Company: THC
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000070318-25-000046
Chunk: 40

Company: TENET HEALTHCARE CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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 to noncontrolling interests237 209 687 610 Net income available to Tenet Healthcare Corporation common shareholders$342 $472 $1,036 $2,882 Earnings available to Tenet Healthcare Corporation common shareholders:  Basic earnings per share$3.89 $4.93 $11.37 $29.56 Diluted earnings per share$3.86 $4.89 $11.28 $29.27 Weighted average shares and dilutive securities outstanding (in thousands):  Basic87,951 95,665 91,109 97,505 Diluted88,610 96,652 91,805 98,518 

See accompanying Notes to Condensed Consolidated Financial Statements.

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Table of Contents

TENET HEALTHCARE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME

Dollars in Millions

(Unaudited)

Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024Net income$579 $681 $1,723 $3,492 Other comprehensive income:Amortization of net actuarial loss included in other non-operating income, net2 2 6 6 Unrealized gain on debt securities held as available-for-sale— 2 1 2 Foreign currency translation adjustments and other1 (1)— — Other comprehensive income before income taxes3 3 7 8 Income tax expense related to items of other comprehensive income— (1)(1)(2)Total other comprehensive income, net of tax3 2 6 6 Comprehensive net income582 683 1,729 3,498 Less: Comprehensive income available to noncontrolling interests237 209 687 610 Comprehensive income available to Tenet Healthcare Corporation common shareholders$345 $474 $1,042 $2,888 

See accompanying Notes to Condensed Consolidated Financial Statements.

3

TENET HEALTHCARE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

Dollars in Millions

(Unaudited)

Nine Months EndedSeptember 30,20252024Net income$1,723 $3,492 Adjustments to reconcile net income to net