Tenet Healthcare (THC) Stock Price

Tenet Healthcare Price

NYSE·CLOSED
256.64USD-5.46 (-2.11 %)
Market closed

Over the last 19 years Tenet Healthcare grew revenue by 5.0% annually, reaching 21.31 B USD. Earnings per share have grown at 29.1% per year over the last 17 years. For Tenet Healthcare, the net margin of 6.6% is up versus 4.7% a few years ago. The consensus 12-month price target for Tenet Healthcare is 244.80 USD, about 4.6% below where the stock trades today. Of 28 analysts, 24 rate the stock a buy — an overall Buy consensus. The stock trades about 61% above its 52-week low.

Tenet Healthcare stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Tenet Healthcare over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Tenet Healthcare stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Tenet Healthcare's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Tenet Healthcare Stock Price History
DateTenet Healthcare Price
8/6/2026256.64 USD
8/5/2026262.10 USD
8/4/2026248.57 USD
8/3/2026249.99 USD
7/31/2026254.78 USD
7/30/2026252.73 USD
7/29/2026258.23 USD
7/27/2026246.84 USD
7/23/2026199.02 USD
7/22/2026195.35 USD
7/21/2026196.49 USD
7/20/2026194.38 USD
7/17/2026194.91 USD
7/16/2026199.20 USD
7/15/2026192.34 USD
7/14/2026183.69 USD
7/13/2026202.42 USD
7/10/2026204.25 USD
7/9/2026206.77 USD
7/8/2026203.28 USD
7/7/2026208.82 USD
7/6/2026204.40 USD
7/2/2026203.72 USD
7/1/2026191.20 USD
6/30/2026187.08 USD
6/29/2026186.51 USD
6/26/2026189.00 USD
6/25/2026183.94 USD
6/24/2026182.96 USD
6/23/2026180.88 USD
6/22/2026176.68 USD
6/18/2026175.75 USD
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6/16/2026182.93 USD
6/15/2026177.99 USD
6/12/2026176.85 USD
6/11/2026168.93 USD
6/10/2026166.87 USD
6/9/2026166.36 USD
6/8/2026163.01 USD
6/5/2026163.23 USD
6/4/2026159.77 USD
6/3/2026164.07 USD
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6/1/2026169.49 USD
5/29/2026178.34 USD
5/28/2026176.23 USD
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4/30/2026177.12 USD
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3/25/2026200.04 USD
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3/20/2026200.35 USD
3/19/2026205.11 USD
3/18/2026205.11 USD
3/17/2026211.64 USD
3/16/2026219.30 USD
3/13/2026233.10 USD
3/12/2026225.01 USD
3/11/2026234.76 USD
3/10/2026237.41 USD
3/9/2026240.59 USD
3/6/2026236.95 USD
3/5/2026241.40 USD
3/4/2026244.80 USD
3/3/2026242.88 USD
3/2/2026235.12 USD
2/27/2026239.39 USD
2/26/2026239.67 USD
2/25/2026237.04 USD
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2/23/2026233.77 USD
2/20/2026229.90 USD
2/19/2026228.08 USD
2/18/2026231.75 USD
2/17/2026234.25 USD
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2/13/2026231.10 USD
2/12/2026231.10 USD
2/11/2026232.26 USD
2/10/2026226.35 USD
2/9/2026193.04 USD
2/8/2026192.96 USD
2/6/2026201.37 USD
2/5/2026201.37 USD
2/4/2026195.97 USD
2/3/2026190.66 USD
2/2/2026192.85 USD
2/1/2026188.03 USD
1/30/2026189.28 USD
1/29/2026189.28 USD
1/28/2026189.49 USD
1/27/2026189.58 USD
1/26/2026189.15 USD
1/25/2026189.92 USD
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1/21/2026189.45 USD
