Tenet Healthcare Corporation Market Cap ($20.93 Billion)
Market Cap & Net Worth: Tenet Healthcare Corporation (THC)
Tenet Healthcare Corporation market cap. Tenet Healthcare Corporation (NYSE:THC) has a market capitalization of $20.93 Billion ($20.93 Billion) as of October 31, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1210 globally and #510 in its home market, demonstrating a 0.97% increase 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 $273.25 by its total outstanding shares 80519000 (80.52 Million).
Tenet Healthcare Corporation Market Cap History (2015–2026)
Tenet Healthcare Corporation market cap history from 2015 to 2026. Data shows growth from $2.44 Billion to $22.00 Billion (20.14% CAGR). Check THC stock price and chart for real-time trading data and today's change.
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
|
$3.34 Trillion | 0.48% | #14 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. Also see THC cash flow metrics for how efficiently the company converts equity into cash flow.
Latest Price to Sales (P/S) Ratio
0.75x
Tenet Healthcare Corporation's market cap is 0.75 times its annual revenue
Latest Price to Earnings (P/E) Ratio
11.37x
Tenet Healthcare Corporation's market cap is 11.37 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 | $1.19 Billion | $19.62 Billion | -$192.00 Million | 0.06x | N/A |
| 2017 | $1.22 Billion | $19.18 Billion | -$704.00 Million | 0.06x | N/A |
| 2018 | $1.38 Billion | $18.31 Billion | $104.00 Million | 0.08x | 13.27x |
| 2019 | $3.06 Billion | $18.48 Billion | -$215.00 Million | 0.17x | N/A |
| 2020 | $3.22 Billion | $17.64 Billion | $399.00 Million | 0.18x | 8.06x |
| 2021 | $6.58 Billion | $19.48 Billion | $914.00 Million | 0.34x | 7.20x |
| 2022 | $3.93 Billion | $19.17 Billion | $411.00 Million | 0.20x | 9.56x |
| 2023 | $6.08 Billion | $20.55 Billion | $611.00 Million | 0.30x | 9.96x |
| 2024 | $10.16 Billion | $20.66 Billion | $3.20 Billion | 0.49x | 3.18x |
| 2025 | $16.00 Billion | $21.31 Billion | $1.41 Billion | 0.75x | 11.37x |
Competitor Companies of THC by Market Capitalization
Companies near Tenet Healthcare Corporation in the global market cap rankings as of October 31, 2026. See Tenet Healthcare Corporation balance sheet quality to understand what proportion of total assets are financed by equity.
Key companies related to Tenet Healthcare Corporation by market ranking:
- HCA Healthcare, Inc. (NYSE:HCA): Ranked #284 globally with a market cap of $91.34 Billion USD.
- Fresenius SE & Co. KGaA (XETRA:FRE): Ranked #901 globally with a market cap of $29.19 Billion USD ( €24.97 Billion EUR).
- IHH Healthcare Bhd (KLSE:5225): Ranked #1413 globally with a market cap of $17.41 Billion USD ( RM69.36 Billion MYR).
- Rede D'Or São Luiz S.A. (SA:RDOR3): Ranked #1699 globally with a market cap of $13.71 Billion USD ( R$69.90 Billion BRL).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #284 | HCA Healthcare, Inc. | NYSE:HCA | $91.34 Billion | $473.19 |
| #901 | Fresenius SE & Co. KGaA | XETRA:FRE | $29.19 Billion | €47.80 |
| #1413 | IHH Healthcare Bhd | KLSE:5225 | $17.41 Billion | RM7.85 |
| #1699 | Rede D'Or São Luiz S.A. | SA:RDOR3 | $13.71 Billion | R$31.68 |
Market Capitalization of Tenet Healthcare Corporation (2015–2026)
Market capitalization of Tenet Healthcare Corporation from 2015 to today. Between 2015 and today, Tenet Healthcare Corporation's market cap moved from $2.44 Billion to $ 22.00 Billion, with a yearly change of 20.14%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $22.00 Billion | +37.51% |
| 2025 | $16.00 Billion | +57.43% |
| 2024 | $10.16 Billion | +67.04% |
| 2023 | $6.08 Billion | +54.89% |
| 2022 | $3.93 Billion | -40.27% |
| 2021 | $6.58 Billion | +104.58% |
| 2020 | $3.22 Billion | +5.00% |
| 2019 | $3.06 Billion | +121.88% |
| 2018 | $1.38 Billion | +13.06% |
| 2017 | $1.22 Billion | +2.16% |
| 2016 | $1.19 Billion | -51.02% |
| 2015 | $2.44 Billion | -- |
End of Day Market Cap According to Different Sources
On Oct 31st, 2026 the market cap of Tenet Healthcare Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $20.93 Billion USD |
| MoneyControl | $20.93 Billion USD |
| MarketWatch | $20.93 Billion USD |
| marketcap.company | $20.93 Billion USD |
| Reuters | $20.93 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