Tenet Healthcare Corp (THC) stock
THCNYSEServices-General Medical & Surgical Hospitals, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 13/3036% below fair value
$286.86−6.11 (-2.09%)
Close on Nov 12, 2026Market cap $22.83BP/E 8.3Yield –
Tenet Healthcare statistics
92 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Feb 10, 2027 (estimated, before the open)
- Last ex-dividend date
- Mar 13, 2000
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 12, 2026
Valuation ratiosIndustry
- P/OCF Ratio
- 5.39
- 14.89
Enterprise valuationIndustry
- EV / Sales
- 1.60
- 1.67
- EV / EBIT
- 6.55
- 20.39
- EV / FCF
- 10.63
- 24.39
Share statisticsIndustry
- Shares Change (YoY)
- -8.43%
- 2.40%
- Float
- 79M
- 35M
- Shares Held by Insiders
- 0.97%
- 15.2%
- Shares Held by Institutions
- 101.2%
- 83.6%
Short sellingIndustry
- Short Interest
- 2M
- –
- Short Interest Change
- -3.28%
- -0.86%
- Short % of Float
- 2.25%
- 6.37%
- Short % of Shares Outstanding
- 2.23%
- 4.21%
- Days to Cover
- 2.19
- 4.41
Stock price statisticsIndustry
- 52-Week High
- $301.44
- –
- 52-Week Low
- $157.58
- –
- 20-Day Moving Average
- $275.71
- –
- 50-Day Moving Average
- $267.40
- –
- 200-Day Moving Average
- $224.34
- –
- Average True Range (14)
- $10.94
- –
- Price Change (1 Week)
- 0.14%
- -0.16%
- Price Change (1 Month)
- 5.62%
- 0.10%
- Price Change (3 Months)
- 7.08%
- 1.86%
- Price Change (6 Months)
- 44.5%
- 15.1%
- Price Change (YTD)
- 44.4%
- 5.96%
- Price Change (1 Year)
- 44.6%
- 8.30%
- Price Change (3 Years)
- 422.8%
- 20.9%
- Price Change (5 Years)
- 262.5%
- -13.8%
- Price Change (10 Years)
- 1871.5%
- 187.3%
- Average Volume (10 Days)
- 1M
- –
- Average Volume (20 Days)
- 928,803
- –
- Average Volume (90 Days)
- 934,953
- –
- Relative Volume
- 0.68
- 0.77
- Relative Strength Index (14)
- 59.5
- 46.5
- Volatility (1 Year)
- 43.5%
- 63.0%
- Beta (5 Years)
- 1.13
- 0.77
MarginsIndustry
- EBITDA Margin
- 28.4%
- 3.36%
- FCF Margin
- 15.0%
- 2.98%
Returns on capitalIndustry
- Return on Invested Capital (ROIC)
- 28.2%
- 4.69%
- Return on Capital Employed (ROCE)
- 20.6%
- 0.40%
Financial positionIndustry
- Current Ratio
- 1.58
- 1.41
- Quick Ratio
- 0.99
- 0.99
- Debt / Equity
- 2.43
- 0.69
- Debt / EBITDA
- 2.10
- 2.57
- Debt / FCF
- 3.98
- 4.04
- Net Debt / EBITDA
- 1.68
- 2.14
- Interest Coverage
- 6.61
- -0.63
GrowthIndustry
- Revenue Growth (YoY)
- 6.22%
- 9.63%
- EPS Growth (YoY)
- 136.5%
- 19.0%
- FCF Growth (YoY)
- 121.6%
- -6.64%
- Revenue Growth (3Y CAGR)
- 3.58%
- 11.3%
- Revenue Growth (5Y CAGR)
- 3.85%
- 12.6%
- EPS Growth (3Y CAGR)
- 59.9%
- 19.8%
- EPS Growth (5Y CAGR)
- 32.8%
- 9.29%
EfficiencyIndustry
- Asset Turnover
- 0.73
- 0.81
- Revenue Per Employee
- $221.54K
- $235.26K
- Employee Count
- 100,000
- 910
- WACC
- 8.47%
- 8.16%
Income statement (TTM)Industry
Balance sheetIndustry
- Net Cash (Debt)
- -$10.57B
- $119.40K
- Net Cash Per Share
- -$132.80
- $0.00
- Equity (Book Value)
- $5.44B
- $235.60M
- Book Value Per Share
- $68.40
- $3.91
- Tangible Book Value
- -$7.42B
- $1.59M
- Working Capital
- $3.11B
- $30.06M
Cash flow (TTM)Industry
- Capital Expenditures
- -$910.00M
- -$15.83M
- FCF Per Share
- $41.82
- $0.36
Dividends and yieldsIndustry
- FCF Yield
- 14.6%
- 2.58%
- Buyback Yield
- 7.94%
- 0.99%
- Shareholder Yield
- 7.94%
- 1.58%
Taxes and interestIndustry
- Interest Expense
- $817.00M
- $7.37M
- Income Tax
- $918.00M
- $564.50K
Scores and fair valueIndustry
- Graham Number
- $230.36
- $21.25
- Graham Upside
- -19.7%
- -49.9%
- Altman Z-Score
- 2.31
- 2.24
- Lynch Fair Value
- $862.00
- –
- Lynch Upside
- 200.5%
- -24.2%
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | THC | S&P 500 | Difference | THC per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +6.7% | -2.7% | +9.4 pts | ||
| 3 months | +7.5% | -1.7% | +9.3 pts | ||
| Year to date | +44.4% | +11.9% | +32.5 pts | ||
| 1 year | +43.4% | +12.0% | +31.5 pts | ||
| 3 years | +433.3% | +78.2% | +355.1 pts | +74.7% | +21.2% |
| 5 years | +262.5% | +73.2% | +189.3 pts | +29.4% | +11.6% |
| 10 years | +1871.5% | +309.6% | +1561.9 pts | +34.7% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
2M THC shares were sold short on Oct 30, 2026, down 3.3% from the previous report, or 2.25% of the shares available to trade. At recent volumes it would take 2.2 days to buy them back. Over the last 20 sessions, 47.3% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 1,775,956 | -3.3% | 811,923 | 2.2 |
| Oct 15, 2026 | 1,836,265 | +0.5% | 552,659 | 3.3 |
| Sep 30, 2026 | 1,827,936 | -9.3% | 862,621 | 2.1 |
| Sep 15, 2026 | 2,015,270 | +6.8% | 717,517 | 2.8 |
| Aug 31, 2026 | 1,887,387 | -25.2% | 746,597 | 2.5 |
| Aug 14, 2026 | 2,522,244 | -21.2% | 812,116 | 3.1 |
| Jul 31, 2026 | 3,200,670 | +7.5% | 1,592,522 | 2.0 |
| Jul 15, 2026 | 2,978,330 | -20.3% | 1,328,605 | 2.2 |
| Jun 30, 2026 | 3,737,273 | -7.9% | 1,309,728 | 2.9 |
| Jun 15, 2026 | 4,056,323 | +23.8% | 1,520,198 | 2.7 |
| May 29, 2026 | 3,275,200 | +31.1% | 1,426,617 | 2.3 |
| May 15, 2026 | 2,498,616 | +14.4% | 1,632,926 | 1.5 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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