1/20/2026190.83 USD
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1/16/2026196.74 USD
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1/14/2026201.32 USD
1/13/2026195.19 USD
1/12/2026199.19 USD
1/11/2026199.61 USD
1/9/2026201.20 USD
1/8/2026201.20 USD
1/7/2026203.35 USD
1/6/2026202.00 USD
1/5/2026208.24 USD
1/4/2026207.01 USD
1/2/2026199.45 USD
1/1/2026199.45 USD
12/31/2025198.72 USD
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12/29/2025201.30 USD
12/28/2025201.14 USD
12/26/2025200.60 USD
12/25/2025200.60 USD
12/24/2025197.77 USD
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12/22/2025198.76 USD
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12/8/2025202.00 USD
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11/30/2025215.13 USD
11/28/2025216.84 USD
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11/24/2025218.46 USD
11/23/2025214.62 USD
11/21/2025191.96 USD
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11/19/2025186.68 USD
11/18/2025194.25 USD
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11/16/2025192.40 USD
11/14/2025192.91 USD
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11/12/2025196.66 USD
11/11/2025199.99 USD
11/10/2025198.32 USD
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11/7/2025205.26 USD
11/6/2025205.26 USD
11/5/2025204.19 USD
11/4/2025208.62 USD
11/3/2025207.73 USD
11/2/2025201.39 USD
10/31/2025206.49 USD
10/30/2025206.49 USD
10/29/2025208.62 USD
10/28/2025209.14 USD
10/27/2025204.62 USD
10/26/2025216.17 USD
10/23/2025210.38 USD
10/22/2025206.91 USD
10/21/2025205.12 USD
10/20/2025202.35 USD
10/19/2025202.11 USD
10/16/2025200.00 USD
10/15/2025199.13 USD
10/14/2025199.23 USD
10/13/2025196.33 USD
10/12/2025190.00 USD
10/9/2025189.58 USD
10/8/2025194.85 USD
10/7/2025200.48 USD
10/6/2025204.83 USD
10/5/2025199.76 USD
10/2/2025203.00 USD
10/1/2025203.38 USD
9/30/2025201.34 USD
9/29/2025203.04 USD
9/28/2025201.20 USD
9/25/2025202.00 USD
9/24/2025196.72 USD
9/23/2025196.63 USD
9/22/2025193.08 USD
9/21/2025194.06 USD
9/18/2025190.14 USD
9/17/2025190.29 USD
9/16/2025183.47 USD
9/15/2025182.82 USD
9/14/2025186.75 USD
9/11/2025192.82 USD
9/10/2025193.38 USD
9/9/2025191.78 USD
9/8/2025196.39 USD
9/7/2025192.47 USD
9/4/2025196.18 USD
9/3/2025192.52 USD
9/2/2025186.91 USD
9/1/2025185.35 USD
8/28/2025184.33 USD
8/27/2025184.53 USD
8/26/2025181.95 USD
8/25/2025180.04 USD
8/24/2025180.23 USD
8/21/2025179.50 USD
8/20/2025177.39 USD
8/19/2025181.94 USD
8/18/2025178.03 USD
8/17/2025171.33 USD
8/14/2025172.02 USD
8/13/2025172.36 USD
8/12/2025171.87 USD
8/11/2025170.48 USD
8/10/2025166.63 USD
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Tenet Healthcare Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
19.17 B USD
2.33 B USD
411.00 M USD
Jan 1, 2023
20.55 B USD
2.51 B USD
611.00 M USD
Jan 1, 2024
20.67 B USD
5.96 B USD
3.20 B USD
Jan 1, 2025
21.31 B USD
3.44 B USD
1.41 B USD
Jan 1, 2026 (e)
22.02 B USD
6.17 B USD
1.72 B USD
Jan 1, 2027 (e)
22.31 B USD
6.25 B USD
1.66 B USD
Jan 1, 2028 (e)
23.40 B USD
6.55 B USD
1.80 B USD
Jan 1, 2029 (e)
24.08 B USD
6.75 B USD
2.07 B USD

