What does the company do?
Tenet Healthcare Corporation (Tenet) is an investor-owned health care services company, whose subsidiaries and affiliates principally operate general hospitals and related health care facilities. The Company’s operations are conducted through its subsidiaries. As of December 31, 2008, Tenet’s subsidiaries operated 53 general hospitals, a cancer hospital and a critical access hospital, with a combined total of 14,352 licensed beds, serving urban and rural communities in 12 states. Of those general hospitals, 45 were owned by the Company’s subsidiaries and eight were owned by third parties and leased by its subsidiaries (including one hospital Tenet owned located on land leased from a third party). In August 2008, the Company announced that it has completed the previously disclosed sale of its entire interest in Broadlane, Inc. to TowerBrook Capital Partners L.P. In November 2008, Tenet announced the formation of a wholly owned operating subsidiary, Conifer Health Solutions, Inc.
How much does the company sell and earn?
Investors need to know how much stuff or services a company sells, and how much of that total it keeps as income (or profit) to grow its business or return to shareholders. The more of each, the better. In general, look for companies that sell and earn more than peers.
- Tenet Healthcare one-year sales: 8.95 Bil.
Difference from the average for the Hospitals group: 55.13% - Tenet Healthcare one-year income: 188.00 Mil.
Difference from the average for the Hospitals group: 21.26%| Sales & Income (past 12 months) | Company | Industry |
|---|
| Sales | 8.95 Bil | 5.77 Bil | | Income | 188.00 Mil | 155.03 Mil |
How fast is the company growing?
- Tenet Healthcare one-year sales growth: 5.40%.
Difference from the average for the Hospitals group: -4.50 pct. pts. - Tenet Healthcare one-year income growth: 153.80%.
Difference from the average for the Hospitals group: 122.40 pct. pts.| Sales & Income Growth (past 12 months) | Company | Industry |
|---|
| Sales Growth | 5.40% | 9.90% | | Income Growth | 153.80% | 31.40% |
How profitable is the company?
Investors prefer companies that increase profit margins -- the percentage of sales that they keep -- every year. This is accomplished either by lowering expenses or raising prices. Look for companies that consistently find ways to squeeze more profits out of sales than their peers.
- Tenet Healthcare one-year net profit margin: 2.2%
Difference from the average for the Hospitals group: -1.1 pct. pts.
| Net profit margins (%) |
|---|
| Company | 2.2% | | Company 5-Yr Avg. | -7.1% | | Industry | 3.3% |
How is the company's financial health?
The debt/equity ratio shows how much a firm has borrowed as a percentage of its stock equity. The lower, the better.
- Tenet Healthcare debt/equity ratio: 6.82.
Difference from the average for the Hospitals group: 95.98%.
| | Company | Industry |
|---|
| Debt/equity ratio | 6.82 | 3.48 |
|
Recent News