Molina Healthcare (STU:MHG) ROCE % : 20.63% (As of Dec. 2024)

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What is Molina Healthcare ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Molina Healthcare's annualized ROCE % for the quarter that ended in Dec. 2024 was 20.63%.

Molina Healthcare ROCE % Historical Data

The historical data trend for Molina Healthcare's ROCE % 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.

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Molina Healthcare ROCE % Chart

Molina Healthcare Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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25.25

21.16

22.78

25.49

24.06

Molina Healthcare Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															19.09	24.87	24.31	24.91	20.63

Molina Healthcare ROCE % Calculation

Molina Healthcare's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	1630.185	/	( ( (13655.964 - 7490.056)	+	(14926.65 - 7540.68) )	/ 2 )
	=	1630.185	/	( (6165.908	+	7385.97)	/ 2 )
	=	1630.185	/	6775.939
	=	24.06 %

Molina Healthcare's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	1451.6	/	( ( (14197.958 - 7511.637)	+	(14926.65 - 7540.68) )	/ 2 )
	=	1451.6	/	( ( 6686.321	+	7385.97 )	/ 2 )
	=	1451.6	/	7036.1455
	=	20.63 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Molina Healthcare (STU:MHG) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Molina Healthcare ROCE % Related Terms

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Molina Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Molina Healthcare Inc (STU:MHG) » Definitions » ROCE %

Comparable Companies

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MOH:USA MHG:Germany

Address

200 Oceangate, Suite 100, Long Beach, CA, USA, 90802

Website

https://www.molinahealthcare.com

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). It has four segments: Medicaid, Medicare, Marketplace and Others. The Medicaid, Medicare, and Marketplace segments represent the government-funded or sponsored programs under which it offers managed healthcare services. The Other segment, which is insignificant to its consolidated results of operations, includes long-term services and supports consultative services in Wisconsin. It generates majority revenue from Medicaid segment.

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