Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
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
11/13/2026: THC (4-star) is a STRONG-BUY. BUY for 22 days. Simulated Profits (3.96%). Updated daily EoD!
Tenet Healthcare Corporation is a major U.S. operator of hospitals and outpatient surgical centers, increasingly known for its high-margin ambulatory surgery platform, USPI. The company's primary strength lies in its strategic shift toward outpatient surgical care, which is less capital-intensive and generally more profitable than traditional inpatient hospital services. The investment story centers on this transition, though investors must monitor risks related to significant corporate debt, labor market pressures, and potential changes in government reimbursement policies. Tenet may suit growth-oriented investors looking for exposure to the shift toward outpatient medical care, provided they are comfortable with the inherent regulatory and execution risks in the healthcare sector.
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 focus on the fast-growing ambulatory surgical services market provides a compelling growth narrative. |
| Momentum investor | Strong fit while signal remains positive | Strong operational performance and margin expansion have historically driven positive price momentum. |
| Value investor | Mixed fit | Valuation is often tied to market perceptions of healthcare policy risks and debt levels, making it a complex value play. |
| Dividend investor | Weak fit | The company does not pay a cash dividend, focusing capital on growth and debt repayment instead. |
| Low-risk investor | Weak fit | High leverage and regulatory exposure create volatility that may not suit conservative investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | The stock is sensitive to changes in healthcare policy and broader market sentiment regarding medical services. |
| Valuation risk | Medium | Market valuations can fluctuate based on perceived shifts in the regulatory environment for hospital providers. |
| Competition risk (Hospital and ASC operators) | Medium | Tenet faces constant competitive pressure from both large hospital systems and specialized outpatient providers. |
| Business quality | Medium | While the ambulatory business is high-quality, the legacy hospital business carries higher operational risks. |
| Dividend income | Low / none | The absence of a dividend removes this stock as a candidate for income-focused portfolios. |
| Execution risk | Medium | Successfully managing the shift in patient care settings and reducing debt requires consistent operational excellence. |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 22.76B USD | Price to earnings Ratio 8.34 | 1Y Target Price 307.32 |
Price to earnings Ratio 8.34 | 1Y Target Price 307.32 | ||
Volume (30-day avg) 800.3K shares | Beta 1.2 | 52 Weeks Range 157.58 - 301.44 | Updated Date 11/13/2026 |
52 Weeks Range 157.58 - 301.44 | Updated Date 11/13/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 34.29 |
Sector & Industry Intelligence
Sector
Healthcare
Bullish- Sentiment
- Strong Bullish
- Momentum
- Momentum Steady
- BUY participation
- 62.6%
- Active BUY / eligible
- 72 / 115
- 30-Day BUY Count Change
- +35
- Market state
- Strong Bullish
The number of qualifying BUY stocks has remained relatively stable.
Industry
Medical Care Facilities
- BUY participation
- 88.9%
- Active BUY / eligible
- 8 / 9
- 30-Day BUY Count Change
- +6
Sector signal summarizes BUY breadth conditions for the sector. It does not override this stock’s BUY, SELL, or PASS advisory.
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 80.46% | Avg. Invested days 44 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/13/2026 |
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
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Ambulatory Care (USPI) | Outpatient surgical centers, surgical hospitals, and imaging centers. | This is the growth engine of the company, focusing on efficient, elective, and outpatient surgical procedures. |
| Hospital Operations | Acute care hospitals, emergency rooms, and inpatient specialized services. | This provides the core service volume but is more capital-intensive and subject to higher labor cost fluctuations. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-10-29 | When Before Market | Estimate 4.6 | Actual 6.64 |
Profitability
Profit Margin 13.09% | Operating Margin (TTM) 19.12% |
Management Effectiveness
Return on Assets (TTM) 8.68% | Return on Equity (TTM) 41.7% |
Valuation
Trailing PE 8.34 | Forward PE 15.08 | Enterprise Value 33.40B | Price to Sales(TTM) 1.03 |
Enterprise Value 33.40B | Price to Sales(TTM) 1.03 | ||
Enterprise Value to Revenue 1.41 | Enterprise Value to EBITDA 5.19 | Shares Outstanding 79.59M | Shares Floating 78.75M |
Shares Outstanding 79.59M | Shares Floating 78.75M | ||
Percent Insiders 0.98 | Percent Institutions 100.43 |
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.