CSIMarket
 


Magellan Health inc   (MGLN)
Other Ticker:  
 
    Sector  Healthcare    Industry Healthcare Facilities
   Industry Healthcare Facilities
   Sector  Healthcare
 

MGLN's Operating Income Growth by Quarter and Year

Magellan Health Inc 's Operating Income results by quarter and year




MGLN Operating Income (in millions $) FY 2021 FY 2020 FY 2019 FY 2018
IV Quarter December - -67.63 34.16 -22.25
III Quarter September 8.33 -12.69 33.18 45.81
II Quarter June 3.42 26.53 25.34 23.69
I Quarter March 45.50 40.11 5.10 17.27
FY   57.25 -13.68 97.78 64.52



MGLN Operating Income third quarter 2021 Y/Y Growth Comment
Magellan Health inc in the third quarter 2021 achieved Operating Income of $ 8.33 millions compare to Operating Loss recorded in same quarter a year ago.

Among companies who have reported third quarter 2021 results in the Healthcare Facilities industry only one Company has achieved higher year on year Operating Income results in the third quarter 2021. While Magellan Health Inc ' s Operating Income no change of % ranks overall at the positon no. 144 in the third quarter 2021.

Explain Operating Income growth


MGLN Operating Income ( Y/Y Growth %) 2021
2020 2019 2018
IV Quarter December - - - -
III Quarter September - - -27.57 % -9.93 %
II Quarter June -87.11 % 4.7 % 6.96 % 64.29 %
I Quarter March 13.44 % 686.47 % -70.47 % -46.81 %
FY   - - 51.55 % -58.46 %

Financial Statements
Magellan Health Inc 's third quarter 2021 Operating Income $ 8.33 millions MGLN's Income Statement
Magellan Health Inc 's third quarter 2020 Operating Income $ -12.69 millions Quarterly MGLN's Income Statement
New: More MGLN's historic Operating Income Growth >>


MGLN Operating Income (Quarter on Quarter Growth %)

2021
2020 2019 2018
IV Quarter December - - 2.95 % -
III Quarter September 143.6 % - 30.94 % 93.37 %
II Quarter June -92.48 % -33.86 % 396.86 % 37.17 %
I Quarter March - 17.42 % - -70 %
FY (Year on Year)   - - 51.55 % -58.46 %




Operating Income third quarter 2021 Y/Y Growth Company Ranking
Within: No.
Healthcare Facilities Industry #2
Healthcare Sector #14
Overall #144

Operating Income Y/Y Growth Statistics
High Average Low
396.55 % 29.02 % -92.48 %
(Jun 30 2019)   (Jun 30 2021)
Operating Income third quarter 2021 Y/Y Growth Company Ranking
Within: No.
Healthcare Facilities Industry #2
Healthcare Sector #14
Overall #144
Operating Income Y/Y Growth Statistics
High Average Low
396.55 % 29.02 % -92.48 %
(Jun 30 2019)   (Jun 30 2021)

Operating Income by Quarter for the Fiscal Years 2018, 2019, 2020, 2021

Magellan Health Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
396.55 % 29.02 % -92.48 %
(Jun 30 2019)  


MGLN's III. Quarter Q/Q Operating Income Comment
Magellan Health inc achieved in the III. Quarter 2021 above company average sequential Operating Income doubling of 143.6%, to $ 8.33 millions, from $3.42 millions in the second quarter.
MGLN is going from strength to strength, not only recording above normal growth, but also improving pace.

Within Healthcare Facilities industry Magellan Health inc achieved highest sequential Operating Income growth. While Magellan Health Inc 's Operating Income growth quarter on quarter, overall rank is 143.


Operating Income Q/Q Growth Company Ranking
Within: No.
Healthcare Facilities Industry #0
Healthcare Sector #12
Overall #143
Operating Income Q/Q Growth Company Ranking
Within: No.
Healthcare Facilities Industry #0
Healthcare Sector #12
Overall #143
Operating Income Q/Q Growth Statistics
High Average Low
396.55 % 29.02 % -92.48 %
(Jun 30 2019)  


MGLN's III. Quarter Q/Q Operating Income Comment
Magellan Health inc achieved in the III. Quarter 2021 above company average sequential Operating Income doubling of 143.6%, to $ 8.33 millions, from $3.42 millions in the second quarter.
Magellan Health Inc is undergoing a remarkable growth, not only reporting above regular growth, and also increasing speed, Juan J. Davis, Healthcare sector consultant said.

Within Healthcare Facilities industry Magellan Health inc achieved highest sequential Operating Income growth. While Magellan Health Inc 's Operating Income growth quarter on quarter, overall rank is 143.


Magellan Health Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Sep 30 2021)
12 Months Ending
(Jun 30 2021)
12 Months Ending
(Mar 31 2021)
12 Months Ending
(Dec 31 2020)
12 Months Ending
(Sep 30 2020)
Cumulative Operating Income 12 Months Ending $ -10.38 $ -31.40 $ -8.28 $ -13.67 $ 88.11
Y / Y Operating Income Growth (TTM) - - - - 112.96 %
Year on Year Operating Income Growth Overall Ranking # 440 # 0 # 0 # 0 # 1977
Seqeuential Operating Income Change (TTM) - - - - -34.23 %
Seq. Operating Income Growth (TTM) Overall Ranking # 1859 # 0 # 0 # 0 # 1797




Cumulative Operating Income growth Comment
Magellan Health Inc realized trailing twelve months Operating Loss of $ -10 millions, in the Sep 30 2021, compare to Operating Income of $ 88 millions a year ago.

Within the Healthcare sector 34 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 0 to 440.

Operating Income TTM Q/Q Growth Statistics
High Average Low
232.53 %
13.19 %
-71.33 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Healthcare Facilities Industry # 28
Healthcare Sector # 35
Overall # 440

Operating Income TTM Y/Y Growth Statistics
High Average Low
232.53 %
13.19 %
-71.33 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 28
Sector # 146
S&P 500 # 1859
Cumulative Operating Income growth Comment
Magellan Health Inc realized trailing twelve months Operating Loss of $ -10 millions, in the Sep 30 2021, compare to Operating Income of $ 88 millions a year ago.

Within the Healthcare sector 34 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 0 to 440.

Operating Income TTM Q/Q Growth Statistics
High Average Low
232.53 %
13.19 %
-71.33 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Healthcare Facilities Industry # 28
Healthcare Sector # 35
Overall # 440

Operating Income TTM Y/Y Growth Statistics
High Average Low
232.53 %
13.19 %
-71.33 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 28
Sector # 146
S&P 500 # 1859




Other Operating Income Growth
Healthcare Facilities Industry Operating Income Growth Trends and Statistics
Healthcare Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
MGLN's Operating Income Growth Ratio versus Healthcare Facilities Industry, Healthcare Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for MGLN's Competitors
Operating Income Growth for Magellan Health Inc 's Suppliers
Operating Income Growth for MGLN's Customers

You may also want to know
MGLN's Annual Growth Rates MGLN's Profitability Ratios MGLN's Asset Turnover Ratio MGLN's Dividend Growth
MGLN's Roe MGLN's Valuation Ratios MGLN's Financial Strength Ratios MGLN's Dividend Payout Ratio
MGLN's Roa MGLN's Inventory Turnover Ratio MGLN's Growth Rates MGLN's Dividend Comparisons



Companies with similar Operating Income doubling for the quarter ending Sep 30 2021 within Healthcare SectorY/Y Change %Operating Income for the quarter ending Sep 30 2021
Abiomed Inc -1.47%$ -1.467 millions
Integra Lifesciences Holdings Corp-1.92%$ -1.917 millions
Amgen Inc -3.06%$ -3.057 millions
Select Medical Holdings Corp-3.76%$ -3.764 millions
Semler Scientific Inc -5.44%$ -5.437 millions
3m Company-6.34%$ -6.338 millions
Phibro Animal Health Corporation-6.86%$ -6.859 millions
Quidelortho Corp-8.48%$ -8.481 millions
Conmed Corporation-9.09%$ -9.091 millions
Quest Diagnostics Inc-9.19%$ -9.192 millions
Lemaitre Vascular Inc -9.43%$ -9.433 millions
Universal Health Services Inc -9.97%$ -9.970 millions
Amedisys Inc -10.33%$ -10.331 millions
Meridian Bioscience Inc -10.40%$ -10.397 millions
Edgemode Inc -10.53%$ -10.525 millions
Fonar Corporation-13.94%$ -13.941 millions
Essa Pharma inc -14.07%$ -14.072 millions
Pro dex Inc -14.91%$ -14.913 millions
U S Physical Therapy Inc-15.06%$ -15.064 millions
Owens and Minor inc-16.78%$ -16.780 millions
Protokinetix Incorporated-16.92%$ -16.917 millions
Steris Plc-17.53%$ -17.528 millions
Orgenesis Inc -18.08%$ -18.083 millions
Electromed Inc -18.85%$ -18.852 millions
Biodelivery Sciences International Inc -20.22%$ -20.222 millions
Retractable Technologies inc -23.02%$ -23.019 millions
Vyne Therapeutics Inc -24.33%$ -24.328 millions
Laboratory Corporation Of America Holdings-26.76%$ -26.760 millions
Biogen Inc -26.91%$ -26.915 millions
Viemed Healthcare Inc -27.75%$ -27.748 millions




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