TPC vs. THC
TPC (Tutor Perini Corporation) and THC (Tenet Healthcare Corporation) are both stocks. TPC operates in Engineering & Construction (Industrials), while THC operates in Medical Care Facilities (Healthcare). Over the past 10 years, TPC returned 12.26%/yr vs 18.46%/yr for THC. At a 0.21 correlation, their price movements are largely independent.
Performance
TPC vs. THC - Performance Comparison
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Returns By Period
In the year-to-date period, TPC achieves a 7.99% return, which is significantly higher than THC's -18.80% return. Over the past 10 years, TPC has underperformed THC with an annualized return of 12.26%, while THC has yielded a comparatively higher 18.46% annualized return.
TPC
- 1D
- -2.73%
- 1M
- -22.04%
- YTD
- 7.99%
- 6M
- 7.11%
- 1Y
- 88.40%
- 3Y*
- 125.59%
- 5Y*
- 35.76%
- 10Y*
- 12.26%
THC
- 1D
- -2.11%
- 1M
- -13.66%
- YTD
- -18.80%
- 6M
- -23.93%
- 1Y
- -5.02%
- 3Y*
- 29.72%
- 5Y*
- 18.96%
- 10Y*
- 18.46%
TPC vs. THC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TPC Tutor Perini Corporation | 7.99% | 177.18% | 165.93% | 20.53% | -38.97% | -4.48% | 0.70% | -19.47% | -37.00% | -9.46% |
THC Tenet Healthcare Corporation | -18.80% | 57.43% | 67.04% | 54.89% | -40.27% | 104.58% | 5.00% | 121.88% | 13.06% | 2.16% |
Correlation
The correlation between TPC and THC is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1982 | 0.21 |
The correlation between TPC and THC shifts across timeframes, from 0.18 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TPC:
$3.88B
THC:
$14.14B
TPC:
$2.35
THC:
$21.43
TPC:
30.75
THC:
7.53
TPC:
0.68
THC:
0.67
TPC:
3.20
THC:
2.94
TPC:
$5.69B
THC:
$21.46B
TPC:
$667.75M
THC:
$12.91B
TPC:
$285.88M
THC:
$4.00B
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Return for Risk
TPC vs. THC — Risk / Return Rank
TPC
THC
TPC vs. THC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tutor Perini Corporation (TPC) and Tenet Healthcare Corporation (THC). 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.
| TPC | THC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +2.25 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.01 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | -0.15 | +3.50 |
| Martin ratioReturn relative to average drawdown | 9.63 | -0.40 | +10.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TPC | THC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | -0.13 | +2.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.43 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.33 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.11 | +0.02 |
Drawdowns
TPC vs. THC - Drawdown Comparison
The maximum TPC drawdown since its inception was -95.89%, roughly equal to the maximum THC drawdown of -98.28%. Use the drawdown chart below to compare losses from any high point for TPC and THC.
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Drawdown Indicators
| TPC | THC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.89% | -98.28% | +2.39% |
Max Drawdown (1Y)Largest decline over 1 year | -26.48% | -34.08% | +7.60% |
Max Drawdown (3Y)Largest decline over 3 years | -40.94% | -36.90% | -4.04% |
Max Drawdown (5Y)Largest decline over 5 years | -67.79% | -58.88% | -8.91% |
Max Drawdown (10Y)Largest decline over 10 years | -91.02% | -71.68% | -19.34% |
Current DrawdownCurrent decline from peak | -25.68% | -34.08% | +8.40% |
Average DrawdownAverage peak-to-trough decline | -51.98% | -51.56% | -0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.21% | 12.42% | -3.21% |
Volatility
TPC vs. THC - Volatility Comparison
Tutor Perini Corporation (TPC) has a higher volatility of 20.49% compared to Tenet Healthcare Corporation (THC) at 11.17%. This indicates that TPC's price experiences larger fluctuations and is considered to be riskier than THC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TPC | THC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.49% | 11.17% | +9.32% |
Volatility (6M)Calculated over the trailing 6-month period | 37.33% | 27.68% | +9.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.44% | 39.22% | +7.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.29% | 44.29% | +11.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.07% | 56.29% | +8.78% |
Dividends
TPC vs. THC - Dividend Comparison
TPC's dividend yield for the trailing twelve months is around 0.25%, while THC has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
THC Tenet Healthcare Corporation | 0.00% | 0.00% |
TPC Tutor Perini Corporation | 0.25% | 0.09% |
Financials
TPC vs. THC - Financials Comparison
This section allows you to compare key financial metrics between Tutor Perini Corporation and Tenet Healthcare Corporation. 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
TPC vs. THC - Profitability Comparison
TPC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tutor Perini Corporation reported a gross profit of 154.63M and revenue of 1.39B. Therefore, the gross margin over that period was 11.1%.
THC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tenet Healthcare Corporation reported a gross profit of 3.19B and revenue of 5.37B. Therefore, the gross margin over that period was 59.5%.
TPC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tutor Perini Corporation reported an operating income of 59.18M and revenue of 1.39B, resulting in an operating margin of 4.3%.
THC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tenet Healthcare Corporation reported an operating income of 1.30B and revenue of 5.37B, resulting in an operating margin of 24.1%.
TPC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tutor Perini Corporation reported a net income of 73.49M and revenue of 1.39B, resulting in a net margin of 5.3%.
THC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tenet Healthcare Corporation reported a net income of 906.00M and revenue of 5.37B, resulting in a net margin of 16.9%.
Frequently Asked Questions
TPC and THC have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TPC has higher volatility (20.49%) compared to THC (11.17%). In terms of maximum drawdown, TPC dropped -95.89% vs THC's -98.28%.
TPC currently has the higher Sharpe Ratio (1.91 vs -0.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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