Tenet Healthcare Corporation (THC) Stock

About Tenet Healthcare Corporation

Tenet Healthcare Corporation is led by CEO Saumya Sutaria, employs 99,000 people, headquartered in Dallas, US, publicly traded since 1980.

Tenet Healthcare Corporation (THC) stock trades at $267.25 with a market capitalization of $21.52B. The stock is valued at a price-to-earnings (P/E) ratio of 9.93, price-to-book of 4.65, price-to-sales of 0.96. Over the past 52 weeks the stock has ranged between $157.58 and $283.05, and currently trades 5.6% below its 52-week high.

On profitability, Tenet Healthcare Corporation generates a return on equity (ROE) of 50.63%, above the typical market range of roughly 12-15%, return on capital employed of 14.59%, an operating margin of 16.14%, a net profit margin of 10.27%.

In its most recent fiscal year, Tenet Healthcare Corporation reported annual revenue of $21.3B, net profit of $1.4B. Over the last 5 fiscal years, revenue grew at an average annual rate of 3.9%, and net profit grew at an average annual rate of 28.7%. Over that span net profit grew faster than revenue, so net margin widened.

The balance sheet shows a debt-to-equity ratio of 2.84 (debt more than twice shareholders' equity), a current ratio of 1.76, total assets of $29.7B, $2.9B in cash and equivalents.

THC has an average daily trading volume of 1,013,559 shares, a beta of 1.23.