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Upturn stock rating
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Tenet Healthcare Corporation (THC)

Upturn stock rating
$206.91
Last Close (24-hour delay)
Today's Top Performer Top performer
Profit since last BUY13.72%
upturn advisory
Strong Buy
BUY since 46 days
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Upturn Advisory Summary

10/23/2025: THC (4-star) is a STRONG-BUY. BUY since 46 days. Simulated Profits (13.72%). Updated daily EoD!

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

22 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $213.29

1 Year Target Price $213.29

Analysts Price Target For last 52 week
$213.29 Target price
52w Low $109.82
Current$206.91
52w High $217.43

Analysis of Past Performance

Type Stock
Historic Profit 125.09%
Avg. Invested days 55
Today’s Advisory Strong Buy
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/23/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 18.59B USD
Price to earnings Ratio 13.22
1Y Target Price 213.29
Price to earnings Ratio 13.22
1Y Target Price 213.29
Volume (30-day avg) 22
Beta 1.52
52 Weeks Range 109.82 - 217.43
Updated Date 10/24/2025
52 Weeks Range 109.82 - 217.43
Updated Date 10/24/2025
Dividends yield (FY) -
Basic EPS (TTM) 15.91

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-10-16
When -
Estimate 3.3
Actual -

Profitability

Profit Margin 7.18%
Operating Margin (TTM) 16.13%

Management Effectiveness

Return on Assets (TTM) 7.58%
Return on Equity (TTM) 29.65%

Valuation

Trailing PE 13.22
Forward PE 13.14
Enterprise Value 28518826380
Price to Sales(TTM) 0.9
Enterprise Value 28518826380
Price to Sales(TTM) 0.9
Enterprise Value to Revenue 1.38
Enterprise Value to EBITDA 6.18
Shares Outstanding 88351000
Shares Floating 87589414
Shares Outstanding 88351000
Shares Floating 87589414
Percent Insiders 0.76
Percent Institutions 100.02

ai summary icon Upturn AI SWOT

Tenet Healthcare Corporation

stock logo

Company Overview

overview logo History and Background

Tenet Healthcare Corporation was founded in 1967. It has grown through acquisitions and expansions, becoming one of the largest investor-owned hospital companies in the United States. Initially called National Medical Enterprises, it faced challenges in the 1990s related to billing practices, leading to a restructuring and rebranding to Tenet.

business area logo Core Business Areas

  • Hospital Operations: Tenet operates acute care hospitals and related healthcare facilities. This includes inpatient care, outpatient services, diagnostic imaging, and emergency services.
  • Ambulatory Care: Through United Surgical Partners International (USPI), Tenet operates ambulatory surgery centers (ASCs) and surgical hospitals. These facilities focus on outpatient surgical procedures.
  • Conifer Health Solutions (Divested): Provides revenue cycle management and other healthcare business process services to hospitals and health systems (Divested on November 1, 2022).

leadership logo Leadership and Structure

The CEO of Tenet Healthcare Corporation is Saum Sutaria. The company has a traditional corporate structure with executive leadership overseeing various departments, including operations, finance, legal, and strategy. The board of directors provides oversight and governance.

Top Products and Market Share

overview logo Key Offerings

  • Hospital Services: Tenet's core offering is hospital-based healthcare services, including inpatient and outpatient care. Competitors include HCA Healthcare, Universal Health Services, and Community Health Systems. Market share data is fragmented across local markets, but Tenet has a significant presence in several states. Revenue from hospital services constitutes the majority of Tenet's overall revenue.
  • Ambulatory Surgery Centers (ASCs): Through USPI, Tenet operates a large network of ASCs. This segment focuses on outpatient surgical procedures. Competitors include AmSurg and Surgical Care Affiliates. USPI holds a leading position in the market. Revenue from USPI represents a substantial portion of Tenet's revenue.

Market Dynamics

industry overview logo Industry Overview

The healthcare industry is characterized by increasing demand for services, regulatory changes, technological advancements, and consolidation. Factors like the aging population, chronic diseases, and advancements in medical technology drive demand. The industry faces challenges related to rising costs, reimbursement pressures, and regulatory compliance.

Positioning

Tenet Healthcare Corporation is a major player in the investor-owned hospital and ambulatory surgery center market. Its competitive advantages include its scale, geographic diversification, focus on high-growth markets, and investments in technology and quality improvement.

Total Addressable Market (TAM)

The US hospital and outpatient care market is estimated at over $1 trillion annually. Tenet Healthcare Corporation, with revenues in the tens of billions, holds a relatively small portion of the TAM, indicating significant growth potential. Tenet is well positioned to leverage its hospital networks and outpatient care offerings to capture more share of the TAM.

Upturn SWOT Analysis

Strengths

  • Large network of hospitals and ASCs
  • Geographic diversification
  • Focus on high-growth markets
  • Strong position in ambulatory surgery market (USPI)
  • Experienced management team

Weaknesses

  • High debt levels
  • Exposure to regulatory and legal risks
  • Reimbursement pressures
  • History of compliance issues
  • Dependence on government payers

Opportunities

  • Growing demand for healthcare services
  • Expansion of ASC network
  • Strategic acquisitions
  • Investment in technology and innovation
  • Increased focus on value-based care

Threats

  • Changes in healthcare regulations
  • Reimbursement cuts
  • Increased competition
  • Rising labor costs
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • HCA (HCA)
  • Universal Health Services (UHS)
  • Community Health Systems (CYH)

Competitive Landscape

Tenet competes with other for-profit and not-for-profit hospital systems. Tenet's strengths include its large network of hospitals and ASCs. Its weaknesses include its high debt levels and exposure to regulatory risks.

Major Acquisitions

USPI

  • Year: 2015
  • Acquisition Price (USD millions): 425
  • Strategic Rationale: Expanded Tenet's presence in the high-growth ambulatory surgery market.

Growth Trajectory and Initiatives

Historical Growth: Tenet has grown through acquisitions and organic growth. The divestiture of Conifer Health Solutions impacted revenue growth. Growth in the ambulatory surgery segment has been a key driver.

Future Projections: Analysts expect Tenet to continue to grow revenue through increased patient volume and strategic acquisitions. Continued expansion of the ambulatory surgery center network is expected. Earnings growth is expected to outpace revenue growth.

Recent Initiatives: Recent initiatives include strategic acquisitions of hospitals and ASCs, investments in technology and quality improvement, and efforts to reduce debt.

Summary

Tenet Healthcare Corporation is a major player in the healthcare industry, holding its own against main competitors. It shows stable growth via expansion of its ambulatory surgery center (ASC) network and through strategic acquisitions. Although Tenet has a significant amount of debt and exposure to regulatory and legal risks, the company has been focusing on deleveraging its balance sheet. Tenet needs to continue with efforts to reduce debt while capitalizing on the increasing demand for healthcare services and focus on higher growth in markets.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings (SEC), Investor presentations, Analyst reports, Market research reports

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may vary. Financial data is subject to change. Projections are based on analyst estimates and are not guaranteed.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Tenet Healthcare Corporation

Exchange NYSE
Headquaters 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 74480
Full time employees 74480

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 in heart, liver, and kidney transplants; 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, such as orthopedics, total joint replacement, and spinal and other musculoskeletal procedures; gastroenterology; pain management; otolaryngology; ophthalmology; and urology. It operates hospitals, ambulatory surgery centers, urgent care centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.