Tenet Healthcare (THC) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

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	$3.96B
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	$687.51M
ENSG	Ensign Group	$3.73B	$1.08B
BKD	Brookdale Senior Living	$3.02B	$784.17M
ACHC	Acadia Healthcare Company	$2.93B	$815.63M
SGRY	Surgery Partners	$2.74B	$770.40M
ADUS	Addus HomeCare	$1.06B	$289.79M
INNV	InnovAge	$763.86M	$205.14M
PNTG	Pennant Group	$544.89M	$168.75M
USPH	U.S. Physical Therapy	$514.56M	$87.63M

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.