Tenet Healthcare Corporation (THC) — Capital Reinvestment Ratio
Tenet Healthcare Corporation (THC) has a Capital Reinvestment Ratio of 0.29x as of June 2026, meaning it reinvests 0% of its operating cash flow ($585.00 Million) in capital expenditures ($168.00 Million). Check Tenet Healthcare Corporation (THC) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Tenet Healthcare Corporation Capital Reinvestment Ratio (1988–2025)
This chart tracks Tenet Healthcare Corporation's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see Tenet Healthcare Corporation (THC) cash conversion ratio.
Annual Capital Reinvestment Ratio for Tenet Healthcare Corporation (1988–2025)
Year-by-year Capital Reinvestment Ratio for Tenet Healthcare Corporation from 1988 to 2025. See THC free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.29x | $3.54 Billion | $1.01 Billion | ▼ -37.3% |
| 2024 | 0.45x | $2.05 Billion | $931.00 Million | ▲ +43.8% |
| 2023 | 0.32x | $2.37 Billion | $751.00 Million | ▼ -55.0% |
| 2022 | 0.70x | $1.08 Billion | $762.00 Million | ▲ +67.7% |
| 2021 | 0.42x | $1.57 Billion | $658.00 Million | ▲ +164.8% |
| 2020 | 0.16x | $3.41 Billion | $540.00 Million | ▼ -70.8% |
| 2019 | 0.54x | $1.23 Billion | $670.00 Million | ▼ -7.6% |
| 2018 | 0.59x | $1.05 Billion | $617.00 Million | ▼ -0.2% |
| 2017 | 0.59x | $1.20 Billion | $707.00 Million | ▼ -62.4% |
| 2016 | 1.57x | $558.00 Million | $875.00 Million | ▲ +91.1% |
| 2015 | 0.82x | $1.03 Billion | $842.00 Million | ▼ -39.6% |
| 2014 | 1.36x | $687.00 Million | $933.00 Million | ▲ +15.8% |
| 2013 | 1.17x | $589.00 Million | $691.00 Million | ▲ +36.9% |
| 2012 | 0.86x | $593.00 Million | $508.00 Million | ▼ -10.4% |
| 2011 | 0.96x | $497.00 Million | $475.00 Million | ▼ -5.2% |
| 2010 | 1.01x | $472.00 Million | $476.00 Million | ▼ -6.0% |
| 2009 | 1.07x | $425.00 Million | $456.00 Million | ▼ -59.2% |
| 2008 | 2.63x | $208.00 Million | $547.00 Million | ▲ +17.6% |
| 2007 | 2.24x | $326.00 Million | $729.00 Million | ▲ +195.2% |
| 2005 | 0.76x | $763.00 Million | $578.00 Million | ▼ -27.2% |
| 2003 | 1.04x | $838.00 Million | $872.00 Million | ▲ +171.0% |
| 2002 | 0.38x | $2.31 Billion | $889.00 Million | ▲ +10.8% |
| 2001 | 0.35x | $1.82 Billion | $630.00 Million | ▼ -54.2% |
| 2000 | 0.76x | $869.00 Million | $657.00 Million | ▼ -64.5% |
| 1999 | 2.13x | $582.00 Million | $1.24 Billion | ▼ -29.3% |
| 1998 | 3.01x | $403.00 Million | $1.21 Billion | ▲ +199.5% |
| 1997 | 1.00x | $404.00 Million | $406.00 Million | ▼ -47.0% |
| 1996 | 1.90x | $195.00 Million | $370.00 Million | ▲ +50.8% |
| 1994 | 1.26x | $147.00 Million | $185.00 Million | ▲ +0.0% |
| 1993 | 1.26x | $147.00 Million | $185.00 Million | ▲ +57.0% |
| 1992 | 0.80x | $398.00 Million | $319.00 Million | ▲ +6.4% |
| 1991 | 0.75x | $559.00 Million | $421.00 Million | ▲ +19.5% |
| 1990 | 0.63x | $600.00 Million | $378.00 Million | ▼ -37.3% |
| 1989 | 1.00x | $448.00 Million | $450.00 Million | ▼ -5.5% |
| 1988 | 1.06x | $365.00 Million | $388.00 Million | — |