Tenet Healthcare Corporation (THC) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$270.57 +0.77% NYSE • Public Delayed / 60s Snapshot

Tenet Healthcare Corporation (THC) carries a Roarable Rating of C+ (Hold) with 66/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C+ • HOLD / WATCH Cap $21.79B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C+
025507510066
2-of-3 JEV AI Jury Bullish
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw C · Rk C+
Cash (17)Whales (10)SEC (16)Macro (11)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+3.6% Base Target
$331 Bull$280 Base$219 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:56% Call Buyers ($2.5M)
44% PutsMax Pain: $265.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How THC Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$2.53B (11.9% FCF Margin)
Revenue$21.31BGross Profit $9.38B (44%)Cost of Sales $11.93BOp Profit $3.51B (16.5%)OpEx (R&D/SG&A) $5.87BNet Profit$2.37B (11.1%)Tax/Other $1.14B

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $20.56B
FY24
Rev $20.68B
FY25
Rev $21.31B
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$21.31B44%16.5%$2.37B$2.53B26%
FY 2024$20.68B44%28.8%$4.06B$1.12B45.6%
FY 2023$20.56B44%12.2%$1.31B$1.45B13.3%
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Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring THC)

  • ✓Live walkthrough of THC's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
  • ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
RQD INSIDER CLUB UPGRADE$49/YEAR
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THC // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +54.27%▼ SUPPORT BREAKDOWN
2026-10-30O $266.5H $274.1L $265.6C $273.3VOL 1.21M
RES: $277.2SUP: $278.9SMA50: $264.9SMA200: $220.2
$291.8$255.4$219.1$182.7$146.3RES $277.2SUP $278.9$273.32026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

THC Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
-2.8%/yr Implied 5Y Growth

vs. +3.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on THC today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for THC. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for THC today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

THC Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Tenet Healthcare Corporation (THC)?

In FY 2025 (10-K), THC converted $21.3B of revenue into a 44% gross margin, 16.5% operating margin, and $2.5B in free cash flow (11.9% FCF margin).