Molina Historical Income Statement
MOH Stock | USD 296.57 3.74 1.25% |
Historical analysis of Molina Healthcare income statement accounts such as Gross Profit of 4.6 B can show how well Molina Healthcare performed in making a profits. Evaluating Molina Healthcare income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Molina Healthcare's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Molina Healthcare latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Molina Healthcare is a good buy for the upcoming year.
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About Molina Income Statement Analysis
Molina Healthcare Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Molina Healthcare shareholders. The income statement also shows Molina investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Molina Healthcare Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Molina Healthcare generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Molina Healthcare minus its cost of goods sold. It is profit before Molina Healthcare operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Molina Healthcare. It is also known as Molina Healthcare overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Molina Healthcare's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Molina Healthcare current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Molina Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Molina Stock please use our How to Invest in Molina Healthcare guide.As of now, Molina Healthcare's Gross Profit is increasing as compared to previous years. The Molina Healthcare's current Other Operating Expenses is estimated to increase to about 33 B, while Total Other Income Expense Net is projected to decrease to (114.5 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.3B | 3.9B | 4.3B | 4.6B | Total Revenue | 27.8B | 32.0B | 34.1B | 35.8B |
Molina Healthcare income statement Correlations
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Molina Healthcare Account Relationship Matchups
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Molina Healthcare income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 89M | 88M | 131M | 176M | 171M | 179.6M | |
Interest Expense | 87M | 102M | 120M | 110M | 109M | 114.5M | |
Total Revenue | 16.8B | 19.4B | 27.8B | 32.0B | 34.1B | 35.8B | |
Gross Profit | 2.4B | 2.7B | 3.3B | 3.9B | 4.3B | 4.6B | |
Other Operating Expenses | 15.8B | 18.3B | 26.8B | 30.6B | 31.4B | 33.0B | |
Operating Income | 1.0B | 1.1B | 1.0B | 1.2B | 1.6B | 1.7B | |
Ebit | 1.1B | 1.1B | 995M | 1.2B | 1.6B | 1.7B | |
Ebitda | 1.2B | 1.2B | 1.1B | 1.3B | 1.7B | 1.8B | |
Total Operating Expenses | 1.4B | 1.6B | 2.3B | 2.5B | 2.8B | 2.9B | |
Income Before Tax | 972M | 961M | 875M | 1.1B | 1.5B | 1.5B | |
Total Other Income Expense Net | (72M) | (117M) | (145M) | (110M) | (109M) | (114.5M) | |
Net Income | 737M | 673M | 659M | 792M | 1.1B | 1.1B | |
Income Tax Expense | 235M | 288M | 216M | 271M | 373M | 391.7M | |
Selling General Administrative | 1.3B | 1.5B | 2.1B | 2.3B | 2.5B | 2.6B | |
Cost Of Revenue | 14.4B | 16.7B | 24.5B | 28.0B | 29.7B | 31.2B | |
Net Income Applicable To Common Shares | 737M | 673M | 659M | 792M | 910.8M | 956.3M | |
Net Income From Continuing Ops | 737M | 673M | 659M | 792M | 1.1B | 1.1B | |
Non Operating Income Net Other | (17M) | 15M | (15M) | (25M) | (28.8M) | (27.3M) | |
Tax Provision | 235M | 288M | 216M | 271M | 373M | 233.1M | |
Interest Income | 87M | 102M | 120M | 110M | 126.5M | 112.6M | |
Net Interest Income | (87M) | (102M) | (120M) | (110M) | (109M) | (114.5M) | |
Reconciled Depreciation | 89M | 88M | 131M | 176M | 171M | 150.9M |
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When determining whether Molina Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Molina Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Molina Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Molina Healthcare Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Molina Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in Molina Stock please use our How to Invest in Molina Healthcare guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Molina Healthcare. If investors know Molina will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Molina Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.342 | Earnings Share 19.67 | Revenue Per Share 649.831 | Quarterly Revenue Growth 0.174 | Return On Assets 0.069 |
The market value of Molina Healthcare is measured differently than its book value, which is the value of Molina that is recorded on the company's balance sheet. Investors also form their own opinion of Molina Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Molina Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Molina Healthcare's market value can be influenced by many factors that don't directly affect Molina Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Molina Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Molina Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Molina Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.