GKOS vs. THC: Glaukos vs. Tenet Healthcare Stock Comparison

November 11, 2026

How do Glaukos (GKOS) and Tenet Healthcare (THC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Glaukos (GKOS) and Tenet Healthcare (THC) both fall under the Health Care Equipment & Services industry group, but GKOS is classified in Health Care Equipment & Supplies while THC is classified in Health Care Providers & Services.

Company profile comparison for Glaukos (GKOS) and Tenet Healthcare (THC)
Profile Item	GKOS	THC
Name	Glaukos Corp.	Tenet Healthcare Corp.
Country/Region	United States	United States
GICS Sector	Health Care	Health Care
GICS Industry Group	Health Care Equipment & Services	Health Care Equipment & Services
GICS Industry	Health Care Equipment & Supplies	Health Care Providers & Services
GICS Sub-Industry	Health Care Equipment	Health Care Facilities
Market Capitalization	13.28 billion USD	22.55 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 25, 2015	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GKOS

THC

GSPC

Glaukos (GKOS) vs. Tenet Healthcare (THC), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Glaukos (GKOS) and Tenet Healthcare (THC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Glaukos (GKOS) and Tenet Healthcare (THC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Glaukos (GKOS) and Tenet Healthcare (THC)
Metric	GKOS	THC
Total Return (1Y)	179.91%	43.40%
Total Return (3Y, Annualized)	55.51%	77.47%
Total Return (5Y, Annualized)	35.14%	29.92%

Risk Profile

Drawdown History

GKOS

THC

GSPC

Glaukos (GKOS) vs. Tenet Healthcare (THC), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Glaukos (GKOS) and Tenet Healthcare (THC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Glaukos (GKOS) and Tenet Healthcare (THC)
Metric	GKOS	THC
Volatility (1Y, Annualized)	61.24%	43.80%
Beta (5Y)	0.68	1.17
Max Drawdown (5Y)	-53.68%	-58.88%
Avg. Volume (3M)	1.15M	768.24K

Risk-Adjusted Performance

Risk-Return Positioning

GKOS and THC are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Glaukos (GKOS) and Tenet Healthcare (THC)
Metric	GKOS	THC
Sharpe Ratio (1Y)	2.87	0.89
Sortino Ratio (1Y)	5.93	1.71

Profitability

ROE (TTM)

Glaukos (GKOS) reports a negative ROE of -22.84%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Tenet Healthcare (THC) reports 41.70%, ranking against industry peers normally.

GKOS

Health Care Equipment & Services industry group

-22.84%

Max: 47.61%
Q3: 14.36%
Median: 5.45%
Q1: -10.67%
GKOS: -22.84%
Min: -47.01%

THC

Health Care Equipment & Services industry group

41.70%

Max: 47.61%
THC: 41.70%
Q3: 14.36%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Glaukos (GKOS) reports a negative net margin of -24.60%, usually indicating a net loss over the period. Meanwhile Tenet Healthcare (THC) reports 13.09%, ranking against industry peers normally.

GKOS

Health Care Equipment & Services industry group

-24.60%

Max: 29.35%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
GKOS: -24.60%
Min: -28.46%

THC

Health Care Equipment & Services industry group

13.09%

Max: 29.35%
THC: 13.09%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Tenet Healthcare (THC) at 19.04% operates in the top operating margin quartile, ahead of Glaukos (GKOS) at 0.39%, which runs around its industry’s norm.

GKOS

Health Care Equipment & Services industry group

0.39%

Max: 35.43%
Q3: 14.14%
Median: 6.81%
GKOS: 0.39%
Q1: -0.28%
Min: -16.29%

THC

Health Care Equipment & Services industry group

19.04%

Max: 35.43%
THC: 19.04%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Glaukos (GKOS) and Tenet Healthcare (THC)
Metric	GKOS	THC
ROE (TTM)	-22.84%	41.70%
ROA (TTM)	-3.90%	8.68%
Net Margin (TTM)	-24.60%	13.09%
Operating Margin (TTM)	0.39%	19.04%
Gross Margin (TTM)	81.13%	42.47%

Growth

Revenue Growth

Glaukos (GKOS) at 32.33% sits in the top revenue growth quartile, while Tenet Healthcare (THC) at 3.07% is in the bottom quartile, showing a clear gap in revenue momentum.

