Tenet Healthcare (THC) Current Deferred Revenue (2019 - 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 (2019 - 2023) Analysis & Trends
Tenet Healthcare (THC) has 5 years of Current Deferred Revenue data on file, last reported 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.
- The five-year high for Current Deferred Revenue was $1.3 billion in Q2 2020, with the low at $56.0 million in Q4 2020.
- Average Current Deferred Revenue over 5 years is $287.6 million, with a median of $98.0 million recorded in 2021.
- The widest YoY moves for Current Deferred Revenue: up 1677.59% in 2021, down 91.63% in 2021.
- Tenet Healthcare's Current Deferred Revenue stood at $72.0 million in 2019, then slipped by 22.22% to $56.0 million in 2020, then soared by 1464.29% to $876.0 million in 2021, then plunged by 87.44% to $110.0 million in 2022, then fell by 21.82% to $86.0 million in 2023.
- Business Quant data shows THC's Current Deferred Revenue at $86.0 million in Q3 2023, $76.0 million in Q2 2023, and $76.0 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn |
| 10 | Brookdale Senior Living | 3.76 Bn | 3.50 Bn | 727.83 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 | 90.00 Mn |
| Dec 31, 2021 | 876.00 Mn |
| Sep 30, 2021 | 1.03 Bn |
| Jun 30, 2021 | 106.00 Mn |
| Mar 31, 2021 | 123.00 Mn |
| Dec 31, 2020 | 56.00 Mn |
| Sep 30, 2020 | 58.00 Mn |
| Jun 30, 2020 | 1.27 Bn |
| Mar 31, 2020 | 61.00 Mn |
| Sep 30, 2019 | 72.00 Mn |