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Tenet Healthcare NYSE:THC Stock Report

Last Price

US$153.35

Market Cap

US$14.6b

7D

-5.9%

1Y

126.4%

Updated

20 Nov, 2024

Data

Company Financials +

Tenet Healthcare Corporation

NYSE:THC Stock Report

Market Cap: US$14.6b

Tenet Healthcare Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tenet Healthcare
Historical stock prices
Current Share PriceUS$153.35
52 Week HighUS$171.20
52 Week LowUS$65.90
Beta2.15
11 Month Change-3.99%
3 Month Change-4.45%
1 Year Change126.41%
33 Year Change96.12%
5 Year Change363.71%
Change since IPO4,543.10%

Recent News & Updates

Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

Nov 17
Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

Tenet Healthcare: Targeting More Stable Demand In High-Acuity Services

Nov 04

With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case

Oct 30
With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case

Recent updates

Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

Nov 17
Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

Tenet Healthcare: Targeting More Stable Demand In High-Acuity Services

Nov 04

With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case

Oct 30
With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case

Tenet Healthcare: Becoming A Very Healthy Business

Sep 09

Earnings Working Against Tenet Healthcare Corporation's (NYSE:THC) Share Price

Sep 06
Earnings Working Against Tenet Healthcare Corporation's (NYSE:THC) Share Price

Tenet Healthcare: Strong EPS Growth, But Shares Near FV (Rating Downgrade)

Aug 29

Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

Aug 13
Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

An Intrinsic Calculation For Tenet Healthcare Corporation (NYSE:THC) Suggests It's 42% Undervalued

Jul 11
An Intrinsic Calculation For Tenet Healthcare Corporation (NYSE:THC) Suggests It's 42% Undervalued

Tenet Healthcare: Asset Sales, Current Multiples Support Re-Rating (Rating Upgrade)

Jun 17

With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case

May 21
With EPS Growth And More, Tenet Healthcare (NYSE:THC) Makes An Interesting Case

Tenet Healthcare Corporation's (NYSE:THC) Shareholders Might Be Looking For Exit

Apr 30
Tenet Healthcare Corporation's (NYSE:THC) Shareholders Might Be Looking For Exit

Does Tenet Healthcare (NYSE:THC) Have A Healthy Balance Sheet?

Mar 18
Does Tenet Healthcare (NYSE:THC) Have A Healthy Balance Sheet?

Tenet Healthcare: Shrinking To Grow

Feb 04

Tenet Healthcare Corporation (NYSE:THC) Might Not Be As Mispriced As It Looks

Dec 18
Tenet Healthcare Corporation (NYSE:THC) Might Not Be As Mispriced As It Looks

We Think Tenet Healthcare (NYSE:THC) Is Taking Some Risk With Its Debt

Nov 15
We Think Tenet Healthcare (NYSE:THC) Is Taking Some Risk With Its Debt

Tenet Healthcare: A Compelling Opportunity Despite Lofty Debt

Oct 13

Is Tenet Healthcare (NYSE:THC) Using Too Much Debt?

Aug 02
Is Tenet Healthcare (NYSE:THC) Using Too Much Debt?

Tenet Healthcare: Muted Earnings Outlook Doesn't Inspire Confidence For Now

Jul 28

Does This Valuation Of Tenet Healthcare Corporation (NYSE:THC) Imply Investors Are Overpaying?

Apr 13
Does This Valuation Of Tenet Healthcare Corporation (NYSE:THC) Imply Investors Are Overpaying?

USPI and Providence extend hands to aid ambulatory surgical services

Feb 09

Shareholder Returns

THCUS HealthcareUS Market
7D-5.9%-4.6%-1.2%
1Y126.4%1.1%30.4%

Return vs Industry: THC exceeded the US Healthcare industry which returned 1.1% over the past year.

Return vs Market: THC exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is THC's price volatile compared to industry and market?
THC volatility
THC Average Weekly Movement7.1%
Healthcare Industry Average Movement7.0%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: THC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: THC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196792,655Saum Sutariawww.tenethealth.com

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.

Tenet Healthcare Corporation Fundamentals Summary

How do Tenet Healthcare's earnings and revenue compare to its market cap?
THC fundamental statistics
Market capUS$14.58b
Earnings (TTM)US$3.13b
Revenue (TTM)US$20.97b

4.7x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THC income statement (TTM)
RevenueUS$20.97b
Cost of RevenueUS$12.68b
Gross ProfitUS$8.29b
Other ExpensesUS$5.17b
EarningsUS$3.13b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)32.87
Gross Margin39.55%
Net Profit Margin14.91%
Debt/Equity Ratio155.6%

How did THC perform over the long term?

See historical performance and comparison