Tenet Healthcare Corp
Research Tenet Healthcare Corp (THC) on Bullrun: valuation model: 2.9% undervalued, market cap USD 21.89B, P/E 10.5. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerTHC
- ExchangeNYSE
- CountryUnited States
- SectorHealthcare
- IndustryMedical Care Facilities
- CurrencyUSD
- Valuation signal2.9% undervalued
- Market capUSD 21.89B
- P/E10.5
- Financial periodQ2 2026
- RevenueUSD 6.04B
- Net incomeUSD 826.00M
- Free cash flowUSD 417.00M
- Gross margin83.7%
Valuation Snapshot
Bullrun's latest valuation model marks Tenet Healthcare Corp as 2.9% undervalued; latest market cap is USD 21.89B; P/E is 10.5.
Peer valuation comparison
Latest P/E is 10.48x versus a Healthcare sector median of 24.46x (57.1% below).
Latest P/E is 10.48x versus a United States median of 24.87x (57.8% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 21.31B | USD 2.37B | USD 2.53B | 82.3% | 15.49 | USD 2.88B | USD 13.17B | USD 4.22B |
| FY2024 | USD 20.68B | USD 4.06B | USD 1.12B | 82.4% | 32.7 | USD 3.02B | USD 13.17B | USD 4.17B |
| FY2023 | USD 20.56B | USD 1.31B | USD 1.62B | n/a | 5.71 | USD 1.23B | USD 15.00B | USD 1.61B |
| FY2022 | USD 19.17B | USD 1.00B | USD 321.00M | n/a | 3.79 | USD 858.00M | USD 15.07B | USD 1.14B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 21.89B | 10.5 | n/a | n/a |
| 2025 | 2025-12-31 | USD 17.28B | 12.8 | n/a | n/a |
| 2024 | 2024-12-31 | USD 12.01B | 3.9 | n/a | n/a |
| 2023 | 2023-12-29 | USD 7.67B | 17.0 | n/a | n/a |
| 2022 | 2022-12-30 | USD 5.28B | 9.6 | n/a | n/a |
| 2021 | 2021-12-31 | USD 8.76B | 9.7 | n/a | n/a |
About Tenet Healthcare Corp
Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and/or coronary care units;
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Frequently asked questions
Is Tenet Healthcare Corp overvalued or undervalued?
Bullrun's valuation model currently marks Tenet Healthcare Corp as 2.9% undervalued.
What is Tenet Healthcare Corp's market cap?
Tenet Healthcare Corp's market capitalization is USD 21.89B.
What is Tenet Healthcare Corp's P/E ratio?
Tenet Healthcare Corp's price-to-earnings (P/E) ratio is 10.5.
What does Tenet Healthcare Corp do?
Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies.