NYSE · THCHealthcareGeneral Medical Hospitals

Tenet Healthcare Corporation New (THC)

$292.25+9.58%
Close Nov 4, 2026 · split-adjusted
Nov 4, 2026$292.25▲ 40.69% in range
Nov 4, 2025Low $161.37 · High $292.25Nov 4, 2026
What changed · written from our data
As of Nov 4, 2026

Tenet Healthcare Corporation New closed at $292.25 on Nov 4, up 9.58% — matching its 52-week closing high. Volume of 2.1M shares was 2.70× its 20-day average (well above normal).

Split-adjusted performance: +13.1% over one month, +50.2% over six months, +45.1% over one year.

In the quarter ended Sep 30, 2026, revenue was $5.63B, up 6.5% from a year earlier, with a net margin of 17.8%.

Short interest was 1.8M shares at the Oct 15 settlement (2.3% of float, 3.3 days to cover).

Market cap$23.26B79.6M shares
Revenue · quarter$5.63B+6.5% YoY
Diluted EPS$12.41+221.5% YoY
P/E · TTM8.0×P/S 1.0×
Net margin17.8%Gross 100.0%
Dividend yieldNone
52-week range161.37 – 292.250.0% from high
Volume2.1M2.70× 20-day avg
Volatility · 60d31.8%Annualised
Short % of float2.3%3.3 days to cover
Net cash-$10.78BCash $2.67B
Next earnings—Not scheduled
Split-adjusted performance
1W +8.8%1M +13.1%3M +13.9%6M +50.2%YTD +47.1%1Y +45.1%3Y +448.8%5Y +316.5%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within General Medical Hospitals

Percentile among 6 companies (100 = best)

6-month momentum—
Revenue growth—
Net margin—
Value (low P/E)—
Size—

Industry medians: 6-month return +28.8%, revenue growth +3.2%, net margin 4.4%, P/E 9.3×.

Short interest

Details →
Shares short1.8M+0.5% vs prior
Days to cover3.3Settled Oct 15
% of float2.3%
Short vol. 10d46.9%of daily volume

Closest peers by size in General Medical Hospitals

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
THCTenet Healthcare Corporation New$292.25+9.58%+50.2%+6.5%17.8%8.0$23.26B
UHSUniversal Health Services$196.46+10.91%+16.6%+8.3%7.7%7.6$11.58BCompare
HCAHCA Healthcare$510.70+10.34%+18.9%+3.6%8.0%15.7$106.68BCompare
SGRYSurgery Partners$23.16+0.13%+58.7%+2.7%−1.8%—$2.98BCompare
ARDTArdent Health$12.99+10.93%+38.6%−1.4%1.0%23.4$1.83BCompare
CYHCommunity Health Systems$2.38+16.10%−17.1%−10.7%−3.1%9.3$335.6MCompare

Quick answers

What does Tenet Healthcare Corporation New do?
Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South.
What is THC's market cap?
$23.26B, based on the Nov 4 close of $292.25.
What is THC's P/E ratio?
8.0× trailing-twelve-month earnings of $2.90B.
Does Tenet Healthcare Corporation New pay a dividend?
No regular cash dividend has been paid in the last year.
How much of THC is sold short?
1.8M shares, 2.3% of float, as of Oct 15, 2026.
What sector is THC in?
Healthcare, in the General Medical Hospitals industry.

About Tenet Healthcare Corporation New

Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.

HQ: Dallas, TX99,000 employeesListed Jun 1, 1972tenethealth.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology