Tenet Healthcare Corp.
- THC · NYSE
- Services-General Medical & Surgical Hospitals, NEC
- Dallas, TX
- 100,000 employees
- CIK 0000070318
Updated from SEC filings through
Top things to know
Executives
- Saumya Sutaria CEO 4, 2026-08-26
- Sun Park EVP & Chief Financial Officer 4, 2026-03-03
- Lisa Y. Foo EVP, Chief Operating Officer 4, 2026-09-01
- Paola M. Arbour EVP, Chief Information Officer 4, 2026-07-28
- Thomas W. Arnst EVP, Chief Admin. Officer & GC 4, 2026-03-10
- John Michael Grooms Principal Accounting Officer 3, 2026-05-08
Tenet Healthcare Corp is a U.S. public company in services-general medical & surgical hospitals, nec (SIC 8062), headquartered in Dallas, TX. It trades as THC on NYSE. Revenue was $21.3B in the fiscal year ending December 31, 2025, +3.1% from the year before. It reported about 100,000 employees. Saumya Sutaria is CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $21.3B 10-K, 2026-02-17 | $20.7B 10-K, 2026-02-17 | $20.6B 10-K, 2026-02-17 | $19.2B 10-K, 2025-02-18 | $19.5B 10-K, 2024-02-16 |
| Operating income | $3.5B 10-K, 2026-02-17 | $6.0B 10-K, 2026-02-17 | $2.5B 10-K, 2026-02-17 | $2.3B 10-K, 2025-02-18 | $2.9B 10-K, 2024-02-16 |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $2.4B 10-K, 2026-02-17 | $4.1B 10-K, 2026-02-17 | $1.3B 10-K, 2026-02-17 | $1.0B 10-K, 2025-02-18 | $1.5B 10-K, 2024-02-16 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Saumya Sutaria | CEO | 4, 2026-08-26 |
| Sun Park | EVP & Chief Financial Officer | 4, 2026-03-03 |
| Lisa Y. Foo | EVP, Chief Operating Officer | 4, 2026-09-01 |
| Paola M. Arbour | EVP, Chief Information Officer | 4, 2026-07-28 |
| Thomas W. Arnst | EVP, Chief Admin. Officer & GC | 4, 2026-03-10 |
| John Michael Grooms | Principal Accounting Officer | 3, 2026-05-08 |
| Michael T. Maloney | EVP, Corporate Development | 3, 2026-03-09 |
| R. Scott Ramsey Senior VP, Controller/CAO at Tenet Healthcare | Principal Accounting Officer | 4, 2026-03-03 |
| Cecil D. Haney | Director | 10-K, 2026-02-17 |
| Chris Lynch | Director | 10-K, 2026-02-17 |
| J. Robert Kerrey | Director | 10-K, 2026-02-17 |
| James L. Bierman | Director | 10-K, 2026-02-17 |
| Meghan M. FitzGerald, DrPH | Director | 10-K, 2026-02-17 |
| Nadja West, M.D. | Director | 10-K, 2026-02-17 |
| Richard Fisher | Director | 10-K, 2026-02-17 |
| Richard Mark | Director | 10-K, 2026-02-17 |
What Tenet Healthcare Corp does
Tenet Healthcare Corporation (“Tenet”) is a diversified healthcare services company with its headquarters in Dallas, Texas, and a Global Business Center (“GBC”) in the Philippines that supports various enterprise-wide administrative functions. We operate our expansive, nationwide care delivery network through direct and indirect subsidiaries, as well as downstream partnerships and joint ventures; the terms “we,” “our” and “us,” as used in this report and unless otherwise stated or indicated by the context, refer to Tenet and these entities.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 79.6 million (as of October 23, 2026) | 10-Q, October 29, 2026 |
|---|---|---|
| Public float | $12.2B (as of June 30, 2025) | 10-K, February 17, 2026 |
| Reportable segments | 2 (period ending December 31, 2025) | 10-K, February 17, 2026 |
| Latest proxy statement | Meeting May 27, 2026 (filed April 16, 2026) | DEF 14A, April 16, 2026 |
| Auditor | Deloitte & Touche LLP (Dallas, Texas) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 14, 2026 | J. Robert Kerrey Director | Sale | 12,010 | $3.2M | Form 4, September 16, 2026 |
| September 10, 2026 | Richard J. Mark Director | Sale | 10,000 | $2.6M | Form 4, September 14, 2026 |
| September 2, 2026 | Nadja West Director | Sale | 1,152 | $298K | Form 4, September 3, 2026 |
| August 31, 2026 | Lisa Y. Foo EVP, Chief Operating Officer | Sale | 24,000 | $6.4M | Form 4, September 1, 2026 |
| August 25, 2026 | Saumya Sutaria CEO | Sale | 100,000 | $27.6M | Form 4, August 26, 2026 |
| August 24, 2026 | Cecil D. Haney Director | Sale | 1,300 | $361K | Form 4, August 26, 2026 |
| August 7, 2026 | Tammy Romo Director | Sale | 7,422 | $2.0M | Form 4, August 10, 2026 |
| August 5, 2026 | Roy Blunt Director | Sale | 600 | $158K | Form 4, August 7, 2026 |
Recent 8-K events
- 8-K filed 2026-10-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-22
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-09-08
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-07-23
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-29
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-30
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-10
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-03-30
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-02-11
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-02
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
Frequently asked questions about Tenet Healthcare Corp
- What does Tenet Healthcare Corp do?
- In its own words, from Item 1 of its 10-K: "Tenet Healthcare Corporation (“Tenet”) is a diversified healthcare services company with its headquarters in Dallas, Texas, and a Global Business Center (“GBC”) in the Philippines that supports various enterprise-wide administrative functions. We operate our expansive, nationwide care delivery network through direct and indirect subsidiaries, as well as downstream partnerships and joint ventures; the terms “we,” “our” and “us,” as used in this report and unless otherwise stated or indicated by the context, refer to Tenet and these entities."
- What is Tenet Healthcare Corp's revenue?
- $21.3B for the fiscal year ending December 31, 2025, from its 10-K filed February 17, 2026.
- Is Tenet Healthcare Corp profitable?
- Tenet Healthcare Corp reported net income of $2.4B for the fiscal year ending December 31, 2025.
- How many employees does Tenet Healthcare Corp have?
- About 100,000 as of February 17, 2026, as stated in its annual report.
- Who is the CEO of Tenet Healthcare Corp?
- Saumya Sutaria, CEO, as named in a 4 filed August 26, 2026.
- Who is the CFO of Tenet Healthcare Corp?
- Sun Park, EVP & Chief Financial Officer, as named in a 4 filed March 3, 2026.
- Where is Tenet Healthcare Corp headquartered?
- Dallas, TX.
- What is Tenet Healthcare Corp's stock ticker?
- THC on NYSE.
- What industry is Tenet Healthcare Corp in?
- Services-General Medical & Surgical Hospitals, NEC, SIC code 8062.
- What is Tenet Healthcare Corp's website?
- tenethealth.com. Investor relations: https://investor.tenethealth.com/home/default.aspx.
- When does Tenet Healthcare Corp report earnings next?
- February 3, 2027. Source: estimate_8k_pattern.
- Is Tenet Healthcare Corp a public company?
- Yes. Tenet Healthcare Corp files with the SEC under CIK 0000070318 and trades as THC.
- Who audits Tenet Healthcare Corp?
- Deloitte & Touche LLP, Dallas, Texas, as named in its latest annual report (10-K).
- How many shares of Tenet Healthcare Corp are outstanding?
- 79.6 million shares as of October 23, 2026, from its 10-Q filed October 29, 2026.
- What is Tenet Healthcare Corp's public float?
- $12.2B as of June 30, 2025, as reported on the cover of its 10-K filed February 17, 2026.
- How many business segments does Tenet Healthcare Corp report?
- 2 reportable segments for the period ending December 31, 2025, from its 10-K filed February 17, 2026.
- When is Tenet Healthcare Corp's annual shareholder meeting?
- May 27, 2026, per its proxy statement (DEF 14A) filed April 16, 2026.
- Have Tenet Healthcare Corp insiders traded stock recently?
- Since August 19, 2025, officers and directors reported 27 open-market sales worth about $88.9M and 0 purchases on Forms 4 and 5. The most recent: J. Robert Kerrey (Director) sold 12,010 shares on September 14, 2026.