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Molina Healthcare (Molina Healthcare) Revenue : $34,072 Mil (TTM As of Dec. 2023)


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What is Molina Healthcare Revenue?

Molina Healthcare's revenue for the three months ended in Dec. 2023 was $9,048 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $34,072 Mil. Molina Healthcare's Revenue per Share for the three months ended in Dec. 2023 was $155.73. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $587.17.

Warning Sign:

Molina Healthcare Inc revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Molina Healthcare was 7.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 21.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 19.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 12.30% 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, Molina Healthcare's highest 3-Year average Revenue per Share Growth Rate was 50.30% per year. The lowest was -6.20% per year. And the median was 22.65% per year.


Molina Healthcare Revenue Historical Data

The historical data trend for Molina Healthcare'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.

* Premium members only.

Molina Healthcare Revenue Chart

Molina Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,829.00 19,423.00 27,771.00 31,974.00 34,072.00

Molina Healthcare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,223.00 8,149.00 8,327.00 8,548.00 9,048.00

Competitive Comparison of Molina Healthcare's Revenue

For the Healthcare Plans subindustry, Molina Healthcare'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.


Molina Healthcare's Revenue Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Molina Healthcare's Revenue distribution charts can be found below:

* The bar in red indicates where Molina Healthcare's Revenue falls into.



Molina Healthcare 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $34,072 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.


Molina Healthcare  (NYSE:MOH) 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:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

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.


Molina Healthcare Revenue Related Terms

Thank you for viewing the detailed overview of Molina Healthcare's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Molina Healthcare (Molina Healthcare) Business Description

Traded in Other Exchanges
Address
200 Oceangate, Suite 100, Long Beach, CA, USA, 90802
Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Molina's Medicaid plans receive revenue on a per-member per-month basis from state government agencies, and its Medicare Advantage plans receive revenue from managed care plans that contract with the Centers for Medicaid and Medicare (CMS). Molina also provides plans through health insurance exchanges.
Executives
Ronna Romney director
Steven J Orlando director
Maurice Hebert officer: Chief Accounting Officer C/O WELLCARE HEALTH PLANS, INC., 8735 HENDERSON ROAD, TAMPA FL 33634
Marc Russo officer: Executive Vice President C/O WELLCARE HEALTH PLANS, INC., 8725 HENDERSON ROAD, REN. 1, TAMPA FL 33634
Jeff D. Barlow officer: Chief Legal Officer 300 UNIVERSITY AVENUE, SUITE 100, SACRAMENTO CA 95825
Barbara L Brasier director C/O MEADWESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Daniel Cooperman director DANIEL COOPERMAN, 930 CULEBRA ROAD, HILLSBOROUGH CA 94010
Dale B Wolf director
Richard M Schapiro director 300 UNIVERSITY AVENUE, SUITE 100, SACRAMENTO CA 95825
Joseph M Zubretsky director, officer: President & CEO C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Mark Lowell Keim officer: Executive Vice President 440 LINCOLN STREET, E-6, WORCESTER MA 01653
James Woys officer: Executive Vice President 21650 OXNARD STREET, 22ND FLOOR, WOODLAND HILLS CA 91367
Thomas L Tran officer: Chief Financial Officer 8735 HENDERSON ROAD, TAMPA FL 33625
Stephen H Lockhart director C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Garrey Carruthers director 5258 REDMAN RD., LAS CRUCES NM 88011

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