THC - Tenet Healthcare Corp Stock Price, Fair Value and News

97.51USD-0.75 (-0.76%)Market Closed

Market Summary

USD97.51-0.75

Market Closed

-0.76%

THC Stock Price

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THC RSI Chart

THC Valuation

Market Cap

9.8B

Price/Earnings (Trailing)

7.49

Price/Sales (Trailing)

0.48

EV/EBITDA

6.93

Price/Free Cashflow

6.05

THC Price/Sales (Trailing)

THC Profitability

EBT Margin

7.87%

Return on Equity

81.53%

Return on Assets

4.63%

Free Cashflow Yield

16.52%

THC Fundamentals

THC Revenue

Revenue (TTM)

20.5B

Rev. Growth (Yr)

7.8%

Rev. Growth (Qtr)

6.18%

THC Earnings

Earnings (TTM)

1.3B

Earnings Growth (Yr)

66.42%

Earnings Growth (Qtr)

71.43%

Breaking Down THC Revenue

52 Week Range

57.7898.01

(Low)(High)

Last 7 days

2.3%

Last 30 days

-4.3%

Last 90 days

18.9%

Trailing 12 Months

38.7%

How does THC drawdown profile look like?

THC Financial Health

Current Ratio

1.51

Debt/Equity

9.25

Debt/Cashflow

0.16

THC Investor Care

Buy Backs (1Y)

2.23%

Diluted EPS (TTM)

5.71

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	19.4B	19.9B	20.2B	20.5B
2022	19.4B	19.1B	19.0B	19.2B
2021	17.9B	19.2B	19.5B	19.5B
2020	18.5B	17.5B	17.5B	17.6B
2019	18.2B	18.2B	18.3B	18.5B
2018	20.1B	19.4B	19.0B	18.3B
2017	20.8B	20.8B	20.5B	20.6B
2016	20.7B	21.1B	21.3B	21.1B
2015	18.4B	18.9B	19.5B	20.1B
2014	13.8B	15.5B	17.3B	17.9B
2013	10.0B	10.2B	10.4B	12.1B
2012	9.4B	9.6B	9.7B	9.9B
2011	9.1B	9.1B	9.1B	9.4B
2010	8.9B	8.9B	8.9B	9.0B
2009	0	8.7B	8.7B	8.8B
2008	0	0	0	8.6B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Tenet Healthcare Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 05, 2024	sutaria saumya	gifted	-	-	-125,000	chairman & ceo
Mar 12, 2024	mark richard j	sold	-1,385,720	98.98	-14,000	-
Mar 06, 2024	arbour paola m	sold	-1,761,570	96.96	-18,168	evp, chief information officer
Mar 01, 2024	sutaria saumya	acquired	-	-	36,384	chairman & ceo
Mar 01, 2024	arnst thomas w	sold	-1,612,230	94.8373	-17,000	evp, chief admin. officer & gc
Mar 01, 2024	arbour paola m	sold (taxes)	-103,908	94.29	-1,102	evp, chief information officer
Mar 01, 2024	arbour paola m	acquired	-	-	2,799	evp, chief information officer
Mar 01, 2024	ramsey r. scott	sold (taxes)	-32,152	94.29	-341	principal accounting officer
Mar 01, 2024	ramsey r. scott	acquired	-	-	1,399	principal accounting officer
Mar 01, 2024	arnst thomas w	acquired	-	-	5,597	evp, chief admin. officer & gc

Which funds bought or sold THC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	added	1,265	46,617,500	49,208,100	0.80%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.46	915,467	3,069,210	0.06%
Apr 23, 2024	AMALGAMATED BANK	reduced	-10.61	1,419,000	7,251,000	0.06%
Apr 23, 2024	FIFTH THIRD BANCORP	added	3.71	27,021	88,082	-%
Apr 23, 2024	BFSG, LLC	reduced	-22.66	18,045	256,469	0.03%
Apr 23, 2024	Venturi Wealth Management, LLC	added	388	7,440	8,725	-%
Apr 23, 2024	Gradient Investments LLC	unchanged	-	178	631	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	602,000	2,144,000	0.08%
Apr 23, 2024	Global Retirement Partners, LLC	added	68.42	3,651	6,727	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-19.79	813,374	7,850,980	-%

Are Funds Buying or Selling THC?

Are funds buying THC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own THC

No. of Funds

Unveiling Tenet Healthcare Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	price t rowe associates inc /md/	7.0%	7,131,750	SC 13G
Feb 14, 2024	harris associates l p	0038%	3,900	SC 13G/A
Feb 14, 2024	glenview capital management, llc	7.62%	7,742,322	SC 13G/A
Feb 13, 2024	vanguard group inc	10.94%	11,110,396	SC 13G/A
Feb 09, 2024	invesco ltd.	5.3%	5,422,099	SC 13G
Feb 02, 2024	blackrock inc.	10.7%	10,881,666	SC 13G/A
Mar 08, 2023	blackrock inc.	11.2%	11,498,067	SC 13G/A
Feb 14, 2023	harris associates l p	5.1%	5,463,374	SC 13G/A
Feb 14, 2023	glenview capital management, llc	8.23%	8,896,111	SC 13G/A
Feb 09, 2023	vanguard group inc	10.45%	11,304,003	SC 13G/A

Recent SEC filings of Tenet Healthcare Corp

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Apr 05, 2024	4	Insider Trading
Apr 01, 2024	8-K	Current Report
Mar 14, 2024	4	Insider Trading
Mar 12, 2024	144	Notice of Insider Sale Intent
Mar 08, 2024	4	Insider Trading
Mar 06, 2024	144	Notice of Insider Sale Intent
Mar 05, 2024	4	Insider Trading

Peers (Alternatives to Tenet Healthcare Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
UNH	449.3B	371.6B	0.31%	-0.92%	20.08	1.21	14.64%	11.24%
CI	103.0B	195.3B	-0.92%	38.85%	19.17	0.53	8.17%	-20.79%
CVS	85.3B	357.8B	-14.21%	-7.01%	10.21	0.24	10.95%	93.52%
HCA	84.4B	65.0B	-2.46%	13.22%	16.11	1.3	7.86%	-7.11%
CNC	40.8B	154.0B	-1.12%	9.99%	15.09	0.26	6.54%	124.79%
DVA	11.6B	12.1B	-1.51%	52.05%	16.83	0.96	4.57%	23.40%
UHS	11.5B	14.3B	-6.67%	17.96%	16.03	0.81	6.59%	6.24%
MID-CAP
CHE	9.3B	2.3B	-4.23%	9.23%	34.28	4.13	6.06%	9.17%
ACHC	6.6B	2.9B	-6.62%	-3.50%	-303.23	2.24	12.20%	-107.93%
AMN	2.2B	3.8B	-8.18%	-34.26%	10.28	0.57	-27.73%	-52.50%
AMEH	2.1B	1.4B	-5.68%	1.59%	33.78	1.48	21.19%	34.42%
SMALL-CAP
ADUS	1.5B	1.1B	-7.02%	-15.70%	24.79	1.46	11.31%	35.83%
BKD	1.3B	3.0B	4.49%	59.95%	-6.76	0.42	6.74%	20.73%
BEAT	54.0M	-	-6.82%	-	-3.69	-	-	-12.94%
AMS	19.1M	21.3M	14.29%	7.64%	35.87	0.9	8.00%	-62.25%

Tenet Healthcare Corp News

Latest updates

Tenet Healthcare Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	6.2%	5,379	5,066	5,082	5,021	4,990	4,801	4,638	4,745	4,856	4,894	4,954	4,781	4,915	4,557	3,648	4,520	4,806	4,568	4,560	4,545	4,619
EBITDA Margin	4.6%	0.16*	0.16*	0.16*	0.16*	0.16*	0.17*	0.19*	0.19*	0.19*	0.20*	0.15*	0.15*	-	-	-	-	-	-	-	-	-
Interest Expenses	0%	227	227	226	221	219	222	222	227	221	227	235	240	242	263	255	243	243	244	247	251	246
Income Taxes	-20.3%	63.00	79.00	80.00	84.00	47.00	112	86.00	99.00	108	197	61.00	45.00	130	-197	45.00	-75.00	85.00	22.00	33.00	20.00	53.00
Earnings Before Taxes	50.4%	519	345	373	380	321	380	265	378	528	774	319	267	676	-304	214	85.00	209	-125	152	84.00	148
EBT Margin	11.8%	0.08*	0.07*	0.07*	0.07*	0.07*	0.08*	0.10*	0.10*	0.10*	0.10*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Net Income	71.4%	456	266	293	296	274	268	179	280	419	578	257	222	546	-106	169	159	124	-146	121	72.00	102
Net Income Margin	13.9%	0.06*	0.06*	0.06*	0.05*	0.05*	0.06*	0.08*	0.08*	0.08*	0.08*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	88.4%	616	327	466	214	131	150	-33.00	73.00	53.00	321	123	413	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.6%	28,312	27,590	27,157	27,067	27,156	27,076	26,621	26,650	27,579	25,913	26,565	27,579	27,106	26,187	26,250	23,823	23,365	23,357	23,207	23,158	22,430
Current Assets	12.7%	7,167	6,359	5,995	5,869	5,981	5,998	6,064	6,128	1,176	6,905	7,417	6,699	1,309	7,808	7,947	5,388	1,180	4,789	4,704	4,582	842
Cash Equivalents	16.5%	1,228	1,054	934	766	858	1,208	1,351	1,405	2,364	2,292	2,194	2,141	2,446	3,300	3,514	613	262	314	249	252	411
Inventory	-0.5%	411	413	404	407	405	394	387	391	384	376	364	368	368	349	337	324	310	311	309	308	305
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,001	6,995	6,996	6,993
Goodwill	-1.0%	10,307	10,415	10,350	10,258	10,123	707	206	84.00	9,261	65.00	76.00	25.00	1,581	78.00	76.00	83.00	7,252	34.00	18.00	3.00	220
Liabilities	1.8%	22,804	22,409	22,156	22,262	22,548	22,501	22,510	22,236	23,322	22,230	23,362	23,546	24,217	24,186	24,056	21,794	21,422	21,393	21,028	21,045	20,302
Current Liabilities	7.4%	4,760	4,432	4,152	4,219	4,476	4,276	4,368	4,668	495	5,379	5,071	4,930	516	5,843	5,585	4,095	372	3,928	4,150	3,725	313
Long Term Debt	-0.1%	14,882	14,901	14,907	14,935	14,934	14,962	14,947	14,719	15,511	14,009	15,091	15,098	15,574	15,561	15,728	15,082	14,580	14,858	14,312	14,814	14,644
Shareholder's Equity	9.8%	1,608	1,464	2,724	2,580	1,142	2,507	2,114	2,056	2,054	1,635	1,169	1,016	937	522	633	503	437	448	670	618	624
Retained Earnings	56.0%	-192	-436	-537	-660	-803	-905	-1,036	-1,074	-1,214	-1,463	-1,912	-2,031	-2,128	-2,542	-2,346	-2,434	-2,513	-2,469	-2,237	-2,254	-2,236
Additional Paid-In Capital	0.3%	4,834	4,818	4,800	4,774	4,778	4,771	4,756	4,765	4,877	4,862	4,854	4,841	4,844	4,826	4,751	4,739	4,760	4,751	4,755	4,748	4,747
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,645	5,526	5,382	5,221
Shares Outstanding	0.1%	102	102	102	102	107	108	108	107	107	107	107	106	-	-	-	-	-	-	-	-	-
Minority Interest	6.7%	1,509	1,414	1,381	1,347	1,317	1,272	1,027	1,000	659	913	908	893	621	896	890	861	579	830	825	808	530
Float	-	-	-	6,400	-	-	-	5,600	-	-	-	5,400	-	-	-	1,100	-	-	-	1,200	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	63.8%	824	503	598	449	421	315	119	228	357	432	245	534	446	593	2,239	129	520	419	284	10.00	250
Share Based Compensation	20.0%	18.00	15.00	19.00	14.00	9.00	13.00	18.00	16.00	13.00	13.00	16.00	14.00	6.00	11.00	14.00	13.00	8.00	11.00	12.00	11.00	12.00
Cashflow From Investing	-97.0%	-333	-169	-181	-286	-306	-302	-140	-60.00	-1,516	997	-50.00	-145	-1,202	-117	-85.00	-204	-193	-123	-164	-139	-235
Cashflow From Financing	-48.1%	-317	-214	-249	-255	-465	-156	-33.00	-1,127	1,231	-1,331	-142	-694	-98.00	-690	747	426	-379	-231	-123	-30.00	-104
Buy Backs	-	110	-	40.00	50.00	250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

THC Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net operating revenues	$ 20,548	$ 19,174	$ 19,485
Grant income	16	194	191
Equity in earnings of unconsolidated affiliates	228	216	218
Operating expenses:
Salaries, wages and benefits	9,146	8,844	8,878
Supplies	3,590	3,273	3,328
Other operating expenses, net	4,515	3,998	4,206
Depreciation and amortization	870	841	855
Impairment and restructuring charges, and acquisition-related costs	137	226	85
Litigation and investigation costs	47	70	116
Net gains on sales, consolidation and deconsolidation of facilities	(23)	(1)	(445)
Operating income	2,510	2,333	2,871
Interest expense	(901)	(890)	(923)
Other non-operating income, net	19	10	14
Loss from early extinguishment of debt	(11)	(109)	(74)
Income from continuing operations, before income taxes	1,617	1,344	1,888
Income tax expense	(306)	(344)	(411)
Income from continuing operations, before discontinued operations	1,311	1,000	1,477
Discontinued operations:
Income (loss) from operations	0	1	(1)
Income (loss) from discontinued operations, net of tax	0	1	(1)
Net income	1,311	1,001	1,476
Less: Net income available to noncontrolling interests	700	590	562
Net income available to Tenet Healthcare Corporation common shareholders	611	411	914
Amounts available to Tenet Healthcare Corporation common shareholders:
Income from continuing operations, net of tax	611	410	915
Income (loss) from discontinued operations, net of tax	0	1	(1)
Net income available to Tenet Healthcare Corporation common shareholders	$ 611	$ 411	$ 914
Basic
Continuing operations (in dollars per share)	$ 6.01	$ 3.83	$ 8.56
Discontinued operations (in dollars per share)	0	0.01	(0.01)
Total earnings (loss) per share, Basic (in dollars per share)	6.01	3.84	8.55
Diluted
Continuing operations (in dollars per share)	5.71	3.78	8.43
Discontinued operations (in dollars per share)	0	0.01	(0.01)
Total earnings (loss) per share, Diluted (in dollars per share)	$ 5.71	$ 3.79	$ 8.42
Weighted average shares and dilutive securities outstanding (in thousands):
Basic (in shares)	101,639	106,929	106,833
Diluted (in shares)	104,800	110,516	108,571

THC Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,228	$ 858
Accounts receivable	2,914	2,943
Inventories of supplies, at cost	411	405
Assets held for sale	775	0
Other current assets	1,839	1,775
Total current assets	7,167	5,981
Investments and other assets	3,157	3,147
Deferred income taxes	77	19
Property and equipment, at cost, less accumulated depreciation and amortization ($6,478 at December 31, 2023 and $6,201 at December 31, 2022)	6,236	6,462
Goodwill	10,307	10,123
Other intangible assets, at cost, less accumulated amortization ($1,447 at December 31, 2023 and $1,428 at December 31, 2022)	1,368	1,424
Total assets	28,312	27,156
Current liabilities:
Current portion of long-term debt	120	145
Accounts payable	1,408	1,504
Accrued compensation and benefits	930	778
Professional and general liability reserves	254	255
Accrued interest payable	200	213
Liabilities held for sale	69	0
Other current liabilities	1,779	1,581
Total current liabilities	4,760	4,476
Long-term debt, net of current portion	14,882	14,934
Professional and general liability reserves	792	790
Defined benefit plan obligations	335	331
Deferred income taxes	326	217
Other long-term liabilities	1,709	1,800
Total liabilities	22,804	22,548
Commitments and contingencies
Redeemable noncontrolling interests in equity of consolidated subsidiaries	2,391	2,149
Shareholders’ equity:
Common stock, $0.05 par value; authorized 262,500 shares; 157,271 shares issued at December 31, 2023 and 156,462 shares issued at December 31, 2022	8	8
Additional paid-in capital	4,834	4,778
Accumulated other comprehensive loss	(181)	(181)
Accumulated deficit	(192)	(803)
Common stock in treasury, at cost, 57,321 shares at December 31, 2023 and 54,215 shares at December 31, 2022	(2,861)	(2,660)
Total shareholders’ equity	1,608	1,142
Noncontrolling interests	1,509	1,317
Total equity	3,117	2,459
Total liabilities and equity	$ 28,312	$ 27,156

About Tenet Healthcare Corp

Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates through three segments: Hospital Operations, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and/or coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb-salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, and telemedicine access services. In addition, it operates ambulatory surgery centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals. Further, the company offers end-to-end and focused-point business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.

CEO	Dr. Saumya Sutaria M.D.
WEBSITE	tenethealth.com
INDUSTRY	Healthcare Plans
EMPLOYEES	65535

Tenet Healthcare Corp Frequently Asked Questions

What is the ticker symbol for Tenet Healthcare Corp? What does THC stand for in stocks?

THC is the stock ticker symbol of Tenet Healthcare Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Tenet Healthcare Corp (THC)?

As of Wed Apr 24 2024, market cap of Tenet Healthcare Corp is 9.83 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of THC stock?

You can check THC's fair value in chart for subscribers.

What is the fair value of THC stock?

You can check THC's fair value in chart for subscribers. The fair value of Tenet Healthcare Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Tenet Healthcare Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for THC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Tenet Healthcare Corp a good stock to buy?

The fair value guage provides a quick view whether THC is over valued or under valued. Whether Tenet Healthcare Corp is cheap or expensive depends on the assumptions which impact Tenet Healthcare Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for THC.

What is Tenet Healthcare Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, THC's PE ratio (Price to Earnings) is 7.49 and Price to Sales (PS) ratio is 0.48. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. THC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Tenet Healthcare Corp's stock?

In the past 10 years, Tenet Healthcare Corp has provided 0.078 (multiply by 100 for percentage) rate of return.