NYSE : CYH
Community Health Systems, Inc. — Financial statements
Healthcare · Medical Care Facilities · United States
Last price 2.41 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 326.60M
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Financial statements
Community Health Systems, Inc. (CYH) reported revenue of 11.65B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 11.65B | 12.48B | 12.63B | 12.49B | 12.21B | 12.37B |
| Cost of Revenue | 6.82B | 7.28B | 7.36B | 7.41B | 7.30B | 7.28B |
| Gross Profit | 4.83B | 5.21B | 5.27B | 5.08B | 4.91B | 5.08B |
| Selling, General & Admin | 263.00M | 277.00M | 299.00M | 319.00M | 317.00M | 308.00M |
| Other Operating Expenses | 3.28B | 3.42B | 3.64B | 3.39B | 3.34B | 2.96B |
| Operating Expenses | 3.98B | 4.13B | 4.43B | 4.21B | 4.19B | 3.81B |
| Operating Income | 853.00M | 1.08B | 843.00M | 870.00M | 719.00M | 1.28B |
| Interest Expense | -843.00M | -872.00M | -863.00M | -832.00M | -860.00M | -888.00M |
| Interest & Investment Income | 2.00M | 2.00M | 3.00M | 2.00M | 2.00M | 3.00M |
| Earnings From Equity Investments | 8.00M | 9.00M | 10.00M | 8.00M | 14.00M | 22.00M |
| EBT Excluding Unusual Items | 20.00M | 221.00M | -7.00M | 48.00M | -125.00M | 415.00M |
| Gain (Loss) on Sale of Investments | 39.00M | |||||
| Gain (Loss) on Sale of Assets | 499.00M | 387.00M | 4.00M | |||
| Asset Writedown | -178.00M | -72.00M | -305.00M | 87.00M | -71.00M | -24.00M |
| Other Unusual Items | 71.00M | 188.00M | 25.00M | 72.00M | 545.00M | 69.00M |
| Pretax Income | 412.00M | 724.00M | -283.00M | 207.00M | 349.00M | 499.00M |
| Income Tax Expense | 224.00M | 48.00M | 79.00M | 191.00M | 170.00M | 131.00M |
| Earnings From Continuing Operations | 188.00M | 676.00M | -362.00M | 16.00M | 179.00M | 368.00M |
| Net Income to Company | 188.00M | 676.00M | -362.00M | 16.00M | 179.00M | 368.00M |
| Minority Interest in Earnings | -152.00M | -167.00M | -154.00M | -149.00M | -133.00M | -138.00M |
| Net Income | 36.00M | 509.00M | -516.00M | -133.00M | 46.00M | 230.00M |
| Net Income to Common | 36.00M | 509.00M | -516.00M | -133.00M | 46.00M | 230.00M |
| Shares Outstanding (Basic) | 134.82M | 133.56M | 132.10M | 130.45M | 128.81M | 126.75M |
| Shares Outstanding (Diluted) | 135.49M | 135.01M | 132.10M | 130.45M | 130.06M | 130.60M |
| EPS (Basic) | 0.27 | 3.81 | -3.91 | -1.02 | 0.36 | 1.81 |
| EPS (Diluted) | 0.26 | 3.77 | -3.91 | -1.02 | 0.35 | 1.76 |
| Free Cash Flow | -122.00M | 208.00M | 120.00M | -257.00M | -115.00M | -600.00M |
| Free Cash Flow Per Share | -0.90 | 1.54 | 0.91 | -1.97 | -0.88 | -4.59 |
| Gross Margin | 41.46% | 41.72% | 41.71% | 40.69% | 40.18% | 41.11% |
| Operating Margin | 7.32% | 8.67% | 6.67% | 6.97% | 5.89% | 10.33% |
| Profit Margin | 0.31% | 4.08% | -4.08% | -1.06% | 0.38% | 1.86% |
| Free Cash Flow Margin | -1.05% | 1.67% | 0.95% | -2.06% | -0.94% | -4.85% |
| EBITDA | 1.23B | 1.45B | 1.25B | 1.29B | 1.17B | 1.71B |
| EBITDA Margin | 10.54% | 11.58% | 9.89% | 10.37% | 9.56% | 13.83% |
