Tenet Healthcare Corporation (THC)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $bn | 18 | 19 | 19 | 21 | 21 | 21 | 22 | 22 |
| Operating profit | $bn | 3 | 4 | ||||||
| Net profit | $bn | 0 | 1 | 0 | 1 | 3 | 1 | 2 | 2 |
| EPS reported | $ | 15.49 | 25.93 | ||||||
| Operating cashflow per share | $ | 39.27 | 48.07 | ||||||
| Capex per share | $ | 11.20 | 11.88 | ||||||
| FCF per share | $ | 28.06 | 36.19 | ||||||
| Free cash flow | $bn | 3 | 3 | ||||||
| Net debt | $bn | 10 | 11 | ||||||
| Book value equity | $bn | 4 | 5 | ||||||
| Book value per share | $ | 46.46 | 55.48 | ||||||
| Number of shares | m | 90.83 | 83.96 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 12.83 | 10.02 | ||||||
| P/B LTM | x | 4.25 | 3.85 | ||||||
| P/S LTM | x | 0.84 | 0.82 | ||||||
| P/FCF LTM | x | 7.08 | 5.93 | ||||||
| EV/EBITDA LTM | x | 6.29 | 5.58 | ||||||
| EV/Sales LTM | x | 1.32 | 1.47 | ||||||
| Earnings Yield LTM | % | +7.79% | +9.98% | ||||||
| FCF Yield | % | +14.12% | +16.87% | ||||||
| Quality | |||||||||
| ROE | % | +33.34% | +50.63% | ||||||
| ROIC | % | +11.49% | +11.91% | ||||||
| Operating margin | % | +16.14% | +16.80% | ||||||
| Gross margin | % | +82.26% | +26.87% | ||||||
| FCF/Sales | % | +11.87% | +13.86% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -52.63% | -20.70% | ||||||
| Sales Growth YoY | % | +3.12% | +5.55% | ||||||
| Net Income Growth YoY | % | -56.03% | -29.97% | ||||||
| FCF Growth | % | +126.70% | +170.88% | ||||||
| Operating Profit Growth | % | -42.26% | -38.48% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | 0.00% | 0.00% | ||||||
| FCF/Debt | x | 0.19 | 0.23 | ||||||
| Net Debt/EBITDA | x | 2.29 | 2.19 | ||||||
| EBIT/Net interest | x | 4.19 | 4.47 | ||||||
| Net debt/market cap | % | +73.52% | +63.13% | ||||||
| Net debt/Equity | x | 2.44 | 2.38 | ||||||
| Gross debt/equity | x | 3.12 | 2.84 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Tenet Healthcare Corporation operates as a broad-ranging provider of health solutions. The company organizes its operations across three main divisions: Hospital Operations and Other, Ambulatory Care, and Conifer. Within its network of acute care facilities, Tenet delivers a full spectrum of essential services. These include core hospital functions such as operating and recovery suites, radiology and respiratory therapy, clinical laboratories, and on-site pharmacies. The organization also provides high-acuity patient care through intensive, critical, and coronary care units. Specialized medical services cover areas like cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics, alongside various outpatient treatments, including physical therapy. Advanced surgical capabilities feature cardiothoracic, complex spinal, and neurosurgery, as well as neonatal intensive care. Tenet extends its offerings to ultra-specialized quaternary care, exemplified by heart and kidney transplant programs, and sophisticated procedures such as limb-salvaging vascular interventions, acute Level 1 trauma care, intravascular stroke treatment, minimally invasive cardiac valve replacements, advanced imaging, and telemedicine access. Beyond its hospital network, Tenet manages numerous other clinical sites. These encompass outpatient surgical centers, immediate care facilities, diagnostic imaging centers, dedicated surgical hospitals, off-campus emergency departments, and micro-hospitals. Through its Conifer segment, the company furnishes critical healthcare business process solutions. These administrative services, offered to hospitals, health systems, physician practices, employers, and other clients, include financial administration for patient accounts (revenue cycle management), support for patient communications and engagement, and outcome-focused care strategies. As of February 9, 2022, Tenet's operational footprint included 60 hospitals and roughly 550 additional medical facilities. This count of additional sites comprises surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and various other clinical locations. Tenet Healthcare Corporation was established in 1975 and maintains its principal office in Dallas, Texas.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Tenet Healthcare Corporation (THC)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Tenet Healthcare Corporation operates as a broad-ranging provider of health solutions. The company organizes its operations across three main divisions: Hospital Operations and Other, Ambulatory Care, and Conifer. Within its network of acute care facilities, Tenet delivers a full spectrum of essential services. These include core hospital functions such as operating and recovery suites, radiology and respiratory therapy, clinical laboratories, and on-site pharmacies. The organization also provides high-acuity patient care through intensive, critical, and coronary care units. Specialized medical services cover areas like cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics, alongside various outpatient treatments, including physical therapy. Advanced surgical capabilities feature cardiothoracic, complex spinal, and neurosurgery, as well as neonatal intensive care. Tenet extends its offerings to ultra-specialized quaternary care, exemplified by heart and kidney transplant programs, and sophisticated procedures such as limb-salvaging vascular interventions, acute Level 1 trauma care, intravascular stroke treatment, minimally invasive cardiac valve replacements, advanced imaging, and telemedicine access. Beyond its hospital network, Tenet manages numerous other clinical sites. These encompass outpatient surgical centers, immediate care facilities, diagnostic imaging centers, dedicated surgical hospitals, off-campus emergency departments, and micro-hospitals. Through its Conifer segment, the company furnishes critical healthcare business process solutions. These administrative services, offered to hospitals, health systems, physician practices, employers, and other clients, include financial administration for patient accounts (revenue cycle management), support for patient communications and engagement, and outcome-focused care strategies. As of February 9, 2022, Tenet's operational footprint included 60 hospitals and roughly 550 additional medical facilities. This count of additional sites comprises surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and various other clinical locations. Tenet Healthcare Corporation was established in 1975 and maintains its principal office in Dallas, Texas.
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