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Tenet Healthcare Corporation (THC) is a healthcare company in the standard inpatient medical facilities industry, based in Dallas, United States, with about 77,000 full-time employees.
It reported revenue of $21.31 billion for fiscal year 2025, up 3.1% from fiscal year 2024, and net income of $1.41 billion. In Q2 2026 (the quarter ended June 30, 2026) revenue was $5.63 billion, up 6.8% from a year before. Its largest business segment, Hospital Operations and Services, brought in 76% of segment revenue in fiscal year 2025. Its market capitalization was $21.24 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
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.
Tenet Healthcare reported $21.31 billion in revenue for fiscal year 2025, up 3.1% from $20.67 billion in fiscal year 2024. In Q2 2026 revenue was $5.63 billion.
Hospital Operations and Services, with $16.14 billion or 76% of segment revenue in fiscal year 2025. Next: Ambulatory Care (24%).
$21.24 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (standard inpatient medical facilities) include HCA Healthcare, Inc. (HCA), Universal Health Services, Inc. (UHS), Ardent Health, Inc. (ARDT), Nutex Health Inc. (NUTX).