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Tenet Healthcare Corporation

THC

Last
$263.78
Day
+1.2%
1y
+33.7%
5y
+288.3%
52w
-7.9%
SPY YTD
+13.3%
XLV
+8.1%
Earnings
2026-10-2919d
EMA 21
259.49
EMA 50
253.28
EMA 200
220.54
20d high
-3.6%
5y high
-7.9%
5y range
91th
Website · 77,000 employees · United States

Positions held

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Score
26
Hold
swing
Signal
Buy
Target
$281.61
Stop
$250.05
Stop distance
5.2%
Target vs last
+6.8%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Tenet Healthcare Corporation is well-positioned in the medical care facilities industry, benefiting from a growing demand for healthcare services as the population ages.
  • In the latest quarter, Tenet reported a revenue increase of 4% compared to the prior quarter, reaching $6.0 billion.
  • The company's operating margin expanded to 23.8%, indicating improved efficiency and profitability.
Bear case
  • Despite its strengths, Tenet faces significant competition in the healthcare sector, which could pressure margins and growth.
  • The company's net income for the latest quarter was $826 million, but this reflects a decline from previous quarters, highlighting potential volatility.
  • With a debt-to-equity ratio of 152.3, Tenet's high leverage poses risks, especially in a fluctuating economic environment.

Fundamentals

Market cap$20.98BEnterprise value$36.10BTrailing P/E10.07Forward P/E12.36
PEG1.80Price / book4.50Beta1.20Dividend yield0.00%
Revenue growth6.8%Earnings growth213.4%Gross margin41.7%Operating margin18.2%
Profit margin10.3%ROE37.3%ROA8.3%Debt / equity1.52
Current ratio1.41Free cash flow$2.25BAnalyst recommendationbuyMean target$285.32
52w high$283.0552w low$157.58

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$6.0B$5.8B$5.5B$5.3B$5.3B—
Op margin23.8%22.4%15.7%15.4%16.2%—
Net income$826M$702M$371M$342M$288M—
Gross margin83.7%83.4%81.7%82.4%82.3%—
Gross profit$5.1B$4.8B$4.5B$4.4B$4.3B—
Operating income$1.4B$1.3B$869M$817M$852M—
  • Revenue +4% vs prior quarter ($6.0B vs $5.8B).
  • Gross margin 83.7% (was 83.4% prior quarter).
  • Operating margin expanded to 23.8%.

Yearly (6y)

20252024202320222021
Revenue$21.3B$20.7B$20.6B$19.2B—
Op margin16.1%14.1%11.9%12.6%—
Net income$1.4B$3.2B$611M$411M—
Gross margin82.3%82.4%82.5%82.9%—
Gross profit$17.5B$17.0B$17.0B$15.9B—
Operating income$3.4B$2.9B$2.4B$2.4B—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

THC · daily-0.6% over 13 sessions
Close EMA21 EMA50 EMA200
248.02252.63257.25261.86266.472026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$1.5B$3.0B$4.5B$6.0B0%42%84%2025-Q22025-Q32025-Q42026-Q12026-Q2