Company: THC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000070318-25-000039
Chunk: 84

Company: TENET HEALTHCARE CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 84
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— %3.0 %(0.1)%1.1 %Operating income10.3 %32.4 %11.7 %33.7 %

33

Three Months EndedJune 30, 2024(1)Six Months EndedJune 30, 2024(1)Hospital OperationsAmbulatory CareHospital OperationsAmbulatory CareNet operating revenues $3,967 $1,141 $8,340 $2,136 Equity in earnings of unconsolidated affiliates3 58 6 114 Operating expenses: Salaries, wages and benefits1,884 284 3,968 521 Supplies609 299 1,263 573 Other operating expenses, net979 169 1,987 315 Depreciation and amortization174 34 351 65 Impairment and restructuring charges, and acquisition-related costs15 14 30 26 Litigation and investigation costs5 — 9 — Net gains on sales, consolidation and deconsolidation of facilities— (58)(2,473)(85)Operating income$304 $457 $3,211 $835 Net operating revenues100.0 %100.0 %100.0 %100.0 %Equity in earnings of unconsolidated affiliates0.1 %5.1 %0.1 %5.3 %Operating expenses:Salaries, wages and benefits47.5 %24.9 %47.6 %24.4 %Supplies15.4 %26.2 %15.1 %26.8 %Other operating expenses, net24.7 %14.8 %23.9 %14.7 %Depreciation and amortization4.3 %3.0 %4.2 %3.0 %Impairment and restructuring charges, and acquisition-related costs0.4 %1.2 %0.4 %1.3 %Litigation and investigation costs0.1 %— %0.1 %— %Net gains on sales, consolidation and deconsolidation of facilities— %(5.1)%(29.7)%(4.0)%Operating income7.7 %40.1 %38.5 %39.1