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NYSE · Medical Care Facilities · USD

Tenet Healthcare Corporation (THC) Stock Analysis

Tenet Healthcare Corporation (THC) is a Medical Care Facilities stock listed on NYSE and quoted in US Dollar.

THC

$265.05

+$1.56 (+0.59%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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THC Key Statistics

As of Sep 4, 2026
Trading
Open
$261.04
Previous Close
$263.49
Day's Range
261.01–266.00
52-Week Range
157.58–283.05
Volume
557.50K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.23
Valuation
Market Cap
$21.34B
P/E Ratio
10.18
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
12.57
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.84
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.98
EPS (ttm)Profit attributable to each share over the last twelve months.
26.03
Financials (FY)
Revenue (FY)
$21.31B+3.07%
Net Income (FY)
$1.41B−56.03%
Profit marginThe share of revenue left as profit after all costs and taxes.
10.27%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
80.52M
1-Year Return
+37.67%
Dividend and dates
Earnings Date
October 27, 2026estimated
Avg Volume
1.17M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

THC Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+33.38%
2025+57.43%
2024+67.04%
2023+54.89%
2022−40.27%
2021+104.58%
2020+5.00%
2019+121.88%
2018+13.06%
2017+2.16%
2016 (partial year)−45.68%

As of September 4, 2026.

THC Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$21.31B$1.41B6.6%
2024$20.68B$3.20B15.5%
2023$20.56B$611.00M3.0%
2022$19.17B$411.00M2.1%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$21.31B$17.53B$3.44B$1.41B6.6%
2024$20.68B$17.03B$2.92B$3.20B15.5%
2023$20.56B$16.97B$2.44B$611.00M3.0%
2022$19.17B$15.90B$2.41B$411.00M2.1%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

THC Valuation vs Medical Care Facilities Median

Median of 57 stocks
MetricTHCMedical Care Facilities medianvs median
P/E10.1819.8449% below
P/S ratio0.980.953% above
Profit margin10.27%3.06%7.2 pts above

Medians across 57 Medical Care Facilities stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Tenet Healthcare Corporation (THC) is capitalised at $21.34B on the latest close. It is classified in the Medical Care Facilities industry, within the Healthcare sector. The company reports 77,000 employees.

Over the past 52 weeks the price has ranged from $157.58 to $283.05. THC last closed at $265.05 on September 4, 2026. That is +$1.56 (+0.59%) against the previous close. The latest close sits 68.2% above that 52-week low.

Financial Health

In fiscal 2025, Tenet Healthcare Corporation reported revenue of $21.31B. Against the prior fiscal year total of $20.68B, that is a change of +3.07%. The same year closed with net income of $1.41B. That is −56.03% against the prior fiscal year. Profit margin runs at 10.27%. That is 7.2 percentage points above the Medical Care Facilities median of 3.06%. Earnings per share on a trailing basis come to 26.03.

Across the 4 fiscal years on file, revenue moves from $19.17B in 2022 to $21.31B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

THC trades at a trailing price-to-earnings ratio of 10.18. That is 48.69% below the Medical Care Facilities median of 19.84. On forward earnings the ratio is 12.57. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.84. Measured against sales, the shares trade at 0.98 times revenue. On price-to-sales that is 2.94% above the Medical Care Facilities median of 0.95. 57 Medical Care Facilities companies report these metrics, and the medians quoted come from that group.

The trailing one-year price return is +37.67%. Measured over 10 years, that is +27.04% a year compounded. Beta against the wider market is reported at 1.23. Daily returns over the trailing 10 years annualize to a volatility of 56.6%.

Growth & Income

The record shows no dividend for THC.

The strongest complete calendar year on file is 2019 at +121.88%; the weakest is 2022 at −40.27%. Of the 9 complete calendar years on file, 8 finished higher. So far in 2026 the price is +33.38%.

Peer Comparison

Tenet Healthcare Corporation (THC) operates in the Medical Care Facilities industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Tenet Healthcare Corporation THC $21.34B 10.2
HCA Healthcare, Inc. HCA $87.68B 13.6
Fresenius Medical Care AG FMS $12.06B 11.7
Encompass Health Corporation EHC $12.01B 20.4

The Medical Care Facilities industry average P/E ratio is 19.8x. Tenet Healthcare Corporation trades at a P/E of 10.2.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Tenet Healthcare Corporation

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.

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