Tenet Healthcare Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 9, 2026, 8:08 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
16.6018.6319.6219.1818.3118.4817.6419.4919.1720.5520.6721.3122.0222.3123.4024.08
49.7512.235.30-2.25-4.520.91-4.5410.46-1.607.170.573.123.311.324.892.91
35.8435.8536.3935.4236.3736.3335.3237.3036.7637.9839.7282.2682.2682.2682.2682.26
5.956.687.146.796.666.716.237.277.057.818.2117.5318.1118.3519.2519.81
0.931.081.231.111.631.311.672.872.332.515.963.446.176.256.556.75
5.575.786.255.808.927.069.4914.7312.1712.2228.8216.1428.0128.0128.0128.01
0.01-0.14-0.19-0.700.10-0.220.400.910.410.613.201.411.721.661.802.07
-108.96-1,266.6737.14266.67-114.77-306.73-285.58129.07-55.0348.66423.73-56.0322.03-3.158.4814.47
101.2899.1999.65102.66102.79105.67107.24108.89106.37104.1795.8887.9287.9287.9287.9287.92
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Tenet Healthcare generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Tenet Healthcare retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Tenet Healthcare's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Tenet Healthcare has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Tenet Healthcare's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Tenet Healthcare stock margins

The Tenet Healthcare margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Tenet Healthcare. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Tenet Healthcare.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
37.30 %
14.73 %
4.69 %
Jan 1, 2022
36.76 %
12.17 %
2.14 %
Jan 1, 2023
37.98 %
12.22 %
2.97 %
Jan 1, 2024
39.72 %
28.82 %
15.49 %
Jan 1, 2025
82.26 %
16.14 %
6.60 %
Jan 1, 2026 (e)
82.26 %
28.02 %
7.80 %
Jan 1, 2027 (e)
82.26 %
28.02 %
7.46 %
Jan 1, 2028 (e)
82.26 %
28.02 %
7.71 %

Tenet Healthcare Stock Revenue, EBIT, Earnings per Share

The Tenet Healthcare earnings per share therefore indicates how much revenue Tenet Healthcare has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
178.94 USD
26.37 USD
8.39 USD
Jan 1, 2022
180.26 USD
21.93 USD
3.86 USD
Jan 1, 2023
197.26 USD
24.10 USD
5.87 USD
Jan 1, 2024
215.53 USD
62.12 USD
33.37 USD
Jan 1, 2025
242.39 USD
39.12 USD
16.00 USD
Jan 1, 2026 (e)
242.38 USD
70.16 USD
18.91 USD
Jan 1, 2027 (e)
245.58 USD
71.08 USD
18.32 USD
Jan 1, 2028 (e)
257.59 USD
74.56 USD
19.86 USD

Tenet Healthcare business model & stock analysis

Tenet Healthcare Corp is an American company in the healthcare industry and is one of the largest hospital and healthcare providers in the United States. The company was founded in Texas in 1969 and is headquartered in Dallas today.

Tenet Healthcare SWOT Analysis

Strengths

1. Leading healthcare provider in the industry with a strong market presence.

2. Diverse range of healthcare services, including hospitals, outpatient centers, and rehabilitation facilities.

3. Excellent reputation for delivering high-quality patient care and outcomes.

4. Strong financial performance and stable revenue streams.

5. Well-established relationships with insurance companies and other healthcare providers.

Weaknesses

1. Reliance on government reimbursement programs, which can be subject to changes in regulations and funding.

2. Vulnerability to legal and regulatory risks, such as medical malpractice claims and compliance issues.

3. Limited presence in certain geographic regions, which may limit potential growth opportunities.

4. Higher operating costs compared to some competitors due to the complexity of healthcare delivery.

5. Need for continuous investment in advanced technology and infrastructure.

Opportunities

1. Increasing demand for healthcare services due to aging population and chronic disease prevalence.

2. Expansion of telehealth services and digital healthcare solutions.

3. Collaborations and partnerships with other healthcare organizations to enhance service offerings.

4. Growing trend towards value-based care and population health management.

5. Potential acquisitions or mergers to strengthen market position and increase economies of scale.

Threats

1. Intense competition from other healthcare providers, both large systems and smaller local entities.

2. Potential healthcare reforms that could impact reimbursement rates and healthcare delivery models.

3. Increasing cost pressures and reimbursement challenges from insurance companies and government payers.

4. Rapid technological advancements leading to potential disruption in traditional healthcare practices.

5. Public perception challenges and reputational risks related to patient safety or quality of care concerns.

Tenet Healthcare Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Tenet Healthcare Employees
Details
Date
Tenet Healthcare Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Tenet Healthcare Segments