| D&A For EBITDA | 375.00M | 364.00M | 406.00M | 425.00M | 449.00M | 432.00M |
| EBIT | 853.00M | 1.08B | 843.00M | 870.00M | 719.00M | 1.28B |
| EBIT Margin | 7.32% | 8.67% | 6.67% | 6.97% | 5.89% | 10.33% |
| Effective Tax Rate | 54.37% | 6.63% | 92.27% | 48.71% | 26.25% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 155.00M | 260.00M | 37.00M | 38.00M | 118.00M | 507.00M |
| Cash & Short-Term Investments | 155.00M | 260.00M | 37.00M | 38.00M | 118.00M | 507.00M |
| Receivables | 2.21B | 2.23B | 2.45B | 2.36B | 2.14B | 2.18B |
| Inventory | 268.00M | 322.00M | 331.00M | 328.00M | 353.00M | 355.00M |
| Prepaid Expenses | 185.00M | 181.00M | 236.00M | 260.00M | 237.00M | 192.00M |
| Other Current Assets | 182.00M | 240.00M | 250.00M | 221.00M | 237.00M | 249.00M |
| Total Current Assets | 3.00B | 3.23B | 3.30B | 3.21B | 3.08B | 3.48B |
| Property, Plant & Equipment | 4.82B | 5.12B | 5.40B | 5.87B | 6.10B | 6.22B |
| Long-Term Investments | 138.00M | 152.00M | 170.00M | 155.00M | 129.00M | |
| Goodwill | 3.23B | 3.32B | 3.79B | 3.96B | 4.17B | 4.22B |
| Other Intangible Assets | 144.00M | 172.00M | 205.00M | 220.00M | 269.00M | |
| Long-Term Deferred Tax Assets | 36.00M | 50.00M | 13.00M | 29.00M | 49.00M | 53.00M |
| Other Long-Term Assets | 1.02B | 1.20B | 1.23B | 1.01B | 894.00M | 847.00M |
| Total Assets | 12.11B | 13.20B | 14.05B | 14.46B | 14.67B | 15.22B |
| Accounts Payable | 831.00M | 842.00M | 913.00M | 912.00M | 773.00M | 830.00M |
| Accrued Expenses | 908.00M | 941.00M | 1.01B | 862.00M | 973.00M | 1.06B |
| Current Portion of Long-Term Debt | 14.00M | 14.00M | 18.00M | 19.00M | 18.00M | 23.00M |
| Current Portion of Leases | 104.00M | 112.00M | 117.00M | 126.00M | 151.00M | 155.00M |
| Other Current Liabilities | 109.00M | 299.00M | 286.00M | 223.00M | 271.00M | 300.00M |
| Total Current Liabilities | 2.02B | 2.21B | 2.35B | 2.14B | 2.19B | 2.36B |
| Long-Term Debt | 9.38B | 10.18B | 11.24B | 11.25B | 11.39B | 11.88B |
| Long-Term Leases | 710.00M | 738.00M | 728.00M | 777.00M | 825.00M | 768.00M |
| Pension & Post-Retirement Benefits | 51.00M | 43.00M | 42.00M | 93.00M | 100.00M | |
| Long-Term Deferred Tax Liabilities | 25.00M | 25.00M | 231.00M | 369.00M | 354.00M | 192.00M |
| Other Long-Term Liabilities | 908.00M | 840.00M | 785.00M | 697.00M | 551.00M | 727.00M |
| Total Liabilities | 13.04B | 14.04B | 15.37B | 15.28B | 15.40B | 16.03B |
| Common Stock | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M |
| Additional Paid-In Capital | 2.17B | 2.19B | 2.17B | 2.19B | 2.08B | 2.12B |
| Retained Earnings | -3.64B | -3.57B | -4.08B | -3.56B | -3.43B | -3.48B |
| Comprehensive Income & Other | -18.00M | -9.00M | -10.00M | -14.00M | -21.00M | -14.00M |
| Total Common Equity | -1.49B | -1.39B | -1.91B | -1.39B | -1.37B | -1.37B |
| Minority Interest | 555.00M | 557.00M | 597.00M | 568.00M | 633.00M | 562.00M |
| Shareholders' Equity | -937.00M | -837.00M | -1.32B | -824.00M | -734.00M | -810.00M |
