ModivCare Cost Of Revenue from 2010 to 2024

MODV Stock  USD 11.13  0.24  2.20%   
ModivCare Cost Of Revenue yearly trend continues to be fairly stable with very little volatility. Cost Of Revenue is likely to outpace its year average in 2024. During the period from 2010 to 2024, ModivCare Cost Of Revenue regression line of quarterly data had mean square error of 104751.6 T and geometric mean of  1,074,341,200. View All Fundamentals
 
Cost Of Revenue  
First Reported
2000-09-30
Previous Quarter
615.9 M
Current Value
597.9 M
Quarterly Volatility
182.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ModivCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ModivCare's main balance sheet or income statement drivers, such as Interest Expense of 72.6 M, Selling General Administrative of 289.3 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0527 or PTB Ratio of 3.79. ModivCare financial statements analysis is a perfect complement when working with ModivCare Valuation or Volatility modules.
  
Check out the analysis of ModivCare Correlation against competitors.
For more information on how to buy ModivCare Stock please use our How to Invest in ModivCare guide.

Latest ModivCare's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of ModivCare over the last few years. Cost of Revenue is found on ModivCare income statement and represents the costs associated with goods and services ModivCare provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is ModivCare's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ModivCare's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

ModivCare Cost Of Revenue Regression Statistics

Arithmetic Mean1,388,386,360
Geometric Mean1,074,341,200
Coefficient Of Variation42.81
Mean Deviation416,032,403
Median1,401,152,000
Standard Deviation594,331,399
Sample Variance353229.8T
Range2.4B
R-Value0.85
Mean Square Error104751.6T
R-Squared0.72
Significance0.000057
Slope113,128,347
Total Sum of Squares4945217.4T

ModivCare Cost Of Revenue History

20242.4 B
20232.3 B
2022B
20211.6 B
20201.1 B
20191.4 B
20181.3 B

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ModivCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue2.3 B2.4 B

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Additional Tools for ModivCare Stock Analysis

When running ModivCare's price analysis, check to measure ModivCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ModivCare is operating at the current time. Most of ModivCare's value examination focuses on studying past and present price action to predict the probability of ModivCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ModivCare's price. Additionally, you may evaluate how the addition of ModivCare to your portfolios can decrease your overall portfolio volatility.