Tenet Healthcare Revenue by Segment (1/9)

  • 3 Years

  • 5 Years

  • Max

Net patient service revenues
Revenue from other sources
Management fees
Insurance Recoveries
Details
Date
Net patient service revenues
Revenue from other sources
Management fees
Insurance Recoveries
Jan 1, 2019
2.04 B USD
0.00 USD
95.00 M USD
0.00 USD
Jan 1, 2020
1.96 B USD
0.00 USD
86.00 M USD
0.00 USD
Jan 1, 2021
2.60 B USD
0.00 USD
86.00 M USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
3.71 B USD
29.00 M USD
123.00 M USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
3.00 M USD
Jan 1, 2025
4.96 B USD
216.00 M USD
0.00 USD
0.00 USD

Tenet Healthcare Revenue by Segment (2/9)

  • 3 Years

  • Max

Insurance Recoveries
Details
Date
Insurance Recoveries
Jan 1, 2019
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
6.00 M USD
Jan 1, 2023
34.00 M USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Tenet Healthcare Revenue by Segment (3/9)

  • 3 Years

  • 5 Years

  • Max

Net patient service revenues
Revenue from other sources
Management fees
Details
Date
Net patient service revenues
Revenue from other sources
Management fees
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
26.00 M USD
0.00 USD
Jan 1, 2021
0.00 USD
28.00 M USD
0.00 USD
Jan 1, 2022
3.12 B USD
23.00 M USD
110.00 M USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
4.36 B USD
30.00 M USD
148.00 M USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD

Tenet Healthcare Revenue by Segment (4/9)

  • 3 Years

  • 5 Years

  • Max

Revenue from other sources
Details
Date
Revenue from other sources
Jan 1, 2019
23.00 M USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Tenet Healthcare Revenue by Segment (5/9)

  • 3 Years

  • 5 Years

  • Max

Ambulatory Care
Conifer
Details
Date
Ambulatory Care
Conifer
Jan 1, 2019
0.00 USD
1.37 B USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
3.87 B USD
0.00 USD
Jan 1, 2024
4.53 B USD
0.00 USD
Jan 1, 2025
5.17 B USD
0.00 USD

Tenet Healthcare Revenue by Segment (6/9)

  • 3 Years

  • 5 Years

  • Max

Ambulatory Care
Hospital Operations and other
Details
Date
Ambulatory Care
Hospital Operations and other
Jan 1, 2019
0.00 USD
2.16 B USD
Jan 1, 2020
2.07 B USD
0.00 USD
Jan 1, 2021
2.72 B USD
0.00 USD
Jan 1, 2022
3.25 B USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

Tenet Healthcare Revenue by Segment (7/9)

  • 3 Years

  • Max

Conifer Segment
Details
Date
Conifer Segment
Jan 1, 2019
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
1.32 B USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Tenet Healthcare Revenue by Segment (8/9)

  • 3 Years

  • Max

Conifer Segment
Details
Date
Conifer Segment
Jan 1, 2019
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
1.27 B USD
Jan 1, 2022
0.00 USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Tenet Healthcare Revenue by Segment (9/9)

  • 3 Years

  • 5 Years

  • Max

Conifer
Details
Date
Conifer
Jan 1, 2019
0.00 USD
Jan 1, 2020
1.31 B USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Tenet Healthcare Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Tenet Healthcare historical P/E ratio, EBIT multiple, and P/S ratio

Tenet Healthcare annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Tenet Healthcare shares outstanding

The number of shares of Tenet Healthcare was 87.92 M in 2025. This indicates how many shares Tenet Healthcare is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
108.89 M Stocks
Jan 1, 2022
106.37 M Stocks
Jan 1, 2023
104.17 M Stocks
Jan 1, 2024
95.88 M Stocks
Jan 1, 2025
87.92 M Stocks
Jan 1, 2026 (e)
87.92 M Stocks
Jan 1, 2027 (e)
87.92 M Stocks
Jan 1, 2028 (e)
87.92 M Stocks

Tenet Healthcare stock splits

In Tenet Healthcare's history, there have been no stock splits.

