Company: THC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000070318-25-000039
Chunk: 45

Company: TENET HEALTHCARE CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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836 Other operating expenses, net1,119 1,148 2,209 2,302 Depreciation and amortization208 208 414 416 Impairment and restructuring charges, and acquisition-related costs24 29 43 56 Litigation and investigation costs28 5 45 9 Net losses (gains) on sales, consolidation and deconsolidation of facilities38 (58)16 (2,558)Operating income$823 $761 $1,766 $4,046 Net operating revenues100.0 %100.0 %100.0 %100.0 %Equity in earnings of unconsolidated affiliates1.2 %1.2 %1.1 %1.1 %Operating expenses:Salaries, wages and benefits41.0 %42.4 %40.8 %42.9 %Supplies17.7 %17.8 %17.5 %17.5 %Other operating expenses, net21.3 %22.4 %21.1 %21.9 %Depreciation and amortization3.9 %4.1 %3.9 %4.0 %Impairment and restructuring charges, and acquisition-related costs0.5 %0.6 %0.4 %0.5 %Litigation and investigation costs0.5 %0.1 %0.4 %0.1 %Net losses (gains) on sales, consolidation and deconsolidation of facilities0.7 %(1.1)%0.2 %(24.4)%Operating income15.6 %14.9 %16.8 %38.6 %

(1)Grant income is no longer significant enough to be presented separately and is now included in net operating revenues for the respective segment. Prior year ratios have been adjusted to reflect the resulting change in net operating revenues.

32

The following tables present our net operating revenues, operating expenses and operating income, both in dollar amounts and as percentages of net operating revenues, by segment on a continuing operations basis:

Three Months EndedJune 30, 2025Six Months EndedJune 30, 2025Hospital OperationsAmbulatory CareHospital OperationsAmbulatory CareNet operating revenues $4,001 $1,270 $8,030