Tenet Healthcare Corporation (THC) — Cash Flow Reinvestment Rate
Tenet Healthcare Corporation (THC) has a Cash Flow Reinvestment Rate of 0.32x as of June 2026, reinvesting $190.00 Million (capex $168.00 Million plus investments $-22.00 Million) from operating cash flow of $585.00 Million. See Tenet Healthcare Corporation free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Tenet Healthcare Corporation Cash Flow Reinvestment Rate (1988–2025)
Historical reinvestment intensity for Tenet Healthcare Corporation across 35 annual periods. For the full cash flow conversion analysis, see THC operating cash flow.
Annual Cash Flow Reinvestment Rate for Tenet Healthcare Corporation (1988–2025)
Year-by-year capital reinvestment analysis for Tenet Healthcare Corporation. See THC free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| 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 | — |