Tenet Healthcare Statistics
Total Valuation
THC has a market cap or net worth of $13.02 billion. The enterprise value is $23.42 billion.
| Market Cap | 13.02B |
| Enterprise Value | 23.42B |
Important Dates
The next confirmed earnings date is Wednesday, July 24, 2024, before market open.
| Earnings Date | Jul 24, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
THC has 97.68 million shares outstanding. The number of shares has decreased by -5.10% in one year.
| Shares Outstanding | 97.68M |
| Shares Change (YoY) | -5.10% |
| Shares Change (QoQ) | -3.40% |
| Owned by Insiders (%) | 1.30% |
| Owned by Institutions (%) | 98.02% |
| Float | 90.12M |
Valuation Ratios
The trailing PE ratio is 5.17 and the forward PE ratio is 15.94. THC's PEG ratio is 1.74.
| PE Ratio | 5.17 |
| Forward PE | 15.94 |
| PS Ratio | 0.62 |
| Forward PS | 0.63 |
| PB Ratio | 3.77 |
| P/FCF Ratio | 2.23 |
| PEG Ratio | 1.74 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.38, with an EV/FCF ratio of 4.01.
| EV / Earnings | 8.94 |
| EV / Sales | 1.12 |
| EV / EBITDA | 4.38 |
| EV / EBIT | 5.22 |
| EV / FCF | 4.01 |
Financial Position
The company has a current ratio of 1.44, with a Debt / Equity ratio of 3.73.
| Current Ratio | 1.44 |
| Quick Ratio | 1.04 |
| Debt / Equity | 3.73 |
| Debt / EBITDA | 2.41 |
| Debt / FCF | 2.20 |
| Interest Coverage | 5.00 |
Financial Efficiency
Return on equity (ROE) is 133.10% and return on invested capital (ROIC) is 22.13%.
| Return on Equity (ROE) | 133.10% |
| Return on Assets (ROA) | 9.40% |
| Return on Capital (ROIC) | 22.13% |
| Revenue Per Employee | $196,319 |
| Profits Per Employee | $24,592 |
| Employee Count | 106,500 |
| Asset Turnover | 0.75 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, THC has paid $972.00 million in taxes.
| Income Tax | 972.00M |
| Effective Tax Rate | 27.07% |
Stock Price Statistics
The stock price has increased by +65.82% in the last 52 weeks. The beta is 2.16, so THC's price volatility has been higher than the market average.
| Beta (5Y) | 2.16 |
| 52-Week Price Change | +65.82% |
| 50-Day Moving Average | 132.91 |
| 200-Day Moving Average | 94.25 |
| Relative Strength Index (RSI) | 51.10 |
| Average Volume (20 Days) | 1,207,236 |
Short Selling Information
The latest short interest is 4.60 million, so 4.71% of the outstanding shares have been sold short.
| Short Interest | 4.60M |
| Short Previous Month | 4.46M |
| Short % of Shares Out | 4.71% |
| Short % of Float | 5.10% |
| Short Ratio (days to cover) | 3.59 |
Income Statement
In the last 12 months, THC had revenue of $20.91 billion and earned $2.62 billion in profits. Earnings per share was $25.77.
| Revenue | 20.91B |
| Gross Profit | 20.91B |
| Operating Income | 4.96B |
| Pretax Income | 3.59B |
| Net Income | 2.62B |
| EBITDA | 5.35B |
| EBIT | 4.49B |
| Earnings Per Share (EPS) | $25.77 |
Balance Sheet
The company has $2.48 billion in cash and $12.88 billion in debt, giving a net cash position of -$10.40 billion or -$106.45 per share.
| Cash & Cash Equivalents | 2.48B |
| Total Debt | 12.88B |
| Net Cash | -10.40B |
| Net Cash Per Share | -$106.45 |
| Equity (Book Value) | 3.45B |
| Book Value Per Share | 35.35 |
| Working Capital | 2.41B |
Cash Flow
In the last 12 months, operating cash flow was $2.51 billion and capital expenditures $3.33 billion, giving a free cash flow of $5.84 billion.
| Operating Cash Flow | 2.51B |
| Capital Expenditures | 3.33B |
| Free Cash Flow | 5.84B |
| FCF Per Share | $58.68 |
Margins
Gross margin is 100.00%, with operating and profit margins of 23.70% and 12.53%.
| Gross Margin | 100.00% |
| Operating Margin | 23.70% |
| Pretax Margin | 17.18% |
| Profit Margin | 12.53% |
| EBITDA Margin | 25.59% |
| EBIT Margin | 21.47% |
| FCF Margin | 27.95% |
Dividends & Yields
THC does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 5.10% |
| Shareholder Yield | 5.10% |
| Earnings Yield | 20.12% |
| FCF Yield | 44.88% |
Analyst Forecast
The average price target for THC is $122.18, which is -8.32% lower than the current price. The consensus rating is "Strong Buy".
| Price Target | $122.18 |
| Price Target Difference | -8.32% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | 3.55% |
| EPS Growth Forecast (5Y) | 16.97% |
Stock Splits
The last stock split was on October 11, 2012. It was a reverse split with a ratio of 1:4.
| Last Split Date | Oct 11, 2012 |
| Split Type | Reverse |
| Split Ratio | 1:4 |
Scores
THC has an Altman Z-Score of 1.8 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.8 |
| Piotroski F-Score | 7 |