THC — TENET HEALTHCARE CORP

NYSE · Health Care · Health Care Providers & Services · CIK 70318 ·
Last close
$166.36
Market Cap
$14.33B
52W High
$243.54
52W Low
$157.58
ADV30
1,615,431
Next earnings
2026-07-21
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
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
Jun 2025 5,271,000,000 4,339,000,000 852,000,000 288,000,000 28,699,000,000 2,625,000,000 20,397,000,000

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
$21,454,999,552
EBITDA
$4,634,999,808
Free Cash Flow
$3,061,374,976
Enterprise Value
$28,319,193,088
Total Cash
$2,967,000,064
Total Debt
$13,208,999,936
Shares Out
86,137,000
Trailing EPS
$19.24
Book Value
$48.53
ROE
30.3%
ROA
7.8%
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
$17.73

Max Pain — expiry 2026-08-21 (volume-derived — Yahoo OI feed degraded)

max pain strike: $210.00 · spot: $166.36 · call volume: 94 · put volume: 1,307
Expected Move to 2026-08-21: ±$31.13 (18.71%) — implied range $135.23$197.49 · ATM straddle on $165.00 strike

Peers — same industry

TickerNameMarket CapLastDaily %
DVA DAVITA INC. $12.72B $198.19
FMCQF Fresenius Medical Care AG $12.13B $45.17
FMS Fresenius Medical Care AG $12.00B $22.35
BTSG BrightSpring Health Services, Inc. $11.97B $61.00
GH Guardant Health, Inc. $17.25B $130.12

News headlines (Yahoo Finance, 1h cache)

Tenet Announces Closing of Private Placement Under Partial Revocation of FFCTO
2026-06-09 22:00 · Yahoo
Did Moody’s Credit Upgrade Just Reframe Tenet Healthcare’s (THC) Deleveraging Story for Investors?
2026-06-08 17:15 · Yahoo
3 Market-Beating Stocks to Consider Right Now
2026-06-08 12:45 · Yahoo
Tenet Healthcare (THC) Stock Dips While Market Gains: Key Facts
2026-06-04 22:00 · Yahoo
Tenet Healthcare Corporation (THC) Is a Trending Stock: Facts to Know Before Betting on It
2026-06-04 13:00 · Yahoo
Is HCA Healthcare Stock Underperforming the S&P 500?
2026-06-02 13:28 · Yahoo
Encompass Health to Expand WV Footprint With 36-Bed Bridgeport Unit
2026-06-01 12:09 · Yahoo
HCA Healthcare to Acquire CHCP to Strengthen Workforce Development
2026-05-28 13:59 · Yahoo
Tenet Announces Partial Revocation of Cease Trade Order and Proposed Financing
2026-05-27 20:38 · Yahoo
1 Value Stock with Exciting Potential and 2 That Underwhelm
2026-05-27 13:13 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.