Tenet Healthcare (THC) logo

Tenet Healthcare (THC) stock

Hospitals and surgery centers , market cap $23B

After-hours Fri
$284.00
+0.24%

Close $283.33 -1.09%

As of Friday's close · Live for Pro members at the open

Quality Score
20
Exceptional
In its industry
#1of 6

THC's Quality Score was unchanged on Fri, Nov 6, at 20.

See THC's 14 chart checksSee it live, free until Tuesday morning. No account. No card. Then keep going with a free account.

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Why THC beats the market

Up 419% over three years while the S&P 500 rose 75%.

“The change was driven by (1) a $300 million increase from 2024 and 2025 acquisitions, de novo development and purchases of controlling interests”

Its fiscal 2025 10-K said

Sources: Price history, Nov 6, 2026; Annual report (10-K), Feb 17, 2026

1 more reason, free with an account →4 more reasons why THC beats the market, from its filings, with the other side, the company's words, the timeline, and its peers, for Pro members.

Key facts on THC

Key facts on THC
Free cash flow up 688%$321M → $2.53B in 3 years
Latest filing8-K, Oct 29 Reported its quarterly results
1 more reason behind THC's 20, free with an account →6 more reasons behind THC's 20, for Pro members.

THC in the news

Wed Nov 4Tenet Healthcare Corporation (THC) Seasonal returns chart Yahoo Finance and 1 more THC closed +9.6% that day.

THC catalysts

Coming up

After its last 4 reports it closed +8.4% on average, higher 3 of 4 times.

42 past catalysts since 2019, with sizes and sources, for Pro members.Get in free →

Why THC scores 20

Exceptionalfor quality, not price, 7 of 14 chart checks firingWhat the Quality Score means

Well above its recent run. THC scores 20 today, against a median of 16 over its last 20 recorded sessions.

  • +7Chart checks 7 of 14 firing right now, one point each
  • +4Long-term trend above a rising 200-⁠day average, near its 52-⁠week high, at a multi-⁠year high
  • Run-up adds
  • Size adds
  • Profit addsRead on the last four quarters against the four before, or the last full year where no quarters are filed.
  • Growth addsSales and margins against a year earlier: up to +3 for fast growth and widening margins, down to -2 when both shrink.
  • Persistence adds
  • News adds
  • Insider trades subtracts

No effect today: Dilution, Volatility, and Cash flow.

What every line is worth, and the reason behind it, on THC and every other stock.Get in free →

Price, score, chart checks, and the industry rank are from a snapshot taken at 7:17 PM ET, at least 15 minutes behind. How we rank stocks.

Tested. Our top-⁠scored stocks returned 2.2x the average stock over the next month. How we tested it

Alert me when THC's Quality Score turns up

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Here is what Pro members see.

  • The same page for Pro members, on AMD

    Its Quality Score and rank, the line that drives it, and the live price.

  • The full chart

    A year of candles to start, out to the whole history, with insider trades marked and the Quality Score under the price.

  • Every line of the score

    Price action, the company, and signals, each with its points, on THC and every other stock.

  • CEOs buying their own stock

    Every CEO buy, biggest names first. Sort, filter, save the list, and set optional alerts.

  • Congress trades

    A member's trades, newest first, each with its amount. Sort and filter the whole list.

  • 14 chart checks, read for you

    The ones firing on the stock, each in plain words, its rule a tap away.

  • Earnings, week by week

    Who reports each day, and how each stock took its last four reports.

  • FDA dates, counted down

    Each date in the company's words, its cash against the date, and an optional alert before it.

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    Every stock a box, colored by its Quality Score.

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    Each theme's stocks ranked by Quality Score, live. Here, AI chips.

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THC has 7 of 14 chart checks firing

Volume1 of 3 shown
Tight range1 of 3 shown
Buying1 of 3 shown
The other 10 checks on THC, and all 14 on every stock.Get in free →

THC RSI on Nov 6: 60.2, above its 50-day and 200-day averages

Not scored

Not in the Quality Score: over 20 years of tests, 2006 to 2026, they added no edge.

  • RSI 1460.2

    Above 50, below 70.

  • MACD (12, 26, 9)Above signal

    Crossed above its signal line 2 sessions ago.

  • The price is 6.8% above it.

  • The price is 27.4% above it.

  • 50/200 crossGolden cross

    The 50-day crossed above the 200-day on Aug 11.

  • ADX 1415.7

    Under 25, with +DI above -DI.

  • Support$264.15

    Swing low from Oct 19, 6.8% below the price.

  • Resistance$301.44

    No swing high over the price in the last year. This is the 52-week high, 6.4% above.

  • From Nov 5, 6.4% above the price.

  • From Jun 8, 44.4% below the price.

  • No triangle, channel, or wedge in the last year.

  • The bands run from $257.51 to $286.25.

  • Volume0.7x

    Against its 20-day average, for the time of day.

The deep dive on THC

9 more findings on THC, each with its source, for Pro membersGet in free →

How THC ranks in Hospitals

THC is #1 of 6 by Quality Score among Services-⁠General Medical & Surgical Hospitals.

How THC ranks in Hospitals
1Tenet Healthcare (THC) logoTHCTenet Healthcare20

Share count against a year before: THC -8.4%, SGRY +1.5%, UHS -7.3%.

