Tenet Healthcare Corporation (THC) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.11x

Tenet Healthcare Corporation (THC) has a Cash Flow Reinvestment Rate of 0.11x as of March 2026, reinvesting $184.00 Million (capex $180.00 Million plus investments $-4.00 Million) from operating cash flow of $1.64 Billion. Check earnings quality score of Tenet Healthcare Corporation to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.11x
(Capex + Investments) / Operating CF

Total Reinvested

$184.00 Million
Capex + Investments

Operating Cash Flow

$1.64 Billion
USD

Capital Expenditures

$180.00 Million
USD

Tenet Healthcare Corporation Cash Flow Reinvestment Rate (1988–2025)

Historical reinvestment intensity for Tenet Healthcare Corporation across 35 annual periods. Explore how much of Tenet Healthcare Corporation's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Tenet Healthcare Corporation (1988–2025)

Year-by-year capital reinvestment analysis for Tenet Healthcare Corporation. For live market cap and broader valuation context, see Tenet Healthcare Corporation market cap and net worth.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.29x $1.01 Billion $3.54 Billion $1.01 Billion ▼ -86.6%
2024 2.13x $4.36 Billion $2.05 Billion $931.00 Million ▲ +198.7%
2023 0.71x $1.69 Billion $2.37 Billion $751.00 Million ▼ -50.8%
2022 1.45x $1.57 Billion $1.08 Billion $762.00 Million ▲ +65.7%
2021 0.88x $1.37 Billion $1.57 Billion $658.00 Million ▲ +410.5%
2020 0.17x $584.00 Million $3.41 Billion $540.00 Million ▼ -71.1%
2019 0.59x $732.00 Million $1.23 Billion $670.00 Million ▼ -16.3%
2018 0.71x $744.00 Million $1.05 Billion $617.00 Million ▲ +9.8%
2017 0.65x $775.00 Million $1.20 Billion $707.00 Million ▼ -60.6%
2016 1.64x $914.00 Million $558.00 Million $875.00 Million ▲ +72.2%
2015 0.95x $976.00 Million $1.03 Billion $842.00 Million ▼ -32.8%
2014 1.42x $973.00 Million $687.00 Million $933.00 Million ▲ +20.7%
2013 1.17x $691.00 Million $589.00 Million $691.00 Million ▲ +36.9%
2012 0.86x $508.00 Million $593.00 Million $508.00 Million ▼ -10.4%
2011 0.96x $475.00 Million $497.00 Million $475.00 Million ▼ -5.2%
2010 1.01x $476.00 Million $472.00 Million $476.00 Million ▼ -6.0%
2009 1.07x $456.00 Million $425.00 Million $456.00 Million ▼ -59.2%
2008 2.63x $547.00 Million $208.00 Million $547.00 Million ▲ +17.6%
2007 2.24x $729.00 Million $326.00 Million $729.00 Million ▲ +195.2%
2005 0.76x $578.00 Million $763.00 Million $578.00 Million ▼ -27.2%
2003 1.04x $872.00 Million $838.00 Million $872.00 Million ▲ +171.0%
2002 0.38x $889.00 Million $2.31 Billion $889.00 Million ▲ +10.8%
2001 0.35x $630.00 Million $1.82 Billion $630.00 Million ▼ -54.2%
2000 0.76x $657.00 Million $869.00 Million $657.00 Million ▼ -64.5%
1999 2.13x $1.24 Billion $582.00 Million $1.24 Billion ▼ -29.3%
1998 3.01x $1.21 Billion $403.00 Million $1.21 Billion ▲ +199.5%
1997 1.00x $406.00 Million $404.00 Million $406.00 Million ▼ -47.0%
1996 1.90x $370.00 Million $195.00 Million $370.00 Million ▲ +50.8%
1994 1.26x $185.00 Million $147.00 Million $185.00 Million ▲ +0.0%
1993 1.26x $185.00 Million $147.00 Million $185.00 Million ▲ +57.0%
1992 0.80x $319.00 Million $398.00 Million $319.00 Million ▲ +6.4%
1991 0.75x $421.00 Million $559.00 Million $421.00 Million ▲ +19.5%
1990 0.63x $378.00 Million $600.00 Million $378.00 Million ▼ -37.3%
1989 1.00x $450.00 Million $448.00 Million $450.00 Million ▼ -5.5%
1988 1.06x $388.00 Million $365.00 Million $388.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow