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). Read Tenet Healthcare Corporation total liabilities for a breakdown of total debt and financial obligations.
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 THC capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
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 market value of Tenet Healthcare Corporation.
| 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 | — |