Tenet Healthcare Competitors
| THC Stock | USD 203.41 3.06 1.53% |
Pair Correlation for Tenet Healthcare and Surgery Partners Details
Excellent diversification
Across the chosen horizon, Tenet Healthcare and Surgery Partners show a correlation of -0.18 and fall into the Excellent diversification bucket. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.
Moving together with Tenet Stock
Moving against Tenet Stock
The mean reversion effect in Tenet Healthcare is stronger when the initial deviation was driven by sentiment rather than fundamentals. Such deviations have sometimes corrected when the initial catalyst fades, though timing remains uncertain. The degree to which Tenet Healthcare's exhibits mean reversion depends on how efficiently the market prices new information.
Tenet Healthcare Competition Correlation Matrix
Correlation analysis between Tenet Healthcare and its competitors provides context for understanding whether diversification is real or only superficial inside the same peer group. The business currently sits in the Healthcare sector and the Medical Care Facilities industry. In practical terms, lower correlation may offer better diversification while higher correlation may leave the portfolio more exposed to one shared driver.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
Return momentum in Tenet Stock is more useful when tested against peer-relative fundamentals and risk. Risk-adjusted metrics help compare Tenet Healthcare's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ACHC | 3.22 | 0.80 | 0.25 | -2.28 | 2.93 | 6.96 | 33.41 | |||
| HCA | 1.28 | 0.08 | 0.09 | -4.18 | 1.49 | 2.67 | 9.97 | |||
| USPH | 1.41 | 0.01 | 0.00 | -0.05 | 0.00 | 3.19 | 10.34 | |||
| DVA | 1.86 | 0.42 | 0.26 | -5.88 | 1.61 | 3.95 | 26.79 | |||
| UHS | 1.45 | -0.21 | 0.00 | -0.63 | 0.00 | 2.49 | 20.16 | |||
| AMN | 3.12 | 0.37 | 0.10 | 0.67 | 3.72 | 5.50 | 44.40 | |||
| BKD | 1.87 | 0.46 | 0.19 | -2.80 | 2.28 | 4.33 | 20.32 | |||
| ENSG | 1.28 | 0.24 | 0.23 | 1.57 | 1.15 | 2.86 | 16.42 | |||
| PNTG | 1.81 | 0.14 | 0.06 | 0.23 | 2.70 | 3.67 | 14.17 | |||
| SEM | 0.89 | 0.09 | 0.08 | 0.26 | 1.35 | 2.08 | 8.88 |
Peer Comparison: Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Tenet Healthcare financial statement analysis. It represents the amount of money remaining after all of Tenet Healthcare operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Compare Tenet Healthcare and related stocks such as Acadia Healthcare, HCA Holdings, and US Physicalrapy Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ACHC | 6.2 M | -34.9 M | 20.4 M | 42.6 M | 83 M | 119.5 M | 6.1 M | 199.8 M | -175.8 M | 108.9 M | -672.1 M | 190.6 M | 273.1 M | -21.7 M | 255.6 M | -1.1 B | -1 B |
| USPH | -200 K | 21 M | 17.9 M | 12.7 M | 19.8 M | 22.3 M | 20.6 M | 22.3 M | 10.1 M | 28.1 M | 30.6 M | 27.8 M | 28.3 M | 14.7 M | 26.5 M | 15.1 M | 13 M |
| DVA | 4.9 M | 478 M | 536 M | 633.4 M | 723.1 M | 269.7 M | 879.9 M | 663.6 M | 159.4 M | 811 M | 773.6 M | 978.5 M | 560.4 M | 691.5 M | 936.3 M | 746.8 M | 432.3 M |
| UHS | 21.7 M | 398.2 M | 443.4 M | 510.7 M | 545.3 M | 680.5 M | 702.4 M | 752.3 M | 779.7 M | 814.9 M | 944 M | 991.6 M | 675.6 M | 717.8 M | 1.1 B | 1.5 B | 1.6 B |
| AMN | -5.2 M | -26.3 M | 17.1 M | 32.9 M | 33.2 M | 81.9 M | 105.8 M | 132.6 M | 141.7 M | 114 M | 70.7 M | 327.4 M | 444.1 M | 210.7 M | -147 M | -95.7 M | -90.9 M |
| BKD | 3.4 M | -68.2 M | -65.6 M | -3.6 M | -149 M | -457.5 M | -404.4 M | -571.4 M | -528.3 M | -267.9 M | 82 M | -99.3 M | -238.4 M | -189 M | -201.9 M | -262.7 M | -275.8 M |
| ENSG | 3.6 M | 47.7 M | 40.6 M | 24 M | 36 M | 55.4 M | 50 M | 40.5 M | 92.4 M | 110.5 M | 170.5 M | 194.7 M | 224.7 M | 209.4 M | 298 M | 344 M | 361.2 M |
| PNTG | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 9.9 M | 15.7 M | 2.5 M | 15.7 M | 2.7 M | 6.6 M | 13.4 M | 22.6 M | 29.6 M | 31.1 M |
| SEM | -27.9 M | 107.8 M | 148.2 M | 114.4 M | 120.6 M | 130.7 M | 115.4 M | 177.2 M | 137.8 M | 148.4 M | 259 M | 402.2 M | 159 M | 243.5 M | 214 M | 146.2 M | 152 M |
| EHC | -1.5 M | 208.7 M | 185 M | 323.6 M | 222 M | 183.1 M | 247.6 M | 271.1 M | 292.3 M | 358.7 M | 284.2 M | 412.2 M | 271 M | 352 M | 455.7 M | 566.2 M | 594.5 M |
| INNV | -4.8 M | -4.8 M | -4.8 M | -4.8 M | -4.8 M | -4.2 M | -13.7 M | -6.5 M | 19.6 M | 26.3 M | -44 M | -6.5 M | -40.7 M | -21.3 M | -30.3 M | -27.3 M | -25.9 M |
| ADUS | 197 K | -2 M | 7.6 M | 19.1 M | 12.2 M | 11.6 M | 12 M | 13.6 M | 17.5 M | 25.2 M | 33.1 M | 45.1 M | 46 M | 62.5 M | 73.6 M | 95.9 M | 100.7 M |
| SGRY | 1.9 M | 1.9 M | 1.9 M | -9.1 M | -65.9 M | 1.4 M | 9.5 M | -53 M | -205.7 M | -74.8 M | -116.1 M | -70.9 M | -54.6 M | -11.9 M | -168.1 M | -77.9 M | -81.8 M |
Tenet Healthcare Competitive Analysis
Among Acadia Healthcare, US Physicalrapy, and DaVita HealthCare and Tenet Healthcare, each company brings a distinct financial profile to the table. Tenet Healthcare contributes 21.31 B in revenue from a 17.88 B base. Profitability stands at a 6.60% net margin with return on equity reaching 27.02%. Tenet Healthcare dwarfs Acadia Healthcare on market cap at 17.88 B versus 2.14 B. Tenet Healthcare leads on revenue, 21.31 B to 781.0 M, a substantial gap. On equity returns, DaVita HealthCare earns 64.85% compared to 27.02% at Tenet Healthcare.| Better Than Average | Worse Than Peers | View Performance Chart |
Tenet Healthcare Competition Peer Performance Charts
How to Analyze Tenet Healthcare Against Peers
Tenet Healthcare's peer analysis compares Tenet Healthcare with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Tenet Healthcare trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Tenet Healthcare leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Operating expenses at Tenet Healthcare as a share of revenue sit below the peer group midpoint, signaling tighter cost control. Competitive positioning can change as margins, market share, and balance-sheet flexibility shift. For peer comparison, Tenet Healthcare has a market cap of 17.88 B, P/E of 11.95, profit margin of 6.6%.
Reported values for Tenet Healthcare are derived from periodic company reporting and market reference feeds and then standardized for analysis. Where analyst coverage exists, consensus estimates are factored in. Refresh timing depends on source availability.