Encompass Health (EHC) vs Tenet Healthcare (THC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Tenet Healthcare (THC) has outperformed Encompass Health (EHC) over the past year, gaining 26.9% versus a loss of 2.2%. Over five years, THC leads with a +308.8% price change compared with +127.7% for EHC. Tenet Healthcare is the larger company by market cap ($20.92 billion vs $12.08 billion), about 1.7 times the size, while Encompass Health is growing revenue faster (+10.5% vs +3.1%).
On valuation, Tenet Healthcare trades at a lower forward P/E (12.3x vs 18.3x for Encompass Health). Encompass Health pays a dividend yielding 0.62%, while Tenet Healthcare does not currently pay one. Tenet Healthcare converts more of its revenue into profit, with a net margin of 11.1% versus 9.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EHC | THC |
|---|---|---|
| Share price | $122.48 | $259.83 |
| Market cap | $12.08B | $20.92B |
| 1-day change | -1.77% | +0.53% |
| YTD return | +15.39% | +30.75% |
| 1-year return | -2.17% | +26.85% |
| 5-year return | +127.68% | +308.79% |
| P/E ratio (TTM) | 20.48 | 10.01 |
| Forward P/E | 18.34 | 12.32 |
| EPS (TTM) | $5.98 | $25.97 |
| Dividend yield | 0.62% | 0.00% |
| Annual dividend | $0.76 | $0.00 |
| Revenue (latest FY) | $5.94B | $21.31B |
| Revenue growth (YoY) | +10.46% | +3.07% |
| Net income (latest FY) | $566.20M | $2.37B |
| Operating margin | — | 16.46% |
| Net margin | 9.54% | 11.11% |
| 52-week high | $127.99 | $283.05 |
| 52-week low | $92.77 | $157.58 |
| Distance from 52-week high | -4.31% | -8.20% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +20.97% | +9.81% |
| Average volume | 915.72K | 978.02K |
| Shares outstanding | 98.65M | 80.52M |
| Employees | 29,699 | 77,000 |
| Sector | Health Care | Health Care |
| Industry | Hospital/Nursing Management | Hospital/Nursing Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- THC has outperformed EHC by 29.0 percentage points over the past year.
- Encompass Health trades at a higher earnings multiple (20.5x vs 10.0x trailing P/E).
- Encompass Health grew revenue faster in its latest fiscal year (+10.46% vs +3.07%).
About Encompass Health
EHC stock →Encompass Health Corporation operates inpatient rehabilitation hospitals in the United States and Puerto Rico. The company offers specialized rehabilitative treatment, using technology and therapy, on an inpatient basis for patients recovering from a major injury or illness and seeking to regain functional ability, independence, and quality of life; medical, nursing, therapy, and ancillary services; and rehabilitative care to patients who are recovering from conditions, such as stroke and other neurological disorders, cardiac and pulmonary conditions, brain and spinal cord injuries, complex orthopedic conditions, and amputations.
Health Care · Hospital/Nursing Management · 29,699 employees
About Tenet Healthcare
THC stock →Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care.
Health Care · Hospital/Nursing Management · 77,000 employees
EHC vs THC FAQ
Which is bigger, Encompass Health or Tenet Healthcare?
Tenet Healthcare (THC) is larger, with a market capitalization of $20.92B compared with $12.08B for Encompass Health (EHC).
Which stock has performed better over the past year, EHC or THC?
THC returned +26.85% over the past 12 months, compared with -2.17% for EHC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EHC or THC?
THC has the lower trailing P/E at 10.0, versus 20.5 for EHC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Encompass Health or Tenet Healthcare?
Encompass Health pays a dividend yielding 0.62%, while Tenet Healthcare does not currently pay a regular dividend.
Are Encompass Health and Tenet Healthcare in the same industry?
Yes. Both are classified in the Hospital/Nursing Management industry within the Health Care sector.