CSIMarket


Molina Healthcare Inc   (MOH)
Other Ticker:  
 


 

Molina Healthcare Inc

MOH's Financial Statements and Analysis



Molina Healthcare Inc reported in the first quarter of 2024 net earnings per share of $5.17 a decrease by -6.34 % year on year from $5.52 and an improvement of 39.45 % from $3.71 realized in IV. Quarter (Dec 31 2023).


first quarter of 2024
Earnings Per Share Revenues
$ 5.17 $  9,931 Mill
$-0.35     -6.34 % $+1,782M     +21.87 %



Molina Healthcare Inc 's Revenue rose by 21.87 % in first quarter of 2024 (Mar 31 2024) year on year, to $9,931 million and advanced by 9.76 % sequentially.


Molina Healthcare Inc is

More on MOH's Income Statement



Molina Healthcare Inc 's net income of $301.000 million in the first quarter of 2024 decreased by -6.23 % from net earnings of $321.000 million achieved in I. Quarter a year ago.

Sequentially net earnings grew by 39.35 % from net income of $216.000 million realized in previous quarter.

More on MOH's Growth

Molina Healthcare Inc Inventories
In Mar 31 2024 company's net cash and cash equivalents decreased by $-336 million, capital expenditures grew by -32-15.63%, to $-27 millions compare to same quarter a year ago

More on MOH's Cash flow Statement


Molina Healthcare Inc does not pay out common stock dividend.

In trailing twelve-month period Molina Healthcare Inc earned $ 16.49 cash per share, on a free-cash flow basis 89.42 % of net earning per share.

Book value grew by 6.42 % sequentially to $77.17 per share, 111.9% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value fell to $ 44.07 per share from $ 47.59.

Company issued 0.10 million shares or 0.16 % in Mar 31 2024.
Interest Coverage Ratio was 14.3. Debt Coverage Ratio was 0.71.

More on MOH's Dividends

 Market Capitalization (Millions) 17,079
 Shares Outstanding (Millions) 58
 Total Debt (Millions $) 2,180
 Revenue (TTM) (Millions $) 35,854
 Net Income (TTM) (Millions $) 1,071
 Cash Flow (TTM) (Millions $) -25
 Capital Exp. (TTM) (Millions $) -84
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 21,000




Molina Healthcare Inc does not pay out common stock dividend.

In trailing twelve-month period Molina Healthcare Inc had $ 16.49 cash flow per share, on a free-cash flow basis 89.42 % of net earning per share.

Book value grew by 6.42 % sequentially to $77.17 per share, 111.9% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value fell to $ 44.07 per share from $ 47.59.

Company issued 0.10 million shares or 0.16 % in Mar 31 2024.
Interest Coverage Ratio was 14.3. Debt Coverage Ratio was 0.71.

More on MOH's Balance Sheets

 Market Capitalization (Millions) 17,079
 Shares Outstanding (Millions) 58
 Total Debt (Millions $) 2,180
 Revenue (TTM) (Millions $) 35,854
 Net Income (TTM) (Millions $) 1,071
 Cash Flow (TTM) (Millions $) -25
 Capital Exp. (TTM) (Millions $) -84
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 21,000
   


  News about Molina Healthcare Inc Earnings

Molina Healthcare Inc. Sees Profits Inch Up at Slower Pace in Q1 2024

Molina Healthcare Inc. (NYSE: MOH) recently announced its financial results for the fiscal three months ending March 31, 2024. The company reported an income per share of $5.17 and revenue of $9.05 billion in this period. These results indicate a decrease in profitability compared to the first quarter of 2023, where Molina Healthcare Inc. earned $5.52 in earnings per share. However, it is worth noting that the company experienced a 21.868% increase in revenue in the same period.
Despite the decrease in profitability, Molina Healthcare Inc. saw growth in both earnings per share and revenue from the previous year. Earnings per share grew by 39.45% from $3.71, and revenue advanced by 9.759% from $9.05 billi...

Molina Healthcare Inc. Surpasses Expectations with Remarkable Growth in Q4 2023 and Fiscal Performance

Molina Healthcare Inc. (NYSE: MOH) has reported significant growth in its financial performance for the fourth quarter of 2023 and the fiscal year ending December 31, 2023. The company saw a substantial increase in its income per share, with a growth of 288.92% to $3.71 per share. Furthermore, revenue also experienced a boost of 10.033% to $9.05 billion compared to the prior year period.
Net earnings for the fiscal year ending December 31, 2023, increased by 285.71% to $216.000 million from $56.000 million in the previous year. Despite a decrease in operating earnings by -64.35%, Molina Healthcare Inc.?s net margin actually improved to 2.39%. The company's operating margin fell to 3.91% from 12.08% in th...

Solid Growth at Molina Healthcare Inc During the Third Quarter of 2023



Molina Healthcare Inc recently released their financial results for the third quarter ending September 30, 2023. The report highlights a significant increase in revenue, improved income per share, and a steady rise in bottom-line earnings. Despite a dip in income and net margin compared to the previous quarter, the company's focus on sales improvement and rising demand signals a positive outlook. This article aims to provide an overview of Molina Healthcare Inc's financial performance and contextualize it within its stock market performance.
I. Revenue Growth:
In the financial time-frame ending September 30, 2023, Molina Healthcare Inc witnessed a 7.834% increase in revenue. The company gen...

Molina Healthcare Inc's Earnings Soar by 25.88% in Q2 2023 Outpacing Revenue Increase

Molina Healthcare Inc Continues to Deliver Strong Financial Results
Molina Healthcare Inc, a leading player in the Accident and Health Insurance industry, has once again showcased its exceptional performance in the fiscal interval closing June 30, 2023. Despite facing challenges in the market, the company managed to outpace revenue advances with remarkable EPS improvement.
During this reporting season, Molina Healthcare Inc witnessed a commendable growth of 25.88% in its earnings per share (EPS), reaching an impressive $5.35 per share. In comparison, revenue advanced by 3.39% to $8.33 billion from the same period last year. Although the revenue growth rate may seem modest, it is important to analyze ...


Date modified: 2024-04-25T18:29:45+00:00





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com