Company: THC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000070318-25-000039
Chunk: 2

Company: TENET HEALTHCARE CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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rolling interests234 218 450 401 Net income available to Tenet Healthcare Corporation common shareholders$288 $259 $694 $2,410 Earnings available to Tenet Healthcare Corporation common shareholders:  Basic earnings per share$3.16 $2.66 $7.49 $24.49 Diluted earnings per share$3.14 $2.64 $7.43 $24.22 Weighted average shares and dilutive securities outstanding (in thousands):  Basic91,135 97,267 92,688 98,424 Diluted91,791 98,444 93,408 99,557 

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 EndedJune 30,Six Months EndedJune 30,2025202420252024Net income$522 $477 $1,144 $2,811 Other comprehensive income:Amortization of net actuarial loss included in other non-operating income, net2 2 4 4 Unrealized gain on debt securities held as available-for-sale1 — 1 — Foreign currency translation adjustments and other(1)— (1)1 Other comprehensive income before income taxes2 2 4 5 Income tax expense related to items of other comprehensive income(1)— (1)(1)Total other comprehensive income, net of tax1 2 3 4 Comprehensive net income523 479 1,147 2,815 Less: Comprehensive income available to noncontrolling interests234 218 450 401 Comprehensive income available to Tenet Healthcare Corporation common shareholders$289 $261 $697 $2,414 

See accompanying Notes to Condensed Consolidated Financial Statements.

3

TENET HEALTHCARE CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

Dollars in Millions

(Unaudited)

Six Months EndedJune 30,20252024Net income$1,144 $2,811 Adjustments to reconcile net income to net cash provided by operating activities: