Molina Healthcare Inc (MOH)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,293,000 | 3,416,000 | 3,034,000 | 2,888,000 | 2,770,000 | 2,211,000 | 2,193,000 | 2,151,000 | 2,104,000 | 2,190,000 | 2,043,000 | 1,922,000 | 1,868,000 | 2,232,000 | 2,337,000 | 2,525,000 | 2,479,000 | 2,260,000 | 2,289,000 | 2,218,000 |
| Revenue (ttm) | US$ in thousands | 40,650,000 | 39,199,000 | 37,407,000 | 35,854,000 | 34,072,000 | 33,247,000 | 32,626,000 | 32,353,000 | 31,974,000 | 31,160,000 | 30,273,000 | 29,019,000 | 27,771,000 | 25,597,000 | 23,578,000 | 21,396,000 | 19,423,000 | 18,462,000 | 17,684,000 | 17,259,000 |
| Gross profit margin | 8.10% | 8.71% | 8.11% | 8.05% | 8.13% | 6.65% | 6.72% | 6.65% | 6.58% | 7.03% | 6.75% | 6.62% | 6.73% | 8.72% | 9.91% | 11.80% | 12.76% | 12.24% | 12.94% | 12.85% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,293,000K ÷ $40,650,000K
= 8.10%
Molina Healthcare Inc's gross profit margin has shown some fluctuations over the analyzed period. The gross profit margin started at 12.85% in March 2020 and maintained a relatively stable level around 12% until March 2021. However, from June 2021 to December 2022, there was a steady decline in the gross profit margin, reaching as low as 6.62% in March 2022.
Subsequently, there was a slight increase in the gross profit margin, but it remained below 10% until September 2023. From December 2023 to September 2024, there was a gradual improvement in the gross profit margin, climbing from 8.13% to 8.71%.
Overall, Molina Healthcare Inc's gross profit margin has shown volatility and downward trends in certain periods, indicating potential challenges in managing costs and generating revenue. However, recent improvements suggest efforts to enhance profitability.
Peer comparison
Dec 31, 2024