Tenet Healthcare Reports Strong Q1 2025 Results

Tenet Healthcare Corp. ( (THC) ) has released its Q1 earnings. Here is a breakdown of the information Tenet Healthcare Corp. presented to its investors.

Tenet Healthcare Corporation is a diversified healthcare services company based in Dallas, operating a network of acute care and specialty hospitals, ambulatory surgery centers, and other outpatient facilities across the United States. It also provides revenue cycle management and value-based care services through its Conifer Health Solutions subsidiary.

In the first quarter of 2025, Tenet Healthcare reported strong financial results, with a net income of $406 million, or $4.27 per diluted share. The company achieved a 35.4% increase in adjusted diluted earnings per share compared to the same period in 2024, driven by robust same-store revenue growth and operational efficiency.

Key financial highlights include a 13.6% increase in consolidated adjusted EBITDA to $1.163 billion, and a 15.7% rise in ambulatory care adjusted EBITDA to $456 million. Despite a slight decline in net operating revenues due to hospital divestitures, the company saw significant growth in same-hospital admissions and ambulatory net revenue per case. Additionally, Tenet’s cash flows from operating activities increased to $815 million, with free cash flow reaching $642 million.

Looking ahead, Tenet Healthcare anticipates an adjusted EBITDA for the full year 2025 to be between $3.975 billion and $4.175 billion. The company remains focused on expanding access to high-quality specialty care and maintaining its commitment to delivering compassionate care in the communities it serves.