Tenet Healthcare Corp

THC: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Tenet Earnings: Elevated Utilization and Margin Improvement Stoke Momentum

Julie Utterback

Feb 11, 2026

Tenet turned in fourth-quarter results that included 9% revenue, 13% adjusted EBITDA, and 37% adjusted EPS growth to $16.78, materially exceeding previous expectations, including EPS of $15.93-$16.26. Tenet's guidance for 2026 includes continued profit and cash flow growth, too, at the midpoint.

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Tenet Healthcare Corp

Tenet Earnings: Elevated Utilization and Margin Improvement Stoke Momentum

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