Tenet Healthcare [THC] vs HCA Healthcare [HCA] Detailed Stock Comparison

Tenet Healthcare Corporation

NYSE
Loading...

HCA Healthcare Inc.

NYSE
Loading...

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Tenet Healthcare Corporation wins in 11 metrics, HCA Healthcare Inc. wins in 9 metrics, with 0 ties. Tenet Healthcare Corporation appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Tenet Healthcare Corporation HCA Healthcare Inc. Better
P/E Ratio (TTM) 12.17 16.86 Tenet Healthcare Corporation
Price-to-Book Ratio 3.88 -38.44 Tenet Healthcare Corporation
Debt-to-Equity Ratio 160.79 -17.57 Tenet Healthcare Corporation
PEG Ratio 10.76 0.37 HCA Healthcare Inc.
EV/EBITDA 7.05 10.08 Tenet Healthcare Corporation
Profit Margin (TTM) 6.60% 8.97% HCA Healthcare Inc.
Operating Margin (TTM) 17.46% 16.29% Tenet Healthcare Corporation
EBITDA Margin (TTM) 17.46% 16.29% Tenet Healthcare Corporation
Return on Equity 27.02% -244.82% Tenet Healthcare Corporation
Return on Assets (TTM) 8.04% 12.44% HCA Healthcare Inc.
Free Cash Flow (TTM) $2.53B $7.69B HCA Healthcare Inc.
Dividend Yield N/A 0.59% N/A
1-Year Return 6.26% 4.31% Tenet Healthcare Corporation
Price-to-Sales Ratio (TTM) 0.77 1.39 Tenet Healthcare Corporation
Enterprise Value $32.68B $156.18B HCA Healthcare Inc.
EV/Revenue Ratio 1.53 2.07 Tenet Healthcare Corporation
Gross Profit Margin (TTM) 81.73% 41.90% Tenet Healthcare Corporation
Revenue per Share (TTM) $236 $320 HCA Healthcare Inc.
Earnings per Share (Diluted) $15.48 $27.94 HCA Healthcare Inc.
Beta (Stock Volatility) 1.50 1.37 HCA Healthcare Inc.
Short % of Float 3.55% 2.45% HCA Healthcare Inc.

Tenet Healthcare Corporation vs HCA Healthcare Inc. Stock Performance Analysis

Loading Price Chart...

THC
HCA

Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Tenet Healthcare Corporation2.55%9.88%-8.92%-18.33%-9.23%-10.20%
HCA Healthcare Inc.0.72%7.93%-7.81%-25.75%-18.24%-17.10%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Tenet Healthcare Corporation6.26%122.70%164.92%543.08%581.20%489.27%
HCA Healthcare Inc.4.31%33.47%92.28%400.04%1,019.34%1,144.15%

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

MetricTHCHCA
Market Information
Market Cap i$16.50B$106.00B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i1,231,387795,641
90 Day Avg. Volume i1,117,252974,074
Last Close$179.11$389.97
52 Week Range$146.60 - $247.21$330.00 - $556.52
% from 52W High-27.55%-29.93%
All-Time High$247.21 (Mar 05, 2026)$556.52 (Mar 12, 2026)
% from All-Time High-27.55%-29.93%
Growth Metrics
Quarterly Revenue Growth0.09%0.07%
Quarterly Earnings Growth0.17%0.31%
Financial Health
Profit Margin (TTM) i0.07%0.09%
Operating Margin (TTM) i0.17%0.16%
Return on Equity (TTM) i0.27%-2.45%
Debt to Equity (MRQ) i160.79-17.57
Cash & Liquidity
Book Value per Share (MRQ)$48.53$-26.83
Cash per Share (MRQ)$33.15$5.11
Operating Cash Flow (TTM) i$3.54B$12.64B
Levered Free Cash Flow (TTM) i$1.68B$5.82B
Dividends
Last 12-Month Dividend Yield iN/A0.59%
Last 12-Month Dividend i$0.00$2.94

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

MetricTHC (Apr 24, 2026)HCA (Apr 23, 2026)
Price Ratios
P/E Ratio (TTM) i12.1716.86
Forward P/E i10.7614.13
PEG Ratio i10.760.37
Price to Sales (TTM) i0.771.39
Price to Book (MRQ) i3.88-38.44
Market Capitalization
Market Capitalization i$16.50B$106.00B
Enterprise Value i$32.68B$156.18B
Enterprise Value Metrics
Enterprise to Revenue i1.532.07
Enterprise to EBITDA i7.0510.08
Risk & Other Metrics
Beta i1.501.37
Book Value per Share (MRQ) i$48.53$-26.83

Financial Statements Comparison: Tenet Healthcare Corporation vs HCA Healthcare Inc.

Financial Metrics

Loading Financial Charts...

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricTHC (2025)HCA (2025)
Revenue/Sales i21.31B75.60B
Cost of Goods Sold i3.78B44.23B
COGS % of Revenue i17.7%58.5%
Gross Profit i17.53B31.37B
Gross Margin i82.3%41.5%
Research & Development iN/AN/A
Operating Income (EBIT) i3.44B11.97B
Operating Margin i16.1%15.8%
EBITDA i4.68B15.57B
EBITDA Margin i22.0%20.6%
Pre-Tax Income i2.80B9.83B
Pre-Tax Income % of Revenue i13.1%13.0%
Income Tax i433.00M2.05B
Income Tax % of Revenue i2.0%2.7%
Net Income (Profit) i1.41B7.78B
Profit Margin i6.6%10.3%

Balance Sheet & Liquidity Metrics

MetricTHC (2025)HCA (2025)
Cash & Equivalents i2.88B1.04B
Total Current Assets i7.85B15.78B
Total Current Assets % of Revenue i36.8%20.9%
Total Current Liabilities i4.46B16.35B
Total Current Liabilities % of Revenue i20.9%21.6%
Long-Term Debt i13.09B43.46B
Long-Term Debt % of Revenue i61.4%57.5%
Total Shareholders Equity i8.97B-2.77B
Retained Earnings i4.42B-5.72B
Retained Earnings % of Revenue i20.7%-7.6%
Property, Plant & Equipment i6.71B39.12B

Cash Flow Statement Comparison

MetricTHC (2025)HCA (2025)
Operating Cash Flow i3.51B12.01B
Operating Cash Flow % of Revenue i16.5%15.9%
Capital Expenditures i-972.00M-4.94B
Free Cash Flow i2.53B7.69B
FCF Margin i11.9%10.2%
Debt Repayment i-2.37B-7.39B
Common Stock Repurchase i-1.39B-10.07B

Short Interest & Institutional Ownership Analysis

MetricTHCHCA
Shares Short i2.28M3.63M
Short Ratio i2.203.37
Short % of Float i3.55%2.45%
Shares Outstanding i86.95M224.61M
Float Shares i85.97M151.19M
% Held by Insiders i1.08%16.16%
% Held by Institutions i98.33%78.70%
% Held by Public i0.59%5.14%

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

MetricTHCHCA
Last 12-Month Dividend i$0.00$2.94
Last 12-Month Dividend Yield iN/A0.59%
3-Year Avg Annual Dividend i$0.00$2.70
3-Year Avg Dividend Yield iN/A0.19%
3-Year Total Dividends i$0.00$8.10
Ex-Dividend DateN/AMar 17, 2026