StocksFundsScreenerSectorsWatchlists
THC

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

95.94USD-2.33 (-2.37%)Market Closed

Market Summary

THC
USD95.94-2.33
Market Closed
-2.37%

THC Alerts

  • 1 major insider sales recently.

THC Stock Price

View Fullscreen

THC RSI Chart

THC Valuation

Market Cap

9.6B

Price/Earnings (Trailing)

7.32

Price/Sales (Trailing)

0.47

EV/EBITDA

6.86

Price/Free Cashflow

5.91

THC Price/Sales (Trailing)

THC Profitability

EBT Margin

7.87%

Return on Equity

81.53%

Return on Assets

4.63%

Free Cashflow Yield

16.92%

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

Last 7 days

-5.1%

Last 30 days

-4.4%

Last 90 days

19.4%

Trailing 12 Months

44.6%

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
YearQ1Q2Q3Q4
202319.4B19.9B20.2B20.5B
202219.4B19.1B19.0B19.2B
202117.9B19.2B19.5B19.5B
202018.5B17.5B17.5B17.6B
201918.2B18.2B18.3B18.5B
201820.1B19.4B19.0B18.3B
201720.8B20.8B20.5B20.6B
201620.7B21.1B21.3B21.1B
201518.4B18.9B19.5B20.1B
201413.8B15.5B17.3B17.9B
201310.0B10.2B10.4B12.1B
20129.4B9.6B9.7B9.9B
20119.1B9.1B9.1B9.4B
20108.9B8.9B8.9B9.0B
200908.7B8.7B8.8B
20080008.6B
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>

PurpleZone


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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold THC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 16, 2024
SummerHaven Investment Management, LLC
added
1.32
268,643
924,968
0.58%
Apr 16, 2024
Congress Park Capital LLC
reduced
-1.91
504,709
1,889,980
0.84%
Apr 16, 2024
180 WEALTH ADVISORS, LLC
new
-
240,912
240,912
0.04%
Apr 16, 2024
Financial Management Professionals, Inc.
unchanged
-
-
1,000
-%
Apr 15, 2024
Concurrent Investment Advisors, LLC
new
-
205,324
205,324
0.01%
Apr 15, 2024
Sunbelt Securities, Inc.
unchanged
-
29,894
106,371
0.01%
Apr 15, 2024
ATLAS CAPITAL ADVISORS LLC
added
223
725,171
932,535
0.15%
Apr 15, 2024
Counterpoint Mutual Funds LLC
new
-
280,749
280,749
0.07%
Apr 15, 2024
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
new
-
269,607
269,607
-%
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
new
-
2,312
2,312
-%

1–10 of 45

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 FiledName of FilerPercent of ClassNo. of SharesForm 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)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
441.4B
371.6B
-1.70% -5.10%
19.72
1.19
14.64% 11.24%
101.2B
195.3B
-1.86% 33.27%
18.83
0.52
8.17% -20.79%
86.3B
357.8B
-11.58% -9.18%
10.33
0.24
10.95% 93.52%
82.3B
65.0B
-4.91% 14.61%
15.7
1.27
7.86% -7.11%
38.5B
154.0B
-6.56% 4.41%
14.25
0.25
6.54% 124.79%
11.2B
12.1B
-6.85% 52.87%
16.19
0.92
4.57% 23.40%
11.1B
14.3B
-9.76% 16.96%
15.45
0.78
6.59% 6.24%
MID-CAP
9.1B
2.3B
-6.80% 8.45%
33.56
4.04
6.06% 9.17%
6.5B
2.9B
-10.10% -6.68%
-299.27
2.21
12.20% -107.93%
2.1B
3.8B
-10.37% -33.80%
10.13
0.56
-27.73% -52.50%
2.1B
1.4B
-5.48% -7.06%
34.14
1.49
21.19% 34.42%
SMALL-CAP
1.6B
1.1B
-4.65% -11.57%
25.05
1.48
11.31% 35.83%
1.2B
3.0B
5.90% 51.29%
-6.47
0.41
6.74% 20.73%
56.9M
-
-6.90% 0.47%
-3.88
-
- -12.94%
18.7M
21.3M
15.18% 4.04%
35.15
0.88
8.00% -62.25%

Tenet Healthcare Corp News

Latest updates
Yahoo Movies Canada14 Apr 202409:14 pm
Yahoo Movies UK13 Apr 202406:35 pm
InvestorsObserver27 Mar 202402:21 pm
CNN13 Mar 202410:56 am

