Molina Healthcare Inc (MOH)

Total asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 40,650,000 34,072,000 31,974,000 27,771,000 19,423,000
Total assets US$ in thousands 15,630,000 14,892,000 12,314,000 12,209,000 9,532,000
Total asset turnover 2.60 2.29 2.60 2.27 2.04

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $40,650,000K ÷ $15,630,000K
= 2.60

Molina Healthcare Inc's total asset turnover has shown a consistent upward trend over the past five years, increasing from 2.04 in 2020 to 2.60 in both 2022 and 2024. This indicates that the company is generating more revenue relative to its total assets, reflecting improved efficiency in asset utilization. The increase in total asset turnover suggests that Molina Healthcare Inc has been able to drive more sales from its assets, which can result in higher profitability and shareholder value. The company's ability to efficiently use its assets to generate revenue bodes well for its operational performance and overall financial health.


Peer comparison

Dec 31, 2024