Tenet Healthcare (THC) revenue breakdown
By segment, Hospital Operations is the largest at 76% of fiscal 2025 revenue; Ambulatory Care grew fastest, 13% a year over 8 years.
Revenue by segment
Fiscal years, as Tenet Healthcare reports them in its 10-K filings; fiscal 2025 total $21.3B.
| Segments | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Hospital Operations | $16.3B | $15.3B | $15.5B | $14.8B | $16.8B | $15.9B | $16.7B | $16.1B | $16.1B | 76% |
| Ambulatory Care | $1.9B | $2.1B | $2.2B | $2.1B | $2.7B | $3.2B | $3.9B | $4.5B | $5.2B | 24% |
| Conifer | $1.6B | $1.5B | $1.4B | $1.3B | — | — | — | — | — | — |
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Where does Tenet Healthcare make its money?
In fiscal 2025, by segment: Hospital Operations $16.1B, Ambulatory Care $5.2B.
From Tenet Healthcare's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.