Magellan Health's revenue for the
three
months ended in Sep. 2021 was $1,254 Mil.
Its revenue for the trailing twelve months (TTM) ended in Sep. 2021 was $4,821 Mil.
Magellan Health's Revenue per Share for the
three
months ended in Sep. 2021 was $47.78.
Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2021 was $183.46.
Warning Sign:
Magellan Health Inc revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Magellan Health was 1.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -9.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -1.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 9.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, Magellan Health's highest 3-Year average Revenue per Share Growth Rate was 20.20% per year. The lowest was -10.50% per year. And the median was 6.45% per year.
Magellan Health Revenue Historical Data
The historical data trend for Magellan Health's Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Magellan Health's Revenue
For the Healthcare Plans subindustry, Magellan Health's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Magellan Health's Revenue Distribution in the Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Magellan Health's Revenue distribution charts can be found below:
* The bar in red indicates where Magellan Health's Revenue falls into.
Magellan Health Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,821 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Magellan Health (NAS:MGLN) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Magellan Health Revenue Related Terms
Thank you for viewing the detailed overview of Magellan Health's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Magellan Health (Magellan Health) Business Description
Magellan Health provides healthcare management services to health plans and other managed care organizations, employers, labor unions, United States government agencies, and third-party administrators. The firm operates in three segments: Healthcare, Pharmacy Management, and Corporate. The Healthcare business manages behavioral healthcare services and employee assistance program services, as well as specialty areas like diagnostic imaging. The Pharmacy Management segment includes pharmacy benefit management (PBM) services, pharmacy benefit administration for Medicaid and other government-sponsored programs, pharmaceutical dispensing operations, and clinical and formulary management programs. The Healthcare business generates the majority of revenue.
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