Tenet Healthcare Corp (THC) company profile
Close on Nov 13, 2026Market cap $22.76BP/E 8.3Yield –
About Tenet Healthcare
Services-General Medical & Surgical Hospitals, NEC, SIC 8062
Tenet Healthcare Corporation is a diversified healthcare services company that provides patient care and administrative solutions through two primary operating segments: Hospital Operations and Services, and Ambulatory Care. The company offers acute and specialty inpatient hospital care, emergency treatment, general and specialized surgeries, intensive care, diagnostic imaging, and outpatient therapy. Through its Conifer Health Solutions business, it also delivers revenue cycle management and value-based care administrative services. Tenet's customers comprise patients seeking medical and surgical treatments, as well as institutional clients including unaffiliated hospitals, health systems, physician practices, self-insured employers, and health plans.
At year-end 2025, the company's care delivery network included 50 acute care and specialty hospitals across eight U.S. states and 132 outpatient centers located primarily in Arizona and Texas. Its ambulatory platform held ownership interests in 533 ambulatory surgery centers and 26 surgical hospitals spanning 37 states, while its revenue cycle services supported approximately 600 client facilities nationwide. Tenet employs nearly 100,000 workers across all 50 U.S. states, the District of Columbia, and an administrative support center in the Philippines. The company is headquartered in Dallas, Texas.
Summary of the business section of Tenet Healthcare's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Tenet Healthcare Corp
- Founded
- 1967
- Headquarters
- Dallas, TX
- Address
- 14201 Dallas Parkway 75254
- Phone
- (469) 893-2200
- Website
- tenethealth.com
- Employees
- 100,000, Dec 31, 2025
- Industry
- Services-General Medical & Surgical Hospitals, NEC
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- DELOITTE & TOUCHE LLP, Dallas, Texas
Stock & identifiers
- Ticker
- THC
- Exchange
- NYSE
- Shares outstanding
- 80M, Oct 23, 2026
- Public float
- $12.20B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-4 reverse, Oct 11, 2012; 3-for-2, Jul 1, 2002; 2-for-1, Sep 16, 1991; 5-for-4, Apr 27, 1983
- SEC CIK
- 70318
- CUSIP
- 88033G407
- ISIN
- US88033G4073
- FIGI
- BBG000CPHYL4
- Share class FIGI
- BBG001S70FY0
- LEI
- 0W9AIBT6U6ADJ2I8HK17
- EIN
- 95-2557091
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Saumya Sutaria | CEO, Director | 433,564 |
| Lisa Y. Foo | EVP, Chief Operating Officer | 8,053 |
| Paola M. Arbour | EVP, Chief Information Officer | 18,413 |
| John Michael Grooms | Principal Accounting Officer | – |
| Thomas W. Arnst | EVP, Chief Admin. Officer & GC | 12 |
| Michael T. Maloney | EVP, Corporate Development | 101,990 |
| R. Scott Ramsey | Principal Accounting Officer | 1,398 |
| Sun Park | EVP & Chief Financial Officer | 23,049 |
| Roy Blunt | Director | 3,589 |
| J. Robert Kerrey | Director | 16,796 |
| Richard J. Mark | Director | 25,121 |
| Nadja West | Director | 23,653 |
| Cecil D. Haney | Director | 12,403 |
| Tammy Romo | Director | 28,284 |
| Christopher S. Lynch | Director | 9,568 |
| James L. Bierman | Director | 31,604 |
| Vineeta Agarwala | Director | 4,446 |
| Richard W. Fisher | Director | 10,125 |
| Meghan Fitzgerald | Director | 17,087 |
| Stephen H. Rusckowski | Director | 5,233 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $43.11M | $149.38M | $7.77M | $498 | $148 |
| FY2024 | $24.66M | $88.89M | $4.76M | $316 | $129 |
| FY2023 | $18.52M | $63.88M | $4.66M | $189 | $126 |
| FY2022 | $11.05M | -$9.11M | $6.92M | $122 | $124 |
| FY2021 Dr.Sutaria | $21.15M | $50.39M | $4.79M | $205 | $126 |
| FY2021 Mr.Rittenmeyer | $18.67M | $34.15M | $4.79M | $205 | $126 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Saum Sutaria Chairman and Chief Executive Officer | $1.50M | – | $31.68M | $9.00M | $931.60K | $43.11M | +75% |
| Sun Park EVP and Chief Financial Officer | $700.00K | $2.00M | $2.72M | $1.75M | $201.55K | $7.37M | +57% |
| Tom Arnst EVP, Chief Administrative Officer, General Counsel and Corporate Secretary | $650.00K | $4.00M | $3.74M | $1.46M | $196.92K | $10.05M | +73% |
| Lisa Foo EVP and Chief Operating Officer | $650.00K | $4.00M | $3.38M | $1.32M | $193.71K | $9.54M | +85% |
| Paola Arbour EVP and Chief Information Officer | $550.00K | $1.00M | $1.39M | $1.03M | $121.39K | $4.10M | +21% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“At December 31, 2025, we employed nearly 100,000 people (of which approximately 23% were part‑time and on-call employees) in our two reporting segments, as follows:”
Corporate history
Events identified from SEC filings
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