Tenet Healthcare Dividend History

1 years of dividend payments

YearAnnual DividendYoY ChangePayments
20000.01USD—1×

Current Tenet Healthcare forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
85.71 % (24)
Hold
14.29 % (4)
Sell
0.00 % (0)
12M Price Target
244.80
Last Price
262.13
Currency
USD
12M Return Potential
-6.61 %
LTM Return
0 %

Tenet Healthcare Analyst Rating Actions

DateFirmActionRatingReliability
7/28/2026
Truist Securities
Truist Securities
MaintainedBuy–
7/28/2026
Guggenheim
Guggenheim
MaintainedBuy30
7/28/2026
Baird
Baird
MaintainedNeutral–
7/27/2026
UBS
UBS
MaintainedBuy51
7/27/2026
TD Cowen
TD Cowen
MaintainedBuy60
7/27/2026
RBC Capital
RBC Capital
MaintainedOutperform52
7/27/2026
Morgan Stanley
Morgan Stanley
MaintainedOverweight60
7/24/2026
Barclays
Barclays
MaintainedOverweight33
7/20/2026
Guggenheim
Guggenheim
MaintainedBuy30
7/13/2026
Wells Fargo
Wells Fargo
MaintainedOverweight56

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Tenet Healthcare Earnings Calls

2025

Tenet Healthcare Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/24/20264.27USD-5.48 BUSD-2026 Q2
4/30/20264.21USD-5.45 BUSD-2026 Q1
2/11/20264.07USD-5.53 BUSD-2025 Q4
4/23/20241.35USD-5.27 BUSD-2024 Q1
2/7/20241.55USD-5.30 BUSD-2023 Q4
7/19/20231.29USD-4.99 BUSD-2023 Q2
4/18/20231.42USD-4.99 BUSD-2023 Q1
2/6/20231.29USD-5.01 BUSD-2022 Q4
10/20/20221.26USD-4.89 BUSD-2022 Q3
7/21/20220.82USD-4.85 BUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Tenet Healthcare stock

53/100
37
Environment
49
Social
73
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy—
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions—
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees78
Percentage of women in management—
Percentage of Asian employees10.95
Share of Asian management—
Percentage of Hispanic/Latino employees23.08
Hispano/Latino Management share—
Percentage of Black employees15.54
Black Management Share—
Percentage of white employees47.29
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Tenet Healthcare shareholder structure

% Name
9.58313%
BLACKROCK, INC.
BLACKROCK, INC.
8.56140%
FMR LLC
FMR LLC
8.27754%
PRICE T ROWE ASSOCIATES INC /MD/
PRICE T ROWE ASSOCIATES INC /MD/
4.75255%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
4.30615%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
4.22199%
BOSTON PARTNERS
BOSTON PARTNERS
...

Tenet Healthcare Beneficial Ownership Filings (SEC 13D/G)

Free Float
102.5%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
17.95%
LAWRENCE M. ROBBINS
LAWRENCE M. ROBBINS
SEC ↗
12.00%
2.
2.
SEC ↗
11.00%
Waddell & Reed Investment Management Company Tax ID No. 48-1106973
Waddell & Reed Investment Management Company Tax ID No. 48-1106973
SEC ↗
11.00%
Waddell & Reed, Inc. Tax ID No. 43-1235675
Waddell & Reed, Inc. Tax ID No. 43-1235675
SEC ↗
11.00%
Waddell & Reed Financial Services, Inc. Tax ID No. 43-1414157
Waddell & Reed Financial Services, Inc. Tax ID No. 43-1414157
SEC ↗
11.00%
Waddell & Reed Financial, Inc. Tax ID No. 51-0261715
Waddell & Reed Financial, Inc. Tax ID No. 51-0261715
SEC ↗
11.00%
Ivy Investment Management Company Tax ID No. 03-0481447
Ivy Investment Management Company Tax ID No. 03-0481447
SEC ↗
10.13%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
9.40%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
8.80%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗

Tenet Healthcare Executives and Management Board

17 members · avg. age 62 · 35 % women

SS

Dr. Saumya Sutaria (52)

Chairman of the Board, Chief Executive Officer · since 2019

24.66 M USD

Management

TA

Mr. Thomas Arnst (62)

