Tenet Healthcare Corporation
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Tenet Healthcare Corporation's yearly results (2022–2025), compared with Healthcare companies in United States. Tap ? on any ratio for what it means.
What stands out
- Tangible Net Worth Ratio: Goodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative. Less tangible than 95% of Healthcare companies in United States.
- Debt Due Cover Ratio: Debt due within a year is covered 44.8 times by its yearly operating cash. Higher than 94% of Healthcare companies in United States.
- Cash Cushion Ratio: Debt, after subtracting cash, equals 47% of its market value (net debt). Lower than 92% of Healthcare companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
$153Over the last 3 years, every $100 of reported profit came with $153 of operating cash.
Higher than 51% of Healthcare companies in United States.
Self-Funding Ratio
3.0×Over the last 3 years its own operating cash covered its investment spending (capex) 3.0 times.
Higher than 79% of Healthcare companies in United States.
Cash Locked Ratio
$13For every $100 of sales, $13 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $16 tied up three years earlier.
Less money tied up than 72% of Healthcare companies in United States.
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 85% of Healthcare companies in United States.
Growth Efficiency Ratio
$47Sales grew 11% in 3 years; of every extra $100 of sales, $47 became extra profit.
Higher than 68% of Healthcare companies in United States.
Asset Productivity Ratio
+11% / +9%In 3 years sales changed by +11% while total assets changed by +9%. Both moved at about the same pace.
Balance-sheet strength
Debt Due Cover Ratio
44.8×Debt due within a year is covered 44.8 times by its yearly operating cash.
Higher than 94% of Healthcare companies in United States.
Cash Cushion Ratio
−47%Debt, after subtracting cash, equals 47% of its market value (net debt).
Lower than 92% of Healthcare companies in United States.
Tangible Assets Ratio
58%Of every $100 the company owns, $58 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 71% of Healthcare companies in United States.
Tangible Net Worth Ratio
NegativeGoodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative.
Less tangible than 95% of Healthcare companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Tenet Healthcare Corporation owes $0.72 for every $1 it owns. Net profit fell 56% in the year to Dec 2025, and grew 51% a year on average over 3 years.
Compared with Healthcare companies in United States · latest annual results Dec 2025.
P/E ratio
10.5Investors pay $10.5 for every $1 of Tenet Healthcare Corporation's yearly profit, lower than 81% of Healthcare companies in United States.
P/B ratio
4.68The share price is 4.68 times Tenet Healthcare Corporation's book value per share, higher than 70% of Healthcare companies in United States.
Market cap
$21.8 BThe total market value of all of Tenet Healthcare Corporation's shares at today's price (share price × number of shares), larger than 94% of Healthcare companies in United States. PosiCap size class: Tito Cap.
Net worth (book value)
$4.7 BWhat Tenet Healthcare Corporation would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$57.85Net worth divided by the number of shares. The share price of $270.63 is 4.7 times this, which is the P/B above.
Return on equity (ROE)
37.3%Tenet Healthcare Corporation earned 37.3% on its shareholders' money over the last year, higher than 96% of Healthcare companies in United States.
Owes vs Owns
0.72×Tenet Healthcare Corporation owes $0.72 for every $1 it owns (moderate), higher than 72% of Healthcare companies in United States.
Dividend yield
NoneTenet Healthcare Corporation does not currently pay a dividend.
Revenue growth
+3%Revenue rose 3% in the year to Dec 2025, and grew 4% a year on average over 3 years.
Profit growth
-56%Net profit fell 56% in the year to Dec 2025, and grew 51% a year on average over 3 years.
Profit margin
6.6%Tenet Healthcare Corporation keeps $7 of every $100 of revenue as net profit.
Cash quality
2.5×Cash from Tenet Healthcare Corporation's business was 2.5× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
4.2×Tenet Healthcare Corporation's operating profit covered its interest costs 4.2 times in the year to Dec 2025.
Cash vs debt
Net debtTenet Healthcare Corporation had $10.3 B more debt than cash (net debt) at Dec 2025.
Questions
What is Tenet Healthcare Corporation's P/E ratio?
Investors pay $10.5 for every $1 of Tenet Healthcare Corporation's yearly profit, lower than 81% of Healthcare companies in United States.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Tenet Healthcare Corporation: $21.8 B ÷ $4.7 B (30 Jun 2026) = 4.7.
What is Tenet Healthcare Corporation's return on equity?
Tenet Healthcare Corporation earned 37.3% on its shareholders' money over the last year, higher than 96% of Healthcare companies in United States.
How much does Tenet Healthcare Corporation owe compared with what it owns?
Tenet Healthcare Corporation owes $0.72 for every $1 it owns (moderate), higher than 72% of Healthcare companies in United States.
Does Tenet Healthcare Corporation pay a dividend?
No. Tenet Healthcare Corporation does not currently pay a dividend.
Is Tenet Healthcare Corporation's revenue growing?
Revenue rose 3% in the year to Dec 2025, and grew 4% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.