| Total Liabilities & Equity | 12.11B | 13.20B | 14.05B | 14.46B | 14.67B | 15.22B |
| Total Debt | 10.21B | 11.04B | 12.10B | 12.17B | 12.39B | 12.82B |
| Net Cash (Debt) | -10.05B | -10.78B | -12.06B | -12.14B | -12.27B | -12.31B |
| Net Cash Per Share | -74.20 | -79.87 | -91.33 | -93.03 | -94.34 | -94.30 |
| Filing Date Shares Outstanding | 135.59M | 133.87M | 132.41M | 130.68M | 129.15M | 127.12M |
| Total Common Shares Outstanding | 135.56M | 133.87M | 132.41M | 130.72M | 129.15M | 127.15M |
| Working Capital | 978.00M | 1.03B | 956.00M | 1.07B | 896.00M | 1.11B |
| Book Value Per Share | -11.01 | -10.41 | -14.46 | -10.65 | -10.58 | -10.79 |
| Tangible Book Value | -4.72B | -4.85B | -5.88B | -5.55B | -5.75B | -5.86B |
| Tangible Book Value Per Share | -34.86 | -36.26 | -44.37 | -42.50 | -44.55 | -46.09 |
| Land | 399.00M | 427.00M | 474.00M | 497.00M | 526.00M | |
| Buildings | 5.22B | 5.42B | 5.71B | 5.78B | 5.76B | |
| Machinery | 3.06B | 3.07B | 3.08B | 3.09B | 3.16B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 36.00M | 509.00M | -516.00M | -133.00M | 46.00M | 230.00M |
| Depreciation & Amortization | 375.00M | 364.00M | 406.00M | 425.00M | 449.00M | 432.00M |
| Other Amortization | 62.00M | 62.00M | 80.00M | 80.00M | 85.00M | 108.00M |
| Loss (Gain) From Sale of Assets | -499.00M | -387.00M | -4.00M | |||
| Asset Writedown & Restructuring Costs | 87.00M | -19.00M | 305.00M | -87.00M | 71.00M | 24.00M |
| Loss (Gain) From Sale of Investments | -39.00M | |||||
| Stock-Based Compensation | 11.00M | 11.00M | 17.00M | 22.00M | 20.00M | 25.00M |
| Other Operating Activities | 361.00M | 201.00M | 293.00M | 108.00M | 465.00M | |
| Change in Accounts Receivable | -89.00M | 99.00M | -66.00M | -193.00M | 22.00M | -136.00M |
| Change in Inventory | 79.00M | 44.00M | -75.00M | -82.00M | -128.00M | 1.00M |
| Change in Accounts Payable | -110.00M | -36.00M | 137.00M | -50.00M | -158.00M | 16.00M |
| Change in Other Net Operating Assets | -102.00M | -104.00M | -5.00M | -65.00M | -215.00M | -1.26B |
| Operating Cash Flow | 211.00M | 543.00M | 480.00M | 210.00M | 300.00M | -131.00M |
| Capital Expenditures | -333.00M | -335.00M | -360.00M | -467.00M | -415.00M | -469.00M |
| Sale of Property, Plant & Equipment | 8.00M | 5.00M | 28.00M | 38.00M | 10.00M | |
| Cash Acquisitions | -54.00M | -1.00M | -25.00M | -38.00M | -9.00M | -3.00M |
| Divestitures | 1.45B | 1.25B | 174.00M | 432.00M | 89.00M | 17.00M |
| Sale (Purchase) of Intangibles | -113.00M | |||||
| Investment in Securities | -29.00M | -79.00M | -69.00M | 19.00M | -83.00M | 34.00M |
| Other Investing Activities | 121.00M | |||||
| Investing Cash Flow | 1.04B | 847.00M | -275.00M | -26.00M | -259.00M | -524.00M |
| Long-Term Debt Issued | 5.53B | 5.02B | 4.20B | 2.12B | 4.37B | |
| Long-Term Debt Repaid | -6.52B | -5.06B | -4.32B | -2.36B | -4.43B | |
| Net Debt Issued (Repaid) | -1.02B | -984.00M | -39.00M | -120.00M | -231.00M | -56.00M |
| Repurchase of Common Stock | -2.00M | -2.00M | -1.00M | -4.00M | -8.00M | -5.00M |
| Other Financing Activities | -188.00M | -181.00M | -166.00M | -140.00M | -191.00M | -453.00M |
| Financing Cash Flow | -1.22B | -1.17B | -206.00M | -264.00M | -430.00M | -514.00M |
| Net Cash Flow | 32.00M | 223.00M | -1.00M | -80.00M | -389.00M | -1.17B |
| Free Cash Flow | -122.00M | 208.00M | 120.00M | -257.00M | -115.00M | -600.00M |
| Free Cash Flow Margin | -1.05% | 1.67% | 0.95% | -2.06% | -0.94% | -4.85% |
| Free Cash Flow Per Share | -0.90 | 1.54 | 0.91 | -1.97 | -0.88 | -4.59 |
| Levered Free Cash Flow | 203.25M | 395.25M | 249.50M | -142.25M | -110.12M | -275.25M |
| Unlevered Free Cash Flow | 730.12M | 940.25M | 788.88M | 377.75M | 427.38M | 279.75M |
| Cash Interest Paid | 832.00M | 804.00M | 741.00M | 801.00M | 835.00M | 778.00M |
| Cash Income Tax Paid | 133.00M | 249.00M | 171.00M | 91.00M | 6.00M | 4.00M |
| Change in Working Capital | -222.00M | 3.00M | -9.00M | -390.00M | -479.00M | -1.38B |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 297.61M | 412.43M | 395.86M | 409.18M | 557.96M | 1.69B |
| Enterprise Value | 10.35B | 12.08B | 13.04B | 13.41B | 13.54B | 13.67B |
| Last Close Price | 2.40 | 3.12 | 2.99 | 3.13 | 4.32 | 13.31 |
| PE Ratio | 8.46 | 0.81 | 12.13 | 7.36 | ||
| Forward PE | 47.50 | 72.08 | 165.87 | 28.86 | 9.71 | |
| PS Ratio | 0.03 | 0.03 | 0.03 | 0.03 | 0.05 | 0.14 |
| PB Ratio | -0.49 | -0.30 | -0.50 | -0.76 | -2.09 | |
| P/FCF Ratio | 1.98 | 3.30 | ||||
| P/OCF Ratio | 1.41 | 0.76 | 0.82 | 1.95 | 1.86 | |
| PEG Ratio | 55.29 | 55.29 | 55.29 | 9.62 | 4.90 | |
| EV/Sales Ratio | 0.89 | 0.97 | 1.03 | 1.07 | 1.11 | 1.10 |
| EV/EBITDA Ratio | 8.43 | 8.36 | 10.44 | 10.36 | 11.60 | 7.99 |
| EV/EBIT Ratio | 12.14 | 11.17 | 15.47 | 15.41 | 18.84 | 10.69 |
| EV/FCF Ratio | 58.09 | 108.70 | ||||
| Debt / Equity Ratio | -10.89 | -13.19 | -9.19 | -14.77 | -16.88 | -15.83 |
| Debt / EBITDA Ratio | 6.85 | 6.41 | 7.82 | 7.54 | 8.34 | 6.35 |
| Debt / FCF Ratio | 53.09 | 100.85 | ||||
| Net Debt / Equity Ratio | -10.73 | -12.88 | -9.16 | -14.73 | -16.72 | -15.20 |
| Net Debt / EBITDA Ratio | 8.19 | 7.46 | 9.66 | 9.37 | 10.51 | 7.20 |
| Net Debt / FCF Ratio | -82.41 | 51.84 | 100.54 | -47.22 | -106.70 | -20.52 |
| Asset Turnover | 0.92 | 0.92 | 0.89 | 0.86 | 0.82 | 0.79 |
| Inventory Turnover | 23.01 | 22.29 | 22.35 | 21.76 | 20.64 | 21.11 |
| Quick Ratio | 1.17 | 1.13 | 1.06 | 1.12 | 1.03 | 1.14 |
| Current Ratio | 1.48 | 1.47 | 1.41 | 1.50 | 1.41 | 1.47 |
| Return on Assets (ROA) | 4.21% | 4.96% | 3.70% | 3.73% | 3.01% | 5.12% |
| Return on Invested Capital (ROIC) | 3.84% | 8.90% | 7.02% | 0.54% | 2.91% | 7.24% |
| Return on Capital Employed (ROCE) | 8.50% | 9.80% | 7.20% | 7.10% | 5.80% | 9.90% |
| Earnings Yield | 11.82% | 123.42% | -130.35% | -32.50% | 8.24% | 13.59% |
| FCF Yield | -40.99% | 50.43% | 30.31% | -62.81% | -20.61% | -35.45% |
| Buyback Yield / Dilution | -1.12% | -2.20% | -1.27% | -0.30% | 0.41% | -12.06% |