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THC

Tenet Healthcare Corporation

THC

NYSE·Healthcare·Medical - Care Facilities·Mkt cap $21.3B

$265.05

+0.59%

P/E

10.20

Mkt Cap

$21.3B

52-Wk Range

$157.58–$283.05

52-Week Range

$157.58 - $283.05

P/E

10.20

Fwd P/E

12.49

Beta

1.23

Div Yield

0.00%

Avg Vol

1.3M

Shares Out

87.6M

Mkt Cap

$21.3B

Price action

Price chart

Up 37.7% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Extensive integrated network of 60 hospitals and 550+ healthcare facilities providing geographic diversification and patient access
  • Comprehensive service offerings from primary care to complex quaternary procedures including transplants and specialized surgeries
  • Conifer division's healthcare business process expertise creating recurring revenue and cross-selling opportunities
  • Scale advantages in purchasing, staffing, and technology implementation across large facility network

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Aging U.S. population increasing demand for acute care and specialized medical services

Value

Undervalued - trading well below Healthcare Facilities peers

Momentum

Hot

+62.6% over 3m

Quality

Stable

Excellent business quality

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 27, 2026

Q3 26 RECAP

JUL 22, 2026

Reported EPS of $6.12 vs $4.26 consensus (+43.7% surprise). Revenue of $5.6B vs $5.4B expected (+3.6%). Beat on both top and bottom lines.

EPS beat +43.7%
Rev beat +3.6%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+43.7%

Revenue trend · last 8Q

-6%

-3%

+3%

+3%

+9%

+3%

+7%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$5.1B

$5.1B

$5.2B

$5.3B

$5.3B

$5.5B

$5.4B

$5.6B

Margins · last 8Q

Gross

18.2%

Operating

18.2%

Profit

14.7%

Wall Street consensus

12 analysts · 92% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

11

92%

Hold

1

8%

Sell

0%

Median Price Target

Latest: Raymond James · Aug 14, 2026

vs Industry

How THC stacks vs Medical - Care Facilities

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.