Forensic Analysis · Healthcare / Pharmaceuticals / Biotech · as of Jun 28, 2026
COMMUNITY HEALTH SYSTEMS INC (CYH)
A forensic read on COMMUNITY HEALTH SYSTEMS INC built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
F · Poor — capital at risk
Forensic grade
Distress
Financial health
0.3
Altman Z-score
Clean
Earnings quality
2
Forensic signals
1.0
P / E (ttm)
-48.0%
ROE
$462M
Market cap
COMMUNITY HEALTH SYSTEMS INC earns a F (Poor — capital at risk) forensic quality grade, and its Altman Z-score is 0.3, placing it in the Distress zone. 2 forensic signals were flagged in its latest SEC filings, led by share-count dilution.
What the filings flag
+1.3%/yrShare-count dilution.Diluted share count changed +4% over the last 3 years to FY2025 (+1.3%/yr). The count is GROWING — existing holders are being diluted. That's ~1.3% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2022 has been diluted ~4%.
13%Return on invested capital.Return on invested capital is 13% and rising from 4% — around its ~10% cost of capital, so growth is roughly value-neutral — watch the trend.
Key fundamentals
Net Margin4.1%
Free Cash Flow$208.0M
Latest Revenue$12.48B
Revenue Growth YoY-1.2%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on COMMUNITY HEALTH SYSTEMS INC:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about CYH's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown