Tenet Healthcare (THC) vs Universal Health Services (UHS)
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 Universal Health Services (UHS) over the past year, gaining 26.9% versus a loss of 16.7%. Over five years, THC leads with a +308.8% price change compared with +31.3% for UHS. Tenet Healthcare is the larger company by market cap ($21.10 billion vs $10.38 billion), about 2.0 times the size, while Universal Health Services is growing revenue faster (+9.7% vs +3.1%).
On valuation, Universal Health Services trades at a lower forward P/E (7.3x vs 12.4x for Tenet Healthcare). Universal Health Services pays a dividend yielding 0.45%, 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 8.6%.
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 | THC | UHS |
|---|---|---|
| Share price | $262.06 | $176.12 |
| Market cap | $21.10B | $10.38B |
| 1-day change | +0.86% | +0.86% |
| YTD return | +30.75% | -19.91% |
| 1-year return | +26.85% | -16.73% |
| 5-year return | +308.79% | +31.27% |
| P/E ratio (TTM) | 10.13 | 7.18 |
| Forward P/E | 12.43 | 7.35 |
| EPS (TTM) | $25.88 | $24.52 |
| Dividend yield | 0.00% | 0.45% |
| Annual dividend | $0.00 | $0.80 |
| Revenue (latest FY) | $21.31B | $17.36B |
| Revenue growth (YoY) | +3.07% | +9.71% |
| Net income (latest FY) | $2.37B | $1.49B |
| Operating margin | 16.46% | 11.48% |
| Net margin | 11.11% | 8.57% |
| 52-week high | $283.05 | $246.33 |
| 52-week low | $157.58 | $140.08 |
| Distance from 52-week high | -7.42% | -28.50% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +8.88% | +10.69% |
| Average volume | 970.16K | 793.29K |
| Shares outstanding | 80.52M | 51.69M |
| Employees | 77,000 | 102,000 |
| 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
- Tenet Healthcare is about 2.0 times larger than Universal Health Services by market value ($21.10B vs $10.38B).
- THC has outperformed UHS by 43.6 percentage points over the past year.
- Tenet Healthcare trades at a higher earnings multiple (10.1x vs 7.2x trailing P/E).
- Universal Health Services grew revenue faster in its latest fiscal year (+9.71% vs +3.07%).
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
About Universal Health Services
UHS stock →Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments.
Health Care · Hospital/Nursing Management · 102,000 employees
THC vs UHS FAQ
Which is bigger, Tenet Healthcare or Universal Health Services?
Tenet Healthcare (THC) is larger, with a market capitalization of $21.10B compared with $10.38B for Universal Health Services (UHS).
Which stock has performed better over the past year, THC or UHS?
THC returned +26.85% over the past 12 months, compared with -16.73% for UHS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, THC or UHS?
UHS has the lower trailing P/E at 7.2, versus 10.1 for THC. 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, Tenet Healthcare or Universal Health Services?
Universal Health Services pays a dividend yielding 0.45%, while Tenet Healthcare does not currently pay a regular dividend.
Are Tenet Healthcare and Universal Health Services in the same industry?
Yes. Both are classified in the Hospital/Nursing Management industry within the Health Care sector.