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SNN vs. THC: Smith & Nephew vs. Tenet Healthcare Stock Comparison

How do Smith & Nephew (SNN) 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

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

Tenet Healthcare (THC) trades as ordinary local shares, while Smith & Nephew (SNN) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Smith & Nephew (SNN) and Tenet Healthcare (THC)
Profile ItemSNNTHC
NameSmith & Nephew plc Sponsored ADRTenet Healthcare Corp.
Country/RegionUnited KingdomUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Providers & Services
GICS Sub-IndustryHealth Care EquipmentHealth Care Facilities
Market Capitalization13.04 billion USD22.55 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateNovember 16, 1999March 17, 1980
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

SNN
THC
GSPC
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Smith & Nephew (SNN) 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 Smith & Nephew (SNN) and Tenet Healthcare (THC). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Smith & Nephew (SNN) and Tenet Healthcare (THC)
MetricSNNTHC
Total Return (1Y)-4.20%43.40%
Total Return (3Y, Annualized)11.34%77.47%
Total Return (5Y, Annualized)-0.34%29.92%

Risk Profile

Drawdown History

SNN
THC
GSPC
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Smith & Nephew (SNN) 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 Smith & Nephew (SNN) and Tenet Healthcare (THC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Smith & Nephew (SNN) and Tenet Healthcare (THC)
MetricSNNTHC
Volatility (1Y, Annualized)27.31%43.80%
Beta (5Y)0.491.17
Max Drawdown (5Y)-38.80%-58.88%
Avg. Volume (3M)1.49M768.24K

Risk-Adjusted Performance

Risk-Return Positioning

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SNN 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 Smith & Nephew (SNN) and Tenet Healthcare (THC)
MetricSNNTHC
Sharpe Ratio (1Y)-0.310.89
Sortino Ratio (1Y)-0.461.71

Profitability

ROE (TTM)

Tenet Healthcare (THC) at 41.70% sits in the top ROE quartile, while Smith & Nephew (SNN) at 11.85% is closer to the peer norm — stronger capital efficiency for THC.

SNN

Health Care Equipment & Services industry group

11.85%

Max
47.61%
Q3
14.36%
SNN
11.85%
Median
5.45%
Q1
-10.67%
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%
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Smith & Nephew (SNN) vs. Tenet Healthcare (THC): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Smith & Nephew (SNN) at 10.08% and Tenet Healthcare (THC) at 13.09% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

SNN

Health Care Equipment & Services industry group

10.08%

Max
29.35%
SNN
10.08%
Q3
9.33%
Median
2.18%
Q1
-6.29%
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%
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Smith & Nephew (SNN) vs. Tenet Healthcare (THC): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both Smith & Nephew (SNN) at 14.47% and Tenet Healthcare (THC) at 19.04% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

SNN

Health Care Equipment & Services industry group

14.47%

Max
35.43%
SNN
14.47%
Q3
14.14%
Median
6.81%
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%
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Smith & Nephew (SNN) vs. Tenet Healthcare (THC): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Smith & Nephew (SNN) and Tenet Healthcare (THC)
MetricSNNTHC
ROE (TTM)11.85%41.70%
ROA (TTM)5.16%8.68%
Net Margin (TTM)10.08%13.09%
Operating Margin (TTM)14.47%19.04%
Gross Margin (TTM)68.44%42.47%

Growth

Revenue Growth

Smith & Nephew (SNN) at 6.09% is around its peer norm for revenue growth, while Tenet Healthcare (THC) at 3.07% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Smith & Nephew (SNN) vs. Tenet Healthcare (THC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Smith & Nephew (SNN) at 52.34% sits in the top EPS growth quartile, while Tenet Healthcare (THC) at -52.63% is in the bottom quartile, showing a clear gap in earnings momentum.

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Smith & Nephew (SNN) vs. Tenet Healthcare (THC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Smith & Nephew (SNN) and Tenet Healthcare (THC)
MetricSNNTHC
Revenue Growth (YoY)6.09%3.07%
Revenue Growth (3Y CAGR)5.73%3.58%
EPS Growth (YoY)52.34%-52.63%
EPS Growth (3Y CAGR)42.01%59.88%

Financial Strength

Current Ratio (MRQ)

Both Smith & Nephew (SNN) at 2.14 and Tenet Healthcare (THC) at 1.59 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

SNN

Health Care Equipment & Services industry group

2.14

Max
7.59
Q3
4.00
SNN
2.14
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
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Smith & Nephew (SNN) vs. Tenet Healthcare (THC): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Smith & Nephew (SNN) at 0.73 carries an industry-typical debt-to-equity mix, while Tenet Healthcare (THC) at 1.38 uses more debt funding than most peers.

SNN

Health Care Equipment & Services industry group

0.73

Max
1.88
Q3
0.91
SNN
0.73
Median
0.58
Q1
0.16
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
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Smith & Nephew (SNN) 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 Smith & Nephew (SNN) and Tenet Healthcare (THC)
MetricSNNTHC
Current Ratio (MRQ)2.141.59
Debt / Equity (MRQ)0.731.38
Net Debt / EBITDA2.192.06

Dividends

Dividend Yield (TTM)

Tenet Healthcare (THC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Smith & Nephew (SNN) reports a yield of 1.24%, ranking against industry peers normally.

SNN

Health Care Equipment & Services industry group

1.24%

SNN
1.24%
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%
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Smith & Nephew (SNN) vs. Tenet Healthcare (THC): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Tenet Healthcare (THC) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Smith & Nephew (SNN) reports a payout of 53.20%, ranking against industry peers normally.

SNN

Health Care Equipment & Services industry group

53.20%

SNN
53.20%
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%
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Smith & Nephew (SNN) vs. Tenet Healthcare (THC): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Smith & Nephew (SNN) and Tenet Healthcare (THC)
MetricSNNTHC
Dividend Yield (TTM)1.24%0.00%
Dividend Payout Ratio (TTM)53.20%0.00%

Valuation

P/E Ratio (TTM)

Tenet Healthcare (THC) at 8.26 sits in the cheaper P/E ratio quartile, while Smith & Nephew (SNN) at 21.19 is closer to its industry’s usual earnings multiple — a discount for THC, though growth and earnings durability still matter.

SNN

Health Care Equipment & Services industry group

21.19

Max
80.41
Q3
47.62
Median
29.93
SNN
21.19
Q1
21.19
Min
4.21

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
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Smith & Nephew (SNN) vs. Tenet Healthcare (THC): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Tenet Healthcare (THC) at 1.02 sits in the cheaper P/S ratio quartile while Smith & Nephew (SNN) at 2.07 prices around its industry’s middle — THC costs less per dollar of sales, though read it alongside growth and margins.

SNN

Health Care Equipment & Services industry group

2.07

Max
8.80
Q3
4.32
Median
2.13
SNN
2.07
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
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Smith & Nephew (SNN) 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 Smith & Nephew (SNN) at 12.80 prices above its benchmark range — SNN looks rich relative to book.

SNN

Health Care Equipment & Services industry group

12.80

SNN
12.80
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
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Smith & Nephew (SNN) 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 Smith & Nephew (SNN) and Tenet Healthcare (THC)
MetricSNNTHC
P/E Ratio (TTM)21.198.26
P/S Ratio (TTM)2.071.02
P/B Ratio (MRQ)12.804.14
Free Cash Flow Yield (TTM)8.12%8.99%