Executive Vice President, Chief Administrative Officer, General Counsel, Corporate Secretary

5.82 M USD
LF

Ms. Lisa Foo (34)

Chief Operating Officer

5.16 M USD
SP

Mr. Sun Park (49)

Chief Financial Officer, Executive Vice President

4.70 M USD
PA

Ms. Paola Arbour (61)

Executive Vice President, Chief Information Officer

3.38 M USD

Board of Directors

SK

Sen. J. Robert Kerrey (81)

Lead Independent Director

546,592.00 USD
TR

Ms. Tammy Romo (62)

Independent Director

365,548.00 USD
RF

Mr. Richard Fisher (76)

Independent Director

360,048.00 USD
MF

Ms. Meghan Fitzgerald (54)

Independent Director

350,048.00 USD
JB

Mr. James Bierman (72)

Independent Director

346,048.00 USD
RM

Mr. Richard Mark (69)

Independent Director

344,548.00 USD

Tenet Healthcare Supply Chain

Tenet Healthcare Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
14 companies
#Nameβ 1YTrend
1
The Interpublic Group of Companies, Inc.
Supplier
0.08
0.23
0.67
0.85
0.97
0.98
0.84
2
HCA Healthcare, Inc.
Supplier
-0.30
-0.22
0.76
0.84
0.95
0.98
0.62
3
Health Catalyst, Inc.
Supplier
0
0.12
-0.29
0.48
0.92
0.95
—
4
Evolent Health, Inc.
Supplier
-0.36
-0.09
0.66
0.59
0.92
0.93
—
5
AMN Healthcare Services, Inc.
Supplier
0.53
0.44
0.76
0.93
0.93
0.91
1.43
#Nameβ 1YTrend
1
Compass Group PLC
Supplier
0.53
0.35
-0.58
—
—
—
—
2
Sodexo S.A.
Supplier
0.50
0.33
—
—
—
—
—
3
Healthcare Realty Trust Incorporated
Supplier
-0.24
0.27
-0.11
-0.36
0.36
0.08
—

Frequently asked questions about Tenet Healthcare

Tenet Healthcare Corp represents a set of core values and corporate philosophy centered on inclusivity, integrity, and patient-centric care. The company is committed to delivering exceptional healthcare services to patients across various communities, ensuring access to quality care and improved health outcomes. Tenet Healthcare Corp promotes a culture of teamwork, innovation, and compassion, aiming to enhance the well-being of individuals and communities it serves. With a focus on integrity, Tenet Healthcare Corp strives to maintain strong ethical practices in all its operations, building trust and long-term relationships with patients, healthcare professionals, and stakeholders.

The business model of Tenet Healthcare Corp revolves around providing high-quality healthcare services to patients. As one of the leading healthcare services companies, Tenet operates a network of hospitals, outpatient centers, and clinics across the United States. Tenet's business model focuses on delivering exceptional patient care, investing in advanced technologies, and collaborating with healthcare professionals to ensure the best possible outcomes. Through its comprehensive range of medical services, innovative programs, and strategic partnerships, Tenet aims to improve the health and well-being of individuals and communities while fostering sustainable growth.

Tenet Healthcare Corp is primarily active in the healthcare industry.

The main competitors of Tenet Healthcare Corp in the market include HCA Healthcare Inc., Universal Health Services Inc., and Community Health Systems Inc.

Tenet Healthcare Corp, founded in 1967, is a leading healthcare services company based in Dallas, Texas. With a rich history and extensive background, Tenet has become a trusted name in the healthcare industry. Over the years, the company has grown and expanded its network, currently operating a diverse portfolio of hospitals, medical centers, and outpatient facilities across the United States. Tenet Healthcare Corp is committed to providing high-quality, patient-centered care, offering a wide range of healthcare services and specialties. With its strong reputation and innovative approach, Tenet continues to be at the forefront of advancing healthcare and improving patient outcomes.

