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Tenet Healthcare Corporation (THC)

265.05 +1.56 (+0.59%)
At close: September 4 at 4:00:02 PM EDT
264.00 -1.05 (-0.40%)
After hours: September 4 at 7:30:07 PM EDT
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Chart Range Bar
Loading chart for THC
  • Previous Close 263.49
  • Open 261.04
  • Bid 265.68 x 10000
  • Ask 266.03 x 30000
  • Day's Range 261.13 - 265.99
  • 52 Week Range 157.58 - 283.05
  • Volume 557,272
  • Avg. Volume 1,164,257
  • Market Cap (intraday) 21.342B
  • Beta (5Y Monthly) 1.23
  • PE Ratio (TTM) 10.25
  • EPS (TTM) 25.87
  • Earnings Date (est.) Oct 27, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date Mar 13, 2000
  • 1y Target Est 285.10

Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and/or coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; tertiary care services, such as cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; pediatric quaternary care services through heart, liver, and kidney transplants programs; and limb salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging technology, surgical robotic, and telemedicine access services. In addition, it offers a range of procedures and services comprising orthopedics, total joint replacement, and spinal and other musculoskeletal procedures; gastroenterology; pain management; otolaryngology; ophthalmology; and urology. Further, the company operates acute care and specialty hospitals, off-campus emergency departments, imaging centers, urgent care centers, and micro-hospitals, as well as ambulatory surgery centers and surgical hospitals. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.

www.tenethealth.com

77,000

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

THC
33.38%
S&P 500 (^GSPC)
12.75%

1-Year Return

THC
37.67%
S&P 500 (^GSPC)
18.71%

3-Year Return

THC
236.79%
S&P 500 (^GSPC)
70.93%

5-Year Return

THC
249.26%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 6.04B
Earnings 826M
Profit Margin 13.67%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
2B
4B
6B
8.0%
10.0%
12.0%

Analyst Insights

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Analyst Price Targets

260.00
285.10 Average
265.05 Current
315.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/3/2026
Analyst Wells Fargo
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 231 -> 281

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    10.27%

  • Return on Assets (ttm)

    8.32%

  • Return on Equity (ttm)

    37.34%

  • Revenue (ttm)

    21.81B

  • Net Income Avi to Common (ttm)

    2.24B

  • Diluted EPS (ttm)

    25.87

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.17B

  • Total Debt/Equity (mrq)

    152.28%

  • Levered Free Cash Flow (ttm)

    2.25B

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