Tenet Healthcare Corporation (THC)
NYSE: THC · IEX Real-Time Price · USD
100.44
-1.38 (-1.36%)
Apr 12, 2024, 4:00 PM EDT - Market closed

Tenet Healthcare Statistics

Total Valuation

THC has a market cap or net worth of $10.04 billion. The enterprise value is $23.82 billion.

Market Cap 10.04B
Enterprise Value 23.82B

Important Dates

The next confirmed earnings date is Tuesday, April 30, 2024, before market open.

Earnings Date Apr 30, 2024
Ex-Dividend Date n/a

Share Statistics

THC has 100.00 million shares outstanding. The number of shares has decreased by -5.17% in one year.

Shares Outstanding 100.00M
Shares Change (YoY) -5.17%
Shares Change (QoQ) -0.28%
Owned by Insiders (%) 1.79%
Owned by Institutions (%) 97.02%
Float 90.54M

Valuation Ratios

The trailing PE ratio is 17.59 and the forward PE ratio is 16.23. THC's PEG ratio is 2.20.

PE Ratio 17.59
Forward PE 16.23
PS Ratio 0.49
Forward PS 0.49
PB Ratio 6.25
P/FCF Ratio 5.93
PEG Ratio 2.20
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 8.86, with an EV/FCF ratio of 14.06.

EV / Earnings 38.98
EV / Sales 1.16
EV / EBITDA 8.86
EV / EBIT 13.10
EV / FCF 14.06

Financial Position

The company has a current ratio of 1.51, with a Debt / Equity ratio of 9.33.

Current Ratio 1.51
Quick Ratio 0.87
Debt / Equity 9.33
Debt / EBITDA 5.58
Debt / FCF 8.86
Interest Coverage 2.02

Financial Efficiency

Return on equity (ROE) is 43.30% and return on invested capital (ROIC) is 9.15%.

Return on Equity (ROE) 43.30%
Return on Assets (ROA) 2.20%
Return on Capital (ROIC) 9.15%
Revenue Per Employee $193,089
Profits Per Employee $5,737
Employee Count 106,500
Asset Turnover 0.75
Inventory Turnover n/a

Taxes

In the past 12 months, THC has paid $306.00 million in taxes.

Income Tax 306.00M
Effective Tax Rate 33.37%

Stock Price Statistics

The stock price has increased by +59.89% in the last 52 weeks. The beta is 2.14, so THC's price volatility has been higher than the market average.

Beta (1Y) 2.14
52-Week Price Change +59.89%
50-Day Moving Average 96.43
200-Day Moving Average 77.24
Relative Strength Index (RSI) 51.27
Average Volume (30 Days) 1,153,029

Short Selling Information

The latest short interest is 4.26 million, so 4.26% of the outstanding shares have been sold short.

Short Interest 4.26M
Short Previous Month 4.03M
Short % of Shares Out 4.26%
Short % of Float 4.70%
Short Ratio (days to cover) 3.16

Income Statement

In the last 12 months, THC had revenue of $20.56 billion and earned $611.00 million in profits. Earnings per share was $5.71.

Revenue 20.56B
Gross Profit 20.56B
Operating Income 2.28B
Pretax Income 917.00M
Net Income 611.00M
EBITDA 2.69B
EBIT 1.82B
Earnings Per Share (EPS) $5.71
Full Income Statement

Balance Sheet

The company has $1.23 billion in cash and $15.00 billion in debt, giving a net cash position of -$13.77 billion or -$137.75 per share.

Cash & Cash Equivalents 1.23B
Total Debt 15.00B
Net Cash -13.77B
Net Cash Per Share -$137.75
Equity / Book Value 1.61B
Book Value Per Share 16.08
Working Capital 2.41B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.37 billion and capital expenditures -$680.00 million, giving a free cash flow of $1.69 billion.

Operating Cash Flow 2.37B
Capital Expenditures -680.00M
Free Cash Flow 1.69B
FCF Per Share $16.67
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 11.10% and 2.97%.

Gross Margin 100.00%
Operating Margin 11.10%
Pretax Margin 4.46%
Profit Margin 2.97%
EBITDA Margin 13.07%
EBIT Margin 8.84%
FCF Margin 8.24%

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 5.17%
Shareholder Yield 5.17%
Earnings Yield 6.08%
FCF Yield 16.87%
Dividend Details

Analyst Forecast

The average price target for THC is $101.12, which is 0.68% higher than the current price. The consensus rating is "Strong Buy".

Price Target $101.12
Price Target Difference 0.68%
Analyst Consensus Strong Buy
Analyst Count 17
Revenue Growth Forecast (5Y) 6.12%
EPS Growth Forecast (5Y) 12.59%
Stock Forecasts

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 1.3 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.3
Piotroski F-Score 8