Molina Healthcare Inc (MOH) Earnings Report, Financial Results, Financial analysis

Molina Healthcare Inc reported in the first quarter of 2023 net earnings per share of $5.52 an increase by 25.74 % year on year from $4.39 and an improvement of 479.08 % from $0.95 realized in IV. Quarter (Dec 31 2022).

*first quarter of 2023*
Earnings Per Share	Revenues
$ 5.52	$ 8,149 Mill
$+1.13 +25.74 %	$+379M +4.88 %

Molina Healthcare Inc 's Revenue rose by 4.88 % in first quarter of 2023 (Mar 31 2023) year on year, to $8,149 million and declined by -0.9 % sequentially.

Molina Healthcare Inc is Expected to report next financial results on July 27, 2023.

More on MOH's Income Statement

MOH's NET INCOME

Molina Healthcare Inc 's net income of $321.000 million in the first quarter of 2023 increased by 24.42 % from net earnings of $258.000 million achieved in I. Quarter a year ago.

Sequentially net earnings grew by 473.21 % from net income of $56.000 million realized in previous quarter.

More on MOH's Growth

Molina Healthcare Inc Inventories
MOH's Cash flow In thefirst quarter of 2023 company's net cash flow was $549 million, capital expenditures fell by 39.13%, to $-32 millions compare to same quarter a year ago and fell by 220.00% from IV. Quarter (Dec 31 2022).

More on MOH's Cash flow Statement

Earnings quality

Molina Healthcare Inc does not pay out common stock dividend.

In trailing twelve-month period Molina Healthcare Inc earned $ 22.80 cash per share, on a free-cash flow basis 155.43 % of net earning per share.

Book value grew by 11.50 % sequentially to $56.54 per share, 61.34% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 33.00 per share from $ 26.93.

Company repurchased 0.30 million shares or 0.51 % in Mar 31 2023.
Interest Coverage Ratio was 11.42. Debt Coverage Ratio was 0.58.

• More on MOH's Dividends

Market Capitalization (Millions)	15,877
Shares Outstanding (Millions)	58
Total Debt (Millions $)	2,177
Revenue (TTM) (Millions $)	32,353
Net Income (TTM) (Millions $)	855
Cash Flow (TTM) (Millions $)	-269
Capital Exp. (TTM) (Millions $)	-100
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	14,000

Earnings quality

Molina Healthcare Inc does not pay out common stock dividend.

In trailing twelve-month period Molina Healthcare Inc had $ 22.80 cash flow per share, on a free-cash flow basis 155.43 % of net earning per share.

Book value grew by 11.50 % sequentially to $56.54 per share, 61.34% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 33.00 per share from $ 26.93.

Company repurchased 0.30 million shares or 0.51 % in Mar 31 2023.
Interest Coverage Ratio was 11.42. Debt Coverage Ratio was 0.58.

• More on MOH's Balance Sheets

Market Capitalization (Millions)	15,877
Shares Outstanding (Millions)	58
Total Debt (Millions $)	2,177
Revenue (TTM) (Millions $)	32,353
Net Income (TTM) (Millions $)	855
Cash Flow (TTM) (Millions $)	-269
Capital Exp. (TTM) (Millions $)	-100
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	14,000

Molina Healthcare Inc

MOH's Financial Statements and Analysis