THC

MKT CAP:$16B

Tenet Healthcare Corporation

Market Cap

$16B

Healthcare·Medical - Care Facilities·🇺🇸 United States·NYSE

Healthcare·Medical·🇺🇸·NYSE

Stock Price

$191.26-$8.19 (-4.11%)

Apr 20, 2026

Company Details

Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates in three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operat...

CEO

Saumya Sutaria

IPO Date

Mar 17, 1980

Website

www.tenethealth.com

Key Metrics TTM

Revenue

$5.5B

— YoY

Net Income

$371M

EPS (Diluted)

$4.22

Free Cash Flow

$367M

Revenue / Share

$62.87

Gross Margin

41.5%

Operating Margin

15.4%

Net Margin

6.7%

FCF Margin

6.6%

P/S

2.8x

P/E

42.4x

Earnings Reports

Q1 2026

Apr 30, 2026

PENDING

FY 2025

Feb 17, 2026

$21.3BEPS $15.49

Q4 2025

Feb 17, 2026

$5.5BEPS $4.22

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 25	$5.5B	$2.3B	$853M

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 25	$731M	$367M

Capital Expenditures

Quarter	CapEx
Q4 25	$364M

CapEx

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 25	$25M	0.5%

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$1.4B	$0	$1.4B
Q2 22	$1.4B	$0	$1.4B
Q3 22	$1.2B	$0	$1.2B
Q4 22	$858M	$0	$858M
Q1 23	$766M	$0	$766M
Q2 23	$934M	$0	$934M
Q3 23	$1.1B	$0	$1.1B
Q4 23	$1.2B	$0	$1.2B
Q1 24	$2.5B	$0	$2.5B
Q2 24	$2.9B	$0	$2.9B
Q3 24	$4.1B	$0	$4.1B
Q4 24	$3.0B	$0	$3.0B
Q1 25	$3.0B	$0	$3.0B
Q2 25	$2.6B	$0	$2.6B
Q3 25	$3.0B	$0	$3.0B
Q4 25	$2.9B	$0	$2.9B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 25	88M	—	—

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 25	$55.3K	100K

Revenue / Employee