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NYSE · Healthcare

Community Health Systems Inc. (CYH)

As-reported financials and SEC filings for Community Health Systems Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Community Health Systems Inc.

Community Health Systems Inc operates as a hospital company providing healthcare services. It owns and manages general acute care hospitals and related healthcare facilities. The company serves patients primarily in the United States.

Snapshot

Revenue
$12.48B
Revenue growth (YoY)
-1.2%
Net income
$509.0M
Diluted EPS
$3.77
Gross margin
85.1%
Operating margin
11.9%
Net margin
4.1%
FCF margin
1.7%
ROE
—
net income / fiscal-year-end equity
P/E
1.6×
trailing when available, otherwise FY EPS
Market cap
$411.7M
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Community Health Systems

  • Revenue fell 1.2% to $12.5B in FY2025, slower than the 1.2% the year before.
  • Operating margin is 11.9% in FY2025, +0.6 pp against 11.3% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $2.8B, down 9.8% from Q2 FY2025.
  • Free cash flow was $208M in FY2025, 1.7% of revenue.
  • Net income turned positive at $509M in FY2025, from a $516M loss in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Community Health Systems’s fundamentals sit among the 570 Healthcare companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin85.1%
94th percentile of 290
Operating margin11.9%
73rd percentile of 410
Net margin4.1%
63rd percentile of 429
FCF margin1.7%
45th percentile of 385
Revenue growth (YoY)-1.2%
25th percentile of 552
P/E1.6×
3rd percentile of 183
Short interest9.77d
87th percentile of 568

Community Health Systems’s P/E of 1.6 ranks in the 3rd percentile of the 183 peers with a meaningful P/E. Community Health Systems’s gross margin of 85.1% ranks in the 94th percentile of the 290 Healthcare companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $118,400. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+5 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
4
3 trimmed, 1 exited
Combined position
$28.1M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$7.8M2.3MReduced
AQR Capital ManagementquantQ2 2026$7.7M2.3MAdded
Two Sigma InvestmentsquantQ2 2026$7.4M2.2MReduced
Citadel AdvisorsquantQ2 2026$3.5M1.0MAdded
Millennium ManagementquantQ2 2026$1.7M509.5KAdded
Gotham Asset ManagementQ2 2026$66,07219.8KReduced

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
1
$118K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-25
William Norris JenningsDirectorSell40.0K$2.96$118K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
12.4M
settled 2026-09-30
Change vs prior
-8.8%
vs previous settlement
Days to cover
9.77
at avg daily volume
Avg daily volume
1.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3012.4M-8.8%9.77
2026-09-1513.5M+2.9%12.56
2026-08-3113.2M-0.4%12.67
2026-08-1413.2M-1.6%10.91
2026-07-3113.4M+11.3%5.22
2026-07-1512.1M-0.8%5.45
2026-06-3012.2M-1.7%8.07
2026-06-1512.4M-3.6%8.45

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$12.48B$12.63B$12.49B$12.21B$12.37B
Gross profit
Operating income$1.49B$542.0M$957.0M$821.0M$1.40B
Net income$509.0M$-516.0M$-133.0M$46.0M$230.0M
Diluted EPS$3.77$-3.90$-1.02$0.35$1.76

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$543.0M$480.0M$210.0M$300.0M$-131.0M
Capital expenditure$335.0M$360.0M$467.0M$415.0M$469.0M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$2.83B-9.8%$70.0M$0.51
Q1 FY2026$2.96B-6.1%$-58.0M$-0.43
Q4 FY2025-4.9%
Q3 FY2025$3.09B-0.1%$130.0M$0.96
Q2 FY2025$3.13B-0.2%$282.0M$2.09
Q1 FY2025$3.16B0.6%$-13.0M$-0.10
Q4 FY20242.6%
Q3 FY2024$3.09B0.1%$-391.0M$-2.95

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorHealthcare
SIC industryServices-General Medical & Surgical Hospitals, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2014
SEC CIK1108109

Selected SEC filings

10-K2026-02-19
View on EDGAR →
10-Q2026-07-23
View on EDGAR →
10-Q2026-04-22
View on EDGAR →
8-K2026-07-22
View on EDGAR →
8-K2026-06-01
View on EDGAR →
8-K2026-05-13
View on EDGAR →
8-K2026-05-06
View on EDGAR →

Largest Healthcare peers

All Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.