Segment | - | - | - | - | - | - | - | - | - | - | - | - | - | $490.00M | $522.00M | $524.00M | $480.00M | $502.00M | - | - |
Tenet Healthcare's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Hospital Operations (81.46%), and Ambulatory Care (18.54%).
Tenet Healthcare Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|
| Ambulatory Care | $2.72B | $2.07B | - | - |
| Hospital Operations | $15.98B | - | - | - |
| Hospital Operations Segment | - | $823.00M | - | - |
| Conifer Segment | - | - | $1.37B | $1.53B |
Tenet Healthcare's latest annual revenue breakdown by geography, as of Dec 21: Hospital Operations (85.47%), and Ambulatory Care (14.53%).
Tenet Healthcare Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| HCA | HCA Healthcare | $64.97B | $17.49B |
| THC | Tenet Healthcare | $20.55B | $5.12B |
| UHS | Universal Health Services | $14.28B | $3.91B |
| DVA | DaVita | $12.14B | $3.26B |
| SEM | Select Medical | $6.66B | $1.76B |
| EHC | Encompass Health | $4.80B | $1.35B |
| AMN | AMN Healthcare Services | $3.79B | $740.68M |
| ENSG | Ensign Group | $3.73B | $1.08B |
| BKD | Brookdale Senior Living | $3.02B | $777.54M |
| ACHC | Acadia Healthcare Company | $2.93B | $815.63M |
| SGRY | Surgery Partners | $2.74B | $762.10M |
| ADUS | Addus HomeCare | $1.06B | $286.92M |
| INNV | InnovAge | $763.86M | $193.07M |
| PNTG | Pennant Group | $544.89M | $156.91M |
| USPH | U.S. Physical Therapy | $514.56M | $167.19M |
THC Revenue FAQ
What is Tenet Healthcare’s yearly revenue?
Tenet Healthcare's yearly revenue for 2023 was $20.55B, representing an increase of 7.17% compared to 2022. The company's yearly revenue for 2022 was $19.17B, representing a decrease of -1.60% compared to 2021. THC's yearly revenue for 2021 was $19.48B, representing an increase of 10.46% compared to 2020.
What is Tenet Healthcare’s quarterly revenue?
Tenet Healthcare's quarterly revenue for Q3 2024 was $5.12B, a 0.37% increase from the previous quarter (Q2 2024), and a 1.11% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $5.1B, a -4.94% decrease from the previous quarter (Q1 2024), and a 0.41% increase year-over-year (Q2 2023). THC's quarterly revenue for Q1 2024 was $5.37B, a -0.20% decrease from the previous quarter (Q4 2023), and a 6.91% increase year-over-year (Q1 2023).
What is Tenet Healthcare’s revenue growth rate?
Tenet Healthcare's revenue growth rate for the last 3 years (2021-2023) was 5.46%, and for the last 5 years (2019-2023) was 11.20%.
What are Tenet Healthcare’s revenue streams?
Tenet Healthcare's revenue streams in c 23 are Ambulatory Care, and Hospital Operations. Ambulatory Care generated $3.86B in revenue, accounting 39.08% of the company's total revenue, up 42.20% year-over-year. Hospital Operations generated $6.03B in revenue, accounting 60.92% of the company's total revenue, down -62.30% year-over-year.
What is Tenet Healthcare’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Tenet Healthcare was Hospital Operations. This segment made a revenue of $6.03B, representing 60.92% of the company's total revenue.