📈 Net Income History (16 Quarters)
🧮 THC Net Income Breakdown
Understanding Net Income
Net income, also called the "bottom line" or net profit, is the money a company keeps after paying all expenses including cost of goods, operating costs, interest, and taxes. For THC, the trailing twelve month net income is $3.2B.
Why Net Income Matters
Net income is the ultimate measure of accounting profitability. It determines earnings per share (EPS), affects stock valuations through the P/E ratio, and represents the theoretical amount available to shareholders. However, net income can be influenced by accounting choices, which is why value investors often look at cash flow metrics alongside it.
THC's net income growth rate of 36.63% (based on log-linear regression of 16 quarters) indicates exceptional profit growth, often valued at premium multiples.
Net Income vs Cash Flow Metrics
Free Cash Flow: $3.3B →
Actual cash generated after capital expenditures. FCF often differs from net income due to depreciation, working capital changes, and capex timing.
Owner Earnings: $3.5B →
Buffett's preferred metric that adds back depreciation but subtracts maintenance capex. Often considered more accurate than net income.
EPS (Diluted): $25.93 →
Net income divided by diluted shares outstanding. The primary driver of the P/E ratio used in valuations.
Revenue: $21.8B →
The top line that net income is derived from. Net margin shows what percentage of revenue becomes profit.
P/E Ratio Analysis
THC's P/E ratio of 10.3x means investors pay $10.27 for every $1 of annual earnings. A P/E between 10-15 is typical for mature, slow-growth companies with stable earnings.
Net Margin: Profitability Efficiency
Net margin of 14.55% shows what percentage of THC's revenue converts to profit after all costs. Net margins between 10-20% are solid and typical of well-managed businesses.
Summary: THC Net Income Trend
TENET HEALTHCARE CORP (THC) has a net margin of 14.55%, which Zyberno classifies as good for a Healthcare company — above the 10% threshold Zyberno applies to healthcare businesses where R&D amortization, legal costs, and tax structures shape net margins. Net income grew at 36.63% annually — significantly above the 20% threshold Zyberno associates with high-growth businesses. For complete financial analysis, view the full THC stock report on Zyberno.
Frequently Asked Questions
What is THC's current net income?
TENET HEALTHCARE CORP's TTM net income is $3.2B, growing at 36.63% annually — significantly above the 20% threshold Zyberno associates with high-growth businesses.
Is THC's net income growing?
TENET HEALTHCARE CORP (THC) has a net margin of 14.55%, which Zyberno classifies as good for a Healthcare company — above the 10% threshold Zyberno applies to healthcare businesses where R&D amortization, legal costs, and tax structures shape net margins. Net income grew at 36.63% annually — significantly above the 20% threshold Zyberno associates with high-growth businesses.
What is THC's net profit margin?
TENET HEALTHCARE CORP (THC) has a net margin of 14.55%, which Zyberno classifies as good for a Healthcare company — above the 10% threshold Zyberno applies to healthcare businesses where R&D amortization, legal costs, and tax structures shape net margins. Net income grew at 36.63% annually — significantly above the 20% threshold Zyberno associates with high-growth businesses.
What is THC's P/E ratio?
THC's P/E ratio is 10.3x, meaning the market values the company at 10.3 times its annual earnings.
How does net income differ from free cash flow?
Net income is an accounting measure that includes non-cash items like depreciation, while free cash flow shows actual cash generated. THC's net income is $3.2B versus free cash flow of $3.3B. Large differences often indicate significant capital expenditures or working capital changes.
📊 Full THC Stock Report →
See THC's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.
💵 THC Free Cash Flow →
Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.
💰 THC Owner Earnings →
Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.
📈 THC Earnings Per Share →
Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.
🎯 THC Earnings Surprise (SUE) →
See whether THC is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.
📊 THC Revenue →
Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.
💰 THC Net Income →
Analyze the bottom-line profit, P/E ratio, and net profit margin trends.
🔶 THC Operating Income →
Analyze EBIT, operating margin, and core business profitability before interest and taxes.
💜 THC Gross Profit →
Analyze gross margin, pricing power, and profitability before operating expenses.