Tenet Return On Equity from 2010 to 2024

THC Stock  USD 96.13  1.38  1.42%   
Tenet Healthcare's Return On Equity is increasing over the years with stable fluctuation. Overall, Return On Equity is expected to go to 0.61 this year. Return On Equity is a measure of the profitability of Tenet Healthcare in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.37997512
Current Value
0.61
Quarterly Volatility
7.09322782
 
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 537.1 M, Interest Expense of 738 M or Total Revenue of 11.4 B, as well as many exotic 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.
  
This module can also supplement Tenet Healthcare's financial leverage analysis and stock options assessment as well as various Tenet Healthcare Technical models . 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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Tenet Healthcare over the last few years. Return on Equity is the amount of Tenet Healthcare net income returned as a percentage of Tenet Healthcare equity. Return on equity measures Tenet Healthcare profitability by revealing how much profit Tenet Healthcare generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Tenet Healthcare's Return On Equity 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.
ViewLast Reported 0.2610 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Tenet Return On Equity Regression Statistics

Arithmetic Mean2.24
Coefficient Of Variation316.06
Mean Deviation3.70
Median0.09
Standard Deviation7.09
Sample Variance50.31
Range28.3613
R-Value0.22
Mean Square Error51.59
R-Squared0.05
Significance0.43
Slope0.35
Total Sum of Squares704.39

Tenet Return On Equity History

2024 0.61
2023 0.38
2022 0.88
2021 1.44
2020 27.43
2019 -0.39
2018 -0.93

About Tenet Healthcare Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Tenet Healthcare income statement, its balance sheet, and the statement of cash flows. Tenet Healthcare investors use historical funamental indicators, such as Tenet Healthcare's Return On Equity, to determine how well the company is positioned to perform in the future. Although Tenet Healthcare investors may use each financial statement separately, they are all related. The changes in Tenet Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tenet Healthcare's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Tenet Healthcare Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tenet Healthcare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.38  0.61 

Currently Active Assets on Macroaxis

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.
Note that the Tenet Healthcare information on this page should be used as a complementary analysis to other Tenet Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Tenet Stock analysis

When running Tenet Healthcare's price analysis, check to measure Tenet Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenet Healthcare is operating at the current time. Most of Tenet Healthcare's value examination focuses on studying past and present price action to predict the probability of Tenet Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Healthcare's price. Additionally, you may evaluate how the addition of Tenet Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Tenet Healthcare's industry 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
1.403
Earnings Share
5.71
Revenue Per Share
202.166
Quarterly Revenue Growth
0.078
Return On Assets
0.0629
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.