Tenet Healthcare Corporation

THC Healthcare Medical Care Facilities

Tenet Healthcare Corporation’s revenue for fiscal 2025 (year ended December 2025) was $21.3 billion, up 3.07% from fiscal 2024.

Revenue
+6.47%
EPS
+291.1%
Free cash flow
+39.2%
Total debt
+0.42%

Quarter to September 2026, against a year earlier

282.29 4.17 −1.46%
Market cap
$22.8B
P/E
7.6×
Fwd P/E
7.5×
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 5 November 2026, Tenet Healthcare Corporation (THC) trades at a P/E ratio of 7.6×. Over the past ten years it has ranged from 0.0× (December 2020) to 474× (January 2015); the current reading is higher than 54% of that period. That is below the Medical Care Facilities industry median of 17.4× and below the Healthcare sector median of 25.2×.

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
Sep 2026 6.8× (4.70%)
Jun 2026 7.2× (26.41%)
Mar 2026 9.7× (23.55%)
Dec 2025 12.7× (7.83%)
43 more quarters

Against its own ten years

Low 0.0× High 474×
Ten-year median 6.8×
Current reading's percentile 27

P/E ratio against peers

Company P/E ratio
THC Tenet Healthcare Corporation 7.6×
UHS Universal Health Services, Inc. compare 8.2×
FMS Fresenius Medical Care AG & Co. KGaA compare 12.6×
DVA DaVita Inc. compare 14.0×
EHC Encompass Health Corporation compare 21.8×
CON Concentra Group Holdings Parent, Inc. compare 24.9×
CHE Chemed Corporation compare 25.5×
ENSG The Ensign Group, Inc. compare 26.3×
PACS PACS Group, Inc. compare 28.6×
Medical Care Facilities industry median 17.4×
Healthcare sector median 25.2×
Market median 17.9×

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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