Earnings Summary

Molina Healthcare, Inc.’s revenue jumped 21.87% since last year same period to $9931Mn in the Q1 2024. On a quarterly growth basis, Molina Healthcare, Inc. has generated 9.76% jump in its revenue since last 3-months.

Molina Healthcare, Inc.’s net profit fell -6.23% since last year same period to $301Mn in the Q1 2024. On a quarterly growth basis, Molina Healthcare, Inc. has generated 39.35% jump in its net profits since last 3-months.

Molina Healthcare, Inc.’s net profit margin fell -23.06% since last year same period to 3.03% in the Q1 2024. On a quarterly growth basis, Molina Healthcare, Inc. has generated 26.96% jump in its net profit margins since last 3-months.

Molina Healthcare, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 15.58.

Molina Healthcare, Inc.’s earning per share (EPS) estimates for the current quarter stand at 5.55 - a -0.72% fall from last quarter’s estimates.

Molina Healthcare, Inc.’s earning per share (EPS) estimates for the current year stand at 5.55.

Molina Healthcare, Inc.’s earning per share (EPS) fell -1.38% since last year same period to 5.73 in the Q1 2024. This indicates that the Molina Healthcare, Inc. has generated -1.38% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Molina Healthcare, Inc.’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Molina Healthcare, Inc.’s return on equity (ROE) stands at 0.28.