Tenet Ebit from 2010 to 2024

THC Stock  USD 143.63  4.29  2.90%   
Tenet Healthcare's EBIT is increasing over the years with slightly volatile fluctuation. Overall, EBIT is expected to go to about 2.9 B this year. During the period from 2010 to 2024 Tenet Healthcare EBIT annual values regression line had geometric mean of  1,368,930,916 and mean square error of 55956.1 T. View All Fundamentals
 
EBIT  
First Reported
1989-06-30
Previous Quarter
674 M
Current Value
1.1 B
Quarterly Volatility
360.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tenet Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenet Healthcare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 524.6 M, Interest Expense of 752.6 M or Total Revenue of 11.4 B, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0088 or PTB Ratio of 5.68. Tenet financial statements analysis is a perfect complement when working with Tenet Healthcare Valuation or Volatility modules.
  
Check out the analysis of Tenet Healthcare Correlation against competitors.
For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.

Latest Tenet Healthcare's Ebit Growth Pattern

Below is the plot of the Ebit of Tenet Healthcare over the last few years. It is Tenet Healthcare's EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tenet Healthcare's overall financial position and show how it may be relating to other accounts over time.
Ebit10 Years Trend
Slightly volatile
   Ebit   
       Timeline  

Tenet Ebit Regression Statistics

Arithmetic Mean1,590,696,667
Geometric Mean1,368,930,916
Coefficient Of Variation50.35
Mean Deviation609,728,889
Median1,513,000,000
Standard Deviation800,864,850
Sample Variance641384.5T
Range2.6B
R-Value0.96
Mean Square Error55956.1T
R-Squared0.92
Slope171,671,964
Total Sum of Squares8979383.1T

Tenet Ebit History

20242.9 B
20232.8 B
20222.5 B
20212.6 B
20201.6 B
20191.5 B
20181.8 B

Other Fundumenentals of Tenet Healthcare

About Tenet Healthcare Financial Statements

Tenet Healthcare stakeholders use historical fundamental indicators, such as Tenet Healthcare's Ebit, to determine how well the company is positioned to perform in the future. Although Tenet Healthcare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tenet Healthcare's assets and liabilities are reflected in the revenues and expenses on Tenet Healthcare's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tenet Healthcare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
EBIT2.8 B2.9 B
EBITDA3.7 B3.8 B
Ebt Per Ebit 0.64  0.68 
Ebit Per Revenue 0.12  0.11 

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When determining whether Tenet Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenet Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenet Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenet Healthcare Stock:
Check out the analysis of Tenet Healthcare Correlation against competitors.
For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.215
Earnings Share
31.57
Revenue Per Share
213.204
Quarterly Revenue Growth
0.011
Return On Assets
0.0699
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.