Tenet Healthcare Corporation (THC) — Free Cash Flow Generation Index
Tenet Healthcare Corporation (THC) has a Free Cash Flow Generation Index of 0.89x as of March 2026. Free cash flow of $1.46 Billion represents 1% of operating cash flow ($1.64 Billion). See working capital to net assets of Tenet Healthcare Corporation to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Tenet Healthcare Corporation Free Cash Flow Generation Index (1988–2025)
Historical FCF Generation Index trend for Tenet Healthcare Corporation across 35 annual periods. Explore cash flow to debt ratio of Tenet Healthcare Corporation to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Tenet Healthcare Corporation (1988–2025)
Year-by-year Free Cash Flow Generation Index for Tenet Healthcare Corporation. For the full company profile including market capitalisation, see Tenet Healthcare Corporation (THC) market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.71x | $2.53 Billion | $3.54 Billion | $1.01 Billion | ▲ +31.1% |
| 2024 | 0.55x | $1.12 Billion | $2.05 Billion | $931.00 Million | ▼ -20.3% |
| 2023 | 0.68x | $1.62 Billion | $2.37 Billion | $751.00 Million | ▲ +130.7% |
| 2022 | 0.30x | $321.00 Million | $1.08 Billion | $762.00 Million | ▼ -48.9% |
| 2021 | 0.58x | $910.00 Million | $1.57 Billion | $658.00 Million | ▼ -31.0% |
| 2020 | 0.84x | $2.87 Billion | $3.41 Billion | $540.00 Million | ▲ +84.3% |
| 2019 | 0.46x | $563.00 Million | $1.23 Billion | $670.00 Million | ▲ +10.9% |
| 2018 | 0.41x | $432.00 Million | $1.05 Billion | $617.00 Million | ▲ +0.2% |
| 2017 | 0.41x | $493.00 Million | $1.20 Billion | $707.00 Million | ▲ +172.3% |
| 2016 | -0.57x | $-317.00 Million | $558.00 Million | $875.00 Million | ▼ -416.8% |
| 2015 | 0.18x | $184.00 Million | $1.03 Billion | $842.00 Million | ▲ +150.1% |
| 2014 | -0.36x | $-246.00 Million | $687.00 Million | $933.00 Million | ▼ -106.8% |
| 2013 | -0.17x | $-102.00 Million | $589.00 Million | $691.00 Million | ▼ -220.8% |
| 2012 | 0.14x | $85.00 Million | $593.00 Million | $508.00 Million | ▲ +223.8% |
| 2011 | 0.04x | $22.00 Million | $497.00 Million | $475.00 Million | ▲ +622.3% |
| 2010 | -0.01x | $-4.00 Million | $472.00 Million | $476.00 Million | ▲ +88.4% |
| 2009 | -0.07x | $-31.00 Million | $425.00 Million | $456.00 Million | ▲ +95.5% |
| 2008 | -1.63x | $-339.00 Million | $208.00 Million | $547.00 Million | ▼ -31.8% |
| 2007 | -1.24x | $-403.00 Million | $326.00 Million | $729.00 Million | ▼ -609.8% |
| 2005 | 0.24x | $185.00 Million | $763.00 Million | $578.00 Million | ▲ +697.6% |
| 2003 | -0.04x | $-34.00 Million | $838.00 Million | $872.00 Million | ▼ -106.6% |
| 2002 | 0.62x | $1.43 Billion | $2.31 Billion | $889.00 Million | ▼ -5.7% |
| 2001 | 0.65x | $1.19 Billion | $1.82 Billion | $630.00 Million | ▲ +167.9% |
| 2000 | 0.24x | $212.00 Million | $869.00 Million | $657.00 Million | ▲ +121.6% |
| 1999 | -1.13x | $-656.00 Million | $582.00 Million | $1.24 Billion | ▲ +43.9% |
| 1998 | -2.01x | $-810.00 Million | $403.00 Million | $1.21 Billion | ▼ -40500.5% |
| 1997 | 0.00x | $-2.00 Million | $404.00 Million | $406.00 Million | ▲ +99.4% |
| 1996 | -0.90x | $-175.00 Million | $195.00 Million | $370.00 Million | ▼ -247.2% |
| 1994 | -0.26x | $-38.00 Million | $147.00 Million | $185.00 Million | ▲ +0.0% |
| 1993 | -0.26x | $-38.00 Million | $147.00 Million | $185.00 Million | ▼ -230.2% |
| 1992 | 0.20x | $79.00 Million | $398.00 Million | $319.00 Million | ▼ -19.6% |
| 1991 | 0.25x | $138.00 Million | $559.00 Million | $421.00 Million | ▼ -33.3% |
| 1990 | 0.37x | $222.00 Million | $600.00 Million | $378.00 Million | ▲ +8388.0% |
| 1989 | 0.00x | $-2.00 Million | $448.00 Million | $450.00 Million | ▲ +92.9% |
| 1988 | -0.06x | $-23.00 Million | $365.00 Million | $388.00 Million | — |