THC — TENET HEALTHCARE CORP

NYSE · Health Care · Health Care Providers & Services · CIK 70318 ·
Last close
$233.20
Market Cap
$20.09B
52W High
$246.82
52W Low
$157.58
ADV30
1,400,207
Next earnings
2026-07-23
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.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Jun 2026
Mar 2026 5,781,000,000 4,820,000,000 1,295,000,000 702,000,000 31,203,000,000 2,967,000,000 22,353,000,000
Dec 2025 5,527,000,000 4,517,000,000 869,000,000 371,000,000 29,677,000,000 2,883,000,000 20,704,000,000
Sep 2025 5,289,000,000 4,358,000,000 817,000,000 342,000,000 29,418,000,000 2,975,000,000 20,718,000,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$4,366,000,000
Investing CF
$-1,405,000,000
Financing CF
$-2,993,000,000
CapEx
$-1,017,000,000
Dividends Paid
Buybacks
$-1,356,000,000
EPS Diluted TTM
$19.28
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$5,117,000,000
Inventory
$343,000,000
Receivables
$4,362,000,000
ST Investments
EBIT TTM
$3,989,000,000
Pretax Income TTM
$3,167,000,000
Interest Exp TTM
$822,000,000
Analysts
21

Yahoo Snapshot (yfinance, live)

Total Revenue
$22,637,000,704
EBITDA
$5,642,999,808
Free Cash Flow
$2,719,249,920
Enterprise Value
$31,742,947,328
Total Cash
$2,169,999,872
Total Debt
$13,248,000,000
Shares Out
86,137,000
Trailing EPS
$25.87
Book Value
$55.90
ROE
37.3%
ROA
10.0%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 21,310,000,000 3,439,000,000 1,407,000,000 29,677,000,000 20,704,000,000 3,540,000,000
Dec 2024 20,675,000,000 2,917,000,000 3,200,000,000 28,936,000,000 20,389,000,000 2,047,000,000
Dec 2023 20,564,000,000 2,443,000,000 611,000,000 28,312,000,000 22,804,000,000 2,374,000,000
Dec 2022 19,174,000,000 2,412,000,000 411,000,000 27,156,000,000 22,548,000,000 1,083,000,000

TTM Snapshot

Revenues TTM
$19,887,000,000
NetIncome TTM
$1,153,000,000
OpCashFlow TTM
$0
Assets (Latest)
$28,936,000,000
Forward EPS
$18.03

Max Pain — expiry 2026-08-21

max pain strike: $190.00 · spot: $233.20 · call oi: 12,663 · put oi: 17,542
Expected Move to 2026-08-21: ±$23.60 (10.12%) — implied range $209.60$256.80 · ATM straddle on $230.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
GH Guardant Health, Inc. $19.54B $147.33
LH LABCORP HOLDINGS INC. $24.34B $296.77
DGX QUEST DIAGNOSTICS INC $25.06B $227.86
DVA DAVITA INC. $15.11B $235.44
BTSG BrightSpring Health Services, Inc. $14.31B $72.91

News headlines (Yahoo Finance, 1h cache)

Tenet Healthcare (THC) Is Up 19.6% After Strong Q2 Beat, Raised Guidance And Buyback Expansion
2026-07-25 12:11 · Yahoo
Tenet (THC) Q2 2026 Earnings Call Transcript
2026-07-25 00:32 · Yahoo
Tenet Healthcare Corp (THC) Q2 2026 Earnings Call Highlights: Strong Revenue Growth and ...
2026-07-24 23:00 · Yahoo
Why Is Tenet Healthcare (THC) Stock Rocketing Higher Today
2026-07-24 21:53 · Yahoo
SpaceX, Micron, SAP, Verizon, Amex, Tenet, and More Stocks That Explain Today’s Market
2026-07-24 20:25 · Yahoo
Sector Update: Healthcare Stocks Higher Late Afternoon
2026-07-24 19:35 · Yahoo
Why Tenet Healthcare Stock Is Surging 16% Today While This Rival Lags Behind
2026-07-24 18:39 · Yahoo
Tenet Healthcare Q2 Beats Expectations as Hospital, ASC Segments Outperform, UBS Says
2026-07-24 18:06 · Yahoo
Why Tenet Healthcare Stock Is Soaring Today
2026-07-24 17:14 · Yahoo
Tenet Healthcare Q2 Earnings Call Highlights
2026-07-24 17:03 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.