Tenet Healthcare Corporation (THC)

NYSE • Healthcare

$258.62

+$4.65 (+1.8%)

Market closed

Last close at October 2, 2026 at 20:00 UTC

Open$255.38

Day Range$254.98 - $260.99

Avg. Volume (3M)757.2K

Market Cap$20.8B

P/E Ratio9.9

52 Week Range

$157.58$283.05

Next EarningsIn 25 daysOct 29, 2026

Metrics Over Time

Where the Money Goes

Q2 2026

Revenueeverything earned$5.6B100%

Gross Profitminus cost of goods$1B18%

Operating Incomeminus R&D and overhead$1B18%

Net Incomeminus taxes and the rest$826M15%

In plain terms: out of every $100 in revenue, Tenet Healthcare Corporation keeps $15 as net profit.

Fundamentals & Financials

Revenue (TTM)

$21.8B

Net Income (TTM)

$2.2B

EPS (TTM)

$26.12

ROA (TTM)

7.31%

Current Ratio

1.41

Dividend Yield

TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.

Income Statement

Balance Sheet

Financial Highlights

Dividends History

Split History

Earnings

+40.1%Q3 2025$4.02

+10.8%Q4 2025$3.7

+15.5%Q1 2026$4.7

+15.6%Q2 2026$4.82

+43.7%Q3 2026$6.12

Oct 29

in 25 daysQ4 2026

% — EPS deviation from the forecast (beat / miss); quarters without a forecast show the reported EPS

Latest report — Q3 2026

Beat +43.7%

Based on preliminary results, Tenet Healthcare’s revenue rose nearly 3% to roughly $5.4 billion in the first fiscal quarter of 2026, while operating margin held near 16%. Operating income came in at about $882 million, and net income climbed 73% to about $702 million from $406 million a year ago. The company generated operating cash flow of $585 million and repurchased $1.04 billion of stock.

Next report — what to expect

Tenet Healthcare Corporation (THC) reports next on October 27, 2026. Wall Street expects EPS of $4.67 on revenue of $5.49 billion. For trailing context, revenue grew +6.8% year over year last quarter. Tenet has beaten EPS in 8 of its 8 most recent quarters, a key setup into the print.

View full earnings history

About Tenet Healthcare Corporation

Tenet Healthcare Corporation (NYSE: THC) operates hospitals, ambulatory centers, and healthcare service businesses in the U.S. healthcare sector. Across medical care facilities and related services, it generated $21.3 billion of revenue in FY2025 through acute-care hospitals, outpatient platforms, and business process operations that support providers and employer clients.

Name

Tenet Healthcare Corporation

CEO

Saumya Sutaria

Website

www.tenethealth.com

Industry

Healthcare

Year Founded

1975

Employees

88,500

Today's Snapshot

AI-generated

THC closed 1.8% above yesterday's close, while its sector was flat. Cantor Fitzgerald, an investment bank, reiterated its Overweight rating on Tenet Healthcare.

Trading Volume

Below 10d avg (595.8K)

549.3K

vs S&P 500 Today

Outperforming Market

+1.05%

Updated: October 2, 2026 at 20:23 UTC

THC Headlines

Healthcare stocks fall after weak US jobs data

March 6, 2026

3 min read

View All News

Technical Indicators

4 Buy2 Neutral2 Sell

THC is trading in the mid-200s and presents a mixed short-term picture, leaving the technicals essentially neutral. Momentum measures are tepid—RSI sits near the midpoint while MACD is modestly negative—while the ADX indicates only limited trend strength, suggesting neither side has a clear edge. Price is marginally above the 10-day averages but near the 20-day band and well above the 200-day trend, and on-balance volume is positive, supporting recent buying. Volatility is moderate, with average true range around single-digit dollars. Technical takeaway: Neutral—short-term signals are mixed and trend strength remains weak.

All signals