Tenet Healthcare (THC) Current Deferred Revenue (2018 - 2023)
Tenet Healthcare (THC) posted Current Deferred Revenue of $86.0 million for Q3 2023, up 13.16% sequentially from $76.0 million in Q2 2023, and down 22.52% YoY from $111.0 million in Q3 2022.
Tenet Healthcare (THC) Current Deferred Revenue (2018 - 2023) Analysis & Trends
Tenet Healthcare has reported Current Deferred Revenue for 6 years, with the latest figure at $86.0 million in Q3 2023.
- Quarterly Current Deferred Revenue fell 22.52% year-over-year to $86.0 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $86.0 million (down 22.52% YoY) and the FY2022 annual result came in at $110.0 million, down 87.44% from the prior year.
- Current Deferred Revenue grew to $86.0 million in Q3 2023 per THC's latest filing, from $76.0 million in the prior quarter.
- Over five years, Current Deferred Revenue peaked at $1.3 billion in Q3 2020 and troughed at $61.0 million in Q4 2019.
- A 5-year average of $465.7 million and a median of $257.0 million in 2022 frame the typical range for Current Deferred Revenue.
- The sharpest annual moves came in 2020 and 2022: Current Deferred Revenue jumped 1789.55% in 2020, then tumbled 89.23% in 2022.
- Over 5 years, Current Deferred Revenue stood at $61.0 million in 2019, then surged by 736.07% to $510.0 million in 2020, then jumped by 71.76% to $876.0 million in 2021, then tumbled by 87.44% to $110.0 million in 2022, then declined by 21.82% to $86.0 million in 2023.
- According to Business Quant data, Current Deferred Revenue over the past three periods registered $86.0 million, $76.0 million, and $76.0 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn |
| 10 | Option Care Health | 3.59 Bn | 3.39 Bn | 267.25 Mn |
Historic Data
Download 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 | 403.00 Mn |
| Mar 31, 2022 | 682.00 Mn |
| Dec 31, 2021 | 876.00 Mn |
| Sep 30, 2021 | 1.03 Bn |
| Jun 30, 2021 | 891.00 Mn |
| Mar 31, 2021 | 734.00 Mn |
| Dec 31, 2020 | 510.00 Mn |
| Sep 30, 2020 | 1.27 Bn |
| Jun 30, 2020 | 1.27 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 |