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THC NYSE

Tenet Healthcare Corporation
1W: +1.0% 1M: +3.5% 3M: +2.4% YTD: +34.8% 1Y: +30.0% 3Y: +376.6% 5Y: +327.1%
$262.05
-6.90 (-2.57%)
After Hours: $263.53 (+1.48, +0.57%)
Weekly Expected Move ±2.8%
$253 $261 $268 $276 $284
NYSE · Healthcare · Medical - Care Facilities · Tech Score Buy · Power 60 · $21.7B mcap · 80M float · 1.21% daily turnover · Short 44% of daily vol
Credit Risk of going bust: higher than 58% of companies Debt: 38.0% of company value Bonds: $1.43B held by 520 funds, 120 bp over Treasuries → details ▾
Of US companies ranked in the middle of the pack, about 1 in 580 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $12.34 (down 95%), Tenet Healthcare Corporation would be worth roughly what it owes.
Total debt $13.25B against a stock market value of $21.66B.
Distance to default 4.38 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $6.70B (short-term plus half of long-term), stock volatility 42.1%; Altman Z'' 2.25. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Smart Money Score
Watch 25
Insider—
Congress—
ETF Holdings—
Key Statistics
Market Cap$21.7B
52W Range157.58-283.05
Volume645,675
Avg Volume960,510
Beta1.20
Dividend—
Analyst Ratings
26 Buy 6 Hold 0 Sell
Consensus Buy
Company Info
CEOSaumya Sutaria
Employees88,500
SectorHealthcare
IndustryMedical - Care Facilities
IPO Date1980-03-17
14201 Dallas Parkway
Dallas, TX 75254
US
469-893-2200
About Tenet Healthcare Corporation

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.

Recent Insider Trades

NameTypeSharesPriceDate
KERREY J ROBERT S-Sale 5,483 $263.04 2026-09-14
KERREY J ROBERT S-Sale 4,025 $264.10 2026-09-14
KERREY J ROBERT S-Sale 2,502 $264.62 2026-09-14
MARK RICHARD J S-Sale 10,000 $263.42 2026-09-10
West Nadja S-Sale 1,152 $258.80 2026-09-02

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms