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Upturn AI Summary - About
Tenet Healthcare Corporation(THC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for THC
09/25/2026: THC (4-star) is a SELL. SELL for 2 days. Simulated Profits (22.49%). Updated daily EoD!
Tenet Healthcare is a prominent U.S. operator of acute care hospitals and ambulatory surgery centers, with a specific focus on the fast-growing outpatient surgical market through its USPI subsidiary. The company has successfully shifted its business model toward higher-margin ambulatory services, which currently serves as its primary growth engine. While Tenet benefits from strong physician partnerships and a nationwide footprint, it faces risks related to significant debt levels, labor costs, and sensitivity to regulatory reimbursement. The stock may suit growth-oriented investors looking for exposure to the healthcare services transition, though it is not an income play as it does not pay dividends. Investors should monitor hospital divestiture trends and ambulatory growth metrics.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company's heavy emphasis on the growing ambulatory surgery market provides a clear growth narrative. |
| Momentum investor | Strong fit while signal remains positive | The stock has historically responded to shifts in its business model and margin improvement trends. |
| Value investor | Mixed fit | While the business has improved, valuation must be balanced against the inherent debt risks of the healthcare sector. |
| Dividend investor | Weak fit | Tenet does not pay a cash dividend, making it unsuitable for income-focused portfolios. |
| Low-risk investor | Weak fit | The company's leverage and sensitivity to regulatory and labor trends lead to significant price volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Healthcare stocks often fluctuate based on policy news and sector sentiment. |
| Valuation risk | Medium | Changes in interest rates can impact the valuation of capital-intensive healthcare companies. |
| Competition risk (Hospital/Outpatient Services) | High | Tenet faces fierce competition from large hospital systems and specialized outpatient surgical centers. |
| Business quality | Medium | While the pivot to USPI has improved quality, legacy acute care hospitals remain resource-intensive. |
| Dividend income | Low / none | The absence of a dividend prevents this stock from serving as an income vehicle. |
| Execution risk | Medium | Successfully managing a network of diverse clinical facilities requires complex operational execution. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 73.59% | Avg. Invested days 46 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 20.91B USD | Price to earnings Ratio 10.04 | 1Y Target Price 284.64 |
Price to earnings Ratio 10.04 | 1Y Target Price 284.64 | ||
Volume (30-day avg) 794.1K shares | Beta 1.23 | 52 Weeks Range 157.58 - 283.05 | Updated Date 09/25/2026 |
52 Weeks Range 157.58 - 283.05 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 25.88 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Ambulatory Surgery (USPI) | Outpatient surgical procedures performed in specialized centers. | This is Tenet's primary growth engine, focusing on efficient, high-volume, and lower-cost outpatient care. |
| Acute Care Hospitals | Inpatient admissions, emergency services, and complex surgeries. | A stable but lower-growth segment that requires heavy capital and labor investment. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 10.04 | Forward PE 12.53 | Enterprise Value 32.18B | Price to Sales(TTM) 0.96 |
Enterprise Value 32.18B | Price to Sales(TTM) 0.96 | ||
Enterprise Value to Revenue 1.4 | Enterprise Value to EBITDA 5.69 | Shares Outstanding 80.52M | Shares Floating 79.68M |
Shares Outstanding 80.52M | Shares Floating 79.68M | ||
Percent Insiders 0.97 | Percent Institutions 101.92 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Tenet Healthcare Corporation
Exchange NYSE | Headquarters Dallas, TX, United States | ||
IPO Launch date 1982-01-04 | Chairman & CEO Dr. Saumya Sutaria M.D. | ||
Sector Healthcare | Industry Medical Care Facilities | Full time employees 77000 | Website https://www.tenethealth.com |
Full time employees 77000 | Website https://www.tenethealth.com | ||
Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. 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; tertiary care services, such as cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; pediatric quaternary care services through heart, liver, and kidney transplants programs; and limb salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging technology, surgical robotic, and telemedicine access services. In addition, it offers a range of procedures and services comprising orthopedics, total joint replacement, and spinal and other musculoskeletal procedures; gastroenterology; pain management; otolaryngology; ophthalmology; and urology. Further, the company operates acute care and specialty hospitals, off-campus emergency departments, imaging centers, urgent care centers, and micro-hospitals, as well as ambulatory surgery centers and surgical hospitals. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.
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