Tenet Healthcare Corporation (THC)
NYSE: THC · Real-Time Price · USD
254.78
+2.05 (0.81%)
At close: Jul 31, 2026, 4:00 PM EDT
254.77
-0.01 (0.00%)
After-hours: Jul 31, 2026, 7:47 PM EDT

Tenet Healthcare Statistics

Total Valuation

THC has a market cap or net worth of $20.51 billion. The enterprise value is $31.59 billion.

Market Cap20.51B
Enterprise Value 31.59B

Important Dates

The last earnings date was Thursday, July 23, 2026, after market close.

Earnings Date Jul 23, 2026
Ex-Dividend Date n/a

Share Statistics

THC has 80.52 million shares outstanding. The number of shares has decreased by -8.21% in one year.

Current Share Class 80.52M
Shares Outstanding 80.52M
Shares Change (YoY) -8.21%
Shares Change (QoQ) -4.15%
Owned by Insiders (%) 1.10%
Owned by Institutions (%) 103.39%
Float 79.52M

Valuation Ratios

The trailing PE ratio is 9.89 and the forward PE ratio is 12.54. THC's PEG ratio is 1.01.

PE Ratio 9.89
Forward PE 12.54
PS Ratio 0.94
Forward PS 0.92
PB Ratio 4.40
P/TBV Ratio n/a
P/FCF Ratio 6.79
P/OCF Ratio 5.11
PEG Ratio 1.01
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.11, with an EV/FCF ratio of 10.45.

EV / Earnings 14.10
EV / Sales 1.45
EV / EBITDA 6.11
EV / EBIT 7.39
EV / FCF 10.45

Financial Position

The company has a current ratio of 1.41, with a Debt / Equity ratio of 1.52.

Current Ratio 1.41
Quick Ratio 1.14
Debt / Equity 1.52
Debt / EBITDA 2.56
Debt / FCF 4.38
Interest Coverage 5.21

Financial Efficiency

Return on equity (ROE) is 37.34% and return on invested capital (ROIC) is 16.59%.

Return on Equity (ROE) 37.34%
Return on Assets (ROA) 8.32%
Return on Invested Capital (ROIC) 16.59%
Return on Capital Employed (ROCE) 17.03%
Weighted Average Cost of Capital (WACC) 8.81%
Revenue Per Employee $220,323
Profits Per Employee $22,636
Employee Count99,000
Asset Turnover 0.73
Inventory Turnover 37.65

Taxes

In the past 12 months, THC has paid $691.00 million in taxes.

Income Tax 691.00M
Effective Tax Rate 17.88%

Stock Price Statistics

The stock price has increased by +58.36% in the last 52 weeks. The beta is 1.27, so THC's price volatility has been higher than the market average.

Beta (5Y) 1.27
52-Week Price Change +58.36%
50-Day Moving Average 191.89
200-Day Moving Average 200.39
Relative Strength Index (RSI) 73.60
Average Volume (20 Days) 1,448,970

Short Selling Information

The latest short interest is 2.98 million, so 3.70% of the outstanding shares have been sold short.

Short Interest 2.98M
Short Previous Month 4.06M
Short % of Shares Out 3.70%
Short % of Float 3.75%
Short Ratio (days to cover) 2.24

Income Statement

In the last 12 months, THC had revenue of $21.81 billion and earned $2.24 billion in profits. Earnings per share was $25.75.

Revenue21.81B
Gross Profit 9.09B
Operating Income 3.95B
Pretax Income 3.87B
Net Income 2.24B
EBITDA 5.17B
EBIT 4.28B
Earnings Per Share (EPS) $25.75
Full Income Statement

Balance Sheet

The company has $2.17 billion in cash and $13.25 billion in debt, with a net cash position of -$11.08 billion or -$137.58 per share.

Cash & Cash Equivalents 2.17B
Total Debt 13.25B
Net Cash -11.08B
Net Cash Per Share -$137.58
Equity (Book Value) 8.70B
Book Value Per Share 57.86
Working Capital 2.26B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $4.02 billion and capital expenditures -$992.00 million, giving a free cash flow of $3.02 billion.

Operating Cash Flow 4.02B
Capital Expenditures -992.00M
Depreciation & Amortization 893.00M
Net Borrowing -80.00M
Free Cash Flow 3.02B
FCF Per Share $37.54
Full Cash Flow Statement

Margins

Gross margin is 41.66%, with operating and profit margins of 18.11% and 10.27%.

Gross Margin 41.66%
Operating Margin 18.11%
Pretax Margin 17.72%
Profit Margin 10.27%
EBITDA Margin 22.83%
EBIT Margin 18.89%
FCF Margin 13.86%

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 8.21%
Shareholder Yield 8.21%
Earnings Yield 10.92%
FCF Yield 14.74%
Dividend Details

Analyst Forecast

The average price target for THC is $277.48, which is 8.91% higher than the current price. The consensus rating is "Buy".

Price Target $277.48
Price Target Difference 8.91%
Analyst Consensus Buy
Analyst Count 22
Revenue Growth Forecast (3Y) 3.36%
EPS Growth Forecast (3Y) 9.52%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 1.96 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.96
Piotroski F-Score 6