Tenet Healthcare Corporation (NYSE:THC) — Market Cap & Net Worth
Market Cap & Net Worth: Tenet Healthcare Corporation (THC)
Tenet Healthcare Corporation (NYSE:THC) has a market capitalization of $15.94 Billion ($15.94 Billion) as of May 2, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1536 globally and #587 in its home market, demonstrating a -2.69% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Tenet Healthcare Corporation's stock price $183.27 by its total outstanding shares 86963000 (86.96 Million). Analyse Tenet Healthcare Corporation cash flow conversion to see how efficiently the company converts income to cash.
Tenet Healthcare Corporation Market Cap History: 2015 to 2026
Tenet Healthcare Corporation's market capitalization history from 2015 to 2026. Data shows growth from $2.63 Billion to $15.94 Billion (16.68% CAGR).
Index Memberships
Tenet Healthcare Corporation is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P Midcap 400
MID
|
$3.36 Trillion | 0.48% | #36 of 401 |
Weight: Tenet Healthcare Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Tenet Healthcare Corporation Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Tenet Healthcare Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.81x
Tenet Healthcare Corporation's market cap is 0.81 times its annual revenue
Latest Price to Earnings (P/E) Ratio
12.28x
Tenet Healthcare Corporation's market cap is 12.28 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $1.29 Billion | $19.62 Billion | -$192.00 Million | 0.07x | N/A |
| 2017 | $1.32 Billion | $19.18 Billion | -$704.00 Million | 0.07x | N/A |
| 2018 | $1.49 Billion | $18.31 Billion | $104.00 Million | 0.08x | 14.33x |
| 2019 | $3.31 Billion | $18.48 Billion | -$215.00 Million | 0.18x | N/A |
| 2020 | $3.47 Billion | $17.64 Billion | $399.00 Million | 0.20x | 8.70x |
| 2021 | $7.10 Billion | $19.48 Billion | $914.00 Million | 0.36x | 7.77x |
| 2022 | $4.24 Billion | $19.17 Billion | $411.00 Million | 0.22x | 10.32x |
| 2023 | $6.57 Billion | $20.55 Billion | $611.00 Million | 0.32x | 10.76x |
| 2024 | $10.98 Billion | $20.66 Billion | $3.20 Billion | 0.53x | 3.43x |
| 2025 | $17.28 Billion | $21.31 Billion | $1.41 Billion | 0.81x | 12.28x |
Competitor Companies of THC by Market Capitalization
Companies near Tenet Healthcare Corporation in the global market cap rankings as of May 2, 2026.
Key companies related to Tenet Healthcare Corporation by market ranking:
- HCA Holdings Inc (NYSE:HCA): Ranked #256 globally with a market cap of $96.85 Billion USD.
- Fresenius SE & Co. KGaA (XETRA:FRE): Ranked #962 globally with a market cap of $27.16 Billion USD ( €23.23 Billion EUR).
- Aier Eye Hospital Group (SHE:300015): Ranked #1635 globally with a market cap of $14.71 Billion USD ( CN¥100.53 Billion CNY).
- FRESENIUS SE+CO. ADR 1/4 (F:FREA): Ranked #972 globally with a market cap of $26.87 Billion USD ( €22.98 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #256 | HCA Holdings Inc | NYSE:HCA | $96.85 Billion | $433.09 |
| #962 | Fresenius SE & Co. KGaA | XETRA:FRE | $27.16 Billion | €41.25 |
| #1635 | Aier Eye Hospital Group | SHE:300015 | $14.71 Billion | CN¥10.78 |
| #972 | FRESENIUS SE+CO. ADR 1/4 | F:FREA | $26.87 Billion | €10.20 |
Tenet Healthcare Corporation Historical Marketcap From 2015 to 2026
Between 2015 and today, Tenet Healthcare Corporation's market cap moved from $2.63 Billion to $ 15.94 Billion, with a yearly change of 16.68%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $15.94 Billion | -7.77% |
| 2025 | $17.28 Billion | +57.43% |
| 2024 | $10.98 Billion | +67.04% |
| 2023 | $6.57 Billion | +54.89% |
| 2022 | $4.24 Billion | -40.27% |
| 2021 | $7.10 Billion | +104.58% |
| 2020 | $3.47 Billion | +5.00% |
| 2019 | $3.31 Billion | +121.88% |
| 2018 | $1.49 Billion | +13.06% |
| 2017 | $1.32 Billion | +2.16% |
| 2016 | $1.29 Billion | -51.02% |
| 2015 | $2.63 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Tenet Healthcare Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $15.94 Billion USD |
| MoneyControl | $15.94 Billion USD |
| MarketWatch | $15.94 Billion USD |
| marketcap.company | $15.94 Billion USD |
| Reuters | $15.94 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Tenet Healthcare Corporation
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 intensiv… Read more