Tenet Healthcare (THC) Current Deferred Revenue (2018 - 2023)
Tenet Healthcare (THC) recorded Current Deferred Revenue of $86 million in Q3 2023, down 22.5% from $111 million a year earlier but up 13.2% from the prior quarter.
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Analysis
Tenet Healthcare (THC) Current Deferred Revenue (2018 - 2023) Analysis & Trends
At the end of FY2022, Tenet Healthcare reported Current Deferred Revenue of $110 million, down 88.5% from FY2021.
- Annual Current Deferred Revenue has a four-year compound annual growth rate of 15.9% (FY2018 to FY2022).
- Across earlier years, Current Deferred Revenue came in at $959 million in FY2021 (+45.5%), $659 million in FY2020 (+980.3%), $61 million in FY2019 (unchanged) and $61 million in FY2018.
- Quarterly Current Deferred Revenue has ranged from $61 million in Q4 2018 to $1.5 billion in Q3 2020 over the past five years.
- On a year-over-year basis, Current Deferred Revenue has declined for seven consecutive quarters, with an average decline of 50.1% over the last eight quarters.
- Peak year-over-year performance for Current Deferred Revenue in the last five years was growth of 980.3% in Q4 2020, against a decline of 90.9% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $76 million (Q2 2023), $76 million (Q1 2023) and $110 million (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 101.22 Bn | 97.23 Bn | - |
| 2 | Natera | 59.29 Bn | 54.98 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 26.56 Bn | 24.69 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 26.41 Bn | 24.16 Bn | 1.11 Bn |
| 5 | Tenet Healthcare | 22.49 Bn | 11.49 Bn | - |
| 6 | Guardant Health | 22.12 Bn | 18.19 Bn | 219.03 Mn |
| 7 | BrightSpring Health Services | 12.91 Bn | 11.24 Bn | 492.75 Mn |
| 8 | Fresenius Medical Care AG | 12.56 Bn | 4.51 Bn | 1.52 Bn |
| 9 | Tempus AI | 12.17 Bn | 9.20 Bn | 246.50 Mn |
| 10 | Encompass Health | 11.90 Bn | 11.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 86.00 Mn |
| Jun 30, 2023 | 76.00 Mn |
| Mar 31, 2023 | 76.00 Mn |
| Dec 31, 2022 | 110.00 Mn |
| Sep 30, 2022 | 111.00 Mn |
| Jun 30, 2022 | 474.00 Mn |
| Mar 31, 2022 | 776.00 Mn |
| Dec 31, 2021 | 959.00 Mn |
| Sep 30, 2021 | 1.22 Bn |
| Jun 30, 2021 | 1.06 Bn |
| Mar 31, 2021 | 917.00 Mn |
| Dec 31, 2020 | 659.00 Mn |
| Sep 30, 2020 | 1.50 Bn |
| Jun 30, 2020 | 1.50 Bn |
| Mar 31, 2020 | 61.00 Mn |
| Dec 31, 2019 | 61.00 Mn |
| Sep 30, 2019 | 72.00 Mn |
| Jun 30, 2019 | 67.00 Mn |
| Dec 31, 2018 | 61.00 Mn |
API Access
Tenet Healthcare Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=THC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "THC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=THC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();