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Tenet Healthcare

  • Revenue$19.5 BFY, 2021
  • Market Capitalization$6.1 B2022-06-29

OverviewSuggest Edit

Tenet Healthcare is a diversified healthcare services company. It operates a variety of healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care centers, imaging centers, and other care sites and clinics. Tenet Healthcare's general hospitals offer acute care services, operating and recovery rooms, radiology services, respiratory therapy services, clinical laboratories, and pharmacies.
TypePublic
Founded1969
HQDallas, TX, USMap
Websitetenethealth.com
Employee Ratings3
Overall CultureC-More
View Jobs (7,787)

Locations

Tenet Healthcare is headquartered in
Dallas, United States

Location Map
All Locations (1)

Latest Updates

Employees (est.) (Dec 2021)101,100(-8%)
Job Openings7,787
Revenue (FY, 2021)$19.5 B(+11%)
Share Price (Jun 2022)$56.6(+2%)
Cybersecurity ratingBMore
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Key People/Management at Tenet Healthcare

Ronald A. Rittenmeyer

Ronald A. Rittenmeyer

Executive Chairman
Saum Sutaria

Saum Sutaria

Chief Executive Officer
Howard Hacker

Howard Hacker

Executive Vice President and Chief Compliance Officer
Theresa Horne

Theresa Horne

Chief Nursing Officer
Brett Brodnax

Brett Brodnax

President and Chief Executive Officer, United Surgical Partners International
Daniel Cancelmi

Daniel Cancelmi

Executive Vice President and Chief Financial Officer
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Tenet Healthcare Office Locations

Tenet Healthcare has an office in Dallas
Dallas, TX, US (HQ)
14201 Dallas Parkway
Show all (1)

Tenet Healthcare Financials and Metrics

Tenet Healthcare Revenue

Tenet Healthcare's revenue was reported to be $19.49 b in FY, 2021
USD

Revenue (FY, 2021)

19.5b

Net income (FY, 2021)

1.5b

EBIT (FY, 2021)

2.9b

Market capitalization (29-Jun-2022)

6.1b

Closing stock price (29-Jun-2022)

56.6

Cash (31-Dec-2021)

2.4b

EV

19.3b
Tenet Healthcare's current market capitalization is $6.1 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

18.5b17.6b19.5b

Revenue growth, %

1%(5%)

Sales and marketing expense

3.1b3.0b3.3b

General and administrative expense

8.7b8.4b8.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

4.5b4.6b4.6b4.5b3.6b4.6b4.8b5.0b4.9b

Sales and marketing expense

741.0m753.0m760.0m763.0m611.0m784.0m804.0m859.0m827.0m

General and administrative expense

2.2b2.1b2.2b2.2b1.9b2.1b2.2b2.3b2.2b

Operating expense total

4.2b3.5b4.2b4.2b3.7b4.2b4.3b4.4b4.3b
show all
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

262.0m2.4b2.4b

Accounts Receivable

2.7b2.7b2.8b

Inventories

310.0m368.0m384.0m

Current Assets

5.1b7.1b7.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

252.0m249.0m314.0m613.0m3.5b3.3b2.1b2.2b2.3b

Accounts Receivable

2.7b2.7b2.8b2.7b2.4b2.5b2.7b2.6b2.7b

Inventories

308.0m309.0m311.0m324.0m337.0m349.0m368.0m364.0m376.0m

Current Assets

4.6b4.7b4.8b5.4b7.9b7.8b6.7b7.4b6.9b
show all
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

154.0m768.0m1.5b

Depreciation and Amortization

850.0m857.0m855.0m

Inventories

(94.0m)(145.0m)(52.0m)

Accounts Payable

36.0m1.3b(584.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

65.0m177.0m25.0m159.0m328.0m222.0m222.0m479.0m1.1b

Depreciation and Amortization

208.0m422.0m627.0m244.0m409.0m624.0m224.0m445.0m654.0m

Inventories

(115.0m)(64.0m)(98.0m)23.0m44.0m30.0m130.0m56.0m(111.0m)

Accounts Payable

(109.0m)(217.0m)(37.0m)(144.0m)1.2b1.5b(87.0m)(232.0m)(149.0m)
show all
USDQ1, 2019

Debt/Equity

22.2 x

Debt/Assets

0.6 x

Financial Leverage

34.4 x
Show all financial metrics

Tenet Healthcare Operating Metrics

FY, 2018FY, 2019FY, 2020

Hospitals

686565

Outpatient Centers

165159157

Licensed Beds

17.94 k17.21 k17.18 k

Licensed Beds (Alabama)

1.74 k1.74 k1.74 k

Tenet Healthcare Acquisitions / Subsidiaries

Company NameDateDeal Size
SurgCenter DevelopmentNovember 08, 2021$1.2 b
United Surgical Partners InternationalApril 26, 2018
European Surgical Partners Ltd.June 16, 2015$226 m
Aspen HealthcareMarch 23, 2015
Emanuel Medical CenterAugust 01, 2014
Texas Regional Medical in SunnyvaleJune 03, 2014
Vanguard Health SystemsJune 24, 2013
Coastal Carolina Medical CenterJuly 01, 2007$35 m
USC/Norris Cancer HospitalDecember 16, 2003
OrNda HealthcorpJanuary 31, 1997
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Tenet Healthcare Revenue Breakdown

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Tenet Healthcare revenue breakdown by business segment: 13.9% from Ambulatory Care, 82.0% from Hospital Operations and other and 4.0% from Other

Tenet Healthcare Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

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Tenet Healthcare Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Tenet Healthcare Online and Social Media Presence

Tenet Healthcare's Trends

Embed Graph

Tenet Healthcare Company Culture

  • Overall Culture

    C-

    64/100

  • CEO Rating

    D-

    55/100

  • Compensation

    B

    69/100

  • Diversity

    C+

    68/100

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 Tenet Healthcare Frequently Asked Questions

  • When was Tenet Healthcare founded?

    Tenet Healthcare was founded in 1969.

  • Who are Tenet Healthcare key executives?

    Tenet Healthcare's key executives are Ronald A. Rittenmeyer, Saum Sutaria and Howard Hacker.

  • How many employees does Tenet Healthcare have?

    Tenet Healthcare has 101,100 employees.

  • What is Tenet Healthcare revenue?

    Latest Tenet Healthcare annual revenue is $19.5 b.

  • What is Tenet Healthcare revenue per employee?

    Latest Tenet Healthcare revenue per employee is $192.7 k.

  • Who are Tenet Healthcare competitors?

    Competitors of Tenet Healthcare include UPMC, Mednax and McKesson Europe.

  • Where is Tenet Healthcare headquarters?

    Tenet Healthcare headquarters is located at 14201 Dallas Parkway, Dallas.

  • Where are Tenet Healthcare offices?

    Tenet Healthcare has an office in Dallas.

  • How many offices does Tenet Healthcare have?

    Tenet Healthcare has 1 office.