Tenet Healthcare Corporation (THC) Stock

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.

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 $254.78 with a market capitalization of $20.51B. The stock is valued at a price-to-earnings (P/E) ratio of 9.19, price-to-book of 3.64, price-to-sales of 0.71. Over the past 52 weeks the stock has ranged between $146.60 and $254.78, and currently trades at its 52-week high.

On profitability, Tenet Healthcare Corporation generates a return on equity (ROE) of 30.29% — well above the market average, a sign of a high-quality business, return on capital employed of 38.33%, an operating margin of 16.14%, a net profit margin of 7.94%.

In its most recent fiscal year, Tenet Healthcare Corporation reported annual revenue of $21.3B, net profit of $1.4B, revenue has compounded at 3.9% a year over the last five years, profit at 28.7% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 2.74 — a leveraged balance sheet worth monitoring, 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 1,482,527 shares, a beta of 1.28.

Official website: www.tenethealth.com