Tenet Healthcare Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue6.2%5,3795,0665,0825,0214,9904,8014,6384,7454,8564,8944,9544,7814,9154,5573,6484,5204,8064,5684,5604,5454,619
EBITDA Margin4.6%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 Expenses0%227227226221219222222227221227235240242263255243243244247251246
Income Taxes-20.3%63.0079.0080.0084.0047.0011286.0099.0010819761.0045.00130-19745.00-75.0085.0022.0033.0020.0053.00
Earnings Before Taxes50.4%519345373380321380265378528774319267676-30421485.00209-12515284.00148
EBT Margin11.8%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 Income71.4%456266293296274268179280419578257222546-106169159124-14612172.00102
Net Income Margin13.9%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 Cashflow88.4%616327466214131150-33.0073.0053.00321123413---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.6%28,31227,59027,15727,06727,15627,07626,62126,65027,57925,91326,56527,57927,10626,18726,25023,82323,36523,35723,20723,15822,430
  Current Assets12.7%7,1676,3595,9955,8695,9815,9986,0646,1281,1766,9057,4176,6991,3097,8087,9475,3881,1804,7894,7044,582842
    Cash Equivalents16.5%1,2281,0549347668581,2081,3511,4052,3642,2922,1942,1412,4463,3003,514613262314249252411
  Inventory-0.5%411413404407405394387391384376364368368349337324310311309308305
  Net PPE------------------7,0016,9956,9966,993
  Goodwill-1.0%10,30710,41510,35010,25810,12370720684.009,26165.0076.0025.001,58178.0076.0083.007,25234.0018.003.00220
Liabilities1.8%22,80422,40922,15622,26222,54822,50122,51022,23623,32222,23023,36223,54624,21724,18624,05621,79421,42221,39321,02821,04520,302
  Current Liabilities7.4%4,7604,4324,1524,2194,4764,2764,3684,6684955,3795,0714,9305165,8435,5854,0953723,9284,1503,725313
  Long Term Debt-0.1%14,88214,90114,90714,93514,93414,96214,94714,71915,51114,00915,09115,09815,57415,56115,72815,08214,58014,85814,31214,81414,644
Shareholder's Equity9.8%1,6081,4642,7242,5801,1422,5072,1142,0562,0541,6351,1691,016937522633503437448670618624
  Retained Earnings56.0%-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 Capital0.3%4,8344,8184,8004,7744,7784,7714,7564,7654,8774,8624,8544,8414,8444,8264,7514,7394,7604,7514,7554,7484,747
Accumulated Depreciation------------------5,6455,5265,3825,221
Shares Outstanding0.1%102102102102107108108107107107107106---------
Minority Interest6.7%1,5091,4141,3811,3471,3171,2721,0271,000659913908893621896890861579830825808530
Float---6,400---5,600---5,400---1,100---1,200--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations63.8%8245035984494213151192283574322455344465932,23912952041928410.00250
  Share Based Compensation20.0%18.0015.0019.0014.009.0013.0018.0016.0013.0013.0016.0014.006.0011.0014.0013.008.0011.0012.0011.0012.00
Cashflow From Investing-97.0%-333-169-181-286-306-302-140-60.00-1,516997-50.00-145-1,202-117-85.00-204-193-123-164-139-235
Cashflow From Financing-48.1%-317-214-249-255-465-156-33.00-1,1271,231-1,331-142-694-98.00-690747426-379-231-123-30.00-104
  Buy Backs-110-40.0050.00250----------------

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 income16194191
Equity in earnings of unconsolidated affiliates228216218
Operating expenses:   
Salaries, wages and benefits9,1468,8448,878
Supplies3,5903,2733,328
Other operating expenses, net4,5153,9984,206
Depreciation and amortization870841855
Impairment and restructuring charges, and acquisition-related costs13722685
Litigation and investigation costs4770116
Net gains on sales, consolidation and deconsolidation of facilities(23)(1)(445)
Operating income2,5102,3332,871
Interest expense(901)(890)(923)
Other non-operating income, net191014
Loss from early extinguishment of debt(11)(109)(74)
Income from continuing operations, before income taxes1,6171,3441,888
Income tax expense(306)(344)(411)
Income from continuing operations, before discontinued operations1,3111,0001,477
Discontinued operations:   
Income (loss) from operations01(1)
Income (loss) from discontinued operations, net of tax01(1)
Net income1,3111,0011,476
Less: Net income available to noncontrolling interests700590562
Net income available to Tenet Healthcare Corporation common shareholders611411914
Amounts available to Tenet Healthcare Corporation common shareholders:   
Income from continuing operations, net of tax611410915
Income (loss) from discontinued operations, net of tax01(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)00.01(0.01)
Total earnings (loss) per share, Basic (in dollars per share)6.013.848.55
Diluted   
Continuing operations (in dollars per share)5.713.788.43
Discontinued operations (in dollars per share)00.01(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)101,639106,929106,833
Diluted (in shares)104,800110,516108,571

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 receivable2,9142,943
Inventories of supplies, at cost411405
Assets held for sale7750
Other current assets1,8391,775
Total current assets 7,1675,981
Investments and other assets3,1573,147
Deferred income taxes7719
Property and equipment, at cost, less accumulated depreciation and amortization ($6,478 at December 31, 2023 and $6,201 at December 31, 2022)6,2366,462
Goodwill10,30710,123
Other intangible assets, at cost, less accumulated amortization ($1,447 at December 31, 2023 and $1,428 at December 31, 2022)1,3681,424
Total assets 28,31227,156
Current liabilities:  
Current portion of long-term debt120145
Accounts payable1,4081,504
Accrued compensation and benefits930778
Professional and general liability reserves254255
Accrued interest payable200213
Liabilities held for sale690
Other current liabilities1,7791,581
Total current liabilities 4,7604,476
Long-term debt, net of current portion14,88214,934
Professional and general liability reserves792790
Defined benefit plan obligations335331
Deferred income taxes326217
Other long-term liabilities1,7091,800
Total liabilities 22,80422,548
Commitments and contingencies
Redeemable noncontrolling interests in equity of consolidated subsidiaries2,3912,149
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, 202288
Additional paid-in capital4,8344,778
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’ equity1,6081,142
Noncontrolling interests 1,5091,317
Total equity 3,1172,459
Total liabilities and equity $ 28,312$ 27,156
THC
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
 WEBSITEtenethealth.com
 INDUSTRYHealthcare Plans
 EMPLOYEES65535

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 17 2024, market cap of Tenet Healthcare Corp is 9.59 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 17 2024, THC's PE ratio (Price to Earnings) is 7.32 and Price to Sales (PS) ratio is 0.47. 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 0.092 (multiply by 100 for percentage) rate of return.