Tenet Healthcare Corporation (THC)
NYSE: THC · Real-Time Price · USD
194.25
+2.57 (1.34%)
May 12, 2026, 11:07 AM EDT - Market open

Tenet Healthcare Statistics

Total Valuation

THC has a market cap or net worth of $16.73 billion. The enterprise value is $26.75 billion.

Market Cap16.73B
Enterprise Value 26.75B

Important Dates

The last earnings date was Thursday, April 30, 2026, before market open.

Earnings Date Apr 30, 2026
Ex-Dividend Date n/a

Share Statistics

THC has 86.14 million shares outstanding. The number of shares has decreased by -7.78% in one year.

Current Share Class 86.14M
Shares Outstanding 86.14M
Shares Change (YoY) -7.78%
Shares Change (QoQ) -0.37%
Owned by Insiders (%) 1.03%
Owned by Institutions (%) 98.89%
Float 85.14M

Valuation Ratios

The trailing PE ratio is 10.02 and the forward PE ratio is 10.89. THC's PEG ratio is 1.58.

PE Ratio 10.02
Forward PE 10.89
PS Ratio 0.77
Forward PS 1.50
PB Ratio 3.43
P/TBV Ratio n/a
P/FCF Ratio 4.93
P/OCF Ratio 3.78
PEG Ratio 1.58
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 5.77, with an EV/FCF ratio of 7.99.

EV / Earnings 15.71
EV / Sales 1.25
EV / EBITDA 5.77
EV / EBIT 7.14
EV / FCF 7.99

Financial Position

The company has a current ratio of 1.36, with a Debt / Equity ratio of 1.49.

Current Ratio 1.36
Quick Ratio 1.13
Debt / Equity 1.49
Debt / EBITDA 2.62
Debt / FCF 3.94
Interest Coverage 4.56

Financial Efficiency

Return on equity (ROE) is 30.29% and return on invested capital (ROIC) is 15.85%.

Return on Equity (ROE) 30.29%
Return on Assets (ROA) 7.75%
Return on Invested Capital (ROIC) 15.85%
Return on Capital Employed (ROCE) 14.97%
Weighted Average Cost of Capital (WACC) 8.65%
Revenue Per Employee $216,717
Profits Per Employee $17,202
Employee Count99,000
Asset Turnover 0.71
Inventory Turnover 36.69

Taxes

In the past 12 months, THC has paid $516.00 million in taxes.

Income Tax 516.00M
Effective Tax Rate 16.29%

Stock Price Statistics

The stock price has increased by +30.52% in the last 52 weeks. The beta is 1.30, so THC's price volatility has been higher than the market average.

Beta (5Y) 1.30
52-Week Price Change +30.52%
50-Day Moving Average 200.94
200-Day Moving Average 197.99
Relative Strength Index (RSI) 52.76
Average Volume (20 Days) 1,593,806

Short Selling Information

The latest short interest is 2.40 million, so 2.78% of the outstanding shares have been sold short.

Short Interest 2.40M
Short Previous Month 2.49M
Short % of Shares Out 2.78%
Short % of Float 2.82%
Short Ratio (days to cover) 2.21

Income Statement

In the last 12 months, THC had revenue of $21.46 billion and earned $1.70 billion in profits. Earnings per share was $19.14.

Revenue21.46B
Gross Profit 8.85B
Operating Income 3.75B
Pretax Income 3.17B
Net Income 1.70B
EBITDA 4.64B
EBIT 3.75B
Earnings Per Share (EPS) $19.14
Full Income Statement

Balance Sheet

The company has $2.97 billion in cash and $13.21 billion in debt, with a net cash position of -$10.24 billion or -$118.90 per share.

Cash & Cash Equivalents 2.97B
Total Debt 13.21B
Net Cash -10.24B
Net Cash Per Share -$118.90
Equity (Book Value) 8.85B
Book Value Per Share 55.90
Working Capital 2.20B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $4.37 billion and capital expenditures -$1.02 billion, giving a free cash flow of $3.35 billion.

Operating Cash Flow 4.37B
Capital Expenditures -1.02B
Depreciation & Amortization 886.00M
Net Borrowing -84.00M
Free Cash Flow 3.35B
FCF Per Share $38.88
Full Cash Flow Statement

Margins

Gross margin is 41.26%, with operating and profit margins of 17.47% and 7.94%.

Gross Margin 41.26%
Operating Margin 17.47%
Pretax Margin 14.76%
Profit Margin 7.94%
EBITDA Margin 21.60%
EBIT Margin 17.47%
FCF Margin 15.61%

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 7.78%
Shareholder Yield 7.78%
Earnings Yield 10.31%
FCF Yield 20.28%
Dividend Details

Analyst Forecast

The average price target for THC is $238.75, which is 22.91% higher than the current price. The consensus rating is "Strong Buy".

Price Target $238.75
Price Target Difference 22.91%
Analyst Consensus Strong Buy
Analyst Count 21
Revenue Growth Forecast (5Y) 4.30%
EPS Growth Forecast (5Y) 5.28%
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 1.84 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.84
Piotroski F-Score 6