Tenet Healthcare Corporation
Tenet Healthcare Corporation (NYSE: THC) is trading at $259.71, about ₹24,901 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 4.08% today. Indian residents can buy Tenet Healthcare from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$248.86
Today's high
$260.97
52 week low
$157.58
52 week high
$283.05
THC opened at $249.00, closed previously at $249.54, and has traded between $157.58 and $283.05 over the past 52 weeks.
About
Tenet Healthcare Corporation operates as a broad-ranging provider of health solutions. The company organizes its operations across three main divisions: Hospital Operations and Other, Ambulatory Care, and Conifer. Within its network of acute care facilities, Tenet delivers a full spectrum of essential services. These include core hospital functions such as operating and recovery suites, radiology and respiratory therapy, clinical laboratories, and on-site pharmacies. The organization also provides high-acuity patient care through intensive, critical, and coronary care units. Specialized medical services cover areas like cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics, alongside various outpatient treatments, including physical therapy. Advanced surgical capabilities feature cardiothoracic, complex spinal, and neurosurgery, as well as neonatal intensive care. Tenet extends its offerings to ultra-specialized quaternary care, exemplified by heart and kidney transplant programs, and sophisticated procedures such as limb-salvaging vascular interventions, acute Level 1 trauma care, intravascular stroke treatment, minimally invasive cardiac valve replacements, advanced imaging, and telemedicine access. Beyond its hospital network, Tenet manages numerous other clinical sites. These encompass outpatient surgical centers, immediate care facilities, diagnostic imaging centers, dedicated surgical hospitals, off-campus emergency departments, and micro-hospitals. Through its Conifer segment, the company furnishes critical healthcare business process solutions. These administrative services, offered to hospitals, health systems, physician practices, employers, and other clients, include financial administration for patient accounts (revenue cycle management), support for patient communications and engagement, and outcome-focused care strategies. As of February 9, 2022, Tenet's operational footprint included 60 hospitals and roughly 550 additional medical facilities. This count of additional sites comprises surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and various other clinical locations. Tenet Healthcare Corporation was established in 1975 and maintains its principal office in Dallas, Texas.
Key statistics
Avg. volume
1.17M
Market cap
$20.91B
P/E Ratio
9.94
Price-to-sales ratio
0.96
Enterprise value
$31.99B
Free cash flow yield
14.46%
Debt-to-equity ratio
2.84
Return on equity
50.63%
ROIC
11.91%
Beta
1.23
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$21.31B
Earnings per share
$15.61
Free cash flow
$2.53B
Net profit margin
10.27%
Gross margin
26.87%
EBITDA
$4.48B
Revenue growth
3.12%
Similar securities
This is not an investment recommendation
How to buy Tenet Healthcare from India
Indian residents can buy Tenet Healthcare shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Tenet Healthcare and place an order
Find Tenet Healthcare by name or by its ticker, THC, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Tenet Healthcare trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Tenet Healthcare position in USD and INR. Tenet Healthcare pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Tenet Healthcare from India
Trading and taxes when buying Tenet Healthcare from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneTenet Healthcare does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Tenet Healthcare stock?
Yes. Tenet Healthcare (THC) has been listed on the New York Stock Exchange since 1980, in the Medical - Care Facilities industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Tenet Healthcare share cost in rupees?
One Tenet Healthcare share is $259.71 — about ₹24,901 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the Tenet Healthcare price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Tenet Healthcare from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy Tenet Healthcare with less than the price of one share?
Yes. A whole Tenet Healthcare share is $259.71, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Tenet Healthcare shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Tenet Healthcare price. Paasa issues a capital-gains statement for your return.
Does Tenet Healthcare pay a dividend?
No. Tenet Healthcare does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Tenet Healthcare from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Tenet Healthcare shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Tenet Healthcare shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Tenet Healthcare holding, its cost and its closing value.
How do I sell Tenet Healthcare and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.