THC vs. HCA
Compare and contrast key facts about Tenet Healthcare Corporation (THC) and HCA Healthcare, Inc. (HCA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: THC or HCA.
Correlation
The correlation between THC and HCA is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
THC vs. HCA - Performance Comparison
Key characteristics
THC:
0.39
HCA:
0.38
THC:
0.97
HCA:
0.77
THC:
1.12
HCA:
1.11
THC:
0.42
HCA:
0.47
THC:
1.31
HCA:
0.86
THC:
15.19%
HCA:
15.60%
THC:
43.39%
HCA:
28.65%
THC:
-98.28%
HCA:
-54.74%
THC:
-28.72%
HCA:
-14.51%
Fundamentals
THC:
$13.82B
HCA:
$84.05B
THC:
$15.60
HCA:
$22.54
THC:
9.54
HCA:
15.50
THC:
0.85
HCA:
1.16
THC:
0.67
HCA:
1.17
THC:
3.31
HCA:
293.44
THC:
$20.52B
HCA:
$71.59B
THC:
$9.71B
HCA:
$48.61B
THC:
$4.44B
HCA:
$14.06B
Returns By Period
The year-to-date returns for both investments are quite close, with THC having a 17.90% return and HCA slightly higher at 18.11%. Over the past 10 years, THC has underperformed HCA with an annualized return of 12.01%, while HCA has yielded a comparatively higher 17.38% annualized return.
THC
17.90%
13.55%
-9.91%
16.56%
50.25%
12.01%
HCA
18.11%
4.48%
0.31%
10.76%
27.90%
17.38%
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Risk-Adjusted Performance
THC vs. HCA — Risk-Adjusted Performance Rank
THC
HCA
THC vs. HCA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tenet Healthcare Corporation (THC) and HCA Healthcare, Inc. (HCA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
THC vs. HCA - Dividend Comparison
THC has not paid dividends to shareholders, while HCA's dividend yield for the trailing twelve months is around 0.76%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
THC Tenet Healthcare Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HCA HCA Healthcare, Inc. | 0.76% | 0.88% | 0.89% | 0.93% | 0.75% | 0.47% | 1.08% | 1.12% |
Drawdowns
THC vs. HCA - Drawdown Comparison
The maximum THC drawdown since its inception was -98.28%, which is greater than HCA's maximum drawdown of -54.74%. Use the drawdown chart below to compare losses from any high point for THC and HCA. For additional features, visit the drawdowns tool.
Volatility
THC vs. HCA - Volatility Comparison
Tenet Healthcare Corporation (THC) has a higher volatility of 18.33% compared to HCA Healthcare, Inc. (HCA) at 10.06%. This indicates that THC's price experiences larger fluctuations and is considered to be riskier than HCA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
THC vs. HCA - Financials Comparison
This section allows you to compare key financial metrics between Tenet Healthcare Corporation and HCA Healthcare, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
THC vs. HCA - Profitability Comparison
THC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Tenet Healthcare Corporation reported a gross profit of 3.10B and revenue of 5.22B. Therefore, the gross margin over that period was 59.4%.
HCA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, HCA Healthcare, Inc. reported a gross profit of 15.56B and revenue of 18.32B. Therefore, the gross margin over that period was 84.9%.
THC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Tenet Healthcare Corporation reported an operating income of 943.00M and revenue of 5.22B, resulting in an operating margin of 18.1%.
HCA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, HCA Healthcare, Inc. reported an operating income of 2.86B and revenue of 18.32B, resulting in an operating margin of 15.6%.
THC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Tenet Healthcare Corporation reported a net income of 406.00M and revenue of 5.22B, resulting in a net margin of 7.8%.
HCA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, HCA Healthcare, Inc. reported a net income of 1.61B and revenue of 18.32B, resulting in a net margin of 8.8%.