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
DateValue
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