Tenet Healthcare Corporation (THC) — Cash Flow Quality Index
Tenet Healthcare Corporation (THC) has a Cash Flow Quality Index of 0.71x as of June 2026. Operating cash flow of $585.00 Million is below net income of $826.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Tenet Healthcare Corporation debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Tenet Healthcare Corporation Cash Flow Quality Index (1988–2025)
Historical Cash Flow Quality Index for Tenet Healthcare Corporation across 28 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see THC cash flow metrics.
Annual Cash Flow Quality Index for Tenet Healthcare Corporation (1988–2025)
Year-by-year earnings quality comparison for Tenet Healthcare Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.52x | $3.54 Billion | $1.41 Billion | ▲ +399.5% |
| 2024 | 0.50x | $2.05 Billion | $4.06 Billion | ▼ -72.2% |
| 2023 | 1.81x | $2.37 Billion | $1.31 Billion | ▲ +67.4% |
| 2022 | 1.08x | $1.08 Billion | $1.00 Billion | ▲ +1.8% |
| 2021 | 1.06x | $1.57 Billion | $1.48 Billion | ▼ -76.1% |
| 2020 | 4.44x | $3.41 Billion | $768.00 Million | ▼ -38.5% |
| 2019 | 7.21x | $1.23 Billion | $171.00 Million | ▲ +215.5% |
| 2018 | 2.29x | $1.05 Billion | $459.00 Million | ▼ -27.9% |
| 2016 | 3.17x | $558.00 Million | $176.00 Million | ▼ -75.9% |
| 2015 | 13.15x | $1.03 Billion | $78.00 Million | ▲ +45.5% |
| 2014 | 9.04x | $687.00 Million | $76.00 Million | ▲ +102.7% |
| 2012 | 4.46x | $593.00 Million | $133.00 Million | ▼ -15.7% |
| 2011 | 5.29x | $497.00 Million | $94.00 Million | ▲ +1190.4% |
| 2010 | 0.41x | $472.00 Million | $1.15 Billion | ▼ -81.0% |
| 2009 | 2.16x | $425.00 Million | $197.00 Million | ▼ -66.8% |
| 2008 | 6.50x | $208.00 Million | $32.00 Million | ▲ +120.4% |
| 2002 | 2.95x | $2.31 Billion | $785.00 Million | ▲ +4.3% |
| 2001 | 2.83x | $1.82 Billion | $643.00 Million | ▲ +109.2% |
| 2000 | 1.35x | $869.00 Million | $643.00 Million | ▼ -25.5% |
| 1999 | 1.81x | $582.00 Million | $321.00 Million | ▲ +12.0% |
| 1998 | 1.62x | $403.00 Million | $249.00 Million | ▲ +51.4% |
| 1997 | 1.07x | $404.00 Million | $378.00 Million | ▲ +7321.9% |
| 1995 | -0.01x | $-7.00 Million | $473.00 Million | ▼ -102.0% |
| 1994 | 0.72x | $147.00 Million | $203.00 Million | ▼ -79.3% |
| 1991 | 3.49x | $559.00 Million | $160.00 Million | ▼ -22.6% |
| 1990 | 4.51x | $600.00 Million | $133.00 Million | ▲ +178.9% |
| 1989 | 1.62x | $448.00 Million | $277.00 Million | ▲ +7.2% |
| 1988 | 1.51x | $365.00 Million | $242.00 Million | — |