Shares of Health Care sector company Tenet Healthcare moved -3.3% today, and are now trading at a price of $78.27. The mid-cap stock's daily volume was 697,703 compared to its average volume of 1,345,473. The S&P 500 index returned a -1.0% performance.
Tenet Healthcare Corporation operates as a diversified healthcare services company. The company is based in Dallas and has 75,776 full time employees. Its market capitalization is $7,948,474,880.
Over the last year, THC's share price has increased by 51.6%, which represents a difference of 30.2% when compared to the S&P 500. The stock's 52 week high is $85.4 per share whereas its 52 week low is $49.61. Tenet Healthcare's average free cash flow over the last 6 years has been $1.14 Billion, but they have been decreasing at an average rate of -1.8%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,971,000 | 833,000 | 1,138,000 | 254.52 |
| 2022 | 1,083,000 | 762,000 | 321,000 | -64.73 |
| 2021 | 1,568,000 | 658,000 | 910,000 | -68.26 |
| 2020 | 3,407,000 | 540,000 | 2,867,000 | 409.24 |
| 2019 | 1,233,000 | 670,000 | 563,000 | -45.55 |
| 2018 | 1,049,000 | 15,000 | 1,034,000 |
