Tenet Healthcare Overview
- Year Founded
-
1969
- Status
-
Public
- Employees
-
98,000
- Stock Symbol
-
THC
- Investments
-
45
- Share Price
-
$127.75
- (As of Wednesday Closing)
Tenet Healthcare General Information
Description
Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 50 as of July 2024) and over 500 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
Contact Information
Website
www.tenethealth.comCorporate Office
- 14201 Dallas Parkway
- Dallas, TX 75254
- United States
Corporate Office
- 14201 Dallas Parkway
- Dallas, TX 75254
- United States
Tenet Healthcare Timeline
Tenet Healthcare Stock Performance
As of 19-Mar-2025, Tenet Healthcare’s stock price is $127.75. Its current market cap is $12.2B with 95.1M shares.
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $127.75 | $125.33 | $90.03 - $171.20 | $12.2B | 95.1M | 1.46M | $33.02 |
Tenet Healthcare Financials Summary
As of 31-Dec-2024, Tenet Healthcare has a trailing 12-month revenue of $20.7B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 25,022,094 | 25,022,094 | 25,379,285 | 22,500,330 |
| Revenue | 20,665,000 | 20,665,000 | 20,548,000 | 19,174,000 |
| EBITDA | 6,892,000 | 6,892,000 | 3,388,000 | 3,076,000 |
| Net Income | 3,200,000 | 3,200,000 | 611,000 | 411,000 |
| Total Assets | 28,936,000 | 28,936,000 | 28,312,000 | 27,156,000 |
| Total Debt | 13,173,000 | 13,173,000 | 15,002,000 | 15,079,000 |
Tenet Healthcare Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Tenet Healthcare Comparisons
Industry
Financing
Details
Tenet Healthcare Competitors (44)
One of Tenet Healthcare’s 44 competitors is Community Health Systems, a Formerly PE-Backed company based in Franklin, TN.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Community Health Systems | Formerly PE-Backed | Franklin, TN | ||||
| Encompass Health | Formerly VC-backed | Birmingham, AL | ||||
| Universal Health Services | Corporation | King of Prussia, PA | ||||
| Acadia Healthcare | Formerly PE-Backed | Franklin, TN | ||||
| Select Medical Holdings | Formerly PE-Backed | Mechanicsburg, PA |
Tenet Healthcare Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Tenet Healthcare Patents
Tenet Healthcare Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20090141853-A1 | Protective shield for ct scanning machine | Inactive | 30-Nov-2007 |
Tenet Healthcare Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Tenet Healthcare Investments & Acquisitions (45)
Tenet Healthcare’s most recent deal was a Corporate Asset Purchase with Tenet Healthcare (31 Ambulatory Surgery Centers in United States). The deal was made on 31-Dec-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Tenet Healthcare (31 Ambulatory Surgery Centers in United States) | 31-Dec-2023 | Corporate Asset Purchase | Buildings and Property | ||
| NextCare | 01-Dec-2023 | Merger/Acquisition | Clinics/Outpatient Services | ||
| United Surgical Partners International | 30-Jun-2022 | Secondary Transaction - Private | Hospitals/Inpatient Services | ||
| SurgCenter Development (92 Ambulatory Surgery Centers in United States) | 22-Dec-2021 | Corporate Asset Purchase | Buildings and Property | ||
| Butterfly Network | 16-Feb-2021 | PIPE | Diagnostic Equipment |
Tenet Healthcare ESG
Risk Overview
Risk Rating
Updated January, 22, 2025
29.75 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,946
Rank
Percentile
Healthcare
Industry
of 581
Rank
Percentile
Medical Facilities
Subindustry
of 129
Rank
Percentile
Tenet Healthcare Exits (22)
Tenet Healthcare’s most recent exit was on 16-Feb-2021 from Butterfly Network. The exit was categorized as with 7 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Butterfly Network | 16-Feb-2021 | Completed |
|
||
| Joint Venture (Baptist Health System and Brookwood Medical Center) | 02-Oct-2015 | Completed |
|
||
| Aspen Healthcare | 16-Jun-2015 | Completed |
|
||
| Tenet Healthcare (3 Acute Care Hospitals and Local Affiliates, Chicago) | 01-Oct-2013 | Completed |
|
||
| Coastal Carolina Medical Center | 30-Jun-2007 | Merger/Acquisition | Completed |
Tenet Healthcare Affiliates
Subsidiaries (133)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| ASC of Trinity | Odessa, FL | 2020 | |
| Memorial Hermann Surgery Center Brazoria | Angleton, TX | 2018 | |
| Warner Park Surgery Center | Gilbert, AZ | 2017 | |
| Holston Valley Ambulatory Surgery Center | Kingsport, TN | 2017 | |
| South Denver Musculoskeletal Surgical Partners | Littleton, CO | 2015 |
Tenet Healthcare FAQs
-
When was Tenet Healthcare founded?
Tenet Healthcare was founded in 1969.
-
Where is Tenet Healthcare headquartered?
Tenet Healthcare is headquartered in Dallas, TX.
-
What is the size of Tenet Healthcare?
Tenet Healthcare has 98,000 total employees.
-
What industry is Tenet Healthcare in?
Tenet Healthcare’s primary industry is Hospitals/Inpatient Services.
-
Is Tenet Healthcare a private or public company?
Tenet Healthcare is a Public company.
-
What is Tenet Healthcare’s stock symbol?
The ticker symbol for Tenet Healthcare is THC.
-
What is the current stock price of Tenet Healthcare?
As of 19-Mar-2025 the stock price of Tenet Healthcare is $127.75.
-
What is the current market cap of Tenet Healthcare?
The current market capitalization of Tenet Healthcare is $12.2B.
-
What is Tenet Healthcare’s current revenue?
The trailing twelve month revenue for Tenet Healthcare is $20.7B.
-
Who are Tenet Healthcare’s competitors?
Community Health Systems, Encompass Health, Universal Health Services, Acadia Healthcare, and Select Medical Holdings are some of the 44 competitors of Tenet Healthcare.
-
What is Tenet Healthcare’s annual earnings per share (EPS)?
Tenet Healthcare’s EPS for 12 months was $33.02.
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