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Tenet Healthcare NYSE:THC Stock Report

Last Price

US$135.22

Market Cap

US$13.2b

7D

3.1%

1Y

82.9%

Updated

03 Jun, 2024

Data

Company Financials +

Tenet Healthcare Corporation

NYSE:THC Stock Report

Market Cap: US$13.2b

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$135.22
52 Week HighUS$135.75
52 Week LowUS$51.04
Beta2.09
1 Month Change12.42%
3 Month Change41.50%
1 Year Change82.93%
3 Year Change98.59%
5 Year Change529.52%
Change since IPO3,994.17%

Recent News & Updates

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

Recent updates

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

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

Jan 31
Here's Why Tenet Healthcare (NYSE:THC) Has A Meaningful Debt Burden

Tenet Healthcare: Compressed Multiples Appear Justified

Jan 27

Tenet Health gains on on report David Einhorn's Greenlight has stake

Jan 17

An Intrinsic Calculation For Tenet Healthcare Corporation (NYSE:THC) Suggests It's 22% Undervalued

Jan 13
An Intrinsic Calculation For Tenet Healthcare Corporation (NYSE:THC) Suggests It's 22% Undervalued

Tenet Healthcare: Earnings Headwinds With Mixed Technicals

Nov 11

Tenet Healthcare Q3 2022 Earnings Preview

Oct 19

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

Oct 09
Does Tenet Healthcare (NYSE:THC) Have A Healthy Balance Sheet?

Tenet Healthcare: Mixed Debate, Rate Neutral On Valuation

Aug 25

Shareholder Returns

THCUS HealthcareUS Market
7D3.1%0.3%-0.6%
1Y82.9%1.3%22.5%

Return vs Industry: THC exceeded the US Healthcare industry which returned 1.3% over the past year.

Return vs Market: THC exceeded the US Market which returned 22.5% over the past year.

Price Volatility

Is THC's price volatile compared to industry and market?
THC volatility
THC Average Weekly Movement5.3%
Healthcare Industry Average Movement6.5%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: THC's share price has been volatile over the past 3 months.

Volatility Over Time: THC's weekly volatility (5%) 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$13.21b
Earnings (TTM)US$2.62b
Revenue (TTM)US$20.89b

5.0x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
THC income statement (TTM)
RevenueUS$20.89b
Cost of RevenueUS$12.84b
Gross ProfitUS$8.05b
Other ExpensesUS$5.43b
EarningsUS$2.62b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)26.81
Gross Margin38.53%
Net Profit Margin12.54%
Debt/Equity Ratio163.7%

How did THC perform over the long term?

See historical performance and comparison
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