More in Hospitals

When does THC report earnings, and what happens after?

Expected to report Wed Feb 10, before the open (in 95 days). Expected.

What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.

What THC reported on Oct 29, 2026

The quarter

Sales of $5.6B; a profit of $12.41 a share, from $3.86.

“Adjusted EBITDA 1 was $1.355 billion in third quarter 2026 compared to $1.099 billion in third quarter 2025, reflecting strong same facility revenue growth and disciplined expense management partially offset by unfavorable payer mix due to lower exchange admissions.”

The quarter that ended Sep 30, from the company's press release

The press releaseThe filing on EDGAR

Where the sales came from

THC's results filing gives no sales by line in a table we read.

The outlook

The outlook the company gave, by period
MeasureFigure
FY 2026
Adjusted EBITDA$5.05B to $5.20Braised

Figures as filed (SEC filing, Oct 29)

3 more outlook lines, for Pro members.

The numbers

Market value
$23B
today
Sales
$22B
up 5.4% on the year
Free cash flow
$3B
last 12 months

Sales grew 3.9% a year over 5 years, fiscal 2020 to 2025.

Its share count fell 3.1% a year over 5 years.

5 more figures, for Pro members.

No analyst estimates on Breakaway: every figure here is filed.

The whole report on THC: every line of its sales, every outlook beside the one it replaced, and the company's words, for Pro members.Get in free →
ReportedGapReaction5
sessions
Oct 29, 2026Before open-3.5%+0.8%+8.8%
Jul 23, 2026After close+18.1%+17.2%+27.0%
Apr 30, 2026Before open+1.9%-1.6%+8.0%

THC closed higher after 3 of its last 4 reports.

All 4 reports, and THC's Quality Score going into each

THC sales and profit by year

Sales and profit by year

Sales grew in five of the last seven years, to $21B in 2025. It made a profit in each of the eight years.

Insiders trading THC

THC insider trades

11 insiders sold $51.5M across 25 filings in the last 6 months. No open-⁠market buys on record. The newest:

SellJ. Robert Kerrey$1.4MDirectorat $263.04 on Sep 14, filed Sep 16
All 25 insider filings on THC from the last six months, for Pro members.Get in free →

All THC insider trades

THC trades by Congress and the executive branch

2 trades disclosed in the last six months. The newest:

SellJonathan Jackson$15K to $50KHousetraded Apr 20, disclosed May 27(37 days later)
All 2 trades on THC disclosed by Congress and the executive branch, for Pro members.Get in free →

See what Congress is buying across the market

THC's officers and directors

Officers and directors with a Form 4 in the last 12 months.

9 more officers and directors file at THC. Each page above names the rest.

See insider trades by person

Which ETFs hold THC?

In ETFs: THC is under 0.1% of VTI, the most of the 24 funds Breakaway covers, by their holdings as filed for Jun 30, 2026.

About Tenet Healthcare

Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.

99,000 employeesDallas, TXtenethealth.com

What Tenet Healthcare says it competes with

“We believe our hospitals and outpatient facilities compete within local areas and regions on the basis of many factors, including: quality of care; location and ease of access; the scope and breadth of services offered; reputation; and the caliber of the facilities, equipment and employees.”

From its annual report, SEC filing · Feb 17, 2026

2 more sentences and what it says it does, for Pro membersGet in free →

THC's score card

Tenet Healthcare (THC): Quality Score 20, Exceptional, #1 of 6 in Hospitals, with its price, on Breakaway
The picture a link to this page shows when it is shared.

Pro members see every line of every stock's score.

  • What would move THC's score: 3 things
  • 3 more filings explained, a plain line each
  • Real-⁠time prices, no delay
BreakawayMay 27Jonathan Jackson sold THC$15K to $50K, disclosed May 27

Alerts are optional.

See THC's 14 chart checks

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Straight AnswersStraight Answers

As of Nov 7, 2026: THC's Quality Score is 20 (Exceptional), #1 of 6 in Services-General Medical & Surgical Hospitals. Insiders sold $51.5M in the last 6 months (Form 4).

Is THC a good stock to buy? What its Quality Score says

THC scores 20 today, which Breakaway calls Exceptional. It is #1 of 6 in Services-⁠General Medical & Surgical Hospitals by Quality Score, with 7 of 14 chart checks firing. Up 419% over three years while the S&P 500 rose 75%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.

What is THC's Quality Score?

THC scores 20 today, which Breakaway calls Exceptional (20 or more). That is #1 of 6 in Services-⁠General Medical & Surgical Hospitals by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind THC's 20.

Are insiders buying THC?

11 insiders sold $51.5M across 25 filings in the last 6 months. No open-⁠market buys on record. The newest is J. Robert Kerrey, Director, who sold $1.4M on Sep 14. Every filing, with the scored weight, for Pro members.

Are the prices delayed?

Only on the public pages, which run at least 15 minutes behind. Pro members, and anyone on a guest pass, see real-time prices: the scanner refreshes every 15 seconds, and your watchlist every few seconds, pre-market and after hours included.

The moves after past earnings reports are past behavior, not a forecast.

The price, the score, the chart checks and readings, and the industry rank on this page are delayed at least 15 minutes.

Our top-scored stocks' record: Oct 2021 to Sep 2026, before costs. Recorded live since Sep 9 2026.

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