Is TENET HEALTHCARE CORP (THC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 63.2% / 30% | 13.8% / 30% | 18.5% / 30% | 0.85% / 5% | ✗ NOT HALAL |
| DJIM | 63.2% / 33% | 13.8% / 33% | 18.5% / 33% | 0.85% / 5% | ✗ NOT HALAL |
| MSCI | 44.4% / 33% | 9.7% / 33% | 13.0% / 33% | 0.85% / 5% | ✗ NOT HALAL |
| S&P | 63.2% / 33% | 13.8% / 33% | 18.5% / 33% | 0.85% / 5% | ✗ NOT HALAL |
| FTSE | 44.4% / 33% | 9.7% / 33% | 13.0% / 50% | 0.85% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 41.4% | |
| Operating Margin | 17.5% | |
| Net Margin | 6.6% | |
| Return on Equity (ROE) | 27.0% | |
| Return on Assets (ROA) | 8.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3.5B |
| Free Cash Flow | $2.5B |
| Total Debt | $13.2B |
| Debt-to-Equity | 160.8 |
| Current Ratio | 1.8 |
| Total Assets | $29.7B |
Price & Trading
| Last Close | $195.46 |
| 50-Day MA | $213.20 |
| 200-Day MA | $194.77 |
| Avg Volume | 1.0M |
| Beta | 1.4 |
|
52-Week Range
$109.82
| |
About TENET HEALTHCARE CORP (THC)
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. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and/or coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; tertiary care services, such as cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; pediatric quaternary care services through heart, liver, and kidney transplants programs; and limb salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging technology, surgical robotic, and telemedicine access services. In addition, it offers a range of procedures and services comprising orthopedics, total joint replacement, and spinal and other musculoskeletal procedures; gastroenterology; pain management; otolaryngology; ophthalmology; and urology. Further, the company operates acute care and specialty hospitals, off-campus emergency departments, imaging centers, urgent care centers, and micro-hospitals, as well as ambulatory surgery centers and surgical hospitals. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.
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Frequently Asked Questions
Is TENET HEALTHCARE CORP (THC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TENET HEALTHCARE CORP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is TENET HEALTHCARE CORP's debt ratio?
TENET HEALTHCARE CORP's debt ratio is 63.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 44.4%.
What are TENET HEALTHCARE CORP's key financial metrics?
TENET HEALTHCARE CORP has a market capitalization of $16.9B, trailing P/E ratio of 12.4, and revenue of $21.3B. The company maintains a gross margin of 41.4% and a net margin of 6.6%. Return on equity stands at 27.0%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.