THC — Tenet Healthcare Corporation price, chart and key statistics

Price data

Price

$283.33

YTD price return

+42.58%

YTD total return

+42.58%

Market cap

22.5B2016-12 1.5B2026-11 22.5B+1425.1% over the window

Enterprise value

36.8B

Shares outstanding

79.6M2016-09 99.6M2026-09 79.6M-20.1% over the window

52W low

$157.58

52W high

$301.44

From 52W high

-6.01%

From 52W low

+79.80%

52W range

87%$158–$301

Beta

1.22

Volume

Rel volume

0.83×

30D volume

763.9K

30D $ vol

206.2M

Insider trading

Insider net 1WNo open-market insider purchase or sale with a transaction date in the last 7 days, as filed on Form 4.

none

Insider net 1MNo open-market insider purchase or sale with a transaction date in the last 30 days, as filed on Form 4.

none

Insider net 3M0 insider-days of buying (no priced lot) and 7 of selling ($40.5M) in the last 91 days, by transaction date, open-market transactions only — awards, exercises, tax withholding and employee-plan purchases are not counted. A Form 4 is filed within two business days of the trade, so the newest days may not be in yet.

−$40.5M

Insider net 1Y0 insider-days of buying (no priced lot) and 20 of selling ($62.5M) in the last 365 days, by transaction date, open-market transactions only — awards, exercises, tax withholding and employee-plan purchases are not counted. A Form 4 is filed within two business days of the trade, so the newest days may not be in yet.

−$62.5M

Form 4 transactions by trade date, as filed; latest on file 2026-09-14.

Fundamentals

Sales (ttm)

22.2B2016-12 19.6B2026-09 22.2B+12.9% over the window

Sales/share

$278.362016-12 $196.582026-09 $278.36+41.6% over the window

EPS (ttm)

$34.102016-09 -$2.122026-09 $34.10-1710.8% over the window

FCF (ttm)

3.3B2016-09 152M2026-09 3.3B+2089.5% over the window

FCF/share

$41.822016-09 $1.532026-09 $41.82+2641.0% over the window

Book value/share

$68.402016-09 $5.302026-09 $68.40+1190.8% over the window

Net margin

13.09%2016-12 -1.0%2026-09 13.1%-1437.3% over the window

ROE

53.25%2016-09 -39.8%2026-09 53.3%-233.9% over the window

ROA

9.18%2016-09 -0.9%2026-09 9.2%-1169.4% over the window

Debt / equity

2.40×2016-09 27.132026-09 2.40-91.1% over the window

Current ratio

1.582016-09 1.132026-09 1.58+40.9% over the window

Growth (CAGR, ttm) · 10Y

Sales

+6.23%2025-09-30 → 2026-09-3020.9B → 22.2B (+6.2% total)+3.19%2023-09-30 → 2026-09-3020.2B → 22.2B (+9.9% total)+2.54%2021-09-30 → 2026-09-3019.5B → 22.2B (+13.4% total)+1.25%2016-12-31 → 2026-09-3019.6B → 22.2B (+12.9% total)

Net income

+114.22%2025-09-30 → 2026-09-301.4B → 2.9B (+114.1% total)+83.50%2023-09-30 → 2026-09-30469M → 2.9B (+518.1% total)+21.86%2021-09-30 → 2026-09-301.1B → 2.9B (+168.7% total)n/a

FCF

+121.69%2025-09-30 → 2026-09-301.5B → 3.3B (+121.6% total)+42.99%2023-09-30 → 2026-09-301.1B → 3.3B (+192.4% total)+23.96%2021-09-30 → 2026-09-301.1B → 3.3B (+192.7% total)+36.16%2016-09-30 → 2026-09-30152M → 3.3B (+2089.5% total)

Shares

-9.45%2025-09-30 → 2026-09-3087.9M → 79.6M (-9.4% total)-7.80%2023-09-30 → 2026-09-30101.6M → 79.6M (-21.6% total)-5.77%2021-09-30 → 2026-09-30107.1M → 79.6M (-25.7% total)-2.22%2016-09-30 → 2026-09-3099.6M → 79.6M (-20.1% total)

Per-share growth (CAGR, ttm) · 10Y

EPS

+133.96%2025-09-30 → 2026-09-30$14.58 → $34.10 (+133.8% total)+96.93%2023-09-30 → 2026-09-30$4.46 → $34.10 (+664.1% total)+27.83%2021-09-30 → 2026-09-30$9.99 → $34.10 (+241.3% total)n/a

Sales/share

+17.31%2025-09-30 → 2026-09-30$237.31 → $278.36 (+17.3% total)+11.93%2023-09-30 → 2026-09-30$198.51 → $278.36 (+40.2% total)+8.82%2021-09-30 → 2026-09-30$182.44 → $278.36 (+52.6% total)+3.63%2016-12-31 → 2026-09-30$196.58 → $278.36 (+41.6% total)

FCF/share

+144.82%2025-09-30 → 2026-09-30$17.09 → $41.82 (+144.7% total)+55.09%2023-09-30 → 2026-09-30$11.21 → $41.82 (+273.1% total)+31.56%2021-09-30 → 2026-09-30$10.61 → $41.82 (+294.0% total)+39.25%2016-09-30 → 2026-09-30$1.53 → $41.82 (+2641.0% total)

Book value/share

+49.81%2025-09-30 → 2026-09-30$45.67 → $68.40 (+49.8% total)+68.02%2023-09-30 → 2026-09-30$14.42 → $68.40 (+374.5% total)+58.97%2021-09-30 → 2026-09-30$6.74 → $68.40 (+914.9% total)+29.15%2016-09-30 → 2026-09-30$5.30 → $68.40 (+1190.8% total)

Price

+38.79%2025-11-06 → 2026-11-06$204.19 → $283.33 (+38.8% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+73.10%2023-11-06 → 2026-11-06$54.61 → $283.33 (+418.8% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+30.29%2021-11-05 → 2026-11-06$75.42 → $283.33 (+275.7% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+31.90%2016-11-04 → 2026-11-06$17.75 → $283.33 (+1496.2% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.

Total return

+38.79%2025-11-06 → 2026-11-06$204.19 → $283.33 (+38.8% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+73.10%2023-11-06 → 2026-11-06$54.61 → $283.33 (+418.8% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+30.29%2021-11-05 → 2026-11-06$75.42 → $283.33 (+275.7% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+31.90%2016-11-04 → 2026-11-06$17.75 → $283.33 (+1496.2% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.

Fundamentals end at the last reported quarter; price and total return end at the latest close.

Valuation

P/E (ttm)Price ÷ TTM diluted EPS. Net income carries everything below the operating line, including one-off gains. Negative when the trailing year lost money.

8.3×2016-12 -7.042026-11 7.78-210.5% over the window

P/OI (ttm)Price ÷ TTM operating income. Excludes the below-the-line items that make P/E jump — mark-to-market gains, settlements, tax true-ups.

4.2×2016-12 1.152026-11 4.18+262.1% over the window

Fwd P/E

14.0×

P/S (ttm)Market cap ÷ TTM revenue.

1.0×2018-03 0.132026-11 1.02+696.2% over the window

P/B (mrq)Market cap ÷ stockholders' equity at the most recent quarter end.

4.1×2016-12 2.802026-11 4.14+47.9% over the window

P/FCF (ttm)Market cap ÷ TTM free cash flow (operating cash flow − capex).

6.8×2016-12 9.732026-11 6.78-30.3% over the window

EV/EBITDA (fy)

5.8×

EV/Sales (ttm)

1.7×

FCF yield (ttm)TTM free cash flow ÷ market cap — the inverse of P/FCF.

14.76%2016-09 10.3%2026-09 16.4%+59.2% over the window

Buyback yield (realized, 1y)1 − shares_at(2026-09-30) ÷ shares_at(2025-09-30) = 1 − 79.6M ÷ 87.9M. Point-in-time share counts from the company's own SEC filings (the same count at both ends), published only when the cash flow statement shows repurchases inside that window. A falling price can't inflate it; negative means net dilution.

9.45%

Shareholder yield (realized, 1y)Buyback leg + dividend leg: shares retired over the year (9.45%) + dividends paid over that year ($0) ÷ market_cap_at(2025-09-30) ($17.8B). Both legs are measured against the start of the window, so a payout can't shrink its own denominator.

9.45%

Buyback yield (cash, ttm)Buybacks net of issuance over the trailing twelve months ($1.8B) ÷ today's market cap ($22.5B). Dollars SPENT over what the company is worth NOW — a stock that fell after buying reads high.

8.04%2016-09 2.7%2026-09 8.9%+229.5% over the window

Shareholder yield (cash, ttm)(TTM buybacks net of issuance $1.8B + TTM dividends $0) ÷ today's market cap ($22.5B). Same caveat as the cash buyback yield.

8.04%2016-09 2.7%2026-09 8.9%+229.5% over the window

Vs own 10Y history

P/E

28th

P/OI

89th

P/S

100th

P/B

35th

P/FCF

47th