Earnings ·
Reports Q3 net income of $1.0B, or $12.41 per diluted share, and raises full-year adjusted EBITDA outlook
THCTenet Healthcare Corp
Tenet Healthcare reported third-quarter 2026 net income available to common shareholders of $1.0 billion, or $12.41 per diluted share, compared to $342 million, or $3.86 per diluted share, in the prior-year period. Adjusted diluted earnings per share rose 79.5% to $6.64 from $3.70, while consolidated adjusted EBITDA increased 23.3% to $1.355 billion. The company raised its full-year 2026 adjusted EBITDA outlook to a range of $5.05 billion to $5.20 billion and adjusted free cash flow to $2.825 billion to $3.125 billion. Results included a $147 million favorable impact from the early transition of revenue cycle management services under agreements with CommonSpirit Health. Tenet Healthcare operates a diversified healthcare network including acute care hospitals, ambulatory surgery centers, and physician practices.