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Tenet Healthcare Corporation (THC)

US · Healthcare · Medical Care Facilities

$283.33-1.09%
Last close · 2026-11-06

Latest quarter · ended 2026-09-30

Revenue
$6.28B
Revenue YoY
+18.7%
Net profit
$1.00B
Profit YoY
+192.4%
EPS
$6.64
EPS estimate
$4.60
Net margin
15.9%

EPS came in at 6.64 against a street estimate of 4.60 — a beat of 44.3%.

Key statistics

Market cap
$22.80B
P/E
8.4
Forward P/E
15.4
P/B
4.27
Book value
$68.41
EPS (TTM)
$34.29
52-week high
$301.44
52-week low
$157.58
50-day MA
$264.80
200-day MA
$221.39
Beta
1.20

Analyst view

Analysts rate Tenet Healthcare Corporation a buy (19 buy, 4 hold, 0 sell out of 23) with an average price target of $304.14.

From the latest earnings call · 2026-10-29

CONFIDENT Tenet delivered strong Q3 growth, raised 2026 EBITDA and free-cash-flow guidance, and expects enterprise EBITDA growth in 2027 excluding $450 million of one-time Conifer transition benefits. Q3 FY26 Management highlighted exchange pressure and Medicaid expansion exposure but did not provide a geographic regional breakdown. Analysts focused on commercial pricing, Medicaid and exchange exposure, Conifer normalization, surgical growth and hospital margin durability. Management emphasized strong payer visibility, cost controls, diversified growth and continued EBITDA growth excluding one-time transition benefits. 2026-10-29…

Full summary in the app.

Shareholding

Insiders
0.98%
Institutions
102.55%

Largest institutional holders

FundStake
BlackRock Inc10.99%
T. Rowe Price Associates, Inc.10.00%
Boston Partners Global Investors, Inc5.57%
Vanguard Portfolio Management, LLC5.33%
FMR Inc5.02%
Vanguard Capital Management, LLC4.89%
State Street Corp3.46%
Glenview Capital Management LLC2.81%

Recent filings & reports

DocumentDate
Quarterly report · Q3 2026
HEADLINE NUMBERS • Third-quarter 2026 net operating revenues were $5,631 million, up from $5,289 million in the third quarter of 2025. • Nine-month
2026-10-29
Results announced · Q4 2026
HEADLINE NUMBERS • Third-quarter 2026 net operating revenues were $5,631 million, up 6.5% from $5,289 million in third quarter 2025. • Net income av
2026-10-29
Material agreement · Q3 2026
TENET HEALTHCARE CORPORATION – 8-K SUMMARY HEADLINE NUMBERS • Company issued $2,000,000,000 in aggregate principal amount of 6.250% senior notes due
2026-09-22
Reg FD disclosure · Q3 2026
TENET HEALTHCARE CORPORATION – FORM 8-K SUMMARY HEADLINE NUMBERS • Company issuing $2.0 billion in 6.250% senior notes due 2034 • Notes priced on Se
2026-09-08
Quarterly report · Q2 2026
TENET HEALTHCARE CORPORATION – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Net operating revenues (6M 2026): $10,996 million vs. $10,494 million (6M 202
2026-07-29
Results announced · Q3 2026
TENET HEALTHCARE CORPORATION – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income available to common shareholders in Q2 2026: $826 million, or
2026-07-23
Shareholder vote results · Q2 2026
TENET HEALTHCARE CORPORATION – 8-K SUMMARY HEADLINE NUMBERS • Annual Meeting of Shareholders held May 27, 2026 • All 12 director candidates elected
2026-05-29
Quarterly report · Q1 2026
TENET HEALTHCARE CORPORATION - Q1 2026 SUMMARY HEADLINE NUMBERS • Net operating revenues: $5,368 million (Q1 2026) vs. $5,223 million (Q1 2025) - up
2026-04-30

Readable in the app.

Deals & corporate news

AnnouncementDate
Omnibus agreement with CommonSpirit Health regarding Conifer restructuring
Tenet Healthcare announced on February 2, 2026, that its 2025 Adjusted EBITDA will reach the upper end of its $4.47-4.57 billion guidance range, indicating strong operational performance. Ad
2026-02-02

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Other Healthcare companies

Data updated 2026-11-07.