THC

Tenet Healthcare Corporation

THC.US tenethealth.com + Research + Basket
CIK 0000070318
Employees 77,000
Phone 469 893 2200
Fiscal year end December
IPO Jan 04, 1982
Address 14201 Dallas Parkway, Dallas, TX, United States, 75254
269.84
-0.73 (-0.27%)
USD · NYSE
52-week range
157.58
283.05
Trading at 89% of the 52-week range
Market Cap
21.79B
P/E Ratio
10.45
Forward P/E
12.85
Book Value
57.86
Div. Yield
N/A
% Institutions
101.91%
% Insiders
0.969%

1 Year

+29.4%

3 Year

+408.1%

10 Year

+1,272.8%
Description

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.

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People

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Directors & Officers

Name Title Year Born
Dr. Saumya Sutaria M.D. Chairman & CEO 1973
Mr. Sun K. Park Executive VP & CFO 1976
Ms. Lisa Y. Foo Executive VP & Chief Operating Officer 1991
Ms. Paola M. Arbour Executive VP & Chief Information Officer 1964
Mr. Thomas W. Arnst EVP, Chief Administrative Officer, Chief Risk Officer, General Counsel & Corporate Secretary 1963
Mr. John Michael Grooms Senior VP, Controller & Principal Accounting Officer 1978
Mr. William McDowell III Vice President of Investor Relations NA
Ms. Jana Durfee Senior VP & Chief Compliance Officer NA
Mr. Michael T. Maloney Executive Vice President of Corporate Development NA
Mr. Clint Hailey Chief Managed Care Officer & Senior VP 1965

Insider Trading

Open insider trading
Date Insider Name Title Transaction Type Shares Price Value SEC
Mar 11, 2026 Paola M Arbour N/A Sale 6.50K $238.43 $1.55M SEC
Mar 09, 2026 Thomas W Arnst N/A Sale 8.00K $238.85 $1.91M SEC
Mar 02, 2026 R. Scott Ramsey N/A Sale 8.02K $232.70 $1.87M SEC
Mar 02, 2026 Thomas W Arnst N/A Sale 24.00K $234.04 $5.62M SEC
Feb 11, 2026 Jonathan L. Jackson N/A Sale N/A $225.86 N/A —
Dec 15, 2025 Nadja West N/A Sale 2.18K $197.47 $430.09K SEC
Dec 10, 2025 Jonathan L. Jackson N/A Purchase N/A $197.50 N/A —
Nov 06, 2025 R. Scott Ramsey N/A Sale 13.32K $205.11 $2.73M SEC
Nov 05, 2025 Tammy Romo N/A Sale 645.00 $205.20 $132.35K SEC
Nov 04, 2025 Tammy Romo N/A Sale 11.76K $204.07 $2.40M SEC
Nov 03, 2025 Tammy Romo N/A Sale 15.10K $200.81 $3.03M SEC
Oct 29, 2025 Richard W Fisher N/A Sale 2.50K $208.43 $521.08K SEC
Sep 10, 2025 Saumya Sutaria N/A Sale 78.76K $190.78 $15.03M SEC
Sep 03, 2025 Jonathan L. Jackson N/A Purchase N/A $186.72 N/A —
Aug 28, 2025 Christopher S Lynch N/A Sale 8.00 $183.44 $1.47K SEC
Aug 20, 2025 Lisa Y Foo N/A Sale 8.00K $179.53 $1.44M SEC
Aug 19, 2025 Christopher S Lynch N/A Sale 3.95K $176.39 $697.09K SEC
Aug 04, 2025 Lisa C. McClain N/A Sale N/A $161.01 N/A —
Jun 11, 2025 Lisa C. McClain N/A Purchase N/A $161.21 N/A —
Jun 05, 2025 Paola M Arbour N/A Sale 7.74K $173.00 $1.34M SEC

Shareholders

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Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 8.74M Jun 30, 2026 10.86% $0.02 0.44%
T. Rowe Price Associates, Inc. 7.96M Jun 30, 2026 9.88% $0.15 5.83%
Boston Partners Global Investors, Inc 4.43M Jun 30, 2026 5.51% $0.74 15.60%
Vanguard Portfolio Management, LLC 4.24M Jun 30, 2026 5.26% $0.04 -1.82%
FMR Inc 3.99M Jun 30, 2026 4.96% $0.03 -48.63%
Vanguard Capital Management, LLC 3.89M Jun 30, 2026 4.84% $0.02 -0.44%
State Street Corp 2.75M Jun 30, 2026 3.42% $0.02 1.30%
Glenview Capital Management LLC 2.24M Jun 30, 2026 2.78% $7.62 46.62%
Geode Capital Management, LLC 1.88M Jun 30, 2026 2.34% $0.02 -2.36%
Citadel Advisors Llc 1.77M Jun 30, 2026 2.19% $0.04 321.59%
Arrowstreet Capital Limited Partnership 1.71M Jun 30, 2026 2.12% $0.14 154.35%
Ameriprise Financial Inc 1.66M Jun 30, 2026 2.07% $0.06 11.52%
Dimensional Fund Advisors, Inc. 1.45M Jun 30, 2026 1.80% $0.05 20.78%
Amvescap Plc. 1.42M Jun 30, 2026 1.76% $0.02 -20.71%
Victory Capital Management Inc. 1.24M Jun 30, 2026 1.54% $0.13 61.17%
NORGES BANK 1.21M Jun 30, 2026 1.51% $0.02 -2.90%
AQR Capital Management LLC 1.07M Jun 30, 2026 1.33% $0.07 -26.00%
AllianceBernstein L.P. 910.27K Jun 30, 2026 1.13% $0.06 30.20%
Manning & Napier Advisors, LLC 901.65K Jun 30, 2026 1.12% $2.16 0.00%
Bank of America Corp 854.86K Jun 30, 2026 1.06% $0.01 10.76%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 CQS Dynamic Credit Multi asset F GBP 8.46M 10.51% ▲ 0.00% Jul 31, 2026
2 iShares Core S&P Mid-Cap ETF 2.87M 3.56% ▼ 0.04% Sep 30, 2026
3 Vanguard MStar Total Stk Mkt Idx Invest 2.56M 3.17% ▼ 6.61% Sep 30, 2026
4 Vanguard Small Cap Index 1.81M 2.25% ▼ 8.56% Sep 30, 2026
5 T. Rowe Price Value 1.49M 1.85% ▲ 0.00% Sep 30, 2026
6 JHancock Disciplined Value Mid Cap I 1.48M 1.84% ▼ 1.52% Aug 31, 2026
7 Vanguard MStar Small Cap Value Index 1.18M 1.46% ▼ 6.29% Sep 30, 2026
8 VictoryShares Free Cash Flow ETF 806.28K 1.00% ▲ 0.07% Sep 30, 2026
9 State Street® SPDR® S&P MIDCAP 400® ETF 595.36K 0.74% ▼ 5.49% Sep 30, 2026
10 Pacer US Cash Cows 100 ETF 523.57K 0.65% ▼ 0.02% Sep 30, 2026

Financial Highlights

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Market Cap: $21.79B
EBITDA: $4.84B
P/E Ratio: $10.45
PEG Ratio: $1.86
Book Value: $57.86
Earnings/Share: $25.88
Profit Margin: 10.27%
Operating Margin: 18.16%
ROA (TTM): 8.32%
ROE (TTM): 37.34%
Revenue (TTM): $21.81B
Revenue/Share (TTM): $252.49
Earnings Growth (YOY): 213.40%
Revenue Growth (YOY): 6.80%

Valuation Metrics

Enterprise Value: $32.70B
Trailing P/E: 10.45
Forward P/E: 12.85

Shares Statistics

Shares Outstanding: 80.52M
Shares Float: 79.68M
% Insiders: 0.969%
% Institutions: 101.91%
Shares Short: 1.84M
Shares Short (Prior Month): 2.02M
Short Ratio: 2.63
Short % Float: 2.68%

Stock Price History

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1 Year Price History

3 Years Price History

10 Years Price History

Max Price History

Financial Charts

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Open balance sheet Open capital intensity Download Financials (Excel)

Revenue, Net Income & Operating Cash Flow (Yearly)

Change % vs Prior Year

Revenue, Net Income & Operating Cash Flow (Quarterly)

Change % vs Prior Quarter

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

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Open full waterfall Open balance sheet
Line Item
Step Type
Value
Revenue
adjust
$21.31B
Cost of Goods Sold
adjust
$-3.78B
Gross Profit
subtotal
$17.53B
SG&A
adjust
$-8.71B
Other Operating Expense
adjust
$-5.39B
Operating Income
subtotal
$3.44B
Other / Non-Operating Items
adjust
$-2.03B
Net Income
subtotal
$1.41B

Earnings Per Share (EPS) History

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Financial Ratios

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📦 Raw API Data (JSON Explorer)

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