Surgery Partners [SGRY] vs Tenet Healthcare [THC] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Surgery Partners Inc. wins in 3 metrics, Tenet Healthcare Corporation wins in 17 metrics, with 0 ties. Tenet Healthcare Corporation appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Surgery Partners Inc. Tenet Healthcare Corporation Better
P/E Ratio (TTM) 2,956.00 12.17 Tenet Healthcare Corporation
Price-to-Book Ratio 1.09 3.88 Surgery Partners Inc.
Debt-to-Equity Ratio 114.51 160.79 Surgery Partners Inc.
PEG Ratio -34.35 10.76 Tenet Healthcare Corporation
EV/EBITDA 11.42 7.05 Tenet Healthcare Corporation
Profit Margin (TTM) -2.35% 6.60% Tenet Healthcare Corporation
Operating Margin (TTM) 15.09% 17.46% Tenet Healthcare Corporation
EBITDA Margin (TTM) 15.09% 17.46% Tenet Healthcare Corporation
Return on Equity 2.76% 27.02% Tenet Healthcare Corporation
Return on Assets (TTM) 3.74% 8.04% Tenet Healthcare Corporation
Free Cash Flow (TTM) $195.60M $2.53B Tenet Healthcare Corporation
1-Year Return -32.67% 6.26% Tenet Healthcare Corporation
Price-to-Sales Ratio (TTM) 0.57 0.77 Surgery Partners Inc.
Enterprise Value $7.49B $32.68B Tenet Healthcare Corporation
EV/Revenue Ratio 2.26 1.53 Tenet Healthcare Corporation
Gross Profit Margin (TTM) 23.98% 81.73% Tenet Healthcare Corporation
Revenue per Share (TTM) $26 $236 Tenet Healthcare Corporation
Earnings per Share (Diluted) $-0.61 $15.48 Tenet Healthcare Corporation
Beta (Stock Volatility) 1.99 1.50 Tenet Healthcare Corporation
Short % of Float 22.70% 3.55% Tenet Healthcare Corporation

Surgery Partners Inc. vs Tenet Healthcare Corporation Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Surgery Partners Inc.-1.18%9.24%8.46%22.11%-2.01%-0.85%
Tenet Healthcare Corporation2.55%9.88%-8.92%-18.33%-9.23%-10.20%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Surgery Partners Inc.-32.67%-62.68%-76.34%-2.17%-16.93%-16.93%
Tenet Healthcare Corporation6.26%122.70%164.92%543.08%581.20%489.27%

Performance & Financial Health Analysis: Surgery Partners Inc. vs Tenet Healthcare Corporation

MetricSGRYTHC
Market Information
Market Cap i$1.86B$16.50B
Market Cap CategorySmall capLarge cap
10 Day Avg. Volume i864,2641,231,387
90 Day Avg. Volume i1,150,1881,117,252
Last Close$15.13$179.11
52 Week Range$11.41 - $24.10$146.60 - $247.21
% from 52W High-37.22%-27.55%
All-Time High$69.58 (Jun 21, 2021)$247.21 (Mar 05, 2026)
% from All-Time High-78.26%-27.55%
Growth Metrics
Quarterly Revenue Growth0.02%0.09%
Quarterly Earnings Growth0.02%0.17%
Financial Health
Profit Margin (TTM) i-0.02%0.07%
Operating Margin (TTM) i0.15%0.17%
Return on Equity (TTM) i0.03%0.27%
Debt to Equity (MRQ) i114.51160.79
Cash & Liquidity
Book Value per Share (MRQ)$13.37$48.53
Cash per Share (MRQ)$1.87$33.15
Operating Cash Flow (TTM) i$274.30M$3.54B
Levered Free Cash Flow (TTM) i$164.71M$1.68B
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/A$0.00

Valuation & Enterprise Metrics Analysis: Surgery Partners Inc. vs Tenet Healthcare Corporation

MetricSGRY (Apr 26, 2026)THC (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i2,956.0012.17
Forward P/E i37.6810.76
PEG Ratio i-34.3510.76
Price to Sales (TTM) i0.570.77
Price to Book (MRQ) i1.093.88
Market Capitalization
Market Capitalization i$1.86B$16.50B
Enterprise Value i$7.49B$32.68B
Enterprise Value Metrics
Enterprise to Revenue i2.261.53
Enterprise to EBITDA i11.427.05
Risk & Other Metrics
Beta i1.991.50
Book Value per Share (MRQ) i$13.37$48.53

Financial Statements Comparison: Surgery Partners Inc. vs Tenet Healthcare Corporation

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricSGRY (2025)THC (2025)
Revenue/Sales i3.31B21.31B
Cost of Goods Sold i2.54B3.78B
COGS % of Revenue i76.9%17.7%
Gross Profit i765.00M17.53B
Gross Margin i23.1%82.3%
Research & Development iN/AN/A
Operating Income (EBIT) i470.80M3.44B
Operating Margin i14.2%16.1%
EBITDA i678.40M4.68B
EBITDA Margin i20.5%22.0%
Pre-Tax Income i116.90M2.80B
Pre-Tax Income % of Revenue i3.5%13.1%
Income Tax i18.00M433.00M
Income Tax % of Revenue i0.5%2.0%
Net Income (Profit) i98.90M1.41B
Profit Margin i3.0%6.6%

Balance Sheet & Liquidity Metrics

MetricSGRY (2025)THC (2025)
Cash & Equivalents i239.90M2.88B
Total Current Assets i1.15B7.85B
Total Current Assets % of Revenue i34.8%36.8%
Total Current Liabilities i615.50M4.46B
Total Current Liabilities % of Revenue i18.6%20.9%
Long-Term Debt i3.88B13.09B
Long-Term Debt % of Revenue i117.4%61.4%
Total Shareholders Equity i3.53B8.97B
Retained Earnings i-815.20M4.42B
Retained Earnings % of Revenue i-24.6%20.7%
Property, Plant & Equipment i1.60B6.71B

Cash Flow Statement Comparison

MetricSGRY (2025)THC (2025)
Operating Cash Flow i243.40M3.51B
Operating Cash Flow % of Revenue i7.4%16.5%
Capital Expenditures i-32.20M-972.00M
Free Cash Flow i195.60M2.53B
FCF Margin i5.9%11.9%
Debt Repayment i-1.04B-2.37B
Common Stock Repurchase iN/A-1.39B

Short Interest & Institutional Ownership Analysis

MetricSGRYTHC
Shares Short i14.00M2.28M
Short Ratio i7.572.20
Short % of Float i22.70%3.55%
Shares Outstanding i129.32M86.95M
Float Shares i55.54M85.97M
% Held by Insiders i1.53%1.08%
% Held by Institutions i122.23%98.33%
% Held by Public i-23.76%0.59%

Dividend Analysis & Yield Comparison: Surgery Partners Inc. vs Tenet Healthcare Corporation

MetricSGRYTHC
Last 12-Month Dividend iN/A$0.00
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/A$0.00
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/A$0.00
Ex-Dividend DateN/AN/A