undamentalytics Newsletter

Hospitals stocks

5 US-listed companies in hospitals, with $48.0bn of combined revenue in their latest fiscal years. Tenet Healthcare Corp is the largest ($21.3bn). The fastest grower with at least $100m of revenue in both years is Encompass Health Corp, up 10.5%. The median company grew 3.1% with a net margin of 6.6%.

Companies5
Combined revenue$48.0bn
Median revenue growth3.1%
Median net margin6.6%
Median return on equity22.7%
#CompanyRevenueGrowthNet marginROEFiscal year
1 Tenet Healthcare CorpTHC $21.3bn 3.1% 6.6% 33.5% 2025
2 Community Health Systems IncCYH $12.5bn −1.2% 4.1% — 2025
3 Ardent Health, Inc.ARDT $6.3bn 6.0% 2.1% 11.2% 2025
4 Encompass Health CorpEHC $5.9bn 10.5% 9.5% 25.1% 2025
5 Pediatrix Medical Group, Inc.MD $1.9bn −4.9% 8.6% 20.3% 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other health care industries

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.