Tenet Healthcare Corporation

THC Healthcare Medical Care Facilities

In the quarter to June 2026, revenue grew 14.6%, EPS grew 213.0%, free cash flow fell 43.9% and total debt was flat, each against the same quarter a year earlier. Revenue growth for three consecutive years.

268.62 6.51 −2.37%
Market cap
$22.2B
P/E
10.3×
Fwd P/E
6.4×
Dividend yield
—
F-score
7/9
Altman Z
1.91
Beneish M
−2.67
Dividend safety
57/100

Tenet Healthcare Corporation (THC) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Tenet Healthcare Corporation (THC) trades at a P/E ratio of 10.3×. Over the past ten years it has ranged from 0.0× (December 2020) to 474× (January 2015); the current reading is higher than 64% of that period. That is below the Medical Care Facilities industry median of 20.6× and below the Healthcare sector median of 23.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 12.7× 228.07%
FY2024 3.9× (69.28%)
FY2023 12.6× (0.98%)
FY2022 12.8× 33.19%
FY2021 9.6× (9.10%)
FY2020 10.5× —
FY2019 0.0× —
FY2018 15.7× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 7.2× (26.41%)
Mar 2026 9.7× (23.55%)
Dec 2025 12.7× (7.83%)
Sep 2025 13.8× 23.53%
42 more quarters

Against its own ten years

Low 0.0× High 474×
Ten-year median 6.6×
Current reading's percentile 47

P/E ratio against peers

Company P/E ratio
UHS Universal Health Services, Inc. compare 7.5×
THC Tenet Healthcare Corporation 10.3×
FMS Fresenius Medical Care AG & Co. KGaA compare 11.5×
DVA DaVita Inc. compare 15.0×
EHC Encompass Health Corporation compare 20.6×
CON Concentra Group Holdings Parent, Inc. compare 24.9×
CHE Chemed Corporation compare 25.7×
ENSG The Ensign Group, Inc. compare 26.9×
PACS PACS Group, Inc. compare 27.6×
Medical Care Facilities industry median 20.6×
Healthcare sector median 23.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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