Tenet Healthcare Corp has achieved several significant milestones. Firstly, the company expanded its presence by acquiring Vanguard Health Systems in 2013, which added more hospitals and healthcare facilities to its portfolio. Secondly, Tenet completed the acquisition of Aspen Healthcare in 2015, strengthening its foothold in the United Kingdom's private healthcare market. Furthermore, the company launched the Conifer Health Solutions subsidiary, providing revenue cycle management services. Additionally, Tenet Healthcare Corp received a spot on Fortune's "World's Most Admired Companies" list in 2020. These achievements showcase Tenet's strategic growth, global reach, and recognition as a leading healthcare provider.

Tenet Healthcare Corp is primarily present in the United States.

Analysts currently set an average price target of 240.39 USD for the Tenet Healthcare stock (median: 244.80 USD), implying -8.3 % versus the latest price. The consensus is based on 28 analyst ratings.

Tenet Healthcare Analyst Price Targets 2026

28 analysts currently rate the Tenet Healthcare stock: 24 recommend buying, 4 holding and 0 selling. For 2026, analysts expect Tenet Healthcare to generate revenue of 22.02 B USD and earnings per share of 19.54 USD.

Tenet Healthcare Analyst Price Targets 2026

Converted at the current exchange rate, the Tenet Healthcare share trades at 222.23 EUR (256.64 USD).

The Tenet Healthcare share (THC) is listed on 5 stock exchanges, including: NYSE (THC), Frankfurt (THC1.F), München (THC1.MU), Düsseldorf (THC1.DU), SIX (Zürich) (THC1.SW).

Tenet Healthcare Corp is a US company specializing in the operation of medical facilities. It was founded in 1967 and has since become one of the leading providers in the healthcare industry. Tenet Healthcare operates medical facilities in various states in the US and works closely with medical professionals and insurance companies. The business model of Tenet Healthcare includes a wide range of services tailored to the needs of different target groups. The services offered include: - General medicine: Tenet Healthcare operates a number of facilities offering general medical care. These include hospitals, health centers, and clinics that provide comprehensive medical care. - Specialized medicine: In addition to general medicine, Tenet Healthcare also specializes in certain fields, such as psychiatry, pediatrics, oncology, or cardiovascular medicine. In these areas, Tenet Healthcare provides high-quality medical care and innovative therapy approaches. - Emergency medicine: Tenet Healthcare operates emergency centers in many communities that can provide medical assistance around the clock. These facilities are equipped with state-of-the-art technology and an experienced medical team to help patients in emergency situations quickly and effectively. - Diagnostics and laboratory medicine: Tenet Healthcare also operates laboratories and diagnostic facilities that enable fast and accurate diagnosis of various conditions. In order to provide these services, Tenet Healthcare relies on a wide network of medical professionals. It employs doctors, nurses, therapists, and other medical experts who have years of experience and comprehensive training. In addition to medical care, Tenet Healthcare also operates a range of health programs and services to ensure comprehensive care for its customers. These programs include nutrition counseling, fitness programs, medical education, as well as support in selecting and using medical aids. Overall, Tenet Healthcare focuses on a vision that aims to improve medical care through innovative approaches and state-of-the-art technology. The company continuously invests in the development of new products and services to elevate medical care to a new level. This business model has led to strong growth and high customer satisfaction in recent years. Tenet Healthcare is now one of the leading companies in the healthcare industry and is valued as an important partner by medical professionals and insurance companies.

The expected revenue of Tenet Healthcare is 22.02 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Tenet Healthcare is 1.72 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Tenet Healthcare is currently 13.13. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Tenet Healthcare stock.

The price-to-sales ratio (P/S) of Tenet Healthcare is currently 1.02. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Tenet Healthcare stock.

The Eulerpool Quality Score for Tenet Healthcare is 4/10.

The ISIN of Tenet Healthcare is US88033G4073. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Tenet Healthcare is A1J5US. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Tenet Healthcare is THC. The ticker symbol is used to trade Tenet Healthcare shares on the stock exchange.

Tenet Healthcare paid dividends every year for the past 0 years.

Tenet Healthcare is assigned to the 'Health' sector.

To receive the latest dividend of Tenet Healthcare from amounting to 0.01 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

The dividends of Tenet Healthcare are distributed in USD.

All fundamentals and in-depth analysis of Tenet Healthcare

Our stock analysis for Tenet Healthcare stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tenet Healthcare. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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