CYH

MKT CAP:$374M

Community Health Systems, Inc.

Market Cap

$374M

Healthcare·Medical - Care Facilities·🇺🇸 United States·NYSE

Healthcare·Medical·🇺🇸·NYSE

Stock Price

$2.63-$0.47 (-15.00%)

Apr 24, 2026

Company Details

Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnost...

CEO

Kevin A. Stockton

IPO Date

Jun 9, 2000

Website

www.chs.net

Key Metrics TTM

Revenue

$12.6B

+1.5% YoY

Net Income

$329M

EPS (Diluted)

$2.42

Free Cash Flow

$208M

Revenue / Share

$93.66

Gross Margin

52.6%

Operating Margin

10.4%

Net Margin

2.6%

FCF Margin

1.6%

P/S

0.0x

P/E

1.1x

Earnings Reports

FY 2025

Oct 24, 2025

$9.4B-25.8%EPS $2.98

Q3 2025

Oct 24, 2025

$3.1B-0.1%EPS $0.96

Q2 2025

Jul 24, 2025

$3.1B-0.2%EPS $2.09

Q1 2025

Apr 24, 2025

$3.2B+0.6%EPS -$0.10

FY 2024

Feb 19, 2025

$12.6B+35.7%EPS -$3.89

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 21	$3.1B	$1.3B	$340M
Q4 21	$3.2B	$1.4B	$424M
Q1 22	$3.1B	$1.3B	$270M
Q2 22	$2.9B	$1.2B	$119M
Q3 22	$3.0B	$1.2B	$204M
Q4 22	$3.1B	$1.3B	$229M
Q1 23	$3.1B	$1.2B	$210M
Q2 23	$3.1B	$1.3B	$246M
Q3 23	$3.1B	$1.3B	$173M
Q1 24	$3.1B	$1.3B	$231M
Q2 24	$3.1B	$1.3B	$238M
Q3 24	$3.1B	$1.3B	-$205M
Q4 24	$3.3B	$1.4B	$278M
Q1 25	$3.2B	$1.3B	$284M
Q2 25	$3.1B	$1.3B	$512M
Q3 25	$3.1B	$2.6B	$243M

Valuation

Quarter	P/S	P/E
Q3 21	0.0x	1.0x
Q4 21	0.0x	1.6x
Q1 22	0.0x	1.3x
Q2 22	0.0x	—
Q3 22	0.0x	—
Q4 22	0.0x	8.1x
Q1 23	0.0x	—
Q2 23	0.0x	1.3x
Q3 23	0.0x	1.6x
Q1 24	0.0x	—
Q2 24	0.0x	—
Q3 24	0.0x	—
Q4 24	0.0x	—
Q1 25	0.0x	—
Q2 25	0.0x	—
Q3 25	0.0x	1.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	-$531M	-$666M
Q1 22	$101M	$4M
Q2 22	$53M	-$41M
Q3 22	$137M	$44M
Q4 22	$9M	-$122M
Q1 23	$5M	-$117M
Q2 23	$86M	-$19M
Q3 23	$29M	-$101M
Q1 24	$96M	$3M
Q2 24	$101M	$13M
Q3 24	$67M	-$3M
Q4 24	$216M	$107M
Q1 25	$120M	$35M
Q2 25	$88M	-$3M
Q3 25	$69M	$4M
Q4 25	$266M	$172M

Capital Expenditures

Quarter	CapEx
Q4 21	$135M
Q1 22	$97M
Q2 22	$94M
Q3 22	$93M
Q4 22	$131M
Q1 23	$122M
Q2 23	$105M
Q3 23	$130M
Q1 24	$93M
Q2 24	$88M
Q3 24	$70M
Q4 24	$109M
Q1 25	$85M
Q2 25	$91M
Q3 25	$65M
Q4 25	$94M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 21	-0.4%	-2.3%
Q4 21	+3.7%	+4.7%
Q1 22	+3.3%	+5.7%
Q2 22	-2.4%	+4.5%
Q3 22	-2.9%	+1.7%
Q4 22	-2.8%	+3.7%
Q1 23	-0.1%	+2.0%
Q2 23	+6.2%	+1.9%
Q3 23	+2.0%	+3.3%
Q1 24	-0.1%	-0.1%
Q2 24	+1.0%	+0.1%
Q3 24	-0.8%	+14.8%
Q4 24	+5.8%	+2.5%
Q1 25	+0.6%	-1.2%
Q2 25	-0.2%	-9.7%
Q3 25	-0.1%	-13.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	—

OpEx Breakdown

Quarter	R&D	SG&A
Q3 21	—	$75M
Q4 21	—	$77M
Q1 22	—	$77M
Q2 22	—	$78M
Q3 22	—	$80M
Q4 22	$85M	$81M
Q1 23	—	$81M
Q2 23	—	$80M
Q3 23	—	$79M
Q1 24	—	$77M
Q2 24	—	$73M
Q3 24	—	$73M
Q4 24	—	$75M
Q1 25	—	$68M
Q2 25	—	$74M
Q3 25	—	$1.4B

Revenue Segments

Quarter	Managed Care And Other Third Party Payors	Medicaid	Medicare	Self Pay Revenue
Q3 21	$2.0B	$412M	$653M	$40M
Q4 21	$2.1B	$448M	$662M	$31M
Q1 22	$1.9B	$467M	$668M	$43M
Q2 22	$1.9B	$445M	$616M	$11M
Q3 22	$1.9B	$449M	$644M	$7M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$346M	$0	$346M
Q3 22	$300M	$0	$300M
Q4 22	$118M	$0	$118M
Q1 23	$144M	$0	$144M
Q2 23	$118M	$0	$118M
Q3 23	$91M	$0	$91M
Q4 23	$38M	$0	$38M
Q1 24	$48M	$0	$48M
Q2 24	$39M	$0	$39M
Q3 24	$33M	$0	$33M
Q4 24	$37M	$0	$37M
Q1 25	$431M	$0	$431M
Q2 25	$456M	$0	$456M
Q3 25	$123M	$0	$123M
Q4 25	$260M	$0	$260M
Q1 26	$712M	$0	$712M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 21	131M	+0.1%	+13.2%
Q4 21	133M	+1.6%	+9.9%
Q1 22	128M	-3.8%	+1.8%
Q2 22	129M	+0.9%	-1.3%
Q3 22	129M	+0.0%	-1.3%
Q4 22	130M	+0.7%	-2.3%
Q1 23	130M	-0.2%	+1.3%
Q2 23	131M	+0.7%	+1.2%
Q3 23	131M	+0.0%	+1.2%
Q1 24	131M	+0.4%	+1.0%
Q2 24	132M	+0.8%	+2.0%
Q3 24	132M	+0.0%	+1.3%
Q4 24	132M	-0.3%	+1.0%
Q1 25	133M	+0.7%	+1.2%
Q2 25	135M	+1.6%	+2.0%
Q3 25	135M	0.0%	+2.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 21	$44.5K	70K
Q4 21	$49.0K	66K
Q1 22	$47.1K	66K
Q2 22	$44.5K	66K
Q3 22	$45.8K	66K
Q4 22	$47.6K	66K
Q1 23	$47.1K	66K
Q2 23	$47.2K	66K
Q3 23	$46.8K	66K
Q1 24	$51.5K	61K
Q2 24	$51.5K	61K
Q3 24	$50.7K	61K
Q4 24	$54.4K	60K
Q1 25	$52.6K	60K
Q2 25	$52.2K	60K
Q3 25	$51.5K	60K

Revenue / Employee