Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
THC 
Tenet Healthcare Corporation (THC)
Top performer
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
07/03/2025: THC (4-star) is a STRONG-BUY. BUY since 43 days. Profits (15.85%). Updated daily EoD!
Upturn Star Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Number of Analysts
22 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $186.83
1 Year Target Price $186.83
| 12 | Strong Buy |
| 5 | Buy |
| 5 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 118.96% | Avg. Invested days 54 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 15.93B USD | Price to earnings Ratio 11 | 1Y Target Price 186.83 |
Price to earnings Ratio 11 | 1Y Target Price 186.83 | ||
Volume (30-day avg) 22 | Beta 1.67 | 52 Weeks Range 109.82 - 178.76 | Updated Date 07/3/2025 |
52 Weeks Range 109.82 - 178.76 | Updated Date 07/3/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 15.59 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 7.09% | Operating Margin (TTM) 18.88% |
Management Effectiveness
Return on Assets (TTM) 7.26% | Return on Equity (TTM) 28.82% |
Valuation
Trailing PE 11 | Forward PE 14.51 | Enterprise Value 26167654700 | Price to Sales(TTM) 0.78 |
Enterprise Value 26167654700 | Price to Sales(TTM) 0.78 | ||
Enterprise Value to Revenue 1.28 | Enterprise Value to EBITDA 5.74 | Shares Outstanding 92885000 | Shares Floating 92150280 |
Shares Outstanding 92885000 | Shares Floating 92150280 | ||
Percent Insiders 0.73 | Percent Institutions 99.1 |
Upturn AI SWOT
Tenet Healthcare Corporation
Company Overview
History and Background
Tenet Healthcare Corporation was founded in 1967. It has grown through acquisitions and expansions to become one of the largest for-profit hospital systems in the United States. Key milestones include acquisitions of various hospital groups and the development of outpatient service lines.
Core Business Areas
- Hospital Operations: This segment involves owning and operating acute care hospitals and related healthcare facilities. These facilities provide a range of medical services, including general and specialty surgery, internal medicine, obstetrics, emergency care, and diagnostic services.
- Ambulatory Care: This segment focuses on outpatient services, including surgical hospitals, ambulatory surgery centers (ASCs), imaging centers, and other related healthcare facilities.
- Conifer Health Solutions: Conifer Health Solutions provides revenue cycle management and other healthcare support services to hospitals, health systems, physician groups, and other healthcare providers. (Note: Conifer was divested in 2022.)
Leadership and Structure
The leadership team typically consists of a CEO, CFO, COO, and other executive officers. The organizational structure is hierarchical, with regional and facility-level management reporting to corporate leadership. Saum Sutaria is the current CEO.
Top Products and Market Share
Key Offerings
- Acute Care Hospital Services: These services encompass inpatient medical care, surgeries, and emergency room services. Market share is fragmented across the US, varying by region. Competitors include HCA Healthcare (HCA), Community Health Systems (CYH), and Universal Health Services (UHS).
- Ambulatory Surgery Centers (ASCs): ASCs provide outpatient surgical procedures. Tenet operates a significant network of ASCs. Competitors include AmSurg and Surgery Partners (SGRY), although the ASC market is relatively fragmented.
- Imaging Services: Diagnostic imaging services provided on an outpatient basis. Competitors include RadNet and other regional imaging providers.
Market Dynamics
Industry Overview
The healthcare industry is characterized by increasing demand due to an aging population and advances in medical technology. It faces challenges such as rising costs, regulatory changes, and reimbursement pressures.
Positioning
Tenet Healthcare is a major player in the for-profit hospital and ambulatory care sectors. Its competitive advantages include its scale, geographic diversification, and expertise in revenue cycle management (although Conifer was divested).
Total Addressable Market (TAM)
The US hospital market size is estimated at over $1 trillion annually. Tenet, with roughly $20 billion revenue, holds a small single-digit percentage of the total market. The ambulatory surgery center market is projected to be over $50 billion. Tenet is positioned to expand in both segments, but is also subject to heavy regulatory risk.
Upturn SWOT Analysis
Strengths
- Extensive network of hospitals and ASCs
- Strong brand recognition in some markets
- Experienced management team
- Focus on operational efficiency
Weaknesses
- High debt levels
- Exposure to regulatory changes and reimbursement pressures
- Historically negative reputation due to past legal issues
- Geographic concentration in certain markets
Opportunities
- Growth in outpatient services
- Expansion into new markets
- Strategic acquisitions
- Leveraging technology to improve patient care and efficiency
Threats
- Increased competition from other hospital systems
- Changes in government healthcare policy
- Rising labor costs
- Potential for cyberattacks and data breaches
Competitors and Market Share
Key Competitors
- HCA
- CYH
- UHS
Competitive Landscape
Tenet Healthcare faces intense competition from other for-profit hospital systems. Its competitive advantages include its scale and geographic diversification. Disadvantages include its high debt levels and exposure to regulatory changes. HCA is generally viewed as a stronger competitor due to its larger size and more diversified business model. *Market share percentages as a percentage of the market are estimates based on revenue.
Major Acquisitions
United Surgical Partners International (USPI)
- Year: 2015
- Acquisition Price (USD millions): 425
- Strategic Rationale: Increased scale in the ambulatory surgery center market and enhanced growth opportunities.
Baron & Budd P.C. (Minority Stake)
- Year: 2023
- Acquisition Price (USD millions): 165
- Strategic Rationale: Reduced costs of opioid related claims and litigation.
Growth Trajectory and Initiatives
Historical Growth: Tenet Healthcare has grown through acquisitions and organic expansion. Growth has been influenced by changes in the healthcare landscape and the company's strategic decisions.
Future Projections: Analysts project moderate revenue growth in the coming years, driven by increasing demand for healthcare services. Earnings growth is expected to be stronger, reflecting improved operational efficiency and cost management. Analyst projections vary, and growth estimates should be considered with caution.
Recent Initiatives: Recent strategic initiatives include focusing on higher-margin services, expanding its ambulatory care network, and investing in technology to improve patient care and operational efficiency.
Summary
Tenet Healthcare is a large for-profit hospital system facing both opportunities and challenges. It is working to improve operational efficiency and expand its ambulatory care network. Debt is a concern, as well as exposure to regulatory changes, but Tenet seems to be streamlining some of its costs and exposures and looking to strengthen its position in a large and expanding overall marketplace. Investor confidence might still be mixed due to the recent divesture of Conifer and past legal troubles.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10K, 10Q), Investor Presentations, Analyst Reports, Industry Research Reports
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market share percentages are estimates based on revenue.
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.
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 | Website https://www.tenethealth.com |
Full time employees 74480 | 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 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.
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.