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Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 50 as of July 2024) and over 500 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
1975
98K+
LTM Revenue $20.7B
LTM EBITDA $4.0B
$22.5B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Tenet Healthcare has a last 12-month revenue of $20.7B and a last 12-month EBITDA of $4.0B.
In the most recent fiscal year, Tenet Healthcare achieved revenue of $20.7B and an EBITDA of $6.9B.
Tenet Healthcare expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Tenet Healthcare valuation multiples based on analyst estimates| FY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $19.2B | $20.5B | $20.7B | $20.7B | XXX |
| Gross Profit | $15.9B | $17.0B | $17.0B | XXX | XXX |
| Gross Margin | 83% | 83% | 82% | XXX | XXX |
| EBITDA | $3.1B | $3.4B | $6.9B | $4.0B | XXX |
| EBITDA Margin | 16% | 16% | 33% | 19% | XXX |
| Net Profit | $411M | $611M | $3.2B | XXX | XXX |
| Net Margin | 2% | 3% | 15% | XXX | XXX |
| Net Debt | $14.2B | $13.8B | $10.2B | XXX | XXX |
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As of February 21, 2025, Tenet Healthcare's stock price is $130.
Tenet Healthcare has current market cap of $12.3B, and EV of $22.5B.
See Tenet Healthcare trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $22.5B | $12.3B | XXX | XXX | XXX | XXX | $11.89 |
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Sign UpAs of February 21, 2025, Tenet Healthcare has market cap of $12.3B and EV of $22.5B.
Tenet Healthcare's trades at 1.1x LTM EV/Revenue multiple, and 5.6x LTM EBITDA.
Analysts estimate Tenet Healthcare's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Tenet Healthcare and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $22.5B | XXX | XXX | XXX |
| EV/Revenue | 1.1x | XXX | XXX | XXX |
| EV/EBITDA | 3.3x | XXX | XXX | XXX |
| P/E | 3.9x | XXX | XXX | XXX |
| P/E/Growth | -0.1x | XXX | XXX | XXX |
| EV/FCF | 20.1x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpTenet Healthcare's NTM/LTM revenue growth is 2%
Tenet Healthcare's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Tenet Healthcare's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Tenet Healthcare's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Tenet Healthcare and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 33% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 103% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 35% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 43% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 68% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Burjeel Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| PureHealth | XXX | XXX | XXX | XXX | XXX | XXX |
| Integral Diagnostics | XXX | XXX | XXX | XXX | XXX | XXX |
| Ramsay Health | XXX | XXX | XXX | XXX | XXX | XXX |
| Compass Pathways | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Tenet Healthcare acquired XXX companies to date.
Last acquisition by Tenet Healthcare was XXXXXXXX, XXXXX XXXXX XXXXXX . Tenet Healthcare acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Tenet Healthcare founded? | Tenet Healthcare was founded in 1975. |
| Where is Tenet Healthcare headquartered? | Tenet Healthcare is headquartered in United States of America. |
| How many employees does Tenet Healthcare have? | As of today, Tenet Healthcare has 98K+ employees. |
| Who is the CEO of Tenet Healthcare? | Tenet Healthcare's CEO is Dr. Saumya Sutaria, M.D.. |
| Is Tenet Healthcare publicy listed? | Yes, Tenet Healthcare is a public company listed on NYS. |
| What is the stock symbol of Tenet Healthcare? | Tenet Healthcare trades under THC ticker. |
| When did Tenet Healthcare go public? | Tenet Healthcare went public in 1976. |
| Who are competitors of Tenet Healthcare? | Similar companies to Tenet Healthcare include e.g. Burjeel Holdings, PureHealth, Integral Diagnostics, Ramsay Health. |
| What is the current market cap of Tenet Healthcare? | Tenet Healthcare's current market cap is $12.3B |
| What is the current revenue of Tenet Healthcare? | Tenet Healthcare's last 12-month revenue is $20.7B. |
| What is the current EBITDA of Tenet Healthcare? | Tenet Healthcare's last 12-month EBITDA is $4.0B. |
| What is the current EV/Revenue multiple of Tenet Healthcare? | Current revenue multiple of Tenet Healthcare is 1.1x. |
| What is the current EV/EBITDA multiple of Tenet Healthcare? | Current EBITDA multiple of Tenet Healthcare is 5.6x. |
| What is the current revenue growth of Tenet Healthcare? | Tenet Healthcare revenue growth between 2023 and 2024 was 1%. |
| Is Tenet Healthcare profitable? | Yes, Tenet Healthcare is EBITDA-positive (as of the last 12 months). |
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