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Tenet Healthcare (THC) reports EPS growth of -52.63%, ranked against its industry; Glaukos (GKOS) has no EPS growth figure this period.

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Glaukos (GKOS) and Tenet Healthcare (THC)
Metric	GKOS	THC
Revenue Growth (YoY)	32.33%	3.07%
Revenue Growth (3Y CAGR)	21.51%	3.58%
EPS Growth (YoY)	--	-52.63%
EPS Growth (3Y CAGR)	--	59.88%

Financial Strength

Current Ratio (MRQ)

Tenet Healthcare (THC) at 1.59 keeps current ratio within its industry’s typical mid-range, while Glaukos (GKOS) at 4.57 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

GKOS

Health Care Equipment & Services industry group

4.57

Max: 7.59
GKOS: 4.57
Q3: 4.00
Median: 1.98
Q1: 1.37
Min: 0.30

THC

Health Care Equipment & Services industry group

1.59

Max: 7.59
Q3: 4.00
Median: 1.98
THC: 1.59
Q1: 1.37
Min: 0.30

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Glaukos (GKOS) at 0.15 keeps leverage in the lower quartile, while Tenet Healthcare (THC) at 1.38 sits in the higher-leverage quartile.

GKOS

Health Care Equipment & Services industry group

0.15

Max: 1.88
Q3: 0.91
Median: 0.58
Q1: 0.16
GKOS: 0.15
Min: 0.00

THC

Health Care Equipment & Services industry group

1.38

Max: 1.88
THC: 1.38
Q3: 0.91
Median: 0.58
Q1: 0.16
Min: 0.00

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Glaukos (GKOS) and Tenet Healthcare (THC)
Metric	GKOS	THC
Current Ratio (MRQ)	4.57	1.59
Debt / Equity (MRQ)	0.15	1.38
Net Debt / EBITDA	--	2.06

Dividends

Dividend Yield (TTM)

Neither Glaukos (GKOS) nor Tenet Healthcare (THC) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

GKOS

Health Care Equipment & Services industry group

0.00%

GKOS: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

THC

Health Care Equipment & Services industry group

0.00%

THC: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Glaukos (GKOS) nor Tenet Healthcare (THC) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

GKOS

Health Care Equipment & Services industry group

0.00%

GKOS: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

THC

Health Care Equipment & Services industry group

0.00%

THC: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Glaukos (GKOS) and Tenet Healthcare (THC)
Metric	GKOS	THC
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Tenet Healthcare (THC) trades at 8.26 times trailing earnings, ranked against its peers, while Glaukos (GKOS) has no P/E ratio this period.

GKOS

Health Care Equipment & Services industry group

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
Min: 4.21
GKOS: --

THC

Health Care Equipment & Services industry group

8.26

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
THC: 8.26
Min: 4.21

Glaukos (GKOS) vs. Tenet Healthcare (THC): GKOS does not report P/E ratio, so it has no value marker; THC is benchmarked against the Health Care Equipment & Services industry group.

P/S Ratio (TTM)

Tenet Healthcare (THC) at 1.02 sits in the cheaper P/S ratio quartile while Glaukos (GKOS) at 19.24 prices above its industry range — a wide gap in sales valuation between them.

GKOS

Health Care Equipment & Services industry group

19.24

GKOS: 19.24
Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
Min: 0.03

THC

Health Care Equipment & Services industry group

1.02

Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
THC: 1.02
Min: 0.03

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Tenet Healthcare (THC) at 4.14 sits near its industry’s typical P/B ratio, while Glaukos (GKOS) at 18.51 prices above its benchmark range — GKOS looks rich relative to book.

GKOS

Health Care Equipment & Services industry group

18.51

GKOS: 18.51
Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
Min: -1.31

THC

Health Care Equipment & Services industry group

4.14

Max: 11.68
Q3: 6.12
THC: 4.14
Median: 3.00
Q1: 1.73
Min: -1.31

Glaukos (GKOS) vs. Tenet Healthcare (THC): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Glaukos (GKOS) and Tenet Healthcare (THC)
Metric	GKOS	THC
P/E Ratio (TTM)	--	8.26
P/S Ratio (TTM)	19.24	1.02
P/B Ratio (MRQ)	18.51	4.14
Free Cash Flow Yield (TTM)